FINANCIAL ASSET SECURITIES CORP., Depositor OPTION ONE MORTGAGE CORPORATION, Servicer and WELLS FARGO BANK, N.A., Trustee POOLING AND SERVICING AGREEMENT Dated as of July 1, 2007 Soundview Home Loan Trust 2007-OPT2 Asset-Backed Certificates, Series...
FINANCIAL
ASSET SECURITIES CORP.,
Depositor
OPTION
ONE MORTGAGE CORPORATION,
Servicer
and
XXXXX
FARGO BANK, N.A.,
Trustee
Dated
as
of July 1, 2007
___________________________
TABLE
OF CONTENTS
ARTICLE
I
|
|
DEFINITIONS
|
|
SECTION
1.01
|
Defined
Terms.
|
SECTION
1.02
|
Accounting.
|
SECTION
1.03
|
Allocation
of Certain Interest Shortfalls.
|
SECTION
1.04
|
Rights
of the NIMS Insurer.
|
ARTICLE
II
|
|
CONVEYANCE
OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
|
|
SECTION
2.01
|
Conveyance
of Mortgage Loans.
|
SECTION
2.02
|
Acceptance
by Trustee.
|
SECTION
2.03
|
Repurchase
or Substitution of Mortgage Loans by the Originator or the
Seller.
|
SECTION
2.04
|
[Reserved].
|
SECTION
2.05
|
Representations,
Warranties and Covenants of the Servicer.
|
SECTION
2.06
|
Representations
and Warranties of the Depositor.
|
SECTION
2.07
|
Issuance
of Certificates.
|
SECTION
2.08
|
Authorization
to Enter into Basis Risk Cap Agreement, Interest Rate Cap Agreement
and
Interest Rate Swap Agreement.
|
SECTION
2.09
|
Acceptance
of REMIC 1, REMIC 2, REMIC 3, REMIC 4, REMIC 5 and REMIC 6 by the
Trustee;
Conveyance of REMIC 1 Regular Interests, Class C Interest and Class
P
Interest; Issuance of Certificates.
|
ARTICLE
III
|
|
ADMINISTRATION
AND SERVICING OF THE MORTGAGE LOANS
|
|
SECTION
3.01
|
Servicer
to Act as Servicer.
|
SECTION
3.02
|
Sub-Servicing
Agreements Between Servicer and Sub-Servicers.
|
SECTION
3.03
|
Successor
Sub-Servicers.
|
SECTION
3.04
|
Liability
of the Servicer.
|
SECTION
3.05
|
No
Contractual Relationship Between Sub-Servicers and the NIMS Insurer,
the
Trustee or Certificateholders.
|
SECTION
3.06
|
Assumption
or Termination of Sub-Servicing Agreements by Trustee.
|
SECTION
3.07
|
Collection
of Certain Mortgage Loan Payments.
|
SECTION
3.08
|
Sub-Servicing
Accounts.
|
SECTION
3.09
|
Collection
of Taxes, Assessments and Similar Items; Escrow
Accounts.
|
SECTION
3.10
|
Collection
Account and Distribution Account.
|
SECTION
3.11
|
Withdrawals
from the Collection Account and Distribution Account.
|
SECTION
3.12
|
Investment
of Funds in the Collection Account and the Distribution
Account.
|
SECTION
3.13
|
[Reserved].
|
SECTION
3.14
|
Maintenance
of Hazard Insurance and Errors and Omissions and Fidelity
Coverage.
|
SECTION
3.15
|
Enforcement
of Due-On-Sale Clauses; Assumption Agreements.
|
SECTION
3.16
|
Realization
Upon Defaulted Mortgage Loans.
|
SECTION
3.17
|
Trustee
to Cooperate; Release of Mortgage Files.
|
SECTION
3.18
|
Servicing
Compensation.
|
SECTION
3.19
|
Reports
to the Trustee; Collection Account Statements.
|
SECTION
3.20
|
Statement
of Compliance.
|
SECTION
3.21
|
Assessments
of Compliance and Attestation Reports.
|
SECTION
3.22
|
Access
to Certain Documentation; Filing of Reports by Trustee.
|
SECTION
3.23
|
Title,
Management and Disposition of REO Property.
|
SECTION
3.24
|
Obligations
of the Servicer in Respect of Prepayment Interest
Shortfalls.
|
SECTION
3.25
|
[Reserved].
|
SECTION
3.26
|
Obligations
of the Servicer in Respect of Mortgage Rates and Monthly
Payments.
|
SECTION
3.27
|
Solicitations.
|
SECTION
3.28
|
[Reserved].
|
SECTION
3.29
|
Advance
Facility.
|
ARTICLE
IV
|
|
FLOW
OF FUNDS
|
|
SECTION
4.01
|
Distributions.
|
SECTION
4.02
|
[Reserved].
|
SECTION
4.03
|
Statements.
|
SECTION
4.04
|
Remittance
Reports; Advances.
|
SECTION
4.05
|
Commission
Reporting.
|
SECTION
4.06
|
Net
WAC Rate Carryover Reserve Account.
|
SECTION
4.07
|
Distributions
on the REMIC Regular Interests.
|
SECTION
4.08
|
Allocation
of Realized Losses.
|
SECTION
4.09
|
Swap
Account.
|
SECTION
4.10
|
Tax
Treatment of Swap Payments and Swap Termination
Payments.
|
SECTION
4.11
|
Cap
Account.
|
SECTION
4.12
|
Collateral
Accounts
|
SECTION
4.13
|
Rights
and Obligations Under the Basis Risk Cap Agreement, the Interest
Rate Cap
Agreement and the Interest Rate Swap Agreement.
|
ARTICLE
V
|
|
THE
CERTIFICATES
|
|
SECTION
5.01
|
The
Certificates.
|
SECTION
5.02
|
Registration
of Transfer and Exchange of Certificates.
|
SECTION
5.03
|
Mutilated,
Destroyed, Lost or Stolen Certificates.
|
SECTION
5.04
|
Persons
Deemed Owners.
|
SECTION
5.05
|
Appointment
of Paying Agent.
|
ARTICLE
VI
|
|
THE
SERVICER AND THE DEPOSITOR
|
|
SECTION
6.01
|
Liability
of the Servicer and the Depositor.
|
SECTION
6.02
|
Merger
or Consolidation of, or Assumption of the Obligations of, the Servicer
or
the Depositor.
|
SECTION
6.03
|
Limitation
on Liability of the Servicer and Others.
|
SECTION
6.04
|
Servicer
Not to Resign.
|
SECTION
6.05
|
Delegation
of Duties.
|
SECTION
6.06
|
[Reserved].
|
SECTION
6.07
|
Inspection.
|
ARTICLE
VII
|
|
DEFAULT
|
|
SECTION
7.01
|
Servicer
Events of Termination.
|
SECTION
7.02
|
Trustee
to Act; Appointment of Successor.
|
SECTION
7.03
|
Waiver
of Defaults.
|
SECTION
7.04
|
Notification
to Certificateholders.
|
SECTION
7.05
|
Survivability
of Servicer Liabilities.
|
ARTICLE
VIII
|
|
THE
TRUSTEE
|
|
SECTION
8.01
|
Duties
of Trustee.
|
SECTION
8.02
|
Certain
Matters Affecting the Trustee.
|
SECTION
8.03
|
Trustee
Not Liable for Certificates or Mortgage Loans.
|
SECTION
8.04
|
Trustee
May Own Certificates.
|
SECTION
8.05
|
Trustee
Compensation, Custodial Fee and Expenses.
|
SECTION
8.06
|
Eligibility
Requirements for Trustee.
|
SECTION
8.07
|
Resignation
or Removal of Trustee.
|
SECTION
8.08
|
Successor
Trustee.
|
SECTION
8.09
|
Merger
or Consolidation of Trustee.
|
SECTION
8.10
|
Appointment
of Co-Trustee or Separate Trustee.
|
SECTION
8.11
|
Limitation
of Liability.
|
SECTION
8.12
|
Trustee
May Enforce Claims Without Possession of Certificates.
|
SECTION
8.13
|
Suits
for Enforcement.
|
SECTION
8.14
|
Waiver
of Bond Requirement.
|
SECTION
8.15
|
Waiver
of Inventory, Accounting and Appraisal Requirement.
|
ARTICLE
IX
|
|
REMIC
ADMINISTRATION
|
|
SECTION
9.01
|
REMIC
Administration.
|
SECTION
9.02
|
Prohibited
Transactions and Activities.
|
SECTION
9.03
|
Indemnification
with Respect to Certain Taxes and Loss of REMIC Status.
|
ARTICLE
X
|
|
TERMINATION
|
|
SECTION
10.01
|
Termination.
|
SECTION
10.02
|
Additional
Termination Requirements.
|
ARTICLE
XI
|
|
MISCELLANEOUS
PROVISIONS
|
|
SECTION
11.01
|
Amendment.
|
SECTION
11.02
|
Recordation
of Agreement; Counterparts.
|
SECTION
11.03
|
Limitation
on Rights of Certificateholders.
|
SECTION
11.04
|
Governing
Law; Jurisdiction.
|
SECTION
11.05
|
Notices.
|
SECTION
11.06
|
Severability
of Provisions.
|
SECTION
11.07
|
Article
and Section References.
|
SECTION
11.08
|
Notice
to the Rating Agencies and the NIMS Insurer.
|
SECTION
11.09
|
Further
Assurances.
|
SECTION
11.10
|
Third
Party Rights.
|
SECTION
11.11
|
Benefits
of Agreement.
|
SECTION
11.12
|
Acts
of Certificateholders.
|
SECTION
11.13
|
Intention
of the Parties and Interpretation.
|
Exhibits:
|
|
Exhibit
A-1
|
Form
of Class I-A-1 Certificates
|
Exhibit
A-2
|
Form
of Class II-A-1 Certificates
|
Exhibit
A-3
|
Form
of Class II-A-2 Certificates
|
Exhibit
A-4
|
Form
of Class II-A-3 Certificates
|
Exhibit
A-5
|
Form
of Class II-A-4 Certificates
|
Exhibit
A-6
|
Form
of Class M-1 Certificates
|
Exhibit
A-7
|
Form
of Class M-2 Certificates
|
Exhibit
A-8
|
Form
of Class M-3 Certificates
|
Exhibit
A-9
|
Form
of Class M-4 Certificates
|
Exhibit
A-10
|
Form
of Class M-5 Certificates
|
Exhibit
A-11
|
Form
of Class M-6 Certificates
|
Exhibit
A-12
|
Form
of Class M-7 Certificates
|
Exhibit
A-13
|
Form
of Class M-8 Certificates
|
Exhibit
A-14
|
Form
of Class M-9 Certificates
|
Exhibit
A-15
|
Form
of Class M-10 Certificates
|
Exhibit
A-16
|
Form
of Class C Certificates
|
Exhibit
A-17
|
Form
of Class P Certificates
|
Exhibit
A-18
|
Form
of Class L Certificates
|
Exhibit
A-19
|
Form
of Class R Certificates
|
Exhibit
A-20
|
Form
of Class R-X Certificates
|
Exhibit
B
|
[Reserved]
|
Exhibit
C
|
Form
of Assignment Agreement
|
Exhibit
D
|
Mortgage
Loan Schedule
|
Exhibit
E
|
Request
for Release
|
Exhibit
F-1
|
Form
of Trustee’s Initial Certification
|
Exhibit
F-2
|
Form
of Trustee’s Final Certification
|
Exhibit
F-3
|
Form
of Receipt of Mortgage Note
|
Exhibit
G
|
Form
of Cap Allocation Agreement
|
Exhibit
H
|
Form
of Lost Note Affidavit
|
Exhibit
I
|
Form
of Limited Power of Attorney
|
Exhibit
J
|
Form
of Investment Letter
|
Exhibit
K
|
Form
of Transfer Affidavit for Residual Certificates
|
Exhibit
L
|
Form
of Transferor Certificate
|
Exhibit
M
|
Form
of ERISA Representation Letter
|
Exhibit
N-1
|
Form
of Certification to be Provided by the Depositor with Form 10
K
|
Exhibit
N-2
|
Form
of Certification to be Provided to the Depositor by the
Trustee
|
Exhibit
N-3
|
Form
of Certification to be Provided to the Depositor by the
Servicer
|
Exhibit
O
|
Form
of Interest Rate Cap Agreement
|
Exhibit
P
|
Form
of Basis Risk Cap Agreement
|
Exhibit
Q
|
Form
of Interest Rate Swap Agreement
|
Exhibit
R
|
Servicing
Criteria
|
Exhibit
S
|
Form
10-D, Form 8-K and Form 10-K Reporting Responsibility
|
Schedule
I
|
Prepayment
Charge Schedule
|
This
Pooling and Servicing Agreement is dated as of July 1, 2007 (the “Agreement”),
among FINANCIAL ASSET SECURITIES CORP., as depositor (the “Depositor”), OPTION
ONE MORTGAGE CORPORATION, as servicer (the “Servicer”) and XXXXX FARGO BANK,
N.A., as trustee (the “Trustee”).
PRELIMINARY
STATEMENT:
The
Depositor intends to sell pass-through certificates (collectively, the
“Certificates”), to be issued hereunder in multiple classes, which in the
aggregate will evidence the entire beneficial ownership interest in the Trust
Fund created hereunder. The Certificates will consist of twenty classes of
certificates, designated as (i) the Class I-A-1 Certificates, (ii) the Class
II-A-1 Certificates, (iii) the Class II-A-2 Certificates, (iv) Class II-A-3
Certificates, (v) the Class II-A-4 Certificates, (vi) the Class M-1 Certificates
(vii) the Class M-2 Certificates, (vii) the Class M-3 Certificates, (ix) the
Class M-4 Certificates, (x) the Class M-5 Certificates, (xi) the Class M-6
Certificates, (xii) the Class M-7 Certificates, (xiii) the Class M-8
Certificates, (xiv) the Class M-9 Certificates, (xv) the Class M-10
Certificates, (xvi) the Class C Certificates, (xvii) the Class P Certificates,
(xviii) the Class L Certificates, (xix) the Class R Certificates and (xx) the
Class R-X Certificates.
REMIC
1
As
provided herein, the Trustee shall elect to treat the segregated pool of assets
consisting of the Mortgage Loans and certain other related assets subject to
this Agreement (exclusive of the Net WAC Rate Carryover Reserve Account, the
Swap Account, any Servicer Prepayment Charge Payment Amounts, the Supplemental
Interest Trust, the Cap Trust, the Interest Rate Cap Agreement, the Cap Account,
the Cap Allocation Agreement, the Interest Rate Swap Agreement and the Basis
Risk Cap Agreement) as a REMIC for federal income tax purposes, and such
segregated pool of assets shall be designated as “REMIC 1.” The Class
R-1 Interest shall represent the sole class of “residual interests” in REMIC 1
for purposes of the REMIC Provisions (as defined herein). The
following table irrevocably sets forth the designation, the Uncertificated
REMIC
1 Pass-Through Rate, the initial Uncertificated Principal Balance and, for
purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the
“latest possible maturity date” for each of the REMIC 1 Regular Interests (as
defined herein). None of the REMIC 1 Regular Interests shall be
certificated.
Designation
|
Uncertificated
REMIC 1
Pass-Through
Rate
|
Initial
Uncertificated
Principal Balance
|
Latest
Possible
Maturity
Date(1)
|
||||
I
|
Variable(2)
|
$
|
19,384,106.76
|
July
25, 2037
|
|||
I-1-A
|
Variable(2)
|
$
|
6,557,468.75
|
July
25, 2037
|
|||
I-1-B
|
Variable(2)
|
$
|
6,557,468.75
|
July
25, 2037
|
|||
I-2-A
|
Variable(2)
|
$
|
7,253,362.50
|
July
25, 2037
|
|||
I-2-B
|
Variable(2)
|
$
|
7,253,362.50
|
July
25, 2037
|
|||
I-3-A
|
Variable(2)
|
$
|
7,904,693.75
|
July
25, 2037
|
|||
I-3-B
|
Variable(2)
|
$
|
7,904,693.75
|
July
25, 2037
|
|||
I-4-A
|
Variable(2)
|
$
|
8,494,473.75
|
July
25, 2037
|
|||
I-4-B
|
Variable(2)
|
$
|
8,494,473.75
|
July
25, 2037
|
|||
I-5-A
|
Variable(2)
|
$
|
8,722,982.50
|
July
25, 2037
|
|||
I-5-B
|
Variable(2)
|
$
|
8,722,982.50
|
July
25, 2037
|
|||
I-6-A
|
Variable(2)
|
$
|
8,403,283.75
|
July
25, 2037
|
|||
I-6-B
|
Variable(2)
|
$
|
8,403,283.75
|
July
25, 2037
|
|||
I-7-A
|
Variable(2)
|
$
|
8,095,431.25
|
July
25, 2037
|
|||
I-7-B
|
Variable(2)
|
$
|
8,095,431.25
|
July
25, 2037
|
|||
I-8-A
|
Variable(2)
|
$
|
7,798,982.50
|
July
25, 2037
|
|||
I-8-B
|
Variable(2)
|
$
|
7,798,982.50
|
July
25, 2037
|
|||
I-9-A
|
Variable(2)
|
$
|
7,513,512.50
|
July
25, 2037
|
|||
I-9-B
|
Variable(2)
|
$
|
7,513,512.50
|
July
25, 2037
|
|||
I-10-A
|
Variable(2)
|
$
|
7,238,608.75
|
July
25, 2037
|
|||
I-10-B
|
Variable(2)
|
$
|
7,238,608.75
|
July
25, 2037
|
|||
I-11-A
|
Variable(2)
|
$
|
6,973,878.75
|
July
25, 2037
|
|||
I-11-B
|
Variable(2)
|
$
|
6,973,878.75
|
July
25, 2037
|
|||
I-12-A
|
Variable(2)
|
$
|
6,723,572.50
|
July
25, 2037
|
|||
I-12-B
|
Variable(2)
|
$
|
6,723,572.50
|
July
25, 2037
|
|||
I-13-A
|
Variable(2)
|
$
|
6,585,537.50
|
July
25, 2037
|
|||
I-13-B
|
Variable(2)
|
$
|
6,585,537.50
|
July
25, 2037
|
|||
I-14-A
|
Variable(2)
|
$
|
7,155,693.75
|
July
25, 2037
|
|||
I-14-B
|
Variable(2)
|
$
|
7,155,693.75
|
July
25, 2037
|
|||
I-15-A
|
Variable(2)
|
$
|
7,670,536.25
|
July
25, 2037
|
|||
I-15-B
|
Variable(2)
|
$
|
7,670,536.25
|
July
25, 2037
|
|||
I-16-A
|
Variable(2)
|
$
|
24,687,383.75
|
July
25, 2037
|
|||
I-16-B
|
Variable(2)
|
$
|
24,687,383.75
|
July
25, 2037
|
|||
I-17-A
|
Variable(2)
|
$
|
38,433,310.00
|
July
25, 2037
|
|||
I-17-B
|
Variable(2)
|
$
|
38,433,310.00
|
July
25, 2037
|
|||
I-18-A
|
Variable(2)
|
$
|
7,056,627.50
|
July
25, 2037
|
|||
I-18-B
|
Variable(2)
|
$
|
7,056,627.50
|
July
25, 2037
|
|||
I-19-A
|
Variable(2)
|
$
|
6,307,856.25
|
July
25, 2037
|
|||
I-19-B
|
Variable(2)
|
$
|
6,307,856.25
|
July
25, 2037
|
|||
I-20-A
|
Variable(2)
|
$
|
4,860,090.00
|
July
25, 2037
|
|||
I-20-B
|
Variable(2)
|
$
|
4,860,090.00
|
July
25, 2037
|
|||
I-21-A
|
Variable(2)
|
$
|
2,923,642.50
|
July
25, 2037
|
|||
I-21-B
|
Variable(2)
|
$
|
2,923,642.50
|
July
25, 2037
|
|||
I-22-A
|
Variable(2)
|
$
|
2,806,013.75
|
July
25, 2037
|
|||
I-22-B
|
Variable(2)
|
$
|
2,806,013.75
|
July
25, 2037
|
|||
I-23-A
|
Variable(2)
|
$
|
2,692,933.75
|
July
25, 2037
|
|||
I-23-B
|
Variable(2)
|
$
|
2,692,933.75
|
July
25, 2037
|
|||
I-24-A
|
Variable(2)
|
$
|
2,597,712.50
|
July
25, 2037
|
|||
I-24-B
|
Variable(2)
|
$
|
2,597,712.50
|
July
25, 2037
|
|||
I-25-A
|
Variable(2)
|
$
|
2,480,571.25
|
July
25, 2037
|
|||
I-25-B
|
Variable(2)
|
$
|
2,480,571.25
|
July
25, 2037
|
|||
I-26-A
|
Variable(2)
|
$
|
2,423,417.50
|
July
25, 2037
|
|||
I-26-B
|
Variable(2)
|
$
|
2,423,417.50
|
July
25, 2037
|
|||
I-27-A
|
Variable(2)
|
$
|
2,350,566.25
|
July
25, 2037
|
|||
I-27-B
|
Variable(2)
|
$
|
2,350,566.25
|
July
25, 2037
|
|||
I-28-A
|
Variable(2)
|
$
|
2,508,573.75
|
July
25, 2037
|
|||
I-28-B
|
Variable(2)
|
$
|
2,508,573.75
|
July
25, 2037
|
|||
I-29-A
|
Variable(2)
|
$
|
2,684,417.50
|
July
25, 2037
|
|||
I-29-B
|
Variable(2)
|
$
|
2,684,417.50
|
July
25, 2037
|
|||
I-30-A
|
Variable(2)
|
$
|
1,978,863.75
|
July
25, 2037
|
|||
I-30-B
|
Variable(2)
|
$
|
1,978,863.75
|
July
25, 2037
|
|||
I-31-A
|
Variable(2)
|
$
|
1,901,186.25
|
July
25, 2037
|
|||
I-31-B
|
Variable(2)
|
$
|
1,901,186.25
|
July
25, 2037
|
|||
I-32-A
|
Variable(2)
|
$
|
1,826,721.25
|
July
25, 2037
|
|||
I-32-B
|
Variable(2)
|
$
|
1,826,721.25
|
July
25, 2037
|
|||
I-33-A
|
Variable(2)
|
$
|
1,755,327.50
|
July
25, 2037
|
|||
I-33-B
|
Variable(2)
|
$
|
1,755,327.50
|
July
25, 2037
|
|||
I-34-A
|
Variable(2)
|
$
|
1,686,877.50
|
July
25, 2037
|
|||
I-34-B
|
Variable(2)
|
$
|
1,686,877.50
|
July
25, 2037
|
|||
I-35-A
|
Variable(2)
|
$
|
1,621,236.25
|
July
25, 2037
|
|||
I-35-B
|
Variable(2)
|
$
|
1,621,236.25
|
July
25, 2037
|
|||
I-36-A
|
Variable(2)
|
$
|
1,558,266.25
|
July
25, 2037
|
|||
I-36-B
|
Variable(2)
|
$
|
1,558,266.25
|
July
25, 2037
|
|||
I-37-A
|
Variable(2)
|
$
|
1,497,910.00
|
July
25, 2037
|
|||
I-37-B
|
Variable(2)
|
$
|
1,497,910.00
|
July
25, 2037
|
|||
I-38-A
|
Variable(2)
|
$
|
1,440,020.00
|
July
25, 2037
|
|||
I-38-B
|
Variable(2)
|
$
|
1,440,020.00
|
July
25, 2037
|
|||
I-39-A
|
Variable(2)
|
$
|
1,384,495.00
|
July
25, 2037
|
|||
I-39-B
|
Variable(2)
|
$
|
1,384,495.00
|
July
25, 2037
|
|||
I-40-A
|
Variable(2)
|
$
|
1,331,230.00
|
July
25, 2037
|
|||
I-40-B
|
Variable(2)
|
$
|
1,331,230.00
|
July
25, 2037
|
|||
I-41-A
|
Variable(2)
|
$
|
1,280,130.00
|
July
25, 2037
|
|||
I-41-B
|
Variable(2)
|
$
|
1,280,130.00
|
July
25, 2037
|
|||
I-42-A
|
Variable(2)
|
$
|
1,231,102.50
|
July
25, 2037
|
|||
I-42-B
|
Variable(2)
|
$
|
1,231,102.50
|
July
25, 2037
|
|||
I-43-A
|
Variable(2)
|
$
|
1,184,062.50
|
July
25, 2037
|
|||
I-43-B
|
Variable(2)
|
$
|
1,184,062.50
|
July
25, 2037
|
|||
I-44-A
|
Variable(2)
|
$
|
1,138,925.00
|
July
25, 2037
|
|||
I-44-B
|
Variable(2)
|
$
|
1,138,925.00
|
July
25, 2037
|
|||
I-45-A
|
Variable(2)
|
$
|
1,095,606.25
|
July
25, 2037
|
|||
I-45-B
|
Variable(2)
|
$
|
1,095,606.25
|
July
25, 2037
|
|||
I-46-A
|
Variable(2)
|
$
|
1,054,033.75
|
July
25, 2037
|
|||
I-46-B
|
Variable(2)
|
$
|
1,054,033.75
|
July
25, 2037
|
|||
I-47-A
|
Variable(2)
|
$
|
1,014,128.75
|
July
25, 2037
|
|||
I-47-B
|
Variable(2)
|
$
|
1,014,128.75
|
July
25, 2037
|
|||
I-48-A
|
Variable(2)
|
$
|
975,823.75
|
July
25, 2037
|
|||
I-48-B
|
Variable(2)
|
$
|
975,823.75
|
July
25, 2037
|
|||
I-49-A
|
Variable(2)
|
$
|
939,051.25
|
July
25, 2037
|
|||
I-49-B
|
Variable(2)
|
$
|
939,051.25
|
July
25, 2037
|
|||
I-50-A
|
Variable(2)
|
$
|
903,898.75
|
July
25, 2037
|
|||
I-50-B
|
Variable(2)
|
$
|
903,898.75
|
July
25, 2037
|
|||
I-51-A
|
Variable(2)
|
$
|
869,992.50
|
July
25, 2037
|
|||
I-51-B
|
Variable(2)
|
$
|
869,992.50
|
July
25, 2037
|
|||
I-52-A
|
Variable(2)
|
$
|
984,020.00
|
July
25, 2037
|
|||
I-52-B
|
Variable(2)
|
$
|
984,020.00
|
July
25, 2037
|
|||
I-53-A
|
Variable(2)
|
$
|
1,169,007.50
|
July
25, 2037
|
|||
I-53-B
|
Variable(2)
|
$
|
1,169,007.50
|
July
25, 2037
|
|||
I-54-A
|
Variable(2)
|
$
|
752,202.50
|
July
25, 2037
|
|||
I-54-B
|
Variable(2)
|
$
|
752,202.50
|
July
25, 2037
|
|||
I-55-A
|
Variable(2)
|
$
|
724,487.50
|
July
25, 2037
|
|||
I-55-B
|
Variable(2)
|
$
|
724,487.50
|
July
25, 2037
|
|||
I-56-A
|
Variable(2)
|
$
|
697,857.50
|
July
25, 2037
|
|||
I-56-B
|
Variable(2)
|
$
|
697,857.50
|
July
25, 2037
|
|||
I-57-A
|
Variable(2)
|
$
|
672,265.00
|
July
25, 2037
|
|||
I-57-B
|
Variable(2)
|
$
|
672,265.00
|
July
25, 2037
|
|||
I-58-A
|
Variable(2)
|
$
|
647,668.75
|
July
25, 2037
|
|||
I-58-B
|
Variable(2)
|
$
|
647,668.75
|
July
25, 2037
|
|||
I-59-A
|
Variable(2)
|
$
|
624,021.25
|
July
25, 2037
|
|||
I-59-B
|
Variable(2)
|
$
|
624,021.25
|
July
25, 2037
|
|||
I-60-A
|
Variable(2)
|
$
|
601,275.00
|
July
25, 2037
|
|||
I-60-B
|
Variable(2)
|
$
|
601,275.00
|
July
25, 2037
|
|||
I-61-A
|
Variable(2)
|
$
|
579,431.25
|
July
25, 2037
|
|||
I-61-B
|
Variable(2)
|
$
|
579,431.25
|
July
25, 2037
|
|||
I-62-A
|
Variable(2)
|
$
|
558,430.00
|
July
25, 2037
|
|||
I-62-B
|
Variable(2)
|
$
|
558,430.00
|
July
25, 2037
|
|||
I-63-A
|
Variable(2)
|
$
|
538,236.25
|
July
25, 2037
|
|||
I-63-B
|
Variable(2)
|
$
|
538,236.25
|
July
25, 2037
|
|||
I-64-A
|
Variable(2)
|
$
|
518,817.50
|
July
25, 2037
|
|||
I-64-B
|
Variable(2)
|
$
|
518,817.50
|
July
25, 2037
|
|||
I-65-A
|
Variable(2)
|
$
|
500,143.75
|
July
25, 2037
|
|||
I-65-B
|
Variable(2)
|
$
|
500,143.75
|
July
25, 2037
|
|||
I-66-A
|
Variable(2)
|
$
|
14,206,067.50
|
July
25, 2037
|
|||
I-66-B
|
Variable(2)
|
$
|
14,206,067.50
|
July
25, 2037
|
|||
P
|
Variable(2)
|
$
|
100.00
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
Calculated
in accordance with the definition of “Uncertificated REMIC 1 Pass-Through
Rate” herein.
|
REMIC
2
As
provided herein, the Trustee shall elect to treat the segregated pool of assets
consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax
purposes, and such segregated pool of assets shall be designated as “REMIC
2.” The Class R-2 Interest shall evidence the sole class of “residual
interests” in REMIC 2 for purposes of the REMIC Provisions under federal income
tax law. The following table irrevocably sets forth the designation, the
Uncertificated REMIC 2 Pass-Through Rate, the initial Uncertificated Principal
Balance and, for purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 2
Regular Interests (as defined herein). None of the REMIC 2 Regular
Interests shall be certificated.
Designation
|
Uncertificated
REMIC 2
Pass-Through
Rate
|
Initial
Uncertificated
Principal
Balance
|
Latest
Possible
Maturity
Date(1)
|
||||
LTAA
|
Variable(2)
|
$
|
550,838,416.42
|
July
25, 2037
|
|||
LTIA1
|
Variable(2)
|
$
|
2,709,820.00
|
July
25, 2037
|
|||
LTIIA1
|
Variable(2)
|
$
|
748,480.00
|
July
25, 2037
|
|||
LTIIA2
|
Variable(2)
|
$
|
408,930.00
|
July
25, 2037
|
|||
LTIIA3
|
Variable(2)
|
$
|
396,330.00
|
July
25, 2037
|
|||
LTIIA4
|
Variable(2)
|
$
|
129,100.00
|
July
25, 2037
|
|||
LTM1
|
Variable(2)
|
$
|
210,780.00
|
July
25, 2037
|
|||
LTM2
|
Variable(2)
|
$
|
185,490.00
|
July
25, 2037
|
|||
LTM3
|
Variable(2)
|
$
|
109,610.00
|
July
25, 2037
|
|||
LTM4
|
Variable(2)
|
$
|
103,980.00
|
July
25, 2037
|
|||
LTM5
|
Variable(2)
|
$
|
95,550.00
|
July
25, 2037
|
|||
LTM6
|
Variable(2)
|
$
|
92,740.00
|
July
25, 2037
|
|||
LTM7
|
Variable(2)
|
$
|
87,120.00
|
July
25, 2037
|
|||
LTM8
|
Variable(2)
|
$
|
70,260.00
|
July
25, 2037
|
|||
LTM9
|
Variable(2)
|
$
|
53,400.00
|
July
25, 2037
|
|||
LTM10
|
Variable(2)
|
$
|
59,020.00
|
July
25, 2037
|
|||
LTZZ
|
Variable(2)
|
$
|
5,780,990.34
|
July
25, 2037
|
|||
LTP
|
Variable(2)
|
$
|
100.00
|
July
25, 2037
|
|||
LTIO
|
Variable(2)
|
$
|
(3)
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
Calculated
in accordance with the definition of “Uncertificated REMIC 2 Pass-Through
Rate” herein.
|
(3)
|
REMIC
2 Regular Interest LTIO will not have an Uncertificated Principal
Balance,
but will accrue interest on its Uncertificated Notional
Amount.
|
REMIC
3
As
provided herein, the Trustee shall elect to treat the segregated pool of assets
consisting of the REMIC 2 Regular Interests as a REMIC for federal income tax
purposes, and such segregated pool of assets shall be designated as “REMIC
3.” The Class R-3 Interest shall evidence the sole class of “residual
interests” in REMIC 3 for purposes of the REMIC Provisions.
The
following table irrevocably sets forth the designation, the Pass-Through Rate,
the Original Class Certificate Principal Balance for each Class of Certificates
comprising the interests representing “regular interests” in REMIC
3. For purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the “latest possible maturity date” for each Class of
Certificates that represents one or more of the “regular interests” in REMIC 3
created hereunder:
Designation
|
Original
Class Certificate
Principal
Balance
|
Pass-Through
Rate
|
Latest
Possible
Maturity
Date(1)
|
||||
Class
I-A-1
|
$ |
270,982,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
II-A-1
|
$ |
74,848,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
II-A-2
|
$ |
40,893,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
II-A-3
|
$ |
39,633,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
II-A-4
|
$ |
12,910,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-1
|
$ |
21,078,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-2
|
$ |
18,549,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-3
|
$ |
10,961,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-4
|
$ |
10,398,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-5
|
$ |
9,555,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-6
|
$ |
9,274,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-7
|
$ |
8,712,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-8
|
$ |
7,026,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-9
|
$ |
5,340,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
M-10
|
$ |
5,902,000.00
|
Variable(2)
|
July
25, 2037
|
|||
Class
C Interest
|
$ |
16,019,016.76
|
Variable(3)
|
July
25, 2037
|
|||
Class
P Interest
|
$ |
100.00
|
N/A(4)
|
July
25, 2037
|
|||
Class
IO Interest
|
(5)
|
(6)
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
Calculated
in accordance with the definition of “Pass-Through Rate”
herein.
|
(3)
|
The
Class C Interest will accrue interest at its variable Pass-Through
Rate on
the Notional Amount of the Class C Interest outstanding from time
to time
which shall equal the aggregate of the Uncertificated Principal Balance
of
the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest
LTP and
REMIC 2 Regular Interest LTIO). The Class C Interest will not
accrue interest on its Certificate Principal
Balance.
|
(4)
|
The
Class P Interest will not accrue
interest.
|
(5)
|
For
federal income tax purposes, the Class IO Interest will not have
a
Certificate Principal Balance, but will have a notional amount equal
to
the Uncertificated Notional Amount of REMIC 2 Regular Interest
LTIO.
|
(6)
|
For
federal income tax purposes, the Class IO Interest will not have
a
Pass-Through Rate, but will be entitled to 100% of the amounts distributed
on REMIC 2 Regular Interest
LTIO.
|
REMIC
4
As
provided herein, the Trustee shall make an election to treat the segregated
pool
of assets consisting of the Class C Interest as a REMIC for federal income
tax
purposes, and such segregated pool of assets will be designated as “REMIC
4.” The Class R-4 Interest represents the sole class of “residual
interests” in REMIC 4 for purposes of the REMIC Provisions.
The
following table sets forth (or describes) the designation, Pass-Through Rate
,
the Original Class Certificate Principal Balance and, for purposes of satisfying
Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity
date” for the indicated Class of Certificates that represents a “regular
interest” in REMIC 4 created hereunder:
Designation
|
Original
Class Certificate
Principal
Balance
|
Pass-Through
Rate
|
Latest
Possible
Maturity
Date(1)
|
||||
Class
C
|
$ |
16,019,016.76
|
Variable(2)
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
The
Class C Certificates will receive 100% of amounts received in respect
of
the Class C Interest.
|
REMIC
5
As
provided herein, the Trustee shall make an election to treat the segregated
pool
of assets consisting of the Class P Interest as a REMIC for federal income
tax
purposes, and such segregated pool of assets will be designated as “REMIC
5.” The Class R-5 Interest represents the sole class of “residual
interests” in REMIC 5 for purposes of the REMIC Provisions.
The
following table sets forth (or describes) the designation, Pass-Through Rate,
the Original Class Certificate Principal Balance and, for purposes of satisfying
Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity
date” for the indicated Class of Certificates that represents a “regular
interest” in REMIC 5 created hereunder:
Designation
|
Original
Class Certificate
Principal
Balance
|
Pass-Through
Rate
|
Latest
Possible
Maturity
Date(1)
|
Class
P
|
$
100.00
|
Variable(2)
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
The
Class P Certificates will receive 100% of amounts received in respect
of
the Class P Interest.
|
REMIC
6
As
provided herein, the Trustee shall make an election to treat the segregated
pool
of assets consisting of the Class IO Interest as a REMIC for federal income
tax
purposes, and such segregated pool of assets shall be designated as “REMIC
6.” The Class R-6 Interest represents the sole class of “residual
interests” in REMIC 6 for purposes of the REMIC Provisions.
The
following table irrevocably sets forth the designation, the Pass-Through Rate,
the Original Class Certificate Principal Balance and, for purposes of satisfying
Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity
date” for the indicated REMIC 6 Regular Interest, which will be
uncertificated.
Class
Designation
|
Original
Class Certificate
Principal
Balance
|
Pass-Through
Rate
|
Latest
Possible
Maturity
Date(1)
|
SWAP
IO
|
N/A
|
Variable(2)
|
July
25, 2037
|
________________
(1)
|
For
purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
Regulations.
|
(2)
|
REMIC
6 Regular Interest SWAP IO shall receive 100% of amounts received
in
respect of the Class IO
Interest.
|
ARTICLE
I
DEFINITIONS
SECTION
1.01
|
Defined
Terms.
|
Whenever
used in this Agreement or in the Preliminary Statement, the following words
and
phrases, unless the context otherwise requires, shall have the meanings
specified in this Article. Unless otherwise specified, all
calculations in respect of interest on the Floating Rate Certificates shall
be
made on the basis of the actual number of days elapsed and a 360-day year and
all calculations in respect of interest on the Class C Certificates and all
other calculations of interest described herein shall be made on the basis
of a
360-day year consisting of twelve 30-day months. The Class P
Certificates, the Class L Certificates and the Residual Certificates are not
entitled to distributions in respect of interest and, accordingly, will not
accrue interest.
“1933
Act”: The Securities Act of 1933, as amended.
“Accrual
Period”: With respect to the Floating Rate Certificates and each Distribution
Date, the period commencing on the preceding Distribution Date (or in the case
of the first such Accrual Period, commencing on the Closing Date) and ending
on
the day preceding such Distribution Date. With respect to the Class C
Certificates and each Distribution Date, the calendar month prior to the month
of such Distribution Date.
“Additional
Form 10-D Disclosure”: The meaning set forth in Section 4.05(a)(i).
“Additional
Form 10-K Disclosure”: The meaning set forth in Section 4.05(b)(i)
“Adjustable-Rate
Mortgage Loan”: A first lien Mortgage Loan which provides at any
period during the life of such loan for the adjustment of the Mortgage Rate
payable in respect thereto. The Adjustable-Rate Mortgage Loans are
identified as such on the Mortgage Loan Schedule.
“Adjusted
Net Maximum Mortgage Rate”: With respect to any Mortgage Loan (or the related
REO Property), as of any date of determination, a per annum rate of interest
equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the
Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first
day
of the month preceding the month in which the related Distribution Date occurs
minus the Servicing Fee Rate.
“Adjusted
Net Mortgage Rate”: With respect to any Mortgage Loan (or the related REO
Property), as of any date of determination, a per annum rate of interest equal
to the applicable Mortgage Rate for such Mortgage Loan as of the first day
of
the month preceding the month in which the related Distribution Date occurs
minus the Servicing Fee Rate.
“Adjustment
Date”: With respect to each Adjustable-Rate Mortgage Loan, each adjustment date,
on which the Mortgage Rate of such Mortgage Loan changes pursuant to the related
Mortgage Note. The first Adjustment Date following the Cut-off Date
as to each Adjustable-Rate Mortgage Loan is set forth in the Mortgage Loan
Schedule.
“Advance”:
As to any Mortgage Loan or REO Property, any advance made by the Servicer in
respect of any Distribution Date pursuant to Section 4.04.
“Advance
Facility”: As defined in Section 3.29 hereof.
“Advance
Facility Trustee”: As defined in Section 3.29 hereof.
“Advancing
Person”: As defined in Section 3.29 hereof.
“Advance
Reimbursement Amounts”: As defined in Section 3.29
hereof.
“Adverse
REMIC Event”: As defined in Section 9.01(f) hereof.
“Affiliate”:
With respect to any Person, any other Person controlling, controlled by or
under
common control with such Person. For purposes of this definition, “control”
means the power to direct the management and policies of a Person, directly
or
indirectly, whether through ownership of voting securities, by contract or
otherwise and “controlling” and “controlled” shall have meanings correlative to
the foregoing.
“Agreement”:
This Pooling and Servicing Agreement and all amendments hereof and supplements
hereto.
“Allocated
Realized Loss Amount”: With respect to any Distribution Date and any Class of
Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such
Class of Certificates on such Distribution Date and (ii) the amount of any
Allocated Realized Loss Amounts for such Class of Certificates remaining
undistributed from the previous Distribution Date minus any Subsequent
Recoveries applied to that Allocated Realized Loss Amount.
“Assignment”:
An assignment of Mortgage, notice of transfer or equivalent instrument, in
recordable form, which is sufficient under the laws of the jurisdiction wherein
the related Mortgaged Property is located to reflect or record the sale of
the
Mortgage.
“Assignment
Agreement”: The Assignment and Recognition Agreement, dated the
Closing Date, among the Seller, the Originator and the Depositor, pursuant
to
which certain of the Seller’s rights under the Master Agreement were assigned to
the Depositor, substantially in the form attached hereto as Exhibit
C.
“Attestation
Report”: As defined in Section 3.21.
“Available
Funds”: With respect to any Distribution Date, an amount equal to the
excess of (i) the sum of (a) the aggregate of the related Monthly Payments
received on the Mortgage Loans on or prior to the related Determination Date,
(b) Net Liquidation Proceeds, Insurance Proceeds, Subsequent Recoveries,
Principal Prepayments, proceeds from repurchases of and substitutions for such
Mortgage Loans and other unscheduled recoveries of principal and interest in
respect of the Mortgage Loans received during the related Prepayment Period,
(c)
the aggregate of any amounts received in respect of a related REO Property
withdrawn from any REO Account and deposited in the Collection Account for
such
Distribution Date, (d) the aggregate of any amounts deposited in the Collection
Account by the Servicer in respect of related Prepayment Interest Shortfalls
for
such Distribution Date, (e) the aggregate of any Advances made by the Servicer
for such Distribution Date in respect of the Mortgage Loans, (f) the aggregate
of any related advances made by the Trustee in respect of the Mortgage Loans
for
such Distribution Date pursuant to Section 7.02 and (g) the amount of any
Prepayment Charges collected by the Servicer in connection with the full or
partial prepayment of any of the Mortgage Loans and any Servicer Prepayment
Charge Payment Amount over (ii) the sum of (a) amounts reimbursable or payable
to the Servicer pursuant to Section 3.11(a), the Trustee pursuant to Section
3.11(b) or the Swap Provider, (b) amounts deposited in the Collection Account
or
the Distribution Account pursuant to clauses (a) through (g) above, as the
case
may be, in error, (c) the amount of any Prepayment Charges collected by the
Servicer in connection with the full or partial prepayment of any of the
Mortgage Loans and any Servicer Prepayment Charge Payment Amount, (d) any
indemnification payments or expense reimbursements made by the Trust Fund
pursuant to Section 6.03 or Section 8.05 and (e) any Net Swap Payment or Swap
Termination Payment owed to the Swap Provider (other than any Swap Termination
Payment owed to the Swap Provider resulting from a Swap Provider Trigger
Event).
“Balloon
Mortgage Loan”: A Mortgage Loan that provides for the payment of the
unamortized Stated Principal Balance of such Mortgage Loan in a single payment
at the maturity of such Mortgage Loan that is substantially greater than the
preceding monthly payment.
“Balloon
Payment”: A payment of the unamortized Stated Principal Balance of a
Mortgage Loan in a single payment at the maturity of such Mortgage Loan that
is
substantially greater than the preceding Monthly Payment.
“Bankruptcy
Code”: The Bankruptcy Reform Act of 1978 (Title 11 of the United States Code),
as amended.
“Base
Rate”: For any Distribution Date and the Floating Rate Certificates, the sum of
(i) LIBOR plus (ii) the related Certificate Margin.
“Basis
Risk Cap Agreement”: The basis risk cap agreement, dated the Closing Date,
between the Basis Risk Cap Provider and the Trustee, including any schedule,
confirmations, credit support annex or other credit support document relating
thereto, and attached hereto as Exhibit P.
“Basis
Risk Cap Amount”: The Basis Risk Cap Amount for any Class of the Floating Rate
Certificates is equal to (i) the aggregate amount received by the Trust from
the
Basis Risk Cap Agreement multiplied by (ii) a fraction equal to (a) the
Certificate Principal Balance of such Class immediately prior to the applicable
Distribution Date divided by (b) the aggregate Certificate Principal Balance
of
the Floating Rate Certificates immediately prior to the applicable Distribution
Date.
“Basis
Risk Cap Collateral Account”: As defined in Section
4.12.
“Basis
Risk Cap Credit Support Annex”: The credit support annex, dated the Closing
Date, between the Trustee and the Basis Risk Cap Provider, which is annexed
to
and forms part of the Basis Risk Cap Agreement.
“Basis
Risk Cap Provider”: The cap provider under the Basis Risk Cap
Agreement. Initially, the Basis Risk Cap Provider shall be The Bank
of New York.
“Book-Entry
Certificates”: Any of the Certificates that shall be registered in
the name of the Depository or its nominee, the ownership of which is reflected
on the books of the Depository or on the books of a Person maintaining an
account with the Depository (directly, as a “Depository Participant”, or
indirectly, as an indirect participant in accordance with the rules of the
Depository and as described in Section 5.02 hereof). On the Closing
Date, the Floating Rate Certificates shall be Book-Entry
Certificates.
“Business
Day”: Any day other than a Saturday, a Sunday or a day on which
banking or savings institutions in the State of Delaware, the State of Florida,
the State of New York, the State of Texas, the State of California, the
Commonwealth of Pennsylvania, or in the city in which the Corporate Trust Office
of the Trustee is located are authorized or obligated by law or executive order
to be closed.
“Cap
Account”: The account or accounts created and maintained pursuant to
Section 4.11. The Cap Account must be an Eligible
Account.
“Cap
Allocation Agreement”: The Cap Allocation Agreement, dated as of the
Closing Date among the Trustee, the Cap Trustee and the Seller, a form of which
is attached hereto as Exhibit G.
“Cap
Trust”: As defined in the Cap Allocation Agreement.
“Cap
Trustee”: Xxxxx Fargo Bank, N.A., a national banking association, not
in its individual capacity but solely in its capacity as Cap Trustee, and any
successor thereto.
“Certificate”: Any
Regular Certificate or Residual Certificate.
“Certificateholder”
or “Holder”: The Person in whose name a Certificate is registered in the
Certificate Register, except that a Disqualified Organization or non-U.S. Person
shall not be a Holder of a Residual Certificate for any purpose hereof and,
solely for the purposes of giving any consent pursuant to this Agreement, any
Certificate registered in the name of the Depositor or the Servicer or any
Affiliate thereof shall be deemed not to be outstanding and the Voting Rights
to
which it is entitled shall not be taken into account in determining whether
the
requisite percentage of Voting Rights necessary to effect any such consent
has
been obtained, except as otherwise provided in Section 11.01. The Trustee and
the NIMS Insurer may conclusively rely upon a certificate of the Depositor
or
the Servicer in determining whether a Certificate is held by an Affiliate
thereof. All references herein to “Holders” or “Certificateholders” shall
reflect the rights of Certificate Owners as they may indirectly exercise such
rights through the Depository and participating members thereof, except as
otherwise specified herein; provided, however, that the Trustee and the NIMS
Insurer shall be required to recognize as a “Holder” or “Certificateholder” only
the Person in whose name a Certificate is registered in the Certificate
Register.
“Certificate
Margin”: With respect to each Class of Floating Rate Certificates and
for purposes of the Marker Rate and the Maximum Uncertificated Accrued Interest
Deferral Amount, the specified REMIC 2 Regular Interest, as
follows:
Class
|
REMIC
2
Regular
Interest
|
Certificate
Margin
|
|
(1)
(%)
|
(2)
(%)
|
||
I-A-1
|
LTIA1
|
0.170%
|
0.340%
|
XX-X-0
|
XXXXX0
|
0.070%
|
0.140%
|
XX-X-0
|
XXXXX0
|
0.130%
|
0.260%
|
XX-X-0
|
XXXXX0
|
0.180%
|
0.360%
|
XX-X-0
|
XXXXX0
|
0.250%
|
0.500%
|
M-1
|
LTM1
|
0.260%
|
0.390%
|
M-2
|
LTM2
|
0.270%
|
0.405%
|
M-3
|
LTM3
|
0.280%
|
0.420%
|
M-4
|
LTM4
|
0.370%
|
0.555%
|
M-5
|
LTM5
|
0.430%
|
0.645%
|
M-6
|
LTM6
|
0.680%
|
1.020%
|
M-7
|
LTM7
|
1.550%
|
2.325%
|
M-8
|
LTM8
|
2.000%
|
3.000%
|
M-9
|
LTM9
|
2.500%
|
3.750%
|
M-10
|
LTM10
|
2.500%
|
3.750%
|
__________
|
(1)
|
For
the Accrual Period for each Distribution Date on or prior to the
Optional
Termination Date.
|
|
(2)
|
For
each other Accrual Period.
|
“Certificate
Owner”: With respect to each Book-Entry Certificate, any beneficial owner
thereof.
“Certificate
Principal Balance”: With respect to any Class of Regular Certificates (other
than the Class C Certificates) immediately prior to any Distribution Date,
will
be equal to the Initial Certificate Principal Balance thereof plus any
Subsequent Recoveries added to the Certificate Principal Balance of such
Certificate pursuant to Section 4.01, reduced by the sum of all amounts actually
distributed in respect of principal of such Class and, in the case of a
Mezzanine Certificate, Realized Losses allocated thereto on all prior
Distribution Dates. With respect to the Class C Certificates as of any date
of
determination, an amount equal to the excess, if any, of (A) the then aggregate
Uncertificated Principal Balance of the REMIC 3 Regular Interests over (B)
the
then aggregate Certificate Principal Balance of the Floating Rate Certificates
and the Class P Certificates then outstanding.
“Certificate
Register” and “Certificate Registrar”: The register maintained and registrar
appointed pursuant to Section 5.02 hereof.
“Certification
Parties”: As defined in Section 4.05.
“Certifying
Person”: As defined in Section 4.05.
“Class”:
Collectively, Certificates which have the same priority of payment and bear
the
same class designation and the form of which is identical except for variation
in the Percentage Interest evidenced thereby.
“Class
A
Certificates”: Any one of the Class I-A-1 Certificates, Class II-A-1
Certificates, Class II-A-2 Certificates, Class II-A-3 Certificates or Class
II-A-4 Certificates.
“Class
C
Certificates”: Any one of the Class C Certificates executed by the Trustee, and
authenticated and delivered by the Certificate Registrar, substantially in
the
form annexed hereto as Exhibit A-17, representing (i) a Regular Interest in
REMIC 4, (ii) the obligation to pay Net WAC Rate Carryover Amounts and Swap
Termination Payments and (iii) the right to receive the Class IO Distribution
Amount.
“Class
C
Interest”: An uncertificated interest in the Trust Fund held by the Trustee on
behalf of the Holders of the Class C Certificates, evidencing a REMIC Regular
Interest in REMIC 3.
“Class
I-A-1 Certificate”: Any one of the Class I-A-1 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-1, representing (i) a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
II-A-1 Certificate”: Any one of the Class II-A-1 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-2, representing (i) a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
II-A-2 Certificate”: Any one of the Class II-A-2 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-3, representing (i) a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
II-A-3 Certificate”: Any one of the Class II-A-3 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-4, representing (i) a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
II-A-4 Certificate”: Any one of the Class II-A-4 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-5, representing (i) a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
L
Certificate”: Any one of the Class L Certificates executed by the Trustee, and
authenticated and delivered by the Certificate Registrar, substantially in
the
form annexed hereto as Exhibit A-18.
“Class
M-1 Certificate”: Any one of the Class M-1 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-6, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-1 Principal Distribution Amount: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date) and (ii) the Certificate Principal Balance of the
Class M-1 Certificates immediately prior to such Distribution Date over (y)
the
lesser of (A) the product of (i) 63.80% and (ii) the aggregate Stated Principal
Balance of the Mortgage Loans as of the last day of the related Due Period
(after giving effect to scheduled payments of principal due during the related
Due Period, to the extent received or advanced, and unscheduled collections
of
principal received during the related Prepayment Period) and (B) the aggregate
Stated Principal Balance of the Mortgage Loans as of the last day of the related
Due Period (after giving effect to scheduled payments of principal due during
the related Due Period, to the extent received or advanced, and unscheduled
collections of principal received during the related Prepayment Period) minus
the Overcollateralization Floor.
“Class
M-2 Certificate”: Any one of the Class M-2 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-7, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-2 Principal Distribution Amount: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date) and (iii) the
Certificate Principal Balance of the Class M-2 Certificates immediately prior
to
such Distribution Date over (y) the lesser of (A) the product of (i) 70.40%
and
(ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the
last
day of the related Due Period (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans
as
of the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) minus the Overcollateralization Floor.
“Class
M-3 Certificate”: Any one of the Class M-3 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-8, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-3 Principal Distribution Amount: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date) and (iv) the Certificate Principal Balance of the Class M-3 Certificates
immediately prior to such Distribution Date over (y) the lesser of (A) the
product of (i) 74.30% and (ii) the aggregate Stated Principal Balance of the
Mortgage Loans as of the last day of the related Due Period (after giving effect
to scheduled payments of principal due during the related Due Period, to the
extent received or advanced, and unscheduled collections of principal received
during the related Prepayment Period) and (B) the aggregate Stated Principal
Balance of the Mortgage Loans as of the last day of the related Due Period
(after giving effect to scheduled payments of principal due during the related
Due Period, to the extent received or advanced, and unscheduled collections
of
principal received during the related Prepayment Period) minus the
Overcollateralization Floor.
“Class
M-4 Certificate”: Any one of the Class M-4 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-9, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-4 Principal Distribution Amount”: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date) and (v) the Certificate Principal
Balance of the Class M-4 Certificates immediately prior to such Distribution
Date over (y) the lesser of (A) the product of (i) 78.00% and (ii) the aggregate
Stated Principal Balance of the Mortgage Loans as of the last day of the related
Due Period (after giving effect to scheduled payments of principal due during
the related Due Period, to the extent received or advanced, and unscheduled
collections of principal received during the related Prepayment Period) and
(B)
the aggregate Stated Principal Balance of the Mortgage Loans as of the last
day
of the related Due Period (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) minus the Overcollateralization Floor.
“Class
M-5 Certificate”: Any one of the Class M-5 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-10, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-5 Principal Distribution Amount”: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date), (v) the Certificate Principal
Balance of the Class M-4 Certificates (after taking into account the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date) and (vi) the Certificate Principal Balance of the Class M-5 Certificates
immediately prior to such Distribution Date over (y) the lesser of (A) the
product of (i) 81.40% and (ii) the aggregate Stated Principal Balance of the
Mortgage Loans as of the last day of the related Due Period (after giving effect
to scheduled payments of principal due during the related Due Period, to the
extent received or advanced, and unscheduled collections of principal received
during the related Prepayment Period) and (B) the aggregate Stated Principal
Balance of the Mortgage Loans as of the last day of the related Due Period
(after giving effect to scheduled payments of principal due during the related
Due Period, to the extent received or advanced, and unscheduled collections
of
principal received during the related Prepayment Period) minus the
Overcollateralization Floor.
“Class
M-6 Certificate”: Any one of the Class M-6 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-11, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-6 Principal Distribution Amount”: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Class A Principal Distribution
Amount on such Distribution Date), (ii) the Certificate Principal Balance of
the
Class M-1 Certificates (after taking into account the distribution of the Class
M-1 Principal Distribution Amount on such Distribution Date), (iii) the
Certificate Principal Balance of the Class M-2 Certificates (after taking into
account the distribution of the Class M-2 Principal Distribution Amount on
such
Distribution Date), (iv) the Certificate Principal Balance of the Class M-3
Certificates (after taking into account the distribution of the Class M-3
Principal Distribution Amount on such Distribution Date), (v) the Certificate
Principal Balance of the Class M-4 Certificates (after taking into account
the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the distribution of the Class M-5 Principal
Distribution Amount on such Distribution Date) and (vii) the Certificate
Principal Balance of the Class M-6 Certificates immediately prior to such
Distribution Date over (y) the lesser of (A) the product of (i) 84.70% and
(ii)
the aggregate Stated Principal Balance of the Mortgage Loans as of the last
day
of the related Due Period (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans
as
of the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) minus the Overcollateralization Floor.
“Class
M-7 Certificate”: Any one of the Class M-7 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-12, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-7 Principal Distribution Amount”: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date), (v) the Certificate Principal
Balance of the Class M-4 Certificates (after taking into account the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the distribution of the Class M-5 Principal
Distribution Amount on such Distribution Date), (vii) the Certificate Principal
Balance of the Class M-6 Certificates (after taking into account the
distribution of the Class M-6 Principal Distribution Amount on such Distribution
Date) and (viii) the Certificate Principal Balance of the Class M-7 Certificates
immediately prior to such Distribution Date over (y) the lesser of (A) the
product of (i) 87.80% and (ii) the aggregate Stated Principal Balance of the
Mortgage Loans as of the last day of the related Due Period (after giving effect
to scheduled payments of principal due during the related Due Period, to the
extent received or advanced, and unscheduled collections of principal received
during the related Prepayment Period) and (B) the aggregate Stated Principal
Balance of the Mortgage Loans as of the last day of the related Due Period
(after giving effect to scheduled payments of principal due during the related
Due Period, to the extent received or advanced, and unscheduled collections
of
principal received during the related Prepayment Period) minus the
Overcollateralization Floor.
“Class
M-8 Certificate”: Any one of the Class M-8 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-13, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-8 Principal Distribution Amount”: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date), (v) the Certificate Principal
Balance of the Class M-4 Certificates (after taking into account the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the distribution of the Class M-5 Principal
Distribution Amount on such Distribution Date), (vii) the Certificate Principal
Balance of the Class M-6 Certificates (after taking into account the
distribution of the Class M-6 Principal Distribution Amount on such Distribution
Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
(after taking into account the distribution of the Class M-7 Principal
Distribution Amount on such Distribution Date) and (ix) the Certificate
Principal Balance of the Class M-8 Certificates immediately prior to such
Distribution Date over (y) the lesser of (A) the product of (i) 90.30% and
(ii)
the aggregate Stated Principal Balance of the Mortgage Loans as of the last
day
of the related Due Period (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans
as
of the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) minus the Overcollateralization Floor.
“Class
M-9 Certificate”: Any one of the Class M-9 Certificates executed by the Trustee,
and authenticated and delivered by the Certificate Registrar, substantially
in
the form annexed hereto as Exhibit A-14, representing (i) a Regular Interest
in
REMIC 3, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii)
the obligation to pay the Class IO Distribution Amount.
“Class
M-9 Principal Distribution Amount”: The excess of (x) the sum of (i) the
Certificate Principal Balance of the Class A Certificates (after taking into
account the distribution of the Senior Principal Distribution Amount on such
Distribution Date), (ii) the Certificate Principal Balance of the Class M-1
Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date), (v) the Certificate Principal
Balance of the Class M-4 Certificates (after taking into account the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the distribution of the Class M-5 Principal
Distribution Amount on such Distribution Date), (vii) the Certificate Principal
Balance of the Class M-6 Certificates (after taking into account the
distribution of the Class M-6 Principal Distribution Amount on such Distribution
Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
(after taking into account the distribution of the Class M-7 Principal
Distribution Amount on such Distribution Date), (ix) the Certificate Principal
Balance of the Class M-8 Certificates (after taking into account the
distribution of the Class M-8 Principal Distribution Amount on such Distribution
Date) and (x) the Certificate Principal Balance of the Class M-9 Certificates
immediately prior to such Distribution Date over (y) the lesser of (A) the
product of (i) 92.20% and (ii) the aggregate Stated Principal Balance of the
Mortgage Loans as of the last day of the related Due Period (after giving effect
to scheduled payments of principal due during the related Due Period, to the
extent received or advanced, and unscheduled collections of principal received
during the related Prepayment Period) and (B) the aggregate Stated Principal
Balance of the Mortgage Loans as of the last day of the related Due Period
(after giving effect to scheduled payments of principal due during the related
Due Period, to the extent received or advanced, and unscheduled collections
of
principal received during the related Prepayment Period) minus the
Overcollateralization Floor.
“Class
M-10 Certificate”: Any one of the Class M-10 Certificates executed by the
Trustee, and authenticated and delivered by the Certificate Registrar,
substantially in the form annexed hereto as Exhibit A-15, representing (i)
a
Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
Carryover Amount and (iii) the obligation to pay the Class IO Distribution
Amount.
“Class
M-10 Principal Distribution Amount: The excess of (x) the sum of (i) the
aggregate Certificate Principal Balance of the Class A Certificates (after
taking into account the distribution of the Senior Principal Distribution Amount
on such Distribution Date), (ii) the Certificate Principal Balance of the Class
M-1 Certificates (after taking into account the distribution of the Class M-1
Principal Distribution Amount on such Distribution Date), (iii) the Certificate
Principal Balance of the Class M-2 Certificates (after taking into account
the
distribution of the Class M-2 Principal Distribution Amount on such Distribution
Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
(after taking into account the distribution of the Class M-3 Principal
Distribution Amount on such Distribution Date), (v) the Certificate Principal
Balance of the Class M-4 Certificates (after taking into account the
distribution of the Class M-4 Principal Distribution Amount on such Distribution
Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
(after taking into account the distribution of the Class M-5 Principal
Distribution Amount on such Distribution Date), (vii) the Certificate Principal
Balance of the Class M-6 Certificates (after taking into account the
distribution of the Class M-6 Principal Distribution Amount on such Distribution
Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
(after taking into account the distribution of the Class M-7 Principal
Distribution Amount on such Distribution Date), (ix) the Certificate Principal
Balance of the Class M-8 Certificates (after taking into account the
distribution of the Class M-8 Principal Distribution Amount on such Distribution
Date), (x) the Certificate Principal Balance of the Class M-9 Certificates
(after taking into account the distribution of the Class M-9 Principal
Distribution Amount on such Distribution Date) and (xi) the Certificate
Principal Balance of the Class M-10 Certificates immediately prior to such
Distribution Date over (y) the lesser of (A) the product of (i) 94.30% and
(ii)
the aggregate Stated Principal Balance of the Mortgage Loans as of the last
day
of the related Due Period (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans
as
of the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) minus the Overcollateralization Floor.
“Class
P
Certificate”: Any one of the Class P Certificates executed by the Trustee, and
authenticated and delivered by the Certificate Registrar, substantially in
the
form annexed hereto as Exhibit A-17, representing a Regular Interest in REMIC
5.
“Class
P
Interest”: An uncertificated interest in the Trust Fund held by the Trustee on
behalf of the Holders of the Class P Certificates, evidencing a Regular Interest
in REMIC 3 for purposes of the REMIC Provisions.
“Class
R
Certificate”: The Class R Certificate executed by the Trustee, and authenticated
and delivered by the Certificate Registrar, substantially in the form annexed
hereto as Exhibit A-19 and evidencing the ownership of the Class R-1 Interest,
the Class R-2 Interest and the Class R-3 Interest.
“Class
R-1 Interest”: The uncertificated Residual Interest in REMIC
1.
“Class
R-2 Interest”: The uncertificated Residual Interest in REMIC
2.
“Class
R-3 Interest”: The uncertificated Residual Interest in REMIC
3.
“Class
R-4 Interest”: The uncertificated Residual Interest in REMIC
4.
“Class
R-5 Interest”: The uncertificated Residual Interest in REMIC
5.
“Class
R-6 Interest”: The uncertificated Residual Interest in REMIC
6.
“Class
R-X Certificate”: The Class R-X Certificate executed by the Trustee, and
authenticated and delivered by the Certificate Registrar, substantially in
the
form annexed hereto as Exhibit A-20 and evidencing the ownership of the Class
R-4 Interest, the Class R-5 Interest and the Class R-6 Interest.
“Close
of
Business”: As used herein, with respect to any Business Day, 5:00 p.m. (New York
time).
“Closing
Date”: July 10, 2007.
“Code”: The
Internal Revenue Code of 1986, as amended.
“Collection
Account”: The account or accounts created and maintained by the Servicer
pursuant to Section 3.10(a), which shall be titled “Option One Mortgage
Corporation, as Servicer for Xxxxx Fargo Bank, N.A., as Trustee, in trust for
registered Holders of Soundview Home Loan Trust 2007-OPT2, Asset-Backed
Certificates, Series 2007-OPT2,” which must be an Eligible Account.
“Compensating
Interest”: As defined in Section 3.24 hereof.
“Corporate
Trust Office”: The principal corporate trust office of the Trustee at
which at any particular time its corporate trust business in connection with
this Agreement shall be administered, which office at the date of the execution
of this instrument is located at Xxxxx Xxxxxx xxx Xxxxxxxxx Xxxxxx, Xxxxxxxxxxx,
Xxxxxxxxx 00000-0000, Attention: Corporate Trust Services - Soundview Home
Loan
Series 2007-OPT2, or at such other address as the Trustee may designate from
time to time by notice to the Certificateholders, the Depositor, the Servicer
and the Originator.
“Corresponding
Certificate”: With respect to each REMIC 2 Regular Interest set forth below, the
corresponding Regular Certificate set forth in the table below:
REMIC
2 Regular Interest
|
Regular
Certificate
|
LTIA1
|
Class
I-A-1
|
LTIIA1
|
Class
II-A-1
|
LTIIA2
|
Class
II-A-2
|
LTIIA3
|
Class
II-A-3
|
LTIIA4
|
Class
II-A-4
|
LTM1
|
Class
M-1
|
LTM2
|
Class
M-2
|
LTM3
|
Class
M-3
|
LTM4
|
Class
M-4
|
LTM5
|
Class
M-5
|
LTM6
|
Class
M-6
|
LTM7
|
Class
M-7
|
LTM8
|
Class
M-8
|
LTM9
|
Class
M-9
|
LTM10
|
Class
M-10
|
LTP
|
Class
P
|
“Credit
Enhancement Percentage”: For any Distribution Date, the percentage
equivalent of a fraction, the numerator of which is the aggregate Certificate
Principal Balance of the Mezzanine Certificates and the Class C Certificates,
and the denominator of which is the aggregate Stated Principal Balance of the
Mortgage Loans, calculated prior to taking into account payments of principal
on
the Mortgage Loans and distribution of the Group I Principal Distribution Amount
and the Group II Principal Distribution Amount to the Holders of the
Certificates then entitled to distributions of principal on such Distribution
Date.
“Cumulative
Loss Percentage”: With respect to any Distribution Date, the
percentage equivalent of a fraction, the numerator of which is the aggregate
amount of Realized Losses incurred from the Cut-off Date to the last day of
the
preceding calendar month and the denominator of which is the aggregate Stated
Principal Balance of the Mortgage Loans as of the Cut-off Date.
“Custodian”:
Xxxxx Fargo Bank, N.A., as custodian of the Mortgage Files, or any successor
thereto.
“Cut-off
Date”: With respect to each Mortgage Loan, July 1, 2007. With respect
to all Qualified Substitute Mortgage Loans, their respective dates of
substitution.
“Cut-off
Date Principal Balance”: With respect to any Mortgage Loan, the
unpaid Stated Principal Balance thereof as of the Cut-off Date of such Mortgage
Loan (or as of the applicable date of substitution with respect to a Qualified
Substitute Mortgage Loan), after giving effect to scheduled payments due on
or
before the Cut-off Date, whether or not received.
“Debt
Service Reduction”: With respect to any Mortgage Loan, a reduction in the
scheduled Monthly Payment for such Mortgage Loan by a court of competent
jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction
resulting from a Deficient Valuation.
“Deficient
Valuation”: With respect to any Mortgage Loan, a valuation of the related
Mortgaged Property by a court of competent jurisdiction in an amount less than
the then outstanding Stated Principal Balance of the Mortgage Loan, which
valuation results from a proceeding initiated under the Bankruptcy
Code.
“Definitive
Certificates”: As defined in Section 5.02(c) hereof.
“Deleted
Mortgage Loan”: A Mortgage Loan replaced or to be replaced by one or more
Qualified Substitute Mortgage Loans.
“Delinquency
Servicer Termination Trigger”: A Delinquency Servicer Termination Trigger will
have occurred with respect to the Certificates on a Distribution Date if the
Three Month Rolling Delinquency Percentage for the Mortgage Loans exceeds
25.00%.
“Delinquency
Percentage”: For any Distribution Date, the percentage obtained by
dividing (x) the aggregate Stated Principal Balance of Mortgage Loans Delinquent
60 days or more (including Mortgage Loans that are REO Properties, in
foreclosure or in bankruptcy and that are also Delinquent 60 days or more)
by
(y) the aggregate Stated Principal Balance of the Mortgage Loans, in each case,
as of the last day of the previous calendar month, except in the case of
liquidated Mortgage Loans, which shall be as of the last day of the related
Prepayment Period.
“Delinquent”:
With respect to any Mortgage Loan and related Monthly Payment, the Monthly
Payment due on a Due Date which is not made by the Close of Business on the
next
scheduled Due Date for such Mortgage Loan. For example, a Mortgage Loan is
60 or
more days Delinquent if the Monthly Payment due on a Due Date is not made by
the
Close of Business on the second scheduled Due Date after such Due
Date.
“Depositor”:
Financial Asset Securities Corp., a Delaware corporation, or any successor
in
interest.
“Depository”:
The initial Depository shall be The Depository Trust Company, whose nominee
is
Cede & Co., or any other organization registered as a “clearing agency”
pursuant to Section 17A of the Exchange Act. The Depository shall initially
be
the registered Holder of the Book-Entry Certificates. The Depository shall
at
all times be a “clearing corporation” as defined in Section 8-102(3) of the
Uniform Commercial Code of the State of New York.
“Depository
Institution”: Any depository institution or trust company, including the
Trustee, that (a) is incorporated under the laws of the United States of America
or any State thereof, (b) is subject to supervision and examination by federal
or state banking authorities and (c) has, or is a subsidiary of a holding
company that has, an outstanding unsecured commercial paper or other short-term
unsecured debt obligations that are rated in the highest rating category (P-1
by
Xxxxx’x and A-1 by S&P) by the Rating Agencies (or a comparable rating if
S&P and Xxxxx’x are not the Rating Agencies).
“Depository
Participant”: A broker, dealer, bank or other financial institution or other
person for whom from time to time a Depository effects book-entry transfers
and
pledges of securities deposited with the Depository.
“Determination
Date”: With respect to any Distribution Date, the 15th day of
the
calendar month in which such Distribution Date occurs or, if such 15th day is
not a
Business Day, the Business Day immediately preceding such 15th day.
“Directly
Operate”: With respect to any REO Property, the furnishing or rendering of
services to the tenants thereof, the management or operation of such REO
Property, the holding of such REO Property primarily for sale to customers,
the
performance of any construction work thereon or any use of such REO Property
in
a trade or business conducted by any REMIC other than through an Independent
Contractor; provided, however, that the Trustee (or the Servicer on behalf
of
the Trustee) shall not be considered to Directly Operate an REO Property solely
because the Trustee (or the Servicer on behalf of the Trustee) establishes
rental terms, chooses tenants, enters into or renews leases, deals with taxes
and insurance, or makes decisions as to repairs or capital expenditures with
respect to such REO Property.
“Disqualified
Organization”: A “disqualified organization” under Section 860E of the Code,
which as of the Closing Date is any of: (i) the United States, any state or
political subdivision thereof, any foreign government, any international
organization, or any agency or instrumentality of any of the foregoing, (ii)
any
organization (other than a cooperative described in Section 521 of the Code)
which is exempt from the tax imposed by Chapter 1 of the Code unless such
organization is subject to the tax imposed by Section 511 of the Code, (iii)
any
organization described in Section 1381(a)(2)(C) of the Code or (iv) an “electing
large partnership” within the meaning of Section 775 of the Code. A corporation
will not be treated as an instrumentality of the United States or of any state
or political subdivision thereof, if all of its activities are subject to tax
and, a majority of its board of directors is not selected by a governmental
unit. The term “United States”, “state” and “international organizations” shall
have the meanings set forth in Section 7701 of the Code.
“Distribution
Account”: The trust account or accounts created and maintained by the Trustee
pursuant to Section 3.10(b) which shall be titled “Distribution Account, Xxxxx
Fargo Bank, N.A., as Trustee, in trust for the registered Certificateholders
of
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series
2007-OPT2” and which must be an Eligible Account.
“Distribution
Date”: The 25th
day of any calendar month, or if such 25th day is
not a
Business Day, the Business Day immediately following such 25th day, commencing
in
August 2007.
“Due
Date”: With respect to each Mortgage Loan and any Distribution Date, the first
day of the calendar month in which such Distribution Date occurs on which the
Monthly Payment for such Mortgage Loan was due (or, in the case of any Mortgage
Loan under the terms of which the Monthly Payment for such Mortgage Loan was
due
on a day other than the first day of the calendar month in which such
Distribution Date occurs, the day during the related Due Period on which such
Monthly Payment was due), exclusive of any days of grace.
“Due
Period”: With respect to any Distribution Date, the period commencing on the
second day of the month preceding the month in which such Distribution Date
occurs and ending on the first day of the month in which such Distribution
Date
occurs.
“Eligible
Account”: Any of (i) an account or accounts maintained with a
Depository Institution; provided, that following a downgrade, withdrawal, or
suspension of any such Depository Institution’s rating below A-2 by S&P,
such account shall promptly (and in any case within not more than 30 calendar
days) be moved to one or more segregated trust accounts in the trust department
of such institution, or to an account at another institution that complies
with
the above requirements, (ii) a trust account or accounts maintained with the
corporate trust department of a federal or state chartered depository
institution or trust company acting in its fiduciary capacity or (iii) an
account otherwise acceptable to each Rating Agency without reduction or
withdrawal of their then current ratings of the Certificates as evidenced by
a
letter from each Rating Agency to the Trustee. Eligible Accounts may
bear interest. Notwithstanding Section 11.01, this Agreement may be
amended to reduce the rating requirements in clause (i) above, without the
consent of any of the Certificateholders, provided that the Person requesting
such amendment obtains a letter from each Rating Agency stating that such
amendment would not result in the downgrading or withdrawal of the respective
ratings then assigned to the Certificates.
“ERISA”:
The Employee Retirement Income Security Act of 1974, as amended.
“Escrow
Account”: The account or accounts created and maintained pursuant to Section
3.09.
“Escrow
Payments”: The amounts constituting ground rents, taxes, assessments, water
rates, fire and hazard insurance premiums and other payments required to be
escrowed by the Mortgagor with the mortgagee pursuant to any Mortgage
Loan.
“Estimated
Swap Termination Payment”: As defined in the Interest Rate Swap
Agreement.
“Excess
Overcollateralized Amount”: With respect to the Floating Rate Certificates and
any Distribution Date, the excess, if any, of the sum of (i) the
Overcollateralized Amount for such Distribution Date, assuming that 100% of
the
Principal Remittance Amount is applied as a principal payment on such
Distribution Date and (ii) any amounts received under the Interest Rate Swap
Agreement or the Interest Rate Cap Agreement for such purpose over (iii) the
Overcollateralization Target Amount for such Distribution Date.
“Exchange
Act”: The Securities Exchange Act of 1934, as amended, and the rules and
regulations thereunder.
“Extra
Principal Distribution Amount”: With respect to any Distribution Date, the
lesser of (x) the Monthly Interest Distributable Amount distributable on the
Class C Certificates on such Distribution Date as reduced by Realized Losses
allocated thereto with respect to such Distribution Date pursuant to Section
4.08 and (y) the Overcollateralization Deficiency Amount for such Distribution
Date.
“Xxxxxx
Xxx”: Federal National Mortgage Association or any successor
thereto.
“FDIC”:
Federal Deposit Insurance Corporation or any successor thereto.
“Final
Recovery Determination”: With respect to any defaulted Mortgage Loan or any REO
Property (other than a Mortgage Loan or REO Property purchased by the
Originator, the Seller or the Servicer pursuant to or as contemplated by Section
2.03, Section 3.16(c) or Section 10.01), a determination made by the Servicer
that all Insurance Proceeds, Liquidation Proceeds and other payments or
recoveries which the Servicer, in its reasonable good faith judgment, expects
to
be finally recoverable in respect thereof have been so recovered. The Servicer
shall maintain records, prepared by a Servicing Officer, of each Final Recovery
Determination made thereby.
“Fixed-Rate
Mortgage Loan”: A first lien Mortgage Loan which provides for a fixed
Mortgage Rate payable with respect thereto. The Fixed-Rate Mortgage
Loans are identified as such on the Mortgage Loan Schedule.
“Fixed
Swap Payment”: With respect to any Distribution Date, an amount equal to the
related amount set forth in the Interest Rate Swap Agreement.
“Floating
Rate Certificates”: The Class A Certificates and the Mezzanine
Certificates.
“Floating
Swap Payment”: With respect to any Distribution Date, an amount equal
to the product of (i) Swap LIBOR, (ii) the related Notional Amount (as defined
in the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the
numerator of which is the actual number of days elapsed from and including
the
previous Floating Rate Payer Period End Date (as defined in the Interest Rate
Swap Agreement) to but excluding the current Floating Rate Payer Period End
Date
(or, for the first Distribution Date, the actual number of days elapsed from
the
Closing Date to but excluding the first Floating Rate Payer Period End Date),
and the denominator of which is 360.
“Form
8-K
Disclosure Information”: The meaning set forth in 4.05(c)(i)
“Formula
Rate”: For any Distribution Date and any Class of the Floating Rate
Certificates, the lesser of (i) the Base Rate and (ii) the Maximum Cap
Rate.
“Xxxxxxx
Mac”: The Federal Home Loan Mortgage Corporation, or any successor
thereto.
“Gross
Margin”: With respect to each Adjustable-Rate Mortgage Loan, the fixed
percentage set forth in the related Mortgage Note that is added to the Index
on
each Adjustment Date in accordance with the terms of the related Mortgage Note
used to determine the Mortgage Rate for such Mortgage Loan.
“Group
I
Allocation Percentage”: With respect to any Distribution Date, the
percentage equivalent of a fraction, the numerator of which is (i) the Group
I
Principal Remittance Amount for such Distribution Date, and the denominator
of
which is (ii) the Principal Remittance Amount for such Distribution
Date.
“Group
I
Basic Principal Distribution Amount”: With respect to any Distribution Date, the
excess of (i) the Group I Principal Remittance Amount for such Distribution
Date
over (ii)(a) the Overcollateralization Release Amount, if any, for such
Distribution Date multiplied by (b) the Group I Allocation
Percentage.
“Group
I
Certificates”: The Class I-A-1 Certificates.
“Group
I
Interest Remittance Amount”: With respect to any Distribution Date, that portion
of the Available Funds for such Distribution Date attributable to interest
received or advanced with respect to the Group I Mortgage Loans.
“Group
I
Mortgage Loan”: A Mortgage Loan assigned to Loan Group I with a Stated Principal
Balance at origination that conforms to Xxxxxx Xxx and Xxxxxxx Mac loan
limits. The aggregate Stated Principal Balance of the Group I
Mortgage Loans as of the Cut-off Date is equal to $346,745,441.41.
“Group
I
Principal Distribution Amount”: With respect to any Distribution Date, that
portion of the Available Funds equal to the sum of (i) the Group I Basic
Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra
Principal Distribution Amount for such Distribution Date multiplied by (b)
the
Group I Allocation Percentage.
“Group
I
Principal Remittance Amount”: With respect to any Distribution Date, that
portion of Available Funds equal to the sum of (i) each scheduled payment of
principal collected or advanced on the Group I Mortgage Loans by the Servicer
that were due during the related Due Period, (ii) the principal portion of
all
full Principal Prepayments of the Group I Mortgage Loans applied by the Servicer
during the related Prepayment Period, (iii) the principal portion of all related
partial Principal Prepayments, Net Liquidation Proceeds, Insurance Proceeds
and
Subsequent Recoveries received during the related Prepayment Period with respect
to the Group I Mortgage Loans, (iv) that portion of the Purchase Price,
representing principal of any repurchased Group I Mortgage Loan, deposited
to
the Collection Account during the related Prepayment Period, (v) the principal
portion of any related Substitution Adjustments deposited in the Collection
Account during the related Prepayment Period with respect to the Group I
Mortgage Loans and (vi) on the Distribution Date on which the Trust Fund is
to
be terminated pursuant to Section 10.01, that portion of the Termination Price,
in respect of principal on the Group I Mortgage Loans.
“Group
I
Senior Principal Distribution Amount”: The excess of (x) the
Certificate Principal Balance of the Group I Certificates immediately prior
to
such Distribution Date over (y) the lesser of (A) the product of (i) 56.30%
and
(ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans as
of
the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) and (B) the aggregate Stated Principal Balance of
the
Group I Mortgage Loans as of the last day of the related Due Period (after
giving effect to scheduled payments of principal due during the related Due
Period, to the extent received or advanced, and unscheduled collections of
principal received during the related Prepayment Period) minus the related
Overcollateralization Floor.
“Group
II
Allocation Percentage”: With respect to any Distribution Date, the
percentage equivalent of a fraction, the numerator of which is (i) the Group
II
Principal Remittance Amount for such Distribution Date, and the denominator
of
which is (ii) the Principal Remittance Amount for such Distribution
Date.
“Group
II
Basic Principal Distribution Amount”: With respect to any
Distribution Date, the excess of (i) the Group II Principal Remittance Amount
for such Distribution Date over (ii)(a) the Overcollateralization Release
Amount, if any, for such Distribution Date multiplied by (b) the Group II
Allocation Percentage.
“Group
II
Certificates”: The Class II-A-1 Certificates, Class II-A-2
Certificates, Class II-A-3 Certificates and Class II-A-4
Certificates.
“Group
II
Interest Remittance Amount”: With respect to any Distribution Date, that portion
of the Available Funds for such Distribution Date attributable to interest
received or advanced with respect to the Group II Mortgage Loans.
“Group
II
Mortgage Loan”: A Mortgage Loan assigned to Loan Group II with a Stated
Principal Balance at origination that may or may not conform to Xxxxxx Mae
and
Xxxxxxx Mac loan limits. The aggregate Stated Principal Balance of
the Group II Mortgage Loans as of the Cut-off Date is equal to
$215,334,675.34.
“Group
II
Principal Distribution Amount”: With respect to any Distribution Date, that
portion of the Available Funds equal to the sum of (i) the Group II Basic
Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra
Principal Distribution Amount for such Distribution Date multiplied by (b)
the
Group II Allocation Percentage.
“Group
II
Principal Remittance Amount”: With respect to any Distribution Date, that
portion of Available Funds equal to the sum of (i) each scheduled payment of
principal collected or advanced on the Group II Mortgage Loans by the Servicer
that were due during the related Due Period, (ii) the principal portion of
all
full Principal Prepayments of the Group II Mortgage Loans applied by the
Servicer during the related Prepayment Period, (iii) the principal portion
of
all related partial Principal Prepayments, Net Liquidation Proceeds, Insurance
Proceeds and Subsequent Recoveries received during the related Prepayment Period
with respect to the Group II Mortgage Loans, (iv) that portion of the Purchase
Price, representing principal of any repurchased Group II Mortgage Loan,
deposited to the Collection Account during the related Prepayment Period, (v)
the principal portion of any related Substitution Adjustments deposited in
the
Collection Account during the related Prepayment Period with respect to the
Group II Mortgage Loans and (vi) on the Distribution Date on which the Trust
Fund is to be terminated pursuant to Section 10.01, that portion of the
Termination Price, in respect of principal on the Group II Mortgage
Loans.
“Group
II
Senior Principal Distribution Amount”: The excess of (x) the aggregate
Certificate Principal Balance of the Group II Certificates immediately prior
to
such Distribution Date over (y) the lesser of (A) the product of (i) 56.30%
and
(ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans
as of
the last day of the related Due Period (after giving effect to scheduled
payments of principal due during the related Due Period, to the extent received
or advanced, and unscheduled collections of principal received during the
related Prepayment Period) and (B) the aggregate Stated Principal Balance of
the
Group II Mortgage Loans as of the last day of the related Due Period (after
giving effect to scheduled payments of principal due during the related Due
Period, to the extent received or advanced, and unscheduled collections of
principal received during the related Prepayment Period) minus the related
Overcollateralization Floor.
“Highest
Priority”: As of any date of determination, the Class of Mezzanine
Certificates then outstanding with a Certificate Principal Balance greater
than
zero, with the highest priority for payments pursuant to Section 4.01, in the
following order of decreasing priority: Class X-0, Xxxxx X-0, Class M-3, Class
M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10
Certificates.
“Indenture”: An
indenture relating to the issuance of notes secured by the Class C Certificates,
the Class P Certificates and/or the Class R Certificates (or any portion
thereof) which may or may not be guaranteed by the NIMS Insurer.
“Independent”:
When used with respect to any specified Person, any such Person who (a) is
in
fact independent of the Depositor or the Servicer and their respective
Affiliates, (b) does not have any direct financial interest in or any material
indirect financial interest in the Depositor or the Servicer or any Affiliate
thereof, and (c) is not connected with the Depositor or the Servicer or any
Affiliate thereof as an officer, employee, promoter, underwriter, trustee,
partner, director or Person performing similar functions; provided, however,
that a Person shall not fail to be Independent of the Depositor or the Servicer
or any Affiliate thereof merely because such Person is the beneficial owner
of
1% or less of any class of securities issued by the Depositor or the Servicer
or
any Affiliate thereof, as the case may be.
“Independent
Contractor”: Either (i) any Person (other than the Servicer) that would be an
“independent contractor” with respect to any of the REMICs created hereunder
within the meaning of Section 856(d)(3) of the Code if such REMIC were a real
estate investment trust (except that the ownership tests set forth in that
section shall be considered to be met by any Person that owns, directly or
indirectly, 35% or more of any Class of Certificates), so long as each such
REMIC does not receive or derive any income from such Person and provided that
the relationship between such Person and such REMIC is at arm’s length, all
within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any
other Person (including the Servicer) if the Trustee has received an Opinion
of
Counsel to the effect that the taking of any action in respect of any REO
Property by such Person, subject to any conditions therein specified, that
is
otherwise herein contemplated to be taken by an Independent Contractor will
not
cause such REO Property to cease to qualify as “foreclosure property” within the
meaning of Section 860G(a)(8) of the Code (determined without regard to the
exception applicable for purposes of Section 860D(a) of the Code), or cause
any
income realized in respect of such REO Property to fail to qualify as Rents
from
Real Property.
“Index”:
With respect to each Adjustable-Rate Mortgage Loan and with respect to each
related Adjustment Date, the index as specified in the related Mortgage
Note.
“Initial
Certificate Principal Balance”: With respect to any Regular Certificate, the
amount designated “Initial Certificate Principal Balance” on the face
thereof.
“Insurance
Proceeds”: Proceeds of any title policy, hazard policy or other insurance policy
covering a Mortgage Loan to the extent such proceeds are received by the
Servicer and are not to be applied to the restoration of the related Mortgaged
Property or released to the Mortgagor in accordance with the procedures that
the
Servicer would follow in servicing mortgage loans held for its own account,
subject to the terms and conditions of the related Mortgage Note and
Mortgage.
“Interest
Determination Date”: With respect to the Floating Rate Certificates and each
Accrual Period, the second LIBOR Business Day preceding the commencement of
such
Accrual Period.
“Interest
Rate Cap Agreement”: The interest rate cap agreement, dated the
Closing Date between the Cap Trustee on behalf of the Cap Trust and the Interest
Rate Cap Provider, including any schedule, confirmations, credit support annex
or other credit support document relating thereto, and attached hereto as
Exhibit O.
“Interest
Rate Cap Collateral Account”: As defined in Section
4.12.
“Interest
Rate Cap Credit Support Annex”: The credit support annex, dated the Closing
Date, between the Cap Trustee on behalf of the Cap Trust and the Interest Rate
Cap Provider, which is annexed to and forms part of the Interest Rate Cap
Agreement.
“Interest
Rate Cap Provider”: The cap provider under the Interest Rate Cap
Agreement. Initially, the Interest Rate Cap Provider shall be The
Bank of New York.
“Interest
Rate Swap Agreement”: The interest rate swap agreement, dated the Closing Date,
between the Supplemental Interest Trust Trustee and the Swap Provider, including
any schedule, confirmations, credit support annex or other credit support
document relating thereto, and attached hereto as Exhibit Q.
“Late
Collections”: With respect to any Mortgage Loan, all amounts received by the
Servicer subsequent to the Determination Date immediately following any related
Due Period, whether as late payments of Monthly Payments or as Insurance
Proceeds, Liquidation Proceeds or otherwise, which represent late payments
or
collections of principal and/or interest due (without regard to any acceleration
of payments under the related Mortgage and Mortgage Note) but delinquent on
a
contractual basis for such Due Period and not previously recovered.
“Latest
Possible Maturity Date”: As to each Class of Certificates, the date set forth as
such in the Prospectus Supplement.
“LIBOR”:
With respect to each Accrual Period, the rate determined by the Trustee on
the
related Interest Determination Date on the basis of the London interbank offered
rate for one-month United States dollar deposits, as such rate appears on the
Reuters Screen LIBOR01 Page, as of 11:00 a.m. (London time) on such Interest
Determination Date. If such rate does not appear on Reuters Screen LIBOR01
Page,
the rate for such Interest Determination Date will be determined on the basis
of
the offered rates of the Reference Banks for one-month United States dollar
deposits, as of 11:00 a.m. (London time) on such Interest Determination Date.
The Trustee will request the principal London office of each of the Reference
Banks to provide a quotation of its rate. On such Interest Determination Date,
LIBOR for the related Accrual Period will be established by the Trustee as
follows:
(i) If
on
such Interest Determination Date two or more Reference Banks provide such
offered quotations, LIBOR for the related Accrual Period shall be the arithmetic
mean of such offered quotations (rounded upwards if necessary to the nearest
whole multiple of 1/16 of 1%); and
(ii) If
on
such Interest Determination Date fewer than two Reference Banks provide such
offered quotations, LIBOR for the related Accrual Period shall be the higher
of
(i) LIBOR as determined on the previous Interest Determination Date and (ii)
the
Reserve Interest Rate.
“LIBOR
Business Day”: Any day on which banks in London, England and The City of New
York are open and conducting transactions in foreign currency and
exchange.
“Liquidated
Mortgage Loan”: As to any Distribution Date, any Mortgage Loan in respect of
which the Servicer has determined, in accordance with the servicing procedures
specified herein, as of the end of the related Prepayment Period, that all
Liquidation Proceeds which it expects to recover with respect to the liquidation
of the Mortgage Loan or disposition of the related REO Property have been
recovered.
“Liquidation
Event”: With respect to any Mortgage Loan, any of the following events: (i) such
Mortgage Loan is paid in full, (ii) a Final Recovery Determination is made
as to
such Mortgage Loan or (iii) such Mortgage Loan is removed from the Trust Fund
by
reason of its being purchased, sold or replaced pursuant to or as contemplated
by Section 2.03, Section 3.16(c) or Section 10.01. With respect to any REO
Property, either of the following events: (i) a Final Recovery Determination
is
made as to such REO Property or (ii) such REO Property is removed from the
Trust
Fund by reason of its being sold or purchased pursuant to Section 3.23 or
Section 10.01.
“Liquidation
Proceeds”: The amount (other than amounts received in respect of the rental of
any REO Property prior to REO Disposition) received by the Servicer in
connection with (i) the taking of all or a part of a Mortgaged Property by
exercise of the power of eminent domain or condemnation, (ii) the liquidation
of
a defaulted Mortgage Loan by means of a trustee’s sale, foreclosure sale or
otherwise or (iii) the repurchase, substitution or sale of a Mortgage Loan
or an
REO Property pursuant to or as contemplated by Section 2.03, Section 3.16(c),
Section 3.23 or Section 10.01.
“Loan-to-Value
Ratio”: As of any date and as to any Mortgage Loan, the fraction, expressed as a
percentage, the numerator of which is the Stated Principal Balance of the
Mortgage Loan and the denominator of which is the Value of the related Mortgaged
Property.
“Loan
Group”: Either Loan Group I or Loan Group II, as the context
requires.
“Loan
Group I”: The group of Mortgage Loans identified in the Mortgage Loan Schedule
as having been assigned to Loan Group I.
“Loan
Group II”: The group of Mortgage Loans identified in the Mortgage Loan Schedule
as having been assigned to Loan Group II.
“Losses”: As
defined in Section 9.03.
“Lost
Note Affidavit”: With respect to any Mortgage Loan as to which the original
Mortgage Note has been permanently lost, misplaced or destroyed and has not
been
replaced, an affidavit from the Originator certifying that the original Mortgage
Note has been lost, misplaced or destroyed (together with a copy of the related
Mortgage Note) and indemnifying the Trust against any loss, cost or liability
resulting from the failure to deliver the original Mortgage Note in the form
of
Exhibit H hereto.
“Majority
Certificateholders”: The Holders of Certificates evidencing at least 51% of the
Voting Rights.
“Marker
Rate”: With respect to the Class C Interest and any Distribution
Date, a per annum rate equal to two (2) times the weighted average of the
Uncertificated REMIC 2 Pass-Through Rates for each REMIC 2 Regular Interest
(other than REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTIO and
REMIC 2 Regular Interest LTP), with the rate on each such REMIC 2 Regular
Interest (other than REMIC 2 Regular Interest LTZZ) subject to a cap equal
to
the Pass-Through Rate for the Corresponding Certificate for the purpose of
this
calculation; and with the rate on REMIC 2 Regular Interest LTZZ subject to
a cap
of zero for the purpose of this calculation; provided, however, that solely
for
this purpose, calculations of the Uncertificated REMIC 2 Pass-Through Rate
and
the related caps with respect to each such REMIC 2 Regular Interest (other
than
REMIC 2 Regular Interest LTZZ) shall be multiplied by a fraction, the numerator
of which is the actual number of days in the related Interest Accrual Period
and
the denominator of which is 30.
“Master
Agreement”: The Amended and Restated Master Mortgage Loan Purchase and Servicing
Agreement, dated March 1, 2005, as amended and restated on April 1, 2007, among
the Originator, certain affiliates of the Originator and the
Seller.
“Maximum
Cap Rate”: With respect to any Distribution Date and any Class of the
Floating Rate Certificates, a per annum rate (which rate shall be multiplied
by
a fraction, the numerator of which is 30 and the denominator of which is the
actual number of days elapsed in the related Accrual Period) equal to the
weighted average of the Adjusted Net Maximum Mortgage Rates of the Mortgage
Loans (weighted based on the aggregate Stated Principal Balance of the Mortgage
Loans as of the first day of the related Due Period or, in the case of the
first
Distribution Date, the Cut-off Date, adjusted, except in the case of the first
Distribution Date, to reflect unscheduled principal payments made thereafter
during the Prepayment Period that includes such first day of the related Due
Period) minus (x) the Swap Expense Fee Rate plus (y) an amount, expressed as
a
per annum rate, equal to the product of (i) the Net Swap Payment made by the
Swap Provider divided by the aggregate Principal Balance of the Mortgage Loans
and (ii) 12.
“Maximum
Mortgage Rate”: With respect to each Adjustable-Rate Mortgage Loan, the
percentage set forth in the related Mortgage Note as the maximum Mortgage Rate
thereunder.
“Maximum
Uncertificated Accrued Interest Deferral Amount”: With respect to any
Distribution Date, the excess of (a) accrued interest at the Uncertificated
REMIC 2 Pass-Through Rate applicable to REMIC 2 Regular Interest LTZZ for such
Distribution Date on a balance equal to the Uncertificated Principal Balance
of
REMIC 2 Regular Interest LTZZ minus the REMIC 2 Overcollateralization Amount,
in
each case for such Distribution Date, over (b) the sum of the Uncertificated
Accrued Interest on REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest
LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC
2 Regular Interest LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular
Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4,
REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular
Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9
and
REMIC 2 Regular Interest LTM10, with the rate on each such REMIC 2 Regular
Interest subject to a cap equal to the Pass-Through Rate for the related
Corresponding Certificate for the purpose of this calculation; provided,
however, that for this purpose, calculations of the Uncertificated REMIC 2
Pass-Through Rate and the related caps with respect to each such REMIC 2 Regular
Interest (other than REMIC 2 Regular Interest LTZZ) shall be multiplied by
a
fraction, the numerator of which is the actual number of days elapsed in the
related Accrual Period and the denominator of which is 30.
“MERS”:
Mortgage Electronic Registration Systems, Inc., a corporation organized and
existing under the laws of the State of Delaware, or any successor
thereto.
“MERS®
System”: The system of recording transfers of Mortgages electronically
maintained by MERS.
“Mezzanine
Certificate”: Any Class M-1 Certificate, Class M-2 Certificate, Class M-3
Certificate, Class M-4 Certificate, Class M-5 Certificate, Class M-6
Certificate, Class M-7 Certificate, Class M-8 Certificate, Class M-9 Certificate
or Class M-10 Certificate.
“Minimum
Mortgage Rate”: With respect to each Adjustable-Rate Mortgage Loan, the
percentage set forth in the related Mortgage Note as the minimum Mortgage Rate
thereunder.
“Monthly
Interest Distributable Amount”: With respect to any Class of Floating Rate
Certificates and the Class C Certificates and any Distribution Date, the amount
of interest accrued during the related Accrual Period at the related
Pass-Through Rate on the Certificate Principal Balance (or Notional Amount
in
the case of the Class C Certificates) of such Class immediately prior to such
Distribution Date, in each case, reduced by any Net Prepayment Interest
Shortfalls and Relief Act Interest Shortfalls (allocated to such Certificate
based on its respective entitlements to interest irrespective of any Net
Prepayment Interest Shortfalls and Relief Act Interest Shortfalls for such
Distribution Date).
“Monthly
Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of
principal and interest on such Mortgage Loan which is payable by the related
Mortgagor from time to time under the related Mortgage Note, determined: (a)
after giving effect to (i) any Deficient Valuation and/or Debt Service Reduction
with respect to such Mortgage Loan, (ii) any modifications to a Mortgage Loan
pursuant to Section 3.07 and (iii) any reduction in the amount of interest
collectible from the related Mortgagor pursuant to the Relief Act; (b) without
giving effect to any extension granted or agreed to by the Servicer pursuant
to
Section 3.07; and (c) on the assumption that all other amounts, if any, due
under such Mortgage Loan are paid when due.
“Moody’s”:
Xxxxx’x Investors Service, Inc., or its successor in interest.
“Mortgage”:
The mortgage, deed of trust or other instrument creating a first lien on, or
first priority security interest in, a Mortgaged Property securing a Mortgage
Note.
“Mortgage
File”: The mortgage documents listed in Section 2.01 pertaining to a particular
Mortgage Loan and any additional documents required to be added to the Mortgage
File pursuant to this Agreement.
“Mortgage
Loan”: Each mortgage loan transferred and assigned to the Trustee pursuant to
Section 2.01 or Section 2.03(d) as from time to time held as a part of the
Trust
Fund, the Mortgage Loans so held being identified in the Mortgage Loan
Schedule.
“Mortgage
Loan Schedule”: As of any date, the list of Mortgage Loans included in REMIC 1
on such date, separately identifying the Group I Mortgage Loans and the Group
II
Mortgage Loans, attached hereto as Exhibit D. The Mortgage Loan Schedule shall
be prepared by the Depositor and shall set forth the following information
with
respect to each Mortgage Loan, as applicable:
(i) the
Mortgage Loan identifying number;
(ii) [reserved];
(iii) the
state
and zip code of the Mortgaged Property;
(iv) a
code
indicating whether the Mortgaged Property was represented by the borrower,
at
the time of origination, as being owner-occupied;
(v) the
type
of Residential Dwelling constituting the Mortgaged Property;
(vi) the
original months to maturity;
(vii) the
stated remaining months to maturity from the Cut-off Date based on the original
amortization schedule;
(viii) the
Loan-to-Value Ratio at origination;
(ix) the
Mortgage Rate in effect immediately following the Cut-off Date;
(x) the
date
on which the first Monthly Payment was due on the Mortgage Loan;
(xi) the
stated maturity date;
(xii) the
amount of the Monthly Payment at origination;
(xiii) the
amount of the Monthly Payment due on the first Due Date after the Cut- off
Date;
(xiv) the
last
Due Date on which a Monthly Payment was actually applied to the unpaid Stated
Principal Balance;
(xv) the
original principal amount of the Mortgage Loan;
(xvi) the
Stated Principal Balance of the Mortgage Loan as of the Close of Business on
the
Cut-off Date;
(xvii) a
code
indicating the purpose of the Mortgage Loan (i.e., purchase financing, rate/term
refinancing, cash-out refinancing);
(xviii) the
Mortgage Rate at origination;
(xix) a
code
indicating the documentation program (i.e., full documentation, limited income
verification, no income verification, alternative income
verification);
(xx) the
risk
grade;
(xxi) the
Value
of the Mortgaged Property;
(xxii) the
sale
price of the Mortgaged Property, if applicable;
(xxiii) the
actual unpaid principal balance of the Mortgage Loan as of the Cut-off
Date;
(xxiv) the
type
and term of the related Prepayment Charge;
(xxv) with
respect to any Adjustable-Rate Mortgage Loan, the rounding code, the Minimum
Mortgage Rate, the Maximum Mortgage Rate, the Gross Margin, the next Adjustment
Date and the Periodic Rate Cap;
(xxvi) the
program code;
(xxvii) the
Loan
Group; and
(xxviii) the
lien
priority.
The
Mortgage Loan Schedule shall set forth the following information, with respect
to the Mortgage Loans in the aggregate and for each Loan Group as of the Cut-off
Date: (1) the number of Mortgage Loans; (2) the current Principal Balance of
the
Mortgage Loans; (3) the weighted average Mortgage Rate of the Mortgage Loans
and
(4) the weighted average remaining term to maturity of the Mortgage Loans.
The
Mortgage Loan Schedule shall be amended from time to time by the Servicer in
accordance with the provisions of this Agreement. With respect to any Qualified
Substitute Mortgage Loan, Cut-off Date shall refer to the Cut-off Date for
such
Mortgage Loan, determined in accordance with the definition of Cut-off Date
herein. On the Closing Date, the Depositor will deliver to the
Servicer, as of the Cut-off Date, an electronic copy of the Mortgage Loan
Schedule.
“Mortgage
Note”: The original executed note or other evidence of indebtedness evidencing
the indebtedness of a Mortgagor under a Mortgage Loan.
“Mortgage
Pool”: The pool of Mortgage Loans, identified on Exhibit D from time to time,
and any REO Properties acquired in respect thereof.
“Mortgage
Rate”: With respect to each Fixed-Rate Mortgage Loan, the rate set forth in the
related Mortgage Note. With respect to each Adjustable-Rate Mortgage
Loan, the annual rate at which interest accrues on such Mortgage Loan from
time
to time in accordance with the provisions of the related Mortgage Note, which
rate (A) as of any date of determination until the first Adjustment Date
following the Cut-off Date shall be the rate set forth in the Mortgage Loan
Schedule as the Mortgage Rate in effect immediately following the Cut-off Date
and (B) as of any date of determination thereafter shall be the rate as adjusted
on the most recent Adjustment Date, to equal the sum, rounded to the next
highest or nearest 0.125% (as provided in the Mortgage Note), of the Index,
determined as set forth in the related Mortgage Note, plus the related Gross
Margin subject to the limitations set forth in the related Mortgage Note. With
respect to each Mortgage Loan that becomes an REO Property, as of any date
of
determination, the annual rate determined in accordance with the immediately
preceding sentence as of the date such Mortgage Loan became an REO
Property.
“Mortgaged
Property”: The underlying property securing a Mortgage Loan, including any REO
Property, consisting of a fee simple estate in a parcel of real property
improved by a Residential Dwelling.
“Mortgagor”: The
obligor on a Mortgage Note.
“Net
Liquidation Proceeds”: With respect to any Liquidated Mortgage Loan or any other
disposition of related Mortgaged Property (including REO Property) the related
Liquidation Proceeds and Insurance Proceeds net of Advances, Servicing Advances,
Servicing Fees and any other accrued and unpaid servicing fees or ancillary
income received and retained in connection with the liquidation of such Mortgage
Loan or Mortgaged Property.
“Net
Monthly Excess Cashflow”: With respect to each Distribution Date, the sum of (a)
any Overcollateralization Release Amount for such Distribution Date and (b)
the
excess of (x) Available Funds for such Distribution Date over (y) the sum for
such Distribution Date of (A) the Monthly Interest Distributable Amounts for
the
Floating Rate Certificates, (B) the Unpaid Interest Shortfall Amounts for the
Class A Certificates and (C) the Principal Remittance Amount.
“Net
Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property),
as of any date of determination, a per annum rate of interest equal to the
then
applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee
Rate.
“Net
Prepayment Interest Shortfall”: With respect to any Distribution Date, the
excess, if any, of any Prepayment Interest Shortfalls for such date over the
related Compensating Interest.
“Net
Swap
Payment”: In the case of payments made by the Trust, the excess, if any, of (x)
the Fixed Swap Payment over (y) the Floating Swap Payment and in the case of
payments made by the Swap Provider, the excess, if any, of (x) the Floating
Swap
Payment over (y) the Fixed Swap Payment. In each case, the Net Swap Payment
shall not be less than zero.
“Net
WAC
Rate”: With respect to any Distribution Date and any Class of
Floating Rate Certificates, a per annum rate (which rate, in the case of the
Floating Rate Certificates, shall be multiplied by a fraction, the numerator
of
which is 30 and the denominator of which is the actual number of days elapsed
in
the related Accrual Period) equal to the weighted average of the Adjusted Net
Mortgage Rates of the Mortgage Loans (weighted based on the aggregate Stated
Principal Balance of the Mortgage Loans as of the first day of the related
Due
Period or, in the case of the first Distribution Date, the Cut-off Date,
adjusted, except in the case of the first Distribution Date, to reflect
unscheduled principal payments made thereafter during the Prepayment Period
that
includes such first day of the related Due Period) minus the Swap Expense Fee
Rate. For federal income tax purposes, the equivalent of the
foregoing shall be expressed as a per annum rate (which rate, in the case of
the
Floating Rate Certificates, shall be multiplied by a fraction, the numerator
of
which is 30 and the denominator of which is the actual number of days elapsed
in
the related Accrual Period) equal to the weighted average of the Uncertificated
REMIC 2 Pass-Through Rates on each REMIC 2 Regular Interest (other than REMIC
2
Regular Interest LTIO), weighted on the basis of the Uncertificated Principal
Balance of each such REMIC 2 Regular Interest.
“Net
WAC
Rate Carryover Amount”: With respect to any Class of Floating Rate Certificates
and any Distribution Date, the sum of (A) the positive excess of (i) the amount
of interest accrued on such Class of Certificates on such Distribution Date
calculated at the related Formula Rate over (ii) the amount of interest accrued
on such Class of Certificates at the Net WAC Rate for such Distribution Date
and
(B) the Net WAC Rate Carryover Amount for the previous Distribution Date not
previously paid, together with interest thereon at a rate equal to the related
Formula Rate for the most recently ended Accrual Period.
“Net
WAC
Rate Carryover Reserve Account”: The account established and maintained pursuant
to Section 4.08.
“New
Lease”: Any lease of REO Property entered into on behalf of the Trust, including
any lease renewed or extended on behalf of the Trust if the Trust has the right
to renegotiate the terms of such lease.
“NIMS
Insurer”: Any insurer that is guaranteeing certain payments under
notes secured by collateral which includes all or a portion of the Class C
Certificates, the Class P Certificates and/or the Residual
Certificates.
“Nonrecoverable
Advance”: Any Advance or Servicing Advance previously made or proposed to be
made in respect of a Mortgage Loan or REO Property that, in the good faith
business judgment of the Servicer, will not be ultimately recoverable from
Late
Collections, Insurance Proceeds, Liquidation Proceeds or condemnation proceeds
on such Mortgage Loan or REO Property as provided herein.
“Notional
Amount”: Immediately prior to any Distribution Date with respect to the Class C
Interest, the aggregate Uncertificated Principal Balance of the REMIC 2 Regular
Interests (other than REMIC 2 Regular Interest LTP).
“Offered
Certificates”: The Floating Rate Certificates (other than the Class
M-10 Certificates) offered to the public pursuant to the Prospectus
Supplement.
“Officers’
Certificate”: A certificate signed by the Chairman of the Board, the Vice
Chairman of the Board, the President or a vice president (however denominated),
or by the Treasurer, the Secretary, or one of the assistant treasurers or
assistant secretaries of the Servicer, the Originator, the Seller or the
Depositor, as applicable.
“Opinion
of Counsel”: A written opinion of counsel, who may, without limitation, be a
salaried counsel for the Depositor, the Seller or the Servicer, acceptable
to
the Trustee, except that any opinion of counsel relating to (a) the
qualification of any REMIC as a REMIC or (b) compliance with the REMIC
Provisions must be an opinion of Independent counsel.
“Optional
Termination Date”: The first Distribution Date on which the Terminator may opt
to terminate the Trust Fund pursuant to Section 10.01.
“Original
Class Certificate Principal Balance”: With respect to the Floating Rate
Certificates, the Class C Certificates, the Class C Interest, the Class IO
Interest, REMIC 6 Regular Interest SWAP IO, the Class P Certificates and the
Class P Interest, the corresponding amounts set forth opposite such Class above
in the Preliminary Statement.
“Originator”:
Option One Mortgage Corporation, or its successor in interest.
“Overcollateralization
Deficiency Amount”: With respect to any Distribution Date, the
amount, if any, by which the Overcollateralization Target Amount exceeds the
Overcollateralized Amount on such Distribution Date (assuming that 100% of
the
Principal Remittance Amount is applied as a principal distribution on such
Distribution Date).
“Overcollateralization
Floor”: With respect to the Group I Certificates, $1,733,727.21. With
respect to the Group II Certificates, $1,076,673.38. With respect to the
Mezzanine Certificates and for the purpose of calculating the
Overcollateralization Target Amount, $2,810,400.58.
“Overcollateralization
Release Amount”: With respect to any Distribution Date, the lesser of (x) the
Principal Remittance Amount for such Distribution Date and (y) the Excess
Overcollateralized Amount.
“Overcollateralization
Target Amount”: With respect to any Distribution Date (x) prior to
the Stepdown Date, an amount equal to 2.85% of the aggregate Cut-off Date
Principal Balance of the Mortgage Loans, (y) on or after the Stepdown Date
provided a Trigger Event is not in effect, the greater of (A) 5.70% of the
aggregate Stated Principal Balance of the Mortgage Loans as of the last day
of
the related Due Period (after giving effect to scheduled payments of principal
due during the related Due Period, to the extent received or advanced, and
unscheduled collections of principal received during the related Prepayment
Period) and (B) the Overcollateralization Floor and (z) on or after the Stepdown
Date if a Trigger Event is in effect, the Overcollateralization Target Amount
for the immediately preceding Distribution Date. Notwithstanding the
foregoing, on and after any Distribution Date following the reduction of the
aggregate Certificate Principal Balance of the Floating Rate Certificates to
zero, the Overcollateralization Target Amount shall be zero.
“Overcollateralized
Amount”: For any Distribution Date, the amount equal to (i) the aggregate Stated
Principal Balance of the Mortgage Loans as of the last day of the related Due
Period (after giving effect to scheduled payments of principal due during the
related Due Period, to the extent received or advanced, and unscheduled
collections of principal received during the related Prepayment Period) minus
(ii) the aggregate Certificate Principal Balance of the Floating Rate
Certificates and the Class P Certificates as of such Distribution Date after
giving effect to distributions to be made on such Distribution
Date.
“Ownership
Interest”: As to any Certificate, any ownership or security interest in such
Certificate, including any interest in such Certificate as the Holder thereof
and any other interest therein, whether direct or indirect, legal or beneficial,
as owner or as pledgee.
“Pass-Through
Rate”: With respect to the Floating Rate Certificates and any Distribution Date,
the lesser of (a) the related Formula Rate and (b) the Net WAC Rate for such
Distribution Date.
With
respect to the Class C Interest and any Distribution Date, a per annum rate
equal to the percentage equivalent of a fraction, the numerator of which is
(x)
the sum of (i) 100% of the interest on REMIC 2 Regular Interest LTP and (ii)
interest on the Uncertificated Balance of each REMIC 2 Regular Interest listed
in clause (y) at a rate equal to the related Uncertificated REMIC 2 Pass-Through
Rate minus the Marker Rate and the denominator of which is (y) the aggregate
Uncertificated Principal Balance of REMIC 2 Regular Interests XXXX, XXXX0,
XXXXX0, LTIIA2, LTIIA3, LTIIA4, LTM1, LTM2, LTM3, LTM4, LTM5, LTM6, LTM7, LTM8,
LTM9, LTM10 and LTZZ.
With
respect to the Class C Certificates, 100% of the interest distributable to
the
Class C Interest, expressed as a per annum rate.
The
Class
IO Interest shall not have a Pass-Through Rate, but interest for such Regular
Interest and each Distribution Date shall be an amount equal to 100% of the
amounts distributable to REMIC 2 Regular Interest LTIO.
The
REMIC
6 Regular Interest SWAP IO Interest shall not have a Pass-Through Rate, but
interest for such Regular Interest and each Distribution Date shall be an amount
equal to 100% of the amounts distributable to the Class IO Interest for such
Distribution Date.
The
Class
P Certificates, Class L Certificates, Class R Certificates and Class R-X
Certificates will not accrue interest and therefore will not have a Pass-Through
Rate.
“Paying
Agent”: Any paying agent appointed pursuant to Section
5.05.
“Percentage
Interest”: With respect to any Certificate (other than the Class L Certificate
and a Residual Certificate), a fraction, expressed as a percentage, the
numerator of which is the Initial Certificate Principal Balance represented
by
such Certificate and the denominator of which is the Original Class Certificate
Principal Balance of the related Class. With respect to the Class L Certificate
and a Residual Certificate, the portion of the Class evidenced thereby,
expressed as a percentage, as stated on the face of such Certificate; provided,
however, that the sum of all such percentages for each such Class totals
100%.
“Periodic
Rate Cap”: With respect to each Adjustable-Rate Mortgage Loan and any Adjustment
Date therefor, the fixed percentage set forth in the related Mortgage Note,
which is the maximum amount by which the Mortgage Rate for such Mortgage Loan
may increase or decrease (without regard to the Maximum Mortgage Rate or the
Minimum Mortgage Rate) on such Adjustment Date from the Mortgage Rate in effect
immediately prior to such Adjustment Date.
“Permitted
Investments”: Any one or more of the following obligations or securities
acquired at a purchase price of not greater than par, regardless of whether
issued or managed by the Depositor, the Servicer, the NIMS Insurer, the Trustee
or any of their respective Affiliates or for which an Affiliate of the NIMS
Insurer or Trustee serves as an advisor:
(xxix) direct
obligations of, or obligations fully guaranteed as to timely payment of
principal and interest by, the United States or any agency or instrumentality
thereof, provided such obligations are backed by the full faith and credit
of
the United States;
(xxx) (A)
demand and time deposits in, certificates of deposit of, bankers’ acceptances
issued by or federal funds sold by any depository institution or trust company
(including the Trustee or its agent acting in their respective commercial
capacities) 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
authorities, so long as, at the time of such investment or contractual
commitment providing for such investment, such depository institution or trust
company (or, if the only Rating Agency is S&P, in the case of the principal
depository institution in a depository institution holding company, debt
obligations of the depository institution holding company) or its ultimate
parent has a short-term uninsured debt rating in one of the two highest
available ratings of Xxxxx’x and the highest available rating category of Fitch
and S&P and provided that each such investment has an original maturity of
no more than 365 days; and provided further that, if the only Rating Agency
is
S&P and if the depository or trust company is a principal subsidiary of a
bank holding company and the debt obligations of such subsidiary are not
separately rated, the applicable rating shall be that of the bank holding
company; and, provided further that, if the original maturity of such short-
term obligations of a domestic branch of a foreign depository institution or
trust company shall exceed 30 days, the short-term rating of such institution
shall be A-1+ in the case of S&P if S&P is the Rating Agency; and (B)
any other demand or time deposit or deposit which is fully insured by the
FDIC;
(xxxi) repurchase
obligations with a term not to exceed 30 days with respect to any security
described in clause (i) above and entered into with a depository institution
or
trust company (acting as principal) rated F-1+ or higher by Fitch, P-1 by
Xxxxx’x and rated A-1+ or higher by S&P, provided, however, that collateral
transferred pursuant to such repurchase obligation must be of the type described
in clause (i) above and must (A) be valued daily at current market prices plus
accrued interest, (B) pursuant to such valuation, be equal, at all times, to
105% of the cash transferred by the Trustee in exchange for such collateral
and
(C) be delivered to the Trustee or, if the Trustee is supplying the collateral,
an agent for the Trustee, in such a manner as to accomplish perfection of a
security interest in the collateral by possession of certificated
securities;
(xxxii) securities
bearing interest or sold at a discount that are issued by any corporation
incorporated under the laws of the United States of America or any State thereof
and that are rated by S&P (and if rated by any other Rating Agency, also by
such other Rating Agency) in its highest long-term unsecured rating category
at
the time of such investment or contractual commitment providing for such
investment;
(xxxiii) commercial
paper (including both non-interest-bearing discount obligations and
interest-bearing obligations payable on demand or on a specified date not more
than 30 days after the date of acquisition thereof) that is rated by S&P
(and if rated by any other Rating Agency, also by such other Rating Agency)
in
its highest short-term unsecured debt rating available at the time of such
investment;
(xxxiv) units
of
money market funds, including those money market funds managed or advised by
the
Trustee or its Affiliates, that have been rated “AAA” by Fitch (if rated by
Fitch), “Aaa” by Xxxxx’x and “AAAm” or “AAAm-G” by S&P; and
(xxxv) if
previously confirmed in writing to the Trustee, any other demand, money market
or time deposit, or any other obligation, security or investment, as may be
acceptable to the Rating Agencies in writing as a permitted investment of funds
backing securities having ratings equivalent to its highest initial rating
of
the Class A Certificates;
provided,
that no instrument described hereunder shall evidence either the right to
receive (a) only interest with respect to the obligations underlying such
instrument or (b) both principal and interest payments derived from obligations
underlying such instrument and the interest and principal payments with respect
to such instrument provide a yield to maturity at par greater than 120% of
the
yield to maturity at par of the underlying obligations.
“Permitted
Transferee”: Any transferee of a Residual Certificate other than a Disqualified
Organization or a non-U.S. Person.
“Person”:
Any individual, corporation, limited liability company, partnership, joint
venture, association, joint stock company, trust, unincorporated organization
or
government or any agency or political subdivision thereof.
“Plan”:
Any employee benefit plan or certain other retirement plans and arrangements,
including individual retirement accounts and annuities, Xxxxx plans and bank
collective investment funds and insurance company general or separate accounts
in which such plans, accounts or arrangements are invested, that are subject
to
ERISA or Section 4975 of the Code.
“Pool
Balance”: As of any date of determination, the aggregate Stated Principal
Balance of the Mortgage Loans in both Loan Groups as of such date.
“Prepayment
Assumption”: As defined in the Prospectus Supplement.
“Prepayment
Charge”: With respect to any Mortgage Loan, the charges or premiums, if any, due
in connection with a full or partial Principal Prepayment of such Mortgage
Loan
in accordance with the terms thereof (other than any Servicer Prepayment Charge
Payment Amount).
“Prepayment
Charge Schedule”: As of any date, the list of Prepayment Charges on the Mortgage
Loans included in the Trust Fund on such date, attached hereto as Schedule
I
(including the prepayment charge summary attached thereto). The Prepayment
Charge Schedule shall set forth the following information with respect to each
Prepayment Charge:
(xxxvi) the
Mortgage Loan identifying number;
(xxxvii) a
code
indicating the type of Prepayment Charge;
(xxxviii) the
state
of origination of the related Mortgage Loan;
(xxxix) the
date
on which the first monthly payment was due on the related Mortgage
Loan;
(xl) the
term
of the related Prepayment Charge; and
(xli) the
Stated Principal Balance of the related Mortgage Loan as of the Cut-off
Date.
The
Prepayment Charge Schedule shall be amended from time to time by the Servicer
in
accordance with the provisions of this Agreement and a copy of such amended
Prepayment Charge Schedule shall be furnished by the Servicer to the NIMS
Insurer.
“Prepayment
Interest Excess”: With respect to any Distribution Date, for each
Mortgage Loan that was the subject of a Principal Prepayment in full during
the
portion of the related Prepayment Period occurring between the first day and
the
15th day of
the
calendar month in which such Distribution Date occurs, an amount equal to
interest (to the extent received) at the applicable Net Mortgage Rate on the
amount of such Principal Prepayment for the number of days commencing on the
first day of the calendar month in which such Distribution Date occurs and
ending on the date on which such prepayment is so applied.
“Prepayment
Interest Shortfall”: With respect to any Distribution Date, for each Mortgage
Loan that was the subject of a Principal Prepayment in full during the portion
of the related Prepayment Period occurring from the first day of the related
Prepayment Period through the last day of the calendar month preceding the
month
in which such Distribution Date occurs, an amount equal to one-month’s interest
at the applicable Net Mortgage Rate less any payments made by the
Mortgagor.
“Prepayment
Period”: With respect to any Distribution Date, the period commencing on the
16th day of
the
calendar month preceding the month in which the related Distribution Date occurs
(or, in the case of the first Distribution Date, from July 1, 2007) and ending
on the 15th day
of the calendar month in which such Distribution Date occurs.
“Principal
Balance”: As to any Mortgage Loan other than a Liquidated Mortgage Loan, and any
day, the related Cut-off Date Principal Balance, minus all collections credited
against the Cut-off Date Principal Balance of any such Mortgage Loan. For
purposes of this definition, a Liquidated Mortgage Loan shall be deemed to
have
a Principal Balance equal to the Principal Balance of the related Mortgage
Loan
as of the final recovery of related Liquidation Proceeds and a Principal Balance
of zero thereafter. As to any REO Property and any day, the Principal Balance
of
the related Mortgage Loan immediately prior to such Mortgage Loan becoming
REO
Property minus any REO Principal Amortization received with respect thereto
on
or prior to such day.
“Principal
Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan
which is received in advance of its scheduled Due Date and which is not
accompanied by an amount of interest representing the full amount of scheduled
interest due on any Due Date in any month or months subsequent to the month
of
prepayment.
“Principal
Remittance Amount”: With respect to any Distribution Date, the sum of
the Group I Principal Remittance Amount and the Group II Principal Remittance
Amount.
“Prospectus
Supplement”: That certain Prospectus Supplement dated June 18, 2007 relating to
the public offering of the Floating Rate Certificates (other than the Class
M-10
Certificates).
“Purchase
Price”: With respect to any Mortgage Loan or REO Property to be purchased by the
Seller or the Servicer pursuant to or as contemplated by Section 2.03, Section
3.16(c) or Section 10.01, and as confirmed by an Officers’
Certificate from the party purchasing the Mortgage Loan to the Trustee, an
amount equal to the sum of (i) 100% of the Stated Principal Balance thereof
as
of the date of purchase (or such other price as provided in Section 10.01),
(ii)
in the case of (x) a Mortgage Loan, accrued interest on such Stated Principal
Balance at the applicable Mortgage Rate in effect from time to time from the
Due
Date as to which interest was last covered by a payment by the Mortgagor or
an
Advance by the Servicer, which payment or Advance had as of the date of purchase
been distributed pursuant to Section 4.01, through the end of the calendar
month
in which the purchase is to be effected, and (y) an REO Property, the sum of
(1)
accrued interest on such Stated Principal Balance at the applicable Mortgage
Rate in effect from time to time from the Due Date as to which interest was
last
covered by a payment by the Mortgagor or an advance by the Servicer through
the
end of the calendar month immediately preceding the calendar month in which
such
REO Property was acquired, plus (2) REO Imputed Interest for such REO Property
for each calendar month commencing with the calendar month in which such REO
Property was acquired and ending with the calendar month in which such purchase
is to be effected, net of the total of all net rental income, Insurance
Proceeds, Liquidation Proceeds and Advances that as of the date of purchase
had
been distributed as or to cover REO Imputed Interest pursuant to Section 4.04,
(iii) any unreimbursed Servicing Advances and Advances and any unpaid Servicing
Fees allocable to such Mortgage Loan or REO Property, (iv) any amounts
previously withdrawn from the Collection Account in respect of such Mortgage
Loan or REO Property pursuant to Section 3.23 and (v) in the case of a Mortgage
Loan required to be purchased pursuant to Section 2.03, expenses reasonably
incurred or to be incurred by the Servicer, the NIMS Insurer or the Trustee
in
respect of the breach or defect giving rise to the purchase obligation including
any costs and damages incurred by the Trust Fund in connection with any
violation by such loan of any predatory or abusive lending law. With
respect to the Originator and any Mortgage Loan or REO Property to be purchased
pursuant to or as contemplated by Section 2.03 or 10.01, and as confirmed by
a
certificate of an Officers’ Certificate of the Originator to the Trustee, an
amount equal to the amount set forth pursuant to the terms of the Master
Agreement
“Qualified
Insurer”: Any insurance company acceptable to Xxxxxx Xxx.
“Qualified
Substitute Mortgage Loan”: With respect to the Seller, a mortgage
loan substituted for a Deleted Mortgage Loan pursuant to the terms of this
Agreement which must, on the date of such substitution, (i) have an outstanding
Stated Principal Balance (or in the case of a substitution of more than one
mortgage loan for a Deleted Mortgage Loan, an aggregate Stated Principal
Balance), after application of all scheduled payments of principal and interest
due during or prior to the month of substitution, not in excess of, and not
more
than 5% less than, the outstanding Stated Principal Balance of the Deleted
Mortgage Loan as of the Due Date in the calendar month during which the
substitution occurs, (ii) have a Mortgage Rate not less than (and not more
than
one percentage point in excess of) the Mortgage Rate of the Deleted Mortgage
Loan, (iii) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate
Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage
Rate on the Deleted Mortgage Loan, (iv) if the Qualified Substitute Mortgage
Loan is an Adjustable-Rate Mortgage Loan, have a Minimum Mortgage Rate not
less
than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (v) if the
Qualified Substitute Mortgage Loan is an Adjustable-Rate Mortgage Loan, have
a
Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage
Loan, (vi) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate
Mortgage Loan, have a next Adjustment Date not more than two months later than
the next Adjustment Date on the Deleted Mortgage Loan, (vii) have a remaining
term to maturity not greater than (and not more than one year less than) that
of
the Deleted Mortgage Loan, (viii) be current as of the date of substitution,
(ix) have a Loan-to-Value Ratio as of the date of substitution equal to or
lower
than the Loan-to-Value Ratio of the Deleted Mortgage Loan as of such date,
(x)
have a risk grading determined by the Originator at least equal to the risk
grading assigned on the Deleted Mortgage Loan, (xi) have been underwritten
or
reunderwritten by the Originator in accordance with the same underwriting
criteria and guidelines as the Deleted Mortgage Loan, (xii) be a first lien
mortgage loan if the Deleted Mortgage Loan is a first lien mortgage loan and
(xiii) conform to each representation and warranty set forth in Section 7.02
of
the Master Agreement or assigned to the Depositor pursuant to the Assignment
Agreement applicable to the Deleted Mortgage Loan. In the event that
one or more mortgage loans are substituted for one or more Deleted Mortgage
Loans, the amounts described in clause (i) hereof shall be determined on the
basis of aggregate Stated Principal Balance, the Mortgage Rates described in
clause (ii) hereof shall be satisfied for each such mortgage loan, the risk
gradings described in clause (x) hereof shall be satisfied as to each such
mortgage loan, the terms described in clause (vii) hereof shall be determined
on
the basis of weighted average remaining term to maturity (provided that no
such
mortgage loan may have a remaining term to maturity longer than the Deleted
Mortgage Loan), the Loan-to-Value Ratios described in clause (ix) hereof shall
be satisfied as to each such mortgage loan and, except to the extent otherwise
provided in this sentence, the representations and warranties described in
clause (xii) hereof must be satisfied as to each Qualified Substitute Mortgage
Loan or in the aggregate, as the case may be. With respect to the
Originator, a mortgage loan substituted for a Deleted Mortgage Loan pursuant
to
the terms of the Master Agreement which must, on the date of such substitution
conform to the terms set forth in the Master Agreement.
“Rating
Agency or Rating Agencies”: Xxxxx’x and S&P or their successors. If such
agencies or their successors are no longer in existence, “Rating Agencies” shall
be such nationally recognized statistical rating agencies, or other comparable
Persons, designated by the Depositor, notice of which designation shall be
given
to the Trustee and Servicer.
“Realized
Loss”: With respect to any Liquidated Mortgage Loan, the amount of loss realized
equal to the portion of the Stated Principal Balance remaining unpaid after
application of all Net Liquidation Proceeds in respect of such Mortgage
Loan. If the Servicer receives Subsequent Recoveries with respect to
any Mortgage Loan, the amount of the Realized Loss with respect to that Mortgage
Loan will be reduced to the extent such recoveries are applied to principal
distributions on any Distribution Date.
“Record
Date”: With respect to (i) the Floating Rate Certificates, the Close of Business
on the Business Day immediately preceding the related Distribution Date;
provided, however, that following the date on which Definitive Certificates
for
any of the Floating Rate Certificates are available pursuant to Section 5.02,
the Record Date for such Certificates that are Definitive Certificates shall
be
the last Business Day of the calendar month preceding the month in which the
related Distribution Date occurs and (ii) the Class P Certificates, the Class
L
Certificates, the Class C Certificates and the Residual Certificates, the close
of business on the last Business Day of the calendar month preceding the month
in which the related Distribution Date occurs.
“Reference
Banks”: Those banks (i) with an established place of business in London,
England, (ii) not controlling, under the control of or under common control
with
the Originator or the Servicer or any Affiliate thereof and (iii) which have
been designated as such by the Trustee after consultation with the Depositor;
provided, however, that if fewer than two of such banks provide a LIBOR rate,
then any leading banks selected by the Trustee after consultation with the
Depositor which are engaged in transactions in United States dollar deposits
in
the international Eurocurrency market.
“Refinanced
Mortgage Loan”: A Mortgage Loan the proceeds of which were not used to purchase
the related Mortgaged Property.
“Regular
Certificate”: Any of the Floating Rate Certificates, Class L Certificates, Class
C Certificates or Class P Certificates.
“Reimbursement
amount”: As defined in Section 3.29.
“Relief
Act”: The Servicemembers Civil Relief Act or any state law providing for similar
relief.
“Relief
Act Interest Shortfall”: With respect to any Distribution Date, for any Mortgage
Loan with respect to which there has been a reduction in the amount of interest
collectible thereon for the most recently ended Due Period as a result of the
application of the Relief Act or any similar state or local laws, the amount
by
which (i) interest collectible on such Mortgage Loan during such Due Period
is
less than (ii) one month’s interest on the Stated Principal Balance of such
Mortgage Loan at the Mortgage Rate for such Mortgage Loan before giving effect
to the application of the Relief Act or such state or local laws.
“REMIC”:
A “real estate mortgage investment conduit” within the meaning of Section 860D
of the Code.
“REMIC
1”: The segregated pool of assets subject hereto, constituting the primary trust
created hereby and to be administered hereunder, with respect to which a REMIC
election is to be made consisting of: (i) such Mortgage Loans as from time
to
time are subject to this Agreement, together with the Mortgage Files relating
thereto, and together with all collections thereon and proceeds thereof, (ii)
any REO Property, together with all collections thereon and proceeds thereof,
(iii) the Trustee’s rights with respect to the Mortgage Loans under all
insurance policies required to be maintained pursuant to this Agreement and
any
proceeds thereof, (iv) the Depositor’s rights under the Assignment Agreement
(including any security interest created thereby) and (v) the Collection
Account, the Distribution Account (subject to the last sentence of this
definition) and any REO Account and such assets that are deposited therein
from
time to time and any investments thereof, together with any and all income,
proceeds and payments with respect thereto. Notwithstanding the
foregoing, however, a REMIC election will not be made with respect to the Net
WAC Rate Carryover Reserve Account, the Basis Risk Cap Agreement, the Interest
Rate Cap Agreement, the Cap Account, the Cap Allocation Agreement, the Cap
Trust, any Servicer Prepayment Charge Payment Amounts, the Swap Account, the
Supplemental Interest Trust or the Interest Rate Swap Agreement.
“REMIC
1
Regular Interests”: Any of the separate non-certificated beneficial
ownership interests in REMIC 1 issued hereunder and designated as a “regular
interest” in REMIC 1. Each REMIC 1 Regular Interest shall accrue interest at the
related Uncertificated REMIC 1 Pass-Through Rate in effect from time to time,
and shall be entitled to distributions of principal, subject to the terms and
conditions hereof, in an aggregate amount equal to its initial Uncertificated
Principal Balance as set forth in the Preliminary Statement hereto.
“REMIC
2”: The segregated pool of assets consisting of all of the REMIC 1 Regular
Interests and conveyed in trust to the Trustee, for the benefit of REMIC 3,
as
holder of the REMIC 2 Regular Interests, and the Class R Certificateholders,
as
Holders of the Class R-2 Interest, pursuant to Article II hereunder, and all
amounts deposited therein, with respect to which a separate REMIC election
is to
be made.
“REMIC
2
Interest Loss Allocation Amount”: With respect to any Distribution Date, an
amount equal to (a) the product of (i) the aggregate Stated Principal Balance
of
the Mortgage Loans and related REO Properties then outstanding and (ii) the
Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest LTAA
minus
the Marker Rate, divided by (b) 12.
“REMIC
2
Overcollateralization Amount”: With respect to any date of determination, (i)
1.00% of the aggregate Uncertificated Principal Balance of the REMIC 2 Regular
Interests (other than REMIC 2 Regular Interest LTP), minus (ii) the aggregate
Uncertificated Principal Balance of REMIC 2 Regular Interest LTIA1, REMIC 2
Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular
Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular Interest
LTM1,
REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular
Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6,
REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular
Interest LTM9 and REMIC 2 Regular Interest LTM10 in each case as of such date
of
determination.
“REMIC
2
Overcollateralization Target Amount”: 1.00% of the Overcollateralization Target
Amount.
“REMIC
2
Principal Loss Allocation Amount”: With respect to any Distribution Date, an
amount equal to the product of (i) the aggregate Stated Principal Balance of
the
Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus
a
fraction, the numerator of which is two times the aggregate Uncertificated
Principal Balance of REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest
LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC
2 Regular Interest LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular
Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4,
REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular
Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9
and
REMIC 2 Regular Interest LTM10, and the denominator of which is the aggregate
Uncertificated Principal Balance of REMIC 2 Regular Interest LTIA1, REMIC 2
Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular
Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular Interest
LTM1,
REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular
Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6,
REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular
Interest LTM9, REMIC 2 Regular Interest LTM10 and REMIC 2 Regular Interest
LTZZ.
“REMIC
2
Regular Interests”: One of the separate non-certificated beneficial ownership
interests in REMIC 2 issued hereunder and designated as a Regular Interest
in
REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related
Uncertificated REMIC 2 Pass-Through Rate in effect from time to time, and shall
be entitled to distributions of principal (other than REMIC 2 Regular Interest
LTIO), subject to the terms and conditions hereof, in an aggregate amount equal
to its initial Uncertificated Principal Balance as set forth in the Preliminary
Statement hereto. The following is a list of each of the REMIC 2
Regular Interests: REMIC 2 Regular Interest LTAA, REMIC 2 Regular
Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular Interest
LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC
2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest
LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2
Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest
LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10, REMIC
2
Regular Interest LTZZ, REMIC 2 Regular Interest LTP and REMIC 2 Regular Interest
LTIO.
“REMIC
3”: The segregated pool of assets consisting of all of the REMIC 2 Regular
Interests conveyed in trust to the Trustee, for the benefit of the Holders
of
the Regular Certificates (other than the Class C Certificates and Class P
Certificates), the Class C Interest, the Class P Interest, the Class IO Interest
and the Class R Certificates (in respect of the Class R-3 Interest), pursuant
to
Article II hereunder, and all amounts deposited therein, with respect to which
a
separate REMIC election is to be made.
“REMIC
3
Regular Interest”: The Class C Interest, Class P Interest, Class IO
Interest and any “regular interest” in REMIC 3 the ownership of which is
represented by a Floating Rate Certificate.
“REMIC
4”: The segregated pool of assets consisting of the Class C Interest conveyed
in
trust to the Trustee, for the benefit of the Holders of the Class C Certificates
and the Class R-X Certificates (in respect of the Class R-4 Interest), pursuant
to Article II hereunder, and all amounts deposited therein, with respect to
which a separate REMIC election is to be made.
“REMIC
5”: The segregated pool of assets consisting of the Class P Interest conveyed
in
trust to the Trustee, for the benefit of the Holders of the Class P Certificates
and the Class R-X Certificates (in respect of the Class R-5 Interest), pursuant
to Article II hereunder, and all amounts deposited therein, with respect to
which a separate REMIC election is to be made.
“REMIC
6”: The segregated pool of assets consisting of the SWAP IO Interest conveyed
in
trust to the Trustee, for the benefit of the Holders of the REMIC 6 Regular
Interest Class IO and the Class R-X Certificates (in respect of the Class R-6
Interest), pursuant to Article II hereunder, and all amounts deposited therein,
with respect to which a separate REMIC election is to be made.
“REMIC
Provisions”: Provisions of the federal income tax law relating to real estate
mortgage investment conduits which appear at Section 860A through 860G of
Subchapter M of Chapter 1 of the Code, and related provisions, and regulations
and rulings promulgated thereunder, as the foregoing may be in effect from
time
to time.
“REMIC
Regular Interests”: The REMIC 1 Regular Interests, the REMIC 2
Regular Interests, the Class C Interest, the Class P Interest and the Class
IO
Interest.
“Remittance
Report”: A report prepared by the Servicer and delivered to the Trustee and the
NIMS Insurer pursuant to Section 4.04.
“Rents
from Real Property”: With respect to any REO Property, gross income of the
character described in Section 856(d) of the Code.
“REO
Account”: The account or accounts maintained by the Servicer in respect of an
REO Property pursuant to Section 3.23.
“REO
Disposition”: The sale or other disposition of an REO Property on behalf of the
Trust Fund.
“REO
Imputed Interest”: As to any REO Property, for any calendar month during which
such REO Property was at any time part of the Trust Fund, one month’s interest
at the applicable Net Mortgage Rate on the Stated Principal Balance of such
REO
Property (or, in the case of the first such calendar month, of the related
Mortgage Loan if appropriate) as of the Close of Business on the Distribution
Date in such calendar month.
“REO
Principal Amortization”: With respect to any REO Property, for any calendar
month, the excess, if any, of (a) the aggregate of all amounts received in
respect of such REO Property during such calendar month, whether in the form
of
rental income, sale proceeds (including, without limitation, that portion of
the
Termination Price paid in connection with a purchase of all of the Mortgage
Loans and REO Properties pursuant to Section 10.01 that is allocable to such
REO
Property) or otherwise, net of any portion of such amounts (i) payable pursuant
to Section 3.23 in respect of the proper operation, management and maintenance
of such REO Property or (ii) payable or reimbursable to the Servicer pursuant
to
Section 3.23 for unpaid Servicing Fees in respect of the related Mortgage Loan
and unreimbursed Servicing Advances and Advances in respect of such REO Property
or the related Mortgage Loan, over (b) the REO Imputed Interest in respect
of
such REO Property for such calendar month.
“REO
Property”: A Mortgaged Property acquired by the Servicer on behalf of the Trust
Fund through foreclosure or deed-in-lieu of foreclosure, as described in Section
3.23.
“Reportable
Event”: The meaning set forth in Section 4.05(c)(i).
“Request
for Release”: A release signed by a Servicing Officer, in the form of Exhibit E
attached hereto.
“Reserve
Interest Rate”: With respect to any Interest Determination Date, the rate per
annum that the Trustee determines to be either (i) the arithmetic mean (rounded
upwards if necessary to the nearest whole multiple of 1/16 of 1%) of the
one-month United States dollar lending rates which banks in The City of New
York
selected by the Depositor are quoting on the relevant Interest Determination
Date to the principal London offices of leading banks in the London interbank
market or (ii) in the event that the Trustee can determine no such arithmetic
mean, in the case of any Interest Determination Date after the initial Interest
Determination Date, the lowest one-month United States dollar lending rate
which
such New York banks selected by the Depositor are quoting on such Interest
Determination Date to leading European banks.
“Residential
Dwelling”: Any one of the following: (i) a detached one-family dwelling, (ii) a
detached two- to four-family dwelling, (iii) a one-family dwelling unit in
a
Xxxxxx Xxx eligible condominium project, (iv) a manufactured home, or (v) a
detached one-family dwelling in a planned unit development, none of which is
a
co-operative or mobile home.
“Residual
Certificate”: The Class R Certificates and the Class R-X
Certificates.
“Residual
Interest”: The sole class of “residual interests” in a REMIC within the meaning
of Section 860G(a)(2) of the Code.
“Responsible
Officer”: When used with respect to the Trustee, any director, any vice
president, any assistant vice president, the Secretary, any assistant secretary,
the Treasurer, any assistant treasurer or any other officer of the Trustee
customarily performing functions similar to those performed by any of the above
designated officers and, with respect to a particular matter, to whom such
matter is referred because of such officer’s knowledge of and familiarity with
the particular subject.
“S&P”:
Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies,
Inc., or its successor in interest.
“Sarbanes
Oxley Act”: The Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations of the
Commission promulgated thereunder (including any interpretations thereof by
the
Commission’s staff).
“Xxxxxxxx-Xxxxx
Certification”: A written certification signed by an officer of the Depositor
that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time
to
time, and (ii) Exchange Act Rules 13a-14(d) and 15d-14(d), as in effect from
time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx
Act of 2002 is amended, (b) the Rules referred to in clause (ii) are modified
or
superseded by any subsequent statement, rule or regulation of the Commission
or
any statement of a division thereof, or (c) any future releases, rules and
regulations are published by the Securities and Exchange Commission from time
to
time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects
the form or substance of the required certification and results in the required
certification being, in the reasonable judgment of the Depositor, materially
more onerous than the form of the required certification as of the Closing
Date,
the Xxxxxxxx-Xxxxx Certification shall be as agreed to by the Depositor and
the
Seller following a negotiation in good faith to determine how to comply with
any
such new requirements.
“SEC”: Securities
and Exchange Commission.
“Seller”:
Greenwich Capital Financial Products, Inc., a Delaware corporation, in its
capacity as Seller under the Assignment Agreement.
“Senior
Principal Distribution Amount”: With respect to any Distribution Date, the sum
of (i) the Group I Senior Principal Distribution Amount and (ii) the Group
II
Senior Principal Distribution Amount.
“Servicer”:
Option One Mortgage Corporation, or any successor servicer appointed as herein
provided, in its capacity as Servicer hereunder.
“Servicer
Event of Termination”: One or more of the events described in
Section 7.01.
“Servicer
Prepayment Charge Payment Amount”: The amounts payable by the Servicer in
respect of any waived Prepayment Charges pursuant to Section 2.05 or Section
3.01.
“Servicer
Remittance Date”: With respect to any Distribution Date, two Business Days prior
to such Distribution Date.
“Servicing
Advance Reimbursement Amount”: As defined in Section
3.29.
“Servicing
Advances”: All customary, reasonable and necessary “out of pocket” costs and
expenses (including reasonable attorneys’ fees and expenses) incurred by the
Servicer in the performance of its servicing obligations, including, but not
limited to, the cost of (i) the preservation, restoration, inspection and
protection of the Mortgaged Property, (ii) any enforcement or judicial
proceedings, including foreclosures, (iii) the management and liquidation of
the
REO Property, (iv) obtaining broker price opinions, (v) locating missing
Mortgage Loan documents and (vi) compliance with the obligations under Sections
3.01, 3.09, 3.14, 3.16, and 3.23. Servicing Advances also include any
reasonable “out-of-pocket” costs and expenses (including legal fees) incurred by
the Servicer in connection with executing and recording instruments of
satisfaction, deeds of reconveyance or Assignments of Mortgage in connection
with any foreclosure in respect of any Mortgage Loan to the extent not recovered
from the related Mortgagor or otherwise payable under this
Agreement. The Servicer shall not be required to make any Servicing
Advance that would be a Nonrecoverable Advance.
“Servicing
Criteria”: The criteria set forth in paragraph (d) of Item 1122 of Regulation
AB, as such may be amended from time to time.
“Servicing
Fee”: With respect to each Mortgage Loan and for any Due Period, an
amount equal to one month’s interest (or in the event of any payment of interest
which accompanies a Principal Prepayment in full made by the Mortgagor during
such calendar month, interest for the number of days covered by such payment
of
interest) at the related Servicing Fee Rate on the same principal amount on
which interest on such Mortgage Loan accrues for such calendar month. A portion
of such Servicing Fee may be retained by any Sub-Servicer as its servicing
compensation.
“Servicing
Fee Rate”: 0.30% per annum for the first 10 Due Periods; 0.40% per annum for Due
Periods 11 through 30; and 0.65% per annum for Due Period 31 and
thereafter.
“Servicing
Officer”: Any officer of the Servicer involved in, or responsible for, the
administration and servicing of Mortgage Loans, whose name and specimen
signature appear on a list of servicing officers furnished by the Servicer
to
the Trustee and the Depositor on the Closing Date, as such list may from time
to
time be amended.
“Servicing
Rights Pledgee”: One or more lenders, selected by the Servicer, to
which the Servicer may pledge and assign all of its right, title and interest
in, to and under this Agreement.
“Servicing
Standard”: As defined in Section 3.01.
“Servicing
Transfer Costs”: Shall mean all reasonable costs and expenses incurred by the
Trustee in connection with the transfer of servicing from a predecessor
servicer, including, without limitation, any reasonable costs or expenses
associated with the complete transfer of all servicing data and the completion,
correction or manipulation of such servicing data as may be required by the
Trustee to correct any errors or insufficiencies in the servicing data or
otherwise to enable the Trustee (or any successor servicer appointed pursuant
to
Section 7.02) to service the Mortgage Loans properly and
effectively.
“Startup
Day”: As defined in Section 9.01(b) hereof.
“Stated
Principal Balance”: With respect to any Mortgage Loan: (a) as of any date of
determination up to but not including the Distribution Date on which the
proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan
would be distributed, the outstanding principal balance of such Mortgage Loan
as
of the Cut-off Date as shown in the Mortgage Loan Schedule, minus the sum of
(i)
the principal portion of each Monthly Payment due on a Due Date subsequent
to
the Cut-off Date to the extent received from the Mortgagor or advanced by the
Servicer and distributed pursuant to Section 4.01 on or before such date of
determination, (ii) all Principal Prepayments received after the Cut-off Date
to
the extent distributed pursuant to Section 4.01 on or before such date of
determination, (iii) all Liquidation Proceeds and Insurance Proceeds to the
extent distributed pursuant to Section 4.01 on or before such date of
determination, and (iv) any Realized Loss incurred with respect thereto as
a
result of a Deficient Valuation made during or prior to the Due Period for
the
most recent Distribution Date coinciding with or preceding such date of
determination; and (b) as of any date of determination coinciding with or
subsequent to the Distribution Date on which the proceeds, if any, of a
Liquidation Event with respect to such Mortgage Loan would be distributed,
zero.
With respect to any REO Property: (a) as of any date of determination up to
but
not including the Distribution Date on which the proceeds, if any, of a
Liquidation Event with respect to such REO Property would be distributed, an
amount (not less than zero) equal to the Stated Principal Balance of the related
Mortgage Loan as of the date on which such REO Property was acquired on behalf
of the Trust Fund, minus the aggregate amount of REO Principal Amortization
in
respect of such REO Property for all previously ended calendar months, to the
extent distributed pursuant to Section 4.01 on or before such date of
determination; and (b) as of any date of determination coinciding with or
subsequent to the Distribution Date on which the proceeds, if any, of a
Liquidation Event with respect to such REO Property would be distributed,
zero.
“Stepdown
Date”: The earlier to occur of (i) the Distribution Date following the
Distribution Date on which the aggregate Certificate Principal Balance of the
Class A Certificates has been reduced to zero and (ii) the later to occur of
(x)
the Distribution Date occurring in August 2010 and (y) the first Distribution
Date on which the Credit Enhancement Percentage (calculated for this purpose
only after taking into account payments of principal on the Mortgage Loans
but
prior to distribution of the Group I Principal Distribution Amount and the
Group
II Principal Distribution Amount to the Certificates then entitled to
distributions of principal on such Distribution Date) is equal to or greater
than 43.70%.
“Sub-Servicer”:
Any Person with which the Servicer has entered into a Sub- Servicing Agreement
and which meets the qualifications of a Sub-Servicer pursuant to Section
3.02.
“Sub-Servicing
Account”: An account established by a Sub-Servicer which meets the requirements
set forth in Section 3.08 and is otherwise acceptable to the
Servicer.
“Sub-Servicing
Agreement”: The written contract between the Servicer and a Sub-Servicer
relating to servicing and administration of certain Mortgage Loans as provided
in Section 3.02.
“Subsequent
Recoveries”: As of any Distribution Date, amounts received by the Servicer (net
of any related expenses permitted to be reimbursed pursuant to Section 3.11)
specifically related to a Mortgage Loan that was the subject of a liquidation
or
an REO Disposition prior to the related Prepayment Period that resulted in
a
Realized Loss.
“Substitution
Adjustment”: As defined in Section 2.03(d) hereof.
“Supplemental
Interest Trust”: As defined in Section 4.09(a).
“Supplemental
Interest Trust Trustee”: Xxxxx Fargo Bank, N.A., a national banking association,
not in its individual capacity but solely in its capacity as Supplemental
Interest Trust Trustee, and any successor thereto.
“Swap
Account”: The account or accounts created and maintained pursuant to Section
4.09. The Swap Account must be an Eligible Account.
“Swap
Credit Support Annex”: The credit support annex, dated the Closing Date, between
the Supplemental Interest Trust Trustee and the Interest Rate Swap Provider,
which is annexed to and forms part of the Interest Rate Swap
Agreement.
“Swap
Expense Fee Rate”: With respect to any Distribution Date, an amount,
expressed as a per annum rate, equal to the sum of (a) the product of (i) the
Net Swap Payment made to the Swap Provider divided by the aggregate Stated
Principal Balance of the Mortgage Loans as of the first day of the related
Due
Period (or, in the case of the first Distribution Date, the Cut-off Date,
adjusted, except in the case of the first Distribution Date, to reflect
unscheduled principal payments made thereafter during the Prepayment Period
that
includes such first day of the related Due Period) and (ii) 12 and (b) the
product of (i) any Swap Termination Payment (other than a Swap Termination
Payment resulting from a Swap Provider Trigger Event) made to the Swap Provider
divided by the aggregate Stated Principal Balance of the Mortgage Loans as
of
the first day of the related Due Period (or, in the case of the first
Distribution Date, the Cut-off Date, adjusted, except in the case of the first
Distribution Date, to reflect unscheduled principal payments made thereafter
during the Prepayment Period that includes such first day of the related Due
Period) and (ii) 12.
“Swap
Interest Shortfall Amount”: Any shortfall of interest with respect to any Class
of Certificates resulting from the application of the Net WAC Rate due to a
discrepancy between the Uncertificated Notional Amount of REMIC 6 Regular
Interest SWAP IO and the scheduled notional amount pursuant to the Interest
Rate
Swap Agreement.
“Swap
LIBOR”: A per annum
rate equal to the floating rate payable by the Swap Provider under the Swap
Agreement.
“Swap
Provider”: The swap provider under the Interest Rate Swap
Agreement. Initially, the Swap Provider shall be The Bank of New
York.
“Swap
Provider Trigger Event”: A Swap Termination Payment that is triggered upon: (i)
an Event of Default under the Interest Rate Swap Agreement with respect to
which
the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap
Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement
with
respect to which the Swap Provider is the sole Affected Party (as defined in
the
Interest Rate Swap Agreement) or (iii) an Additional Termination Event under
the
Interest Rate Swap Agreement with respect to which the Swap Provider is the
sole
Affected Party.
“Swap
Termination Payment”: The payment due to either party under the Interest Rate
Swap Agreement upon the early termination of the Interest Rate Swap
Agreement.
“Tax
Matters Person”: The tax matters person appointed pursuant to Section 9.01(e)
hereof.
“Tax
Returns”: The federal income tax return on Internal Revenue Service Form 1066,
U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including
Schedule Q thereto, Quarterly Notice to Residual Interest Holders of the REMIC
Taxable Income or Net Loss Allocation, or any successor forms, to be filed
by
the Trustee on behalf of each REMIC, together with any and all other information
reports or returns that may be required to be furnished to the
Certificateholders or filed with the Internal Revenue Service or any other
governmental taxing authority under any applicable provisions of federal, state
or local tax laws.
“Termination
Price”: As defined in Section 10.01(a) hereof.
“Terminator”: As
defined in Section 10.01(a) hereof.
“Three
Month Rolling Delinquency Percentage”: With respect to the Mortgage
Loans and any Distribution Date, the average for the three most recent calendar
months of the fraction, expressed as a percentage, the numerator of which is
(x)
the sum (without duplication) of the aggregate of the Stated Principal Balances
of all Mortgage Loans that are (i) 60 or more days Delinquent, (ii) in
bankruptcy and 60 or more days Delinquent, (iii) in foreclosure and 60 or more
days Delinquent or (iv) REO Properties, and the denominator of which is (y)
the
sum of the Stated Principal Balances of the Mortgage Loans, in the case of
both
(x) and (y), as of the Close of Business on the last Business Day of each of
the
three most recent calendar months.
“Trigger
Event”: A Trigger Event is in effect with respect to any Distribution Date on or
after the Stepdown Date if:
(xlii) the
Delinquency Percentage exceeds 36.60% of the Credit Enhancement Percentage;
or
(xliii) the
aggregate amount of Realized Losses incurred since the Cut-off Date through
the
last day of the related Due Period (reduced by the aggregate amount of
Subsequent Recoveries received since the Cut-off Date through the last day
of
the related Due Period) divided by the aggregate Stated Principal Balance of
the
Mortgage Loans as of the Cut-off Date (the “Realized Loss Percentage”) exceeds
the applicable percentages set forth below with respect to such Distribution
Date:
Distribution
Date Occurring In
|
Percentage
|
August
2009 through July 2010
|
1.60%
for the first month, plus an additional 1/12th
of 2.05% for
each month thereafter.
|
August
2010 through July 2011
|
3.65%
for the first month, plus an additional 1/12th
of 2.10% for
each month thereafter.
|
August
2011 through July 2012
|
5.75%
for the first month, plus an additional 1/12th
of 1.70% for
each month thereafter.
|
August
2012 through July 2013
|
7.45%
for the first month, plus an additional 1/12th
of 0.95% for
each month thereafter.
|
August
2013 through July 2014
|
8.40%
for the first month, plus an additional 1/12th
of 0.10% for
each month thereafter.
|
August
2014 and thereafter
|
8.50%.
|
“Trust”: Soundview
Home Loan Trust 2007-OPT2, the trust created hereunder.
“Trust
Fund”: All of the assets of the Trust, which is the trust created
hereunder consisting of REMIC 1, REMIC 2, REMIC 3, REMIC 4, REMIC 5, REMIC
6,
any Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover
Reserve Account, the Swap Account, the Supplemental Interest Trust, the Interest
Rate Swap Agreement, the Basis Risk Cap Agreement, the Interest Rate Cap
Agreement, the Cap Allocation Agreement, the Cap Account and the Cap
Trust.
“Trustee”:
Xxxxx Fargo Bank, N.A., a national banking association, or any successor trustee
appointed as herein provided.
“Trustee
Compensation”: The Trustee Compensation shall be all income earned on
amounts on deposit in the Distribution Account.
“Uncertificated
Accrued Interest”: With respect to each REMIC Regular Interest on each
Distribution Date, an amount equal to one month’s interest at the related
Uncertificated REMIC Pass-Through Rate on the Uncertificated Principal Balance
of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest
will be reduced by any Net Prepayment Interest Shortfalls, Relief Act Interest
Shortfalls (allocated to such REMIC Regular Interests based on their respective
entitlements to interest irrespective of any Net Prepayment Interest Shortfalls
and Relief Act Interest Shortfalls for such Distribution Date).
“Uncertificated
Notional Amount”: With respect to REMIC 2 Regular Interest LTIO and
each Distribution Date listed below, the aggregate Uncertificated Principal
Balance of the REMIC 1 Regular Interests ending with the designation “A” listed
below:
Distribution
Date
|
REMIC
1 Regular Interests
|
1st
through
7th
|
I-1-A
through I-66-A
|
8
|
I-2-A
through X-00-X
|
0
|
X-0-X
xxxxxxx X-00-X
|
00
|
X-0-X
through X-00-X
|
00
|
X-0-X
xxxxxxx X-00-X
|
00
|
X-0-X
through X-00-X
|
00
|
X-0-X
through X-00-X
|
00
|
X-0-X
xxxxxxx X-00-X
|
00
|
X-0-X
through I-66-A
|
16
|
I-10-A
through I-66-A
|
17
|
I-11-A
through I-66-A
|
18
|
I-12-A
through I-66-A
|
19
|
I-13-A
through I-66-A
|
20
|
I-14-A
through I-66-A
|
21
|
I-15-A
through I-66-A
|
22
|
I-16-A
through I-66-A
|
23
|
I-17-A
through I-66-A
|
24
|
I-18-A
through I-66-A
|
25
|
I-19-A
through I-66-A
|
26
|
I-20-A
through I-66-A
|
27
|
I-21-A
through I-66-A
|
28
|
I-22-A
through I-66-A
|
29
|
I-23-A
through I-66-A
|
30
|
I-24-A
through I-66-A
|
31
|
I-25-A
through I-66-A
|
32
|
I-26-A
through I-66-A
|
33
|
I-27-A
through I-66-A
|
34
|
I-28-A
through I-66-A
|
35
|
I-29-A
through I-66-A
|
36
|
I-30-A
through I-66-A
|
37
|
I-31-A
through I-66-A
|
38
|
I-32-A
through I-66-A
|
39
|
I-33-A
through I-66-A
|
40
|
I-34-A
through I-66-A
|
41
|
I-35-A
through I-66-A
|
42
|
I-36-A
through I-66-A
|
43
|
I-37-A
through I-66-A
|
44
|
I-38-A
through I-66-A
|
45
|
I-39-A
through I-66-A
|
46
|
I-40-A
through I-66-A
|
47
|
I-41-A
through I-66-A
|
48
|
I-42-A
through I-66-A
|
49
|
I-43-A
through I-66-A
|
50
|
I-44-A
through I-66-A
|
51
|
I-45-A
through I-66-A
|
52
|
I-46-A
through I-66-A
|
53
|
I-47-A
through I-66-A
|
54
|
I-48-A
through I-66-A
|
55
|
I-49-A
through I-66-A
|
56
|
I-50-A
through I-66-A
|
57
|
I-51-A
through I-66-A
|
58
|
I-52-A
through I-66-A
|
59
|
I-53-A
through I-66-A
|
60
|
I-54-A
through I-66-A
|
61
|
I-55-A
through I-66-A
|
62
|
I-56-A
through I-66-A
|
63
|
I-57-A
through I-66-A
|
64
|
I-58-A
through I-66-A
|
65
|
I-59-A
through I-66-A
|
66
|
I-60-A
through I-66-A
|
67
|
I-61-A
through I-66-A
|
68
|
I-62-A
through I-66-A
|
69
|
I-63-A
through I-66-A
|
70
|
I-64-A
through I-66-A
|
71
|
I-65-A
and I-66-A
|
72
|
I-66-A
|
73
and thereafter
|
$0.00
|
With
respect to REMIC 2 Regular Interest LTIO and any Distribution Date, an amount
equal to the Uncertificated Notional Amount of REMIC 1 Regular Interest LTIO.
With respect to the Class IO Interest and any Distribution Date, an amount
equal
to the Uncertificated Notional Amount of REMIC 2 Regular Interest
LTIO.
“Uncertificated
Principal Balance”: With respect to each REMIC Regular Interest, the
amount of such REMIC Regular Interest outstanding as of any date of
determination. As of the Closing Date, the Uncertificated Principal Balance
of
each REMIC Regular Interest shall equal the amount set forth in the Preliminary
Statement hereto as its initial Uncertificated Principal Balance. On each
Distribution Date, the Uncertificated Principal Balance of each REMIC Regular
Interest shall be reduced by all distributions of principal made on such REMIC
Regular Interest on such Distribution Date pursuant to Section 4.08 and, if
and
to the extent necessary and appropriate, shall be further reduced on such
Distribution Date by Realized Losses as provided in Section 4.08, and the
Uncertificated Principal Balance of REMIC 2 Regular Interest LTZZ shall be
increased by interest deferrals as provided in Section 4.08. With
respect to the Class C Interest as of any date of determination, an amount
equal
to the excess, if any, of (A) the then aggregate Uncertificated Principal
Balance of the REMIC 2 Regular Interests over (B) the then aggregate Certificate
Principal Balance of the Floating Rate Certificates and the Class P Certificates
then outstanding. The Uncertificated Principal Balance of each REMIC Regular
Interest that has an Uncertificated Principal Balance shall never be less than
zero.
“Uncertificated
REMIC Pass-Through Rate”: The Uncertificated REMIC 1 Pass-Through
Rate or the Uncertificated REMIC 2 Pass-Through Rate, as
applicable.
“Uncertificated
REMIC 1 Pass-Through Rate”: With respect to REMIC 1 Regular Interest
I, a per annum rate equal to the weighted average Net Mortgage Rate of the
Mortgage Loans. With respect to each REMIC 1 Regular Interest ending
with the designation “A”, a per annum rate equal to the weighted average Net
Mortgage Rate of the Mortgage Loans multiplied by 2, subject to a maximum rate
of 11.00%. With respect to each REMIC 1 Regular Interest ending with
the designation “B”, the greater of (x) a per annum rate equal to the excess, if
any, of (i) 2 multiplied by the weighted average Net Mortgage Rate of the
Mortgage Loans over (ii) 11.00% and (y) 0.00%.
“Uncertificated
REMIC 2 Pass-Through Rate”: With respect to REMIC 2 Regular Interest
LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC
2
Regular Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular
Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3,
REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular
Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8,
REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10 and REMIC 2
Regular Interest LTP, a per annum rate (but not less than zero) equal to the
weighted average of (v) with respect to REMIC 1 Regular Interest I and REMIC
1
Regular Interest P, the Uncertificated REMIC 1 Pass-Through Rates for such
REMIC
1 Regular Interests for each such Distribution Date, (w) with respect to REMIC
1
Regular Interests ending with the designation “B”, the weighted average of the
Uncertificated REMIC 1 Pass-Through Rates for such REMIC 1 Regular Interests,
weighted on the basis of the Uncertificated Principal Balance of such REMIC
1
Regular Interests for each such Distribution Date and (x) with respect to REMIC
1 Regular Interests ending with the designation “A”, for each Distribution Date
listed below, the weighted average of the rates listed below for each such
REMIC
1 Regular Interest listed below, weighted on the basis of the Uncertificated
Principal Balance of each such REMIC 1 Regular Interest for each such
Distribution Date:
Distribution
Date
|
REMIC
1 Regular Interest
|
Rate
|
1
-
6
|
I-1-A
through I-66-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
7
|
I-1-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
8
|
I-2-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
9
|
I-3-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
and I-2-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
10
|
I-4-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-3-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
11
|
I-5-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-4-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
12
|
I-6-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-5-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
13
|
I-7-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-6-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
14
|
I-8-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-7-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
15
|
I-9-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-8-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
16
|
I-10-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-9-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
17
|
I-11-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-10-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
18
|
I-12-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-11-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
19
|
I-13-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-12-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
20
|
I-14-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-13-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
21
|
I-15-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-14-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
22
|
I-16-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-15-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
23
|
I-17-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-16-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
24
|
I-18-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-17-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
25
|
I-19-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-18-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
26
|
I-20-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-19-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
27
|
I-21-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-20-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
28
|
I-22-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-21-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
29
|
I-23-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-22-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
30
|
I-24-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-23-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
31
|
I-25-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-24-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
32
|
I-26-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-25-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
33
|
I-27-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-26-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
34
|
I-28-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-27-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
35
|
I-29-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-28-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
36
|
I-30-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-29-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
37
|
I-31-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-30-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
38
|
I-32-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-31-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
39
|
I-33-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-32-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
40
|
I-34-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-33-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
41
|
I-35-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-34-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
42
|
I-36-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-35-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
43
|
I-37-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-36-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
44
|
I-38-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-37-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
45
|
I-39-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-38-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
46
|
I-40-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-39-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
47
|
I-41-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-40-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
48
|
I-42-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-41-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
49
|
I-43-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-42-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
50
|
I-44-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-43-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
51
|
I-45-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-44-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
52
|
I-46-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-45-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
53
|
I-47-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-46-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
54
|
I-48-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-47-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
55
|
I-49-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-48-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
56
|
I-50-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-49-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
57
|
I-51-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-50-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
58
|
I-52-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-51-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
59
|
I-53-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-52-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
60
|
I-54-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-53-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
61
|
I-55-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-54-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
62
|
I-56-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-55-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
63
|
I-57-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-56-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
64
|
I-58-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-57-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
65
|
I-59-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-58-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
66
|
I-60-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-59-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
67
|
I-61-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-60-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
68
|
I-62-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-61-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
69
|
I-63-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-62-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
70
|
I-64-A
through I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-63-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
71
|
I-65-A
and I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-64-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
72
|
I-66-A
|
2
multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
REMIC 1 Pass-Through Rate
|
I-1-A
through I-65-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
|
thereafter
|
I-1-A
through I-66-A
|
Uncertificated
REMIC 1 Pass-Through Rate
|
With
respect to REMIC 2 Regular Interest LTIO and (a) the first Distribution Date
through the 6th
Distribution Date, the excess of (i) the weighted average of the Uncertificated
REMIC 1 Pass-Through Rates for REMIC 1 Regular Interests ending with the
designation “A” over (ii) the weighted average of the Uncertificated REMIC 1
Pass-Through Rates for REMIC 1 Regular Interests ending with the designation
“A”
and (b) the 7th
Distribution Date through the 72nd Distribution
Date,
the excess of (i) the weighted average of the Uncertificated REMIC 1
Pass-Through Rates for REMIC 1 Regular Interests ending with the designation
“A”, over (ii) 2 multiplied by Swap LIBOR and (c) thereafter,
0.00%.
“Uninsured
Cause”: Any cause of damage to a Mortgaged Property such that the complete
restoration of such property is not fully reimbursable by the hazard insurance
policies required to be maintained pursuant to Section 3.14.
“United
States Person” or “U.S. Person”: A citizen or resident of the United States, a
corporation, partnership (or other entity treated as a corporation or
partnership for United States federal income tax purposes) created or organized
in, or under the laws of, the United States, any state thereof, or the District
of Columbia (except in the case of a partnership, to the extent provided in
Treasury Regulations) provided that, for purposes solely of the restrictions
on
the transfer of Residual Certificates, no partnership or other entity treated
as
a partnership for United States federal income tax purposes shall be treated
as
a United States Person unless all persons that own an interest in such
partnership either directly or through any entity that is not a corporation
for
United States federal income tax purposes are required by the applicable
operative agreement to be United States Persons, or an estate the income of
which from sources without the United States is includible in gross income
for
United States federal income tax purposes regardless of its connection with
the
conduct of a trade or business within the United States, or a trust if a court
within the United States is able to exercise primary supervision over the
administration of the trust and one or more United States persons have authority
to control all substantial decisions of the trust. The term “United States”
shall have the meaning set forth in Section 7701 of the Code or successor
provisions.
“Unpaid
Interest Shortfall Amount”: With respect to any Class of the Floating Rate
Certificates and (i) the first Distribution Date, zero, and (ii) any
Distribution Date after the first Distribution Date, the amount, if any, by
which (a) the sum of (1) the Monthly Interest Distributable Amount for such
Class for the immediately preceding Distribution Date and (2) the outstanding
Unpaid Interest Shortfall Amount, if any, for such Class for such preceding
Distribution Date exceeds (b) the aggregate amount distributed on such Class
in
respect of interest pursuant to clause (a) of this definition on such preceding
Distribution Date, plus interest on the amount of interest due but not
distributed on the Certificates of such Class on such preceding Distribution
Date, to the extent permitted by law, at the Pass-Through Rate for such Class
for the related Accrual Period.
“Value”:
With respect to any Mortgaged Property, the lesser of (i) the value thereof
as
determined by an appraisal made for the originator of the Mortgage Loan at
the
time of origination of the Mortgage Loan by an appraiser who met the minimum
requirements of Xxxxxx Xxx and Xxxxxxx Mac and (ii) if applicable, the purchase
price paid for the related Mortgaged Property by the Mortgagor with the proceeds
of the Mortgage Loan.
“Voting
Rights”: The portion of the voting rights of all of the Certificates which is
allocated to any Certificate. At all times the Floating Rate Certificates and
the Class C Certificates shall have 98% of the Voting Rights (allocated among
the Holders of the Floating Rate Certificates and the Class C Certificates
in
proportion to the then outstanding Certificate Principal Balances of their
respective Certificates), the Class P Certificates shall have 1% of the Voting
Rights and the Residual Certificates shall have 1% of the Voting Rights. The
Voting Rights allocated to any Class of Certificates (other than the Class
P
Certificates and the Residual Certificates) shall be allocated among all Holders
of each such Class in proportion to the outstanding Certificate Principal
Balance of such Certificates, and the Voting Rights allocated to the Class
P
Certificates and the Residual Certificates shall be allocated among all Holders
of each such Class in proportion to such Holders’ respective Percentage
Interest; provided, however that when none of the Regular Certificates are
outstanding, 100% of the Voting Rights shall be allocated among Holders of
the
Residual Certificates in accordance with such Holders’ respective Percentage
Interests in the Certificates of such Class. The Class L Certificates
shall have no Voting Rights.
SECTION
1.02
|
Accounting.
|
Unless
otherwise specified herein, for the purpose of any definition or calculation,
whenever amounts are required to be netted, subtracted or added or any
distributions are taken into account such definition or calculation and any
related definitions or calculations shall be determined without duplication
of
such functions.
SECTION
1.03
|
Allocation
of Certain Interest Shortfalls.
|
For
purposes of calculating the amount of the Monthly Interest Distributable Amount
for the Floating Rate Certificates and the Class C Certificates for any
Distribution Date, (1) the aggregate amount of any Net Prepayment Interest
Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the
Mortgage Loans for any Distribution Date shall be allocated first, among the
Class C Certificates on a pro rata basis based on, and to the extent
of, one month’s interest at the then applicable Pass-Through Rate on the
Notional Amount of each such Certificate and, thereafter, among the Floating
Rate Certificates on a pro rata basis based on, and to the extent of,
one month’s interest at the then applicable respective Pass-Through Rate on the
respective Certificate Principal Balance of each such Certificate and (2) the
aggregate amount of any Realized Losses and Net WAC Rate Carryover Amounts
shall
be allocated among the Class C Certificates on a pro rata basis based
on, and to the extent of, one month’s interest at the then applicable
Pass-Through Rate on the Notional Amount of each such Certificate.
For
purposes of calculating the amount of Uncertificated Accrued Interest for the
REMIC 1 Regular Interests for any Distribution Date the aggregate amount of
any
Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls
incurred in respect of the Mortgage Loans shall be allocated first, to REMIC
1
Regular Interest I and to the REMIC 1 Regular Interests ending with the
designation “B”, pro rata based on, and to the extent of, one month’s
interest at the then applicable respective Uncertificated REMIC 1 Pass-Through
Rates on the respective Uncertificated Principal Balances of each such REMIC
1
Regular Interest, and then, to REMIC 1 Regular Interests ending with the
designation “A”, pro rata based on, and to the extent of, one month’s interest
at the then applicable respective Uncertificated REMIC 1 Pass-Through Rates
on
the respective Uncertificated Principal Balances of each such REMIC 1 Regular
Interest.
For
purposes of calculating the amount of Uncertificated Accrued Interest for the
REMIC 2 Regular Interests for any Distribution Date, the aggregate amount of
any
Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls
incurred in respect of the Mortgage Loans for any Distribution Date shall be
allocated among REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTIA1,
REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2
Regular Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular
Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3,
REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular
Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8,
REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10 and REMIC 2
Regular Interest LTZZ pro rata based on, and to the extent of, one
month’s interest at the then applicable respective Uncertificated REMIC 2
Pass-Through Rate on the respective Uncertificated Principal Balance of each
such REMIC 2 Regular Interest. For the purpose of calculating the amount of
Uncertificated Accrued Interest for the Class C Interest for any Distribution
Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any
Relief Act Interest Shortfalls allocated to the Class C Certificates shall
be
allocated to the Class C Interest.
SECTION
1.04
|
Rights
of the NIMS Insurer.
|
Each
of
the rights of the NIMS Insurer set forth in this Agreement shall exist so long
as (i) the NIMS Insurer has undertaken to guarantee certain payments of notes
issued pursuant to an Indenture and (ii) any series of notes issued pursuant
to
one or more Indentures remain outstanding or the NIMS Insurer is owed amounts
in
respect of its guarantee of payment on such notes; provided, however, the NIMS
Insurer shall not have any rights hereunder (except pursuant to Section 11.01
in
the case of clause (ii) below) so long as (i) the NIMS Insurer has not
undertaken to guarantee certain payments of notes issued pursuant to the
Indenture or (ii) any default has occurred and is continuing under the insurance
policy issued by the NIMS Insurer with respect to such notes.
ARTICLE
II
CONVEYANCE
OF MORTGAGE LOANS; ORIGINAL
ISSUANCE OF CERTIFICATES
SECTION
2.01
|
Conveyance
of Mortgage Loans.
|
The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse for the benefit of the Certificateholders all the right, title and
interest of the Depositor, including any security interest therein for the
benefit of the Depositor, in and to (i) each Mortgage Loan identified on the
Mortgage Loan Schedule, including the related Cut-off Date Principal Balance,
all interest accruing thereon on and after the Cut-off Date and all collections
in respect of interest and principal due after the Cut-off Date; (ii) property
which secured each such Mortgage Loan and which has been acquired by foreclosure
or deed in lieu of foreclosure; (iii) its interest in any insurance policies
in
respect of the Mortgage Loans; (iv) the rights of the Depositor under the Master
Agreement (as assigned to the Depositor pursuant to the terms of the Assignment
Agreement), (v) the right to receive any amounts payable under the Basis Risk
Cap Agreement and the Interest Rate Swap Agreement, (vi) payments made to the
Cap Trustee by the Interest Rate Cap Provider and the Cap Account, (vii) all
other assets included or to be included in the Trust Fund and (viii) all
proceeds of any of the foregoing. Such assignment includes all
interest and principal due and collected by the Depositor or the Servicer after
the Cut-off Date with respect to the Mortgage Loans.
In
connection with such transfer and assignment, the Depositor, does hereby deliver
to, and deposit with the Custodian on behalf of the Trustee, the following
documents or instruments with respect to each Mortgage Loan so transferred
and
assigned (with respect to each Mortgage Loan, a “Mortgage File”):
(i) the
original Mortgage Note, endorsed either (A) in blank or (B) in the following
form: “Pay to the order of Xxxxx Fargo Bank, N.A., as Trustee, without recourse”
or with respect to any lost Mortgage Note, an original Lost Note Affidavit
stating that the original mortgage note was lost, misplaced or destroyed,
together with a copy of the related mortgage note; provided, however, that
such
substitutions of Lost Note Affidavits for original Mortgage Notes may occur
only
with respect to Mortgage Loans, the aggregate Cut-off Date Principal Balance
of
which is less than or equal to 1.00% of the Pool Balance as of the Cut-off
Date;
(ii) the
original Mortgage, with evidence of recording thereon, and the original recorded
power of attorney, if the Mortgage was executed pursuant to a power of attorney,
with evidence of recording thereon or, if such Mortgage or power of attorney
has
been submitted for recording but has not been returned from the applicable
public recording office, has been lost or is not otherwise available, a copy
of
such Mortgage or power of attorney, as the case may be, certified to be a true
and complete copy of the original submitted for recording;
(iii) an
original Assignment, in form and substance acceptable for recording. The
Mortgage shall be assigned either (A) in blank or (B) to “Xxxxx Fargo Bank,
N.A., as Trustee, without recourse”;
(iv) an
original of any intervening assignment of Mortgage showing a complete chain
of
assignments;
(v) the
original or a certified copy of lender’s title insurance policy;
and
(vi) the
original or copies of each assumption, modification, written assurance or
substitution agreement, if any.
The
Depositor herewith also delivers to the Trustee an executed copy of the
Assignment Agreement and the Master Agreement.
The
Trustee agrees to execute and deliver (or cause the Custodian to execute and
deliver) to the Depositor on or prior to the Closing Date an acknowledgment
of
receipt of the original Mortgage Note (with any exceptions noted), substantially
in the form attached as Exhibit F-3 hereto.
If
any of
the documents referred to in Section 2.01(ii), (iii) or (iv) above has as of
the
Closing Date been submitted for recording but either (x) has not been returned
from the applicable public recording office or (y) has been lost or such public
recording office has retained the original of such document, the obligations
of
the Depositor to deliver such documents shall be deemed to be satisfied upon
(1)
delivery to the Custodian on behalf of the Trustee no later than the Closing
Date, of a copy of each such document certified by the Originator in the case
of
(x) above or the applicable public recording office in the case of (y) above
to
be a true and complete copy of the original that was submitted for recording
and
(2) if such copy is certified by the Originator, delivery to the Custodian
on
behalf of the Trustee, promptly upon receipt thereof of either the original
or a
copy of such document certified by the applicable public recording office to
be
a true and complete copy of the original. If the original lender’s
title insurance policy, or a certified copy thereof, was not delivered pursuant
to Section 2.01(v) above, the Depositor shall deliver or cause to be delivered
to the Custodian on behalf of the Trustee, the original or a copy of a written
commitment or interim binder or preliminary report of title issued by the title
insurance or escrow company, with the original or a certified copy thereof
to be
delivered to the Custodian on behalf of the Trustee, promptly upon receipt
thereof. The Servicer or the Depositor shall deliver or cause to be delivered
to
the Custodian on behalf of the Trustee promptly upon receipt thereof any other
documents constituting a part of a Mortgage File received with respect to any
Mortgage Loan, including, but not limited to, any original documents evidencing
an assumption or modification of any Mortgage Loan.
Upon
discovery or receipt of notice of any materially defective document in, or
that
a document is missing from, a Mortgage File, the Trustee shall enforce the
obligations of the Originator under the Master Agreement to cure such defect
or
deliver such missing document to the Trustee or the Custodian within 90
days. If the Originator does not cure such defect or deliver such
missing document within such time period, the Trustee shall use commercially
reasonable efforts to enforce the obligations of the Originator to either
repurchase or substitute for such Mortgage Loan in accordance with Section
2.03
and the Depositor hereby agrees to direct and assist the Trustee in enforcing
any obligations of the Originator to repurchase or substitute for a Mortgage
Loan which has breached a representation or warranty under the Master
Agreement. In connection with the foregoing, it is understood that
the Custodian on behalf of the Trustee shall have no duty to discover any such
defects except in the course of performing its review of the Mortgage Files
to
the extent set forth herein.
The
Trustee shall enforce the obligations of the Originator under the Master
Agreement to cause the Assignments which were delivered in blank to be completed
and to record all Assignments referred to in Section 2.01(iii) hereof and,
to
the extent necessary, in Section 2.01(iv) hereof. The Trustee shall enforce
the
obligations of the Originator under the Master Agreement to deliver such
assignments for recording within 180 days of the Closing Date. In the
event that any such Assignment is lost or returned unrecorded because of a
defect therein, the Trustee shall enforce the obligations of the Originator
under the Master Agreement to promptly have a substitute Assignment prepared
or
have such defect cured, as the case may be, and thereafter cause each such
Assignment to be duly recorded.
Notwithstanding
the foregoing, for administrative convenience and facilitation of servicing
and
to reduce closing costs, the Assignments shall not be required to be submitted
for recording (except with respect to any Mortgage Loan located in Maryland
or
Kentucky) unless the Trustee (or the Custodian on behalf of the Trustee) and
the
Depositor receive notice that such failure to record would result in a
withdrawal or a downgrading by any Rating Agency of the rating on any Class
of
Certificates; provided, however, each Assignment, shall be submitted for
recording in the manner described above, at no expense to the Trust Fund or
Trustee, upon the earliest to occur of: (i) reasonable direction by
the Holders of Certificates entitled to at least 25% of the Voting Rights,
(ii)
the occurrence of a Servicer Event of Termination, (iii) the occurrence of
a
bankruptcy, insolvency or foreclosure relating to the Originator, (iv) the
occurrence of a servicing transfer as described in Section 7.02 hereof, (v)
upon
receipt of notice from the Servicer, the occurrence of a bankruptcy, insolvency
or foreclosure relating to the Mortgagor under the related Mortgage, (vi) upon
receipt of notice from the Servicer, any Mortgage Loan that is 90 days or more
Delinquent and such recordation would be necessary to facilitate conversion
of
the Mortgaged Property in accordance with Section 3.16 and (vii) reasonable
direction by the NIMS Insurer. In the event of (i) through (vii) set
forth in the immediately preceding sentence, the Trustee shall enforce the
obligations of the Originator to deliver such Assignments for recording as
provided above, promptly and in any event within 30 days following receipt
of
notice by the Originator. Notwithstanding the foregoing, if the Originator
fails
to pay the cost of recording the Assignments, such expense will be paid by
the
Trustee and the Trustee shall be reimbursed for such expenses by the
Trust.
The
Servicer shall forward to the Custodian original documents evidencing an
assumption, modification, consolidation or extension of any Mortgage Loan
entered into in accordance with this Agreement within two weeks of their
execution; provided, however, that the Servicer shall provide the Custodian
with
a certified true copy of any such document submitted for recordation within
two
weeks of its execution, and shall provide the original of any document submitted
for recordation or a copy of such document certified by the appropriate public
recording office to be a true and complete copy of the original within 365
days
of its submission for recordation. In the event that the Servicer cannot provide
a copy of such document certified by the public recording office within such
365
day period, the Servicer shall deliver to the Custodian, within such 365 day
period, an Officers’ Certificate of the Servicer which shall (A) identify the
recorded document, (B) state that the recorded document has not been delivered
to the Custodian due solely to a delay caused by the public recording office,
(C) state the amount of time generally required by the applicable recording
office to record and return a document submitted for recordation, if known
and
(D) specify the date the applicable recorded document is expected to be
delivered to the Custodian, and, upon receipt of a copy of such document
certified by the public recording office, the Servicer shall immediately deliver
such document to the Custodian. In the event the appropriate public recording
office will not certify as to the accuracy of such document, the Servicer shall
deliver a copy of such document certified by an officer of the Servicer to
be a
true and complete copy of the original to the Custodian.
The
parties hereto understand and agree that it is not intended that any Mortgage
Loan be included in the Trust that is a “high-cost home loan” as defined by the
Homeownership and Equity Protection Act of 1994 or any other applicable
predatory or abusive lending laws.
SECTION
2.02
|
Acceptance
by Trustee.
|
Subject
to the provisions of Section 2.01 and subject to the review described below
and
any exceptions noted on the exception report described in the next paragraph
below, the Trustee acknowledges receipt by it (or the Custodian on its behalf)
of the documents referred to in Section 2.01 above and all other assets included
in the definition of “Trust Fund” and declares that it (or the Custodian on its
behalf) holds and will hold such documents and the other documents delivered
to
it constituting a Mortgage File, and that it holds or will hold all such assets
and such other assets included in the definition of “Trust Fund” in trust for
the exclusive use and benefit of all present and future
Certificateholders.
The
Trustee agrees that it (or a Custodian will agree on its behalf) shall, for
the
benefit of the Certificateholders, review, or that it or a Custodian on its
behalf has reviewed pursuant to Section 2.01 each Mortgage File on or prior
to
the Closing Date, with respect to each Mortgage Loan (or, with respect to any
document delivered after the Startup Day, within 45 days of receipt and with
respect to any Qualified Substitute Mortgage Loan, within 45 days after the
assignment thereof). The Trustee further agrees that it or a
Custodian on its behalf shall, for the benefit of the Certificateholders,
certify to the Depositor and the Servicer (with a copy to the NIMS Insurer)
in
substantially the form attached hereto as Exhibit F-1, within 45 days after
the
Closing Date, with respect to each Mortgage Loan (or, with respect to any
document delivered after the Startup Day, within 45 days of receipt and with
respect to any Qualified Substitute Mortgage, within 45 days after the
assignment thereof) that, as to each Mortgage Loan listed in the respective
Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any
Mortgage Loan specifically identified in the exception report annexed thereto
as
not being covered by such certification), (i) all documents required to be
delivered to it (or the Custodian on its behalf) pursuant to Section 2.01 of
this Agreement are in its possession, (ii) such documents have been reviewed
by
it (or the Custodian on its behalf) and have not been mutilated, damaged or
torn
and appear on their face to relate to such Mortgage Loan and (iii) based on
its
examination and only as to the foregoing, the information set forth in the
Mortgage Loan Schedule that corresponds to items (1) and (3) of the Mortgage
Loan Schedule accurately reflects information set forth in the Mortgage File.
It
is herein acknowledged that, in conducting such review, the Trustee (or the
Custodian, as applicable) is under no duty or obligation to inspect, review
or
examine any such documents, instruments, certificates or other papers to
determine that they are genuine, legally enforceable, valid or binding or
appropriate for the represented purpose or that they have actually been recorded
or that they are other than what they purport to be on their face.
Prior
to
the first anniversary date of this Agreement the Trustee (or the Custodian
on
its behalf) shall deliver to the Depositor and the Servicer, with a copy to
the
NIMS Insurer a final certification in the form annexed hereto as Exhibit F-2,
with any applicable exceptions noted thereon.
If
in the
process of reviewing the Mortgage Files and making or preparing, as the case
may
be, the certifications referred to above, the Trustee (or the Custodian, as
applicable) finds any document or documents constituting a part of a Mortgage
File to be missing or not to conform with respect to any characteristics which
are within the scope of the Trustee’s (or the Custodian’s, as applicable) review
as provided herein, at the conclusion of its review, the Trustee shall so notify
the Originator, the Depositor, the NIMS Insurer and the Servicer. In addition,
upon the discovery by the Depositor, the NIMS Insurer or the Servicer (or upon
receipt by the Trustee of written notification of such breach) of a breach
of
any of the representations and warranties made by the Originator in the Master
Agreement or the Seller in the Assignment Agreement in respect of any Mortgage
Loan which materially adversely affects such Mortgage Loan or the interests
of
the related Certificateholders in such Mortgage Loan, the party discovering
such
breach shall give prompt written notice to the NIMS Insurer and the other
parties to this Agreement.
Notwithstanding
anything to the contrary in this Agreement, in no event shall the Trustee be
liable to any party hereto or to any third party for the performance of any
custody-related functions, including without limitation with respect to which
the Custodian shall fail to take action on behalf of the Trustee or failure
by
the Custodian to perform any custody related functions in the event the
Custodian shall fail to satisfy all the related requirements under this
Agreement.
The
Depositor and the Trustee intend that the assignment and transfer herein
contemplated constitute a sale of the Mortgage Loans, the related Mortgage
Notes
and the related documents, conveying good title thereto free and clear of any
liens and encumbrances, from the Depositor to the Trustee in trust for the
benefit of the Certificateholders and that such property not be part of the
Depositor’s estate or property of the Depositor in the event of any insolvency
by the Depositor. In the event that such conveyance is deemed to be, or to
be
made as security for, a loan, the parties intend that the Depositor shall be
deemed to have granted and does hereby grant to the Trustee a first priority
perfected security interest in all of the Depositor’s right, title and interest
in and to the Mortgage Loans, the related Mortgage Notes and the related
documents, and that this Agreement shall constitute a security agreement under
applicable law.
SECTION
2.03
|
Repurchase
or Substitution of Mortgage Loans by the Originator or the
Seller.
|
(a) Upon
discovery or receipt of written notice from the Trustee of any materially
defective document in, or that a document is missing from, a Mortgage File
or of
the breach by the Originator or the Seller, as applicable, of any
representation, warranty or covenant under the Master Agreement or the
Assignment Agreement, as applicable, in respect of any Mortgage Loan which
materially adversely affects the value of such Mortgage Loan or the interest
therein of the Certificateholders, the Trustee shall request that the Originator
deliver such missing document or that the Originator or the Seller cure such
defect or breach within 90 days from the date the Originator or the Seller
was
notified of such missing document, defect or breach, and if the Originator
or
the Seller does not deliver such missing document or cure such defect or breach
in all material respects during such period, the Trustee shall enforce (in
the
manner set forth in Section 2.01) the Originator’s obligation under the Master
Agreement or the Assignment Agreement or the Seller’s obligation under the
Assignment Agreement and notify the Originator or the Seller, as applicable,
of
its obligation to repurchase such Mortgage Loan from the Trust Fund at the
Purchase Price on or prior to the Determination Date following the expiration
of
such 90 day period (subject to Section 2.03(e)). The Purchase Price for the
repurchased Mortgage Loan shall be remitted to the Servicer for deposit in
the
Collection Account, and the Trustee, upon receipt of written certification
from
the Servicer of such deposit, shall release (or cause the Custodian to release)
to the Originator or the Seller, as applicable, the related Mortgage
File and the Trustee shall execute and deliver such instruments of
transfer or assignment, in each case without recourse, as the Originator or
the
Seller, as applicable, shall furnish to it and as shall be necessary to vest
in
the Originator or Seller, as applicable, any Mortgage Loan released pursuant
hereto and the Trustee shall have no further responsibility with regard to
such
Mortgage File (it being understood that the Trustee shall have no responsibility
for determining the sufficiency of such assignment for its intended purpose).
In
lieu of repurchasing any such Mortgage Loan as provided above, the Originator
or
the Seller, as applicable, may cause such Mortgage Loan to be removed from
the
Trust Fund (in which case it shall become a Deleted Mortgage Loan) and
substitute one or more Qualified Substitute Mortgage Loans in the manner and
subject to the limitations set forth in Section 2.03(d); provided, however,
the
Seller may not substitute for any Mortgage Loan which breaches a representation
or warranty regarding abusive or predatory lending laws. It is understood and
agreed that the obligation of the Originator or the Seller, as applicable,
to
cure or to repurchase (or to substitute for) any Mortgage Loan as to which
a
document is missing, a material defect in a constituent document exists or
as to
which such a breach has occurred and is continuing shall constitute the sole
remedy against the Originator or the Seller, as applicable, respecting such
omission, defect or breach available to the Trustee on behalf of the
Certificateholders. In order to facilitate the discovery of any
materially defective document in, or that a document is missing from, a Mortgage
File or of the breach by the Originator of any representation, warranty or
covenant under the Master Agreement in respect of any Mortgage Loan which
materially adversely affects the value of that Mortgage Loan or the interest
therein of the Certificateholders, the Depositor shall have the right to request
from the Originator, on behalf of the Trust Fund, a copy of the Mortgage File
(including any documents related thereto, such as payment histories, collection
screens and payoff amounts) from the Originator, or if any portion or copy
of
such Mortgage File is being held by the Servicer or the Custodian, from the
Servicer or the Custodian, as applicable and the Originator, the Servicer or
the
Custodian, as applicable, are hereby authorized to deliver such file to the
Depositor. In addition, within 5 Business Days after request by the
Depositor therefor, the Trustee, in its capacity as Custodian, shall provide
a
copy of any Mortgage File in its possession to the Depositor. The
Depositor shall pay any costs and expenses of the Custodian incurred in
connection with the provision or examination of any such Mortgage File requested
pursuant to the preceding sentence.
(b) Within
90
days of the earlier of discovery by the Depositor or receipt of notice by the
Depositor of the breach of any representation, warranty or covenant of the
Depositor set forth in Section 2.06, which materially and adversely affects
the
interests of the Certificateholders in any Mortgage Loan, the Depositor shall
cure such breach in all material respects.
(c) Within
90
days of the earlier of discovery by the Servicer or receipt of notice by the
Servicer of the breach of any representation, warranty or covenant of the
Servicer set forth in Section 2.05 which materially and adversely affects the
interests of the Certificateholders in any Mortgage Loan, the Servicer shall
cure such breach in all material respects.
(d) Any
substitution of Qualified Substitute Mortgage Loans for Deleted Mortgage Loans
made pursuant to Section 2.03(a) must be effected prior to the last Business
Day
that is within two years after the Closing Date. As to any Deleted Mortgage
Loan
for which the Originator or the Seller, as applicable, substitutes a Qualified
Substitute Mortgage Loan or Loans, such substitution shall be effected by the
Originator or the Seller, as applicable, delivering to the Trustee (or the
Custodian on behalf of the Trustee), for such Qualified Substitute Mortgage
Loan
or Loans, the Mortgage Note, the Mortgage and the Assignment to the Trustee,
and
such other documents and agreements, with all necessary endorsements thereon,
as
are required by Section 2.01, together with an Officers’ Certificate providing
that each such Qualified Substitute Mortgage Loan satisfies the definition
thereof and specifying the Substitution Adjustment (as described below), if
any,
in connection with such substitution. The Trustee shall acknowledge (or cause
the Custodian to acknowledge) receipt for such Qualified Substitute Mortgage
Loan or Loans and, within 45 days thereafter, shall review such documents as
specified in Section 2.02 and deliver to the Depositor and the Servicer (with
a
copy to the NIMS Insurer), with respect to such Qualified Substitute Mortgage
Loan or Loans, a certification substantially in the form attached hereto as
Exhibit F-1, with any applicable exceptions noted thereon. Within one year
of
the date of substitution, the Trustee shall deliver (or cause the Custodian
to
deliver) to the Depositor and the Servicer (with a copy to the NIMS Insurer)
a
certification substantially in the form of Exhibit F-2 hereto with respect
to
such Qualified Substitute Mortgage Loan or Loans, with any applicable exceptions
noted thereon. Monthly Payments due with respect to Qualified Substitute
Mortgage Loans in the month of substitution are not part of the Trust Fund
and
will be retained by the Originator or the Seller, as applicable. For the month
of substitution, distributions to Certificateholders will reflect the
collections and recoveries in respect of such Deleted Mortgage Loan in the
Due
Period preceding the month of substitution and the Originator or the Seller,
as
applicable, shall thereafter be entitled to retain all amounts subsequently
received in respect of such Deleted Mortgage Loan. The Depositor
shall give or cause to be given written notice to the Trustee and the NIMS
Insurer, who shall forward such notice to the Certificateholders, that such
substitution has taken place, shall amend the Mortgage Loan Schedule to reflect
the removal of such Deleted Mortgage Loan from the terms of this Agreement
and
the substitution of the Qualified Substitute Mortgage Loan or Loans and shall
deliver a copy of such amended Mortgage Loan Schedule to the Trustee and the
Custodian and the NIMS Insurer. Upon such substitution by the
Originator or the Seller, as applicable, such Qualified Substitute Mortgage
Loan
or Loans shall constitute part of the Mortgage Pool and shall be subject in
all
respects to the terms of this Agreement and the Assignment Agreement, including
all applicable representations and warranties thereof included in the Assignment
Agreement as of the date of substitution.
For
any
month in which the Originator or the Seller, as applicable, substitutes one
or
more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans,
the Servicer will determine the amount (the “Substitution Adjustment”), if any,
by which the aggregate Purchase Price of all such Deleted Mortgage Loans exceeds
the aggregate, as to each such Qualified Substitute Mortgage Loan, of the Stated
Principal Balance thereof as of the date of substitution, together with one
month’s interest on such Stated Principal Balance at the applicable Mortgage
Rate. On the date of such substitution, the Originator or the Seller, as
applicable, will deliver or cause to be delivered to the Servicer for deposit
in
the Collection Account an amount equal to the Substitution Adjustment, if any,
and the Trustee, upon receipt of the related Qualified Substitute Mortgage
Loan
or Loans and certification by the Servicer of such deposit, shall release (or
cause the Custodian to release) to the Originator or the Seller, as applicable,
the related Mortgage File or Files and the Trustee shall execute and deliver
such instruments of transfer or assignment, in each case without recourse,
as
the Originator or the Seller, as applicable, shall deliver to it and as shall
be
necessary to vest therein any Deleted Mortgage Loan released pursuant
hereto.
In
addition, pursuant to the terms of the Assignment Agreement, the Originator
or
the Seller, as applicable, shall obtain at its own expense and deliver to the
Trustee and the NIMS Insurer an Opinion of Counsel to the effect that such
substitution will not cause (a) any federal tax to be imposed on the Trust
Fund,
including without limitation, any federal tax imposed on “prohibited
transactions” under Section 860F(a)(I) of the Code or on “contributions after
the startup date” under Section 860G(d)(I) of the Code or (b) any REMIC to fail
to qualify as a REMIC at any time that any Certificate is outstanding. If such
Opinion of Counsel can not be delivered, then such substitution may only be
effected at such time as the required Opinion of Counsel can be
given.
(e) Upon
discovery by the Depositor, the Servicer, the NIMS Insurer or the Trustee that
any Mortgage Loan does not constitute a “qualified mortgage” within the meaning
of Section 860G(a)(3) of the Code, the party discovering such fact shall within
two Business Days give written notice thereof to the other parties hereto.
In
connection therewith, the Originator or the Depositor, as the case may be,
shall
repurchase or, subject to the limitations set forth in Section 2.03(d),
substitute one or more Qualified Substitute Mortgage Loans for the affected
Mortgage Loan within 90 days of the earlier of discovery or receipt of such
notice with respect to such affected Mortgage Loan. Such repurchase or
substitution shall be made (i) by the Originator if the affected Mortgage Loan’s
status as a non-qualified mortgage is or results from a breach of any
representation, warranty or covenant made by the Originator under the Master
Agreement or (ii) the Depositor, if the affected Mortgage Loan’s status as a
non-qualified mortgage is a breach of any representation or warranty of the
Depositor set forth in Section 2.06, or if its status as a non-qualified
mortgage is a breach of no representation or warranty. Any such repurchase
or
substitution shall be made in the same manner as set forth in Section 2.03(a)
or
2.03(d), if made by the Originator, or Section 2.03(b), if made by the
Depositor. The Trustee (or the Custodian on behalf of the Trustee) shall
reconvey to the Depositor or the Originator, as the case may be, the Mortgage
Loan to be released pursuant hereto in the same manner, and on the same terms
and conditions, as it would a Mortgage Loan repurchased for breach of a
representation or warranty.
(f) Upon
discovery or receipt of written notice of a breach by the Seller of any
representation, warranty or covenant made by the Seller under the Assignment
Agreement in respect of any Mortgage Loan which materially adversely affects
the
value of such Mortgage Loan or the interest therein of the Certificateholders,
and if either (i) such Mortgage Loan is not in breach of any representation,
warranty or covenant of the Originator or (ii) the Originator has failed to
remedy such representation, warranty or covenant with respect to such Mortgage
Loan, then the Trustee shall enforce the obligation of the Seller to remedy
such
breach, to the extent provided in the Assignment Agreement, in the manner and
within the time periods set forth in the Assignment Agreement.
SECTION
2.04
|
[Reserved].
|
SECTION
2.05
|
Representations,
Warranties and Covenants of the
Servicer.
|
The
Servicer hereby represents, warrants and covenants to the Trustee, for the
benefit of each of the Trustee and the Certificateholders, and to the Depositor,
that as of the Closing Date or as of such date specifically provided
herein:
(i) The
Servicer is duly organized, validly existing, and in good standing under the
laws of the jurisdiction of its formation and has all licenses necessary to
carry on its business as now being conducted and is licensed, qualified and
in
good standing in the states where the Mortgaged Property is located (or is
otherwise exempt under applicable law from such qualification) if the laws
of
such state require licensing or qualification in order to conduct business
of
the type conducted by the Servicer or to ensure the enforceability or validity
of each Mortgage Loan; the Servicer has the power and authority to execute
and
deliver this Agreement and to perform in accordance herewith; the execution,
delivery and performance of this Agreement (including all instruments of
transfer to be delivered pursuant to this Agreement) and all documents and
instruments contemplated hereby which are executed and delivered by the Servicer
and the consummation of the transactions contemplated hereby have been duly
and
validly authorized; this Agreement and all documents and instruments
contemplated hereby which are executed and delivered by the Servicer, assuming
due authorization, execution and delivery by the other parties hereto, evidences
the valid, binding and enforceable obligation of the Servicer, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other similar
laws affecting the enforcement of creditors’ rights generally; and all requisite
corporate action has been taken by the Servicer to make this Agreement and
all
documents and instruments contemplated hereby which are executed and delivered
by the Servicer valid and binding upon the Servicer in accordance with its
terms;
(ii) The
consummation of the transactions contemplated by this Agreement are in the
ordinary course of business of the Servicer and will not result in the material
breach of any term or provision of the charter or by-laws of the Servicer or
result in the breach of any term or provision of, or conflict with or constitute
a default under or result in the acceleration of any obligation under, any
agreement, indenture or loan or credit agreement or other instrument to which
the Servicer or its property is subject, or result in the violation of any
law,
rule, regulation, order, judgment or decree to which the Servicer or its
property is subject;
(iii) The
execution and delivery of this Agreement by the Servicer and the performance
and
compliance with its obligations and covenants hereunder do not require the
consent or approval of any governmental authority or, if such consent or
approval is required, it has been obtained;
(iv) [Reserved];
(v) The
Servicer does not believe, nor does it have any reason or cause to believe,
that
it cannot perform each and every covenant contained in this
Agreement;
(vi) There
is
no action, suit, proceeding or investigation pending or, to its knowledge,
threatened against the Servicer that, either individually or in the aggregate,
which would reasonably be expected to (A) result in any change in the business,
operations, financial condition, properties or assets of the Servicer that
might
prohibit or materially and adversely affect the performance by such Servicer
of
its obligations under, or the validity or enforceability of, this Agreement,
or
(B) result in any material impairment of the right or ability of the Servicer
to
carry on its business substantially as now conducted, or (C) draw into question
the validity or enforceability of this Agreement or of any action taken or
to be
taken in connection with the obligations of the Servicer contemplated herein,
or
(D) impair materially the ability of the Servicer to perform under the terms
of
this Agreement;
(vii) Neither
this Agreement nor any information, certificate of an officer, statement
furnished in writing or report delivered to the Trustee by the Servicer in
connection with the transactions contemplated hereby contains any untrue
statement of a material fact;
(viii) The
Servicer will not waive any Prepayment Charge unless it is waived in accordance
with the standard set forth in Section 3.01; and
(ix) The
Servicer has fully furnished and will continue to fully furnish, in accordance
with the Fair Credit Reporting Act and its implementing regulations, accurate
and complete information (i.e., favorable and unfavorable) on its borrower
credit files to Equifax, Experian, and Trans Union Credit Information Company
(three of the credit repositories), on a monthly basis.
It
is
understood and agreed that the representations, warranties and covenants set
forth in this Section 2.05 shall survive delivery of the Mortgage Files to
the
Trustee (or the Custodian on behalf of the Trustee) and shall inure to the
benefit of the Trustee, the Depositor and the Certificateholders. Upon discovery
by any of the Depositor, the NIMS Insurer, the Servicer or the Trustee of a
breach of any of the foregoing representations, warranties and covenants which
materially and adversely affects the value of any Mortgage Loan, Prepayment
Charge or the interests therein of the Certificateholders, the party discovering
such breach shall give prompt written notice (but in no event later than two
Business Days following such discovery) to the Servicer, the NIMS Insurer and
the Trustee. Notwithstanding the foregoing, within 90 days of the earlier of
discovery by the Servicer or receipt of notice by the Servicer of the breach
of
the representation or covenant of the Servicer set forth in Section 2.05(viii)
above which materially and adversely affects the interests of the Holders of
the
Class P Certificates in any Prepayment Charge, the Servicer must pay the amount
of such waived Prepayment Charge, for the benefit of the Holders of the Class
P
Certificates, by depositing such amount into the Collection
Account. The foregoing shall not, however, limit any remedies
available to the Certificateholders, the Depositor or the Trustee on behalf
of
the Certificateholders, pursuant to the Master Agreement respecting a breach
of
the representations, warranties and covenants of the Originator.
SECTION
2.06
|
Representations
and Warranties of the Depositor.
|
The
Depositor represents and warrants to the Trust, the Servicer and the Trustee
on
behalf of the Certificateholders as follows:
(i) This
agreement constitutes a legal, valid and binding obligation of the Depositor,
enforceable against the Depositor in accordance with its terms, except as
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws now or hereafter in effect
affecting the enforcement of creditors’ rights in general and except as such
enforceability may be limited by general principles of equity (whether
considered in a proceeding at law or in equity);
(ii) Immediately
prior to the sale and assignment by the Depositor to the Trustee on behalf
of
the Trust of each Mortgage Loan, the Depositor had good and marketable title
to
each Mortgage Loan (insofar as such title was conveyed to it by the Seller)
subject to no prior lien, claim, participation interest, mortgage, security
interest, pledge, charge or other encumbrance or other interest of any
nature;
(iii) As
of the
Closing Date, the Depositor has transferred all right, title and interest in
the
Mortgage Loans to the Trustee on behalf of the Trust;
(iv) The
Depositor has not transferred the Mortgage Loans to the Trustee on behalf of
the
Trust with any intent to hinder, delay or defraud any of its
creditors;
(v) The
Depositor has been duly incorporated and is validly existing as a corporation
in
good standing under the laws of Delaware, with full corporate power and
authority to own its assets and conduct its business as presently being
conducted;
(vi) The
Depositor is not in violation of its articles of incorporation or by-laws or
in
default in the performance or observance of any material obligation, agreement,
covenant or condition contained in any contract, indenture, mortgage, loan
agreement, note, lease or other instrument to which the Depositor is a party
or
by which it or its properties may be bound, which default might result in any
material adverse changes in the financial condition, earnings, affairs or
business of the Depositor or which might materially and adversely affect the
properties or assets, taken as a whole, of the Depositor;
(vii) The
execution, delivery and performance of this Agreement by the Depositor, and
the
consummation of the transactions contemplated thereby, do not and will not
result in a material breach or violation of any of the terms or provisions
of,
or, to the knowledge of the Depositor, constitute a default under, any
indenture, mortgage, deed of trust, loan agreement or other agreement or
instrument to which the Depositor is a party or by which the Depositor is bound
or to which any of the property or assets of the Depositor is subject, nor
will
such actions result in any violation of the provisions of the articles of
incorporation or by-laws of the Depositor or, to the best of the Depositor’s
knowledge without independent investigation, any statute or any order, rule
or
regulation of any court or governmental agency or body having jurisdiction
over
the Depositor or any of its properties or assets (except for such conflicts,
breaches, violations and defaults as would not have a material adverse effect
on
the ability of the Depositor to perform its obligations under this
Agreement);
(viii) To
the
best of the Depositor’s knowledge without any independent investigation, no
consent, approval, authorization, order, registration or qualification of or
with any court or governmental agency or body of the United States or any other
jurisdiction is required for the issuance of the Certificates, or the
consummation by the Depositor of the other transactions contemplated by this
Agreement, except such consents, approvals, authorizations, registrations or
qualifications as (a) may be required under State securities or Blue Sky laws,
(b) have been previously obtained or (c) the failure of which to obtain would
not have a material adverse effect on the performance by the Depositor of its
obligations under, or the validity or enforceability of, this
Agreement;
(ix) There
are
no actions, proceedings or investigations pending before or, to the Depositor’s
knowledge, threatened by any court, administrative agency or other tribunal
to
which the Depositor is a party or of which any of its properties is the subject:
(a) which if determined adversely to the Depositor would have a material adverse
effect on the business, results of operations or financial condition of the
Depositor; (b) asserting the invalidity of this Agreement or the Certificates;
(c) seeking to prevent the issuance of the Certificates or the consummation
by
the Depositor of any of the transactions contemplated by this Agreement, as the
case may be; or (d) which might materially and adversely affect the performance
by the Depositor of its obligations under, or the validity or enforceability
of,
this Agreement; and
(x) The
beneficial owner of the payments made under the Interest Rate Swap Agreement,
the Interest Rate Cap Agreement or the Basis Risk Cap Agreement is either (i)
a
“U.S. person” (as that term is used in section 1.1441-4(a)(3)(ii) of United
States Treasury Regulations) for United States federal income tax purposes
and
an “Exempt recipient” within the meaning of section 1.6049-4(c)(1)(ii) of United
States Treasury Regulations, or (ii) a “non-U.S. branch of a foreign person” as
that term is used in section 1.1441-4(a)(3)(ii) of the United States Treasury
Regulations (the “Regulations”) for United States federal income tax purposes,
and it is a “foreign person” as that term is used in section 1.6041-4(a)(4) of
the Regulations for United States federal income tax
purposes. The Depositor understands that both the Trust and the
Trustee are relying on this information in connection with the execution of
the
Interest Rate Swap Agreement, the Interest Rate Cap Agreement and the Basis
Risk
Cap Agreement.
SECTION
2.07
|
Issuance
of Certificates.
|
The
Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery
to it (or the Custodian on behalf of the Trustee) of the Mortgage Files, subject
to any exceptions noted by the Custodian in its exception report delivered
pursuant to Section 2.02, together with the assignment to it of all other assets
included in the Trust Fund, receipt of which is hereby acknowledged.
Concurrently with such assignment and delivery and in exchange therefor, the
Trustee, pursuant to the written request of the Depositor executed by an officer
of the Depositor, has executed, authenticated and delivered to or upon the
order
of the Depositor, the Certificates in authorized denominations. The interests
evidenced by the Certificates constitute the entire beneficial ownership
interest in the Trust Fund.
SECTION
2.08
|
Authorization
to Enter into Basis Risk Cap Agreement, Interest Rate Cap Agreement
and
Interest Rate Swap Agreement.
|
(a) The
Trustee is hereby directed to execute and deliver the Basis Risk Cap Agreement
on behalf of Party B (as defined therein) and to exercise the rights, perform
the obligations, and make the representations of Party B thereunder, solely
in
its capacity as Trustee on behalf of Party B (as defined therein) and not in
its
individual capacity. The Servicer, the Depositor and the
Certificateholders (by acceptance of their Certificates) acknowledge and agree
that (i) the Trustee shall execute and deliver the Basis Risk Cap Agreement
on
behalf of Party B (as defined therein) and (ii) the Trustee shall exercise
the
rights, perform the obligations, and make the representations of Party B
thereunder, solely in its capacity as Trustee on behalf of Party B as defined
therein) and not in its individual capacity.
(b) The
Trustee, not in its individual capacity but solely in its separate capacity
as
Cap Trustee, is hereby directed to exercise the rights, perform the obligations,
and make any representations to be exercised, performed, or made by the Cap
Trustee, as described herein. The Cap Trustee is hereby directed to
execute and deliver the Cap Allocation Agreement and the Interest Rate Cap
Agreement on behalf of Party B (as defined in the Interest Rate Cap Agreement)
and to exercise the rights, perform the obligations, and make the
representations of Party B, solely in its capacity as Cap Trustee on behalf
of
Party B (as defined in the Interest Rate Cap Agreement) and not in its
individual capacity. The Servicer, the Depositor and the
Certificateholders (by acceptance of their Certificates) acknowledge and agree
that (i) the Cap Trustee shall execute and deliver the Cap Allocation Agreement
and the Interest Rate Cap Agreement on behalf of Party B (as defined in the
Interest Rate Cap Agreement), (ii) the Cap Trustee shall exercise the rights,
perform the obligations, and make the representations of Party B thereunder,
solely in its capacity as Cap Trustee on behalf of Party B (as defined in the
Interest Rate Cap Agreement) and not in its individual capacity and (iii) the
Trustee on the Cap Trustee’s behalf shall also be entitled to exercise the
rights and obligated to perform the obligations of Party B under the Interest
Rate Cap Agreement. Every provision of this Agreement relating to the
conduct or affecting the liability of or affording protection to the Trustee
shall apply to the Trustee’s execution (as Cap Trustee) of the Interest Rate Cap
Agreement, and the performance of its duties and satisfaction of its obligations
thereunder.
(c) The
Trustee, not in its individual capacity but solely in its separate capacity
as
Supplemental Interest Trust Trustee, is hereby directed to exercise the rights,
perform the obligations, and make any representations to be exercised,
performed, or made by the Supplemental Interest Trust Trustee, as described
herein. The Supplemental Interest Trust Trustee is hereby directed to execute
and deliver the Interest Rate Swap Agreement on behalf of Party B (as defined
therein) and to exercise the rights, perform the obligations, and make the
representations of Party B thereunder, solely in its capacity as Supplemental
Interest Trust Trustee on behalf of Party B (as defined therein) and not in
its
individual capacity. The Servicer, the Depositor and the
Certificateholders (by acceptance of their Certificates) acknowledge and agree
that (i) the Supplemental Interest Trust Trustee shall execute and deliver
the
Interest Rate Swap Agreement on behalf of Party B (as defined therein), (ii)
the
Supplemental Interest Trust Trustee shall exercise the rights, perform the
obligations, and make the representations of Party B thereunder, not in its
individual capacity but, solely in its capacity as Supplemental Interest Trust
Trustee on behalf of Party B (as defined therein) and (iii) the Trustee on
the
Supplemental Interest Trust Trustee’s behalf shall also be entitled to exercise
the rights and obligated to perform the obligations of Party B under the
Interest Rate Swap Agreement. Every provision of this Agreement
relating to the conduct or affecting the liability of or affording protection
to
the Trustee shall apply to the Trustee’s execution (as Supplemental Interest
Trust Trustee) of the Interest Rate Swap Agreement, and the performance of
its
duties and satisfaction of its obligations thereunder.
SECTION
2.09
|
Acceptance
of REMIC 1, REMIC 2, REMIC 3, REMIC 4, REMIC 5 and REMIC 6 by the
Trustee;
Conveyance of REMIC 1 Regular Interests, Class C Interest and Class
P
Interest; Issuance of Certificates.
|
(a) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the assets
described in the definition of REMIC 1 for the benefit of the holders of the
REMIC 1 Regular Interests (which are uncertificated) and the Class R
Certificates (in respect of the Class R-1 Interest). The Trustee acknowledges
receipt of the assets described in the definition of REMIC 1 and declares that
it holds and will hold the same in trust for the exclusive use and benefit
of
the holders of the REMIC 1 Regular Interests and the Class R Certificates (in
respect of the Class R-1 Interest). The interests evidenced by the Class R-1
Interest, together with the REMIC 1 Regular Interests, constitute the entire
beneficial ownership interest in REMIC 1.
(b) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the REMIC
1 Regular Interests for the benefit of the holders of the REMIC 2 Regular
Interests (which are uncertificated) and the Class R Certificates (in respect
of
the Class R-2 Interest). The Trustee acknowledges receipt of the REMIC 1 Regular
Interests and declares that it holds and will hold the same in trust for the
exclusive use and benefit of the holders of the REMIC 2 Regular Interests and
the Class R Certificates (in respect of the Class R-2 Interest). The interests
evidenced by the Class R-2 Interest, together with the REMIC 2 Regular
Interests, constitute the entire beneficial ownership interest in REMIC
2.
(c) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the REMIC
2 Regular Interests (which are uncertificated) for the benefit of the Holders
of
the Regular Certificates (other than the Class C Certificates or the Class
P
Certificates), the Class C Interest, the Class P Interest, the Class IO Interest
and the Class R Certificates (in respect of the Class R-3 Interest). The Trustee
acknowledges receipt of the REMIC 4 Regular Interests and declares that it
holds
and will hold the same in trust for the exclusive use and benefit of the Holders
of the Regular Certificates (other than the Class C Certificates or Class P
Certificates), the Class C Interest, the Class P Interest, the Class IO Interest
and the Class R Certificates (in respect of the Class R-4 Interest). The
interests evidenced by the Class R-3 Interest, together with the Regular
Certificates (other than the Class C Certificates or Class P Certificates),
the
Class C Interest, the Class P Interest and the Class IO Interest, constitute
the
entire beneficial ownership interest in REMIC 3.
(d) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the Class
C Interest (which is uncertificated) for the benefit of the Holders of the
Class
C Certificates and the Class R-X Certificates (in respect of the Class R-4
Interest). The Trustee acknowledges receipt of the Class C Interest and declares
that it holds and will hold the same in trust for the exclusive use and benefit
of the Holders of the Class C Certificates and the Class R-X Certificates (in
respect of the Class R-4 Interest). The interests evidenced by the Class R-4
Interest, together with the Class C Certificates, constitute the entire
beneficial ownership interest in REMIC 4.
(e) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the Class
P Interest (which is uncertificated) for the benefit of the Holders of the
Class
P Certificates and the Class R-X Certificates (in respect of the Class R-5
Interest). The Trustee acknowledges receipt of the Class P Interest and declares
that it holds and will hold the same in trust for the exclusive use and benefit
of the Holders of the Class P Certificates and the Class R-X Certificates (in
respect of the Class R-5 Interest). The interests evidenced by the Class R-5
Interest, together with the Class P Certificates, constitute the entire
beneficial ownership interest in REMIC 5.
(f) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the Class
IO Interest (which is uncertificated) for the benefit of the Holders of the
REMIC 6 Regular Interest SWAP IO and the Class R-X Certificates (in respect
of
the Class R-6 Interest). The Trustee acknowledges receipt of the Class IO
Interest and declares that it holds and will hold the same in trust for the
exclusive use and benefit of the Holders of the REMIC 6 Regular Interest SWAP
IO
and the Class R-X Certificates (in respect of the Class R-6 Interest). The
interests evidenced by the Class R-6 Interest, together with the REMIC 6 Regular
Interest SWAP IO, constitute the entire beneficial ownership interest in REMIC
6.
(g) Concurrently
with (i) the assignment and delivery to the Trustee of REMIC 1 and the
acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and
subsection (a) hereof, (ii) the assignment and delivery to the Trustee of REMIC
2 (including the Residual Interest therein represented by the Class R-2
Interest) and the acceptance by the Trustee thereof, pursuant to subsection
(b)
hereof, (iii) the assignment and delivery to the Trustee of REMIC 3 (including
the Residual Interest therein represented by the Class R-3 Interest) and the
acceptance by the Trustee thereof, pursuant to subsection (c) hereof, (iv)
the
assignment and delivery to the Trustee of REMIC 4 (including the Residual
Interest therein represented by the Class R-4 Interest) and the acceptance
by
the Trustee thereof, pursuant to subsection (c) hereof, (v) the assignment
and
delivery to the Trustee of REMIC 5 (including the Residual Interest therein
represented by the Class R-5 Interest) and the acceptance by the Trustee
thereof, pursuant to subsection (d) hereof and (vi) the assignment and delivery
to the Trustee of REMIC 6 (including the Residual Interest therein represented
by the Class R-6 Interest) and the acceptance by the Trustee thereof, pursuant
to subsection (e) hereof, the Trustee, pursuant to the written request of the
Depositor executed by an officer of the Depositor, has executed, authenticated
and delivered to or upon the order of the Depositor, (A) the Class R
Certificates in authorized denominations evidencing the Class R-1 Interest,
the
Class R-2 Interest and the Class R-3 Interest and (B) the Class R-X Certificates
in authorized denominations evidencing the Class R-4 Interest, the Class R-5
Interest and the Class R-6 Interest.
ARTICLE
III
ADMINISTRATION
AND SERVICING OF
THE
MORTGAGE LOANS
SECTION
3.01
|
Servicer
to Act as Servicer.
|
The
Servicer shall service and administer the Mortgage Loans on behalf of the Trust
and in the best interests of and for the benefit of the Certificateholders
(as
determined by the Servicer in its reasonable judgment) in accordance with the
terms of this Agreement and the Mortgage Loans and, to the extent consistent
with such terms, in the same manner in which it services and administers similar
mortgage loans for its own portfolio, giving due consideration to customary
and
usual standards of practice of mortgage lenders and loan servicers administering
similar mortgage loans but without regard to:
(i) any
relationship that the Servicer, any Sub-Servicer or any Affiliate of the
Servicer or any Sub-Servicer may have with the related Mortgagor;
(ii) the
ownership or non-ownership of any Certificate by the Servicer or any Affiliate
of the Servicer;
(iii) the
Servicer’s obligation to make Advances or Servicing Advances; or
(iv) the
Servicer’s or any Sub-Servicer’s right to receive compensation for its services
hereunder or with respect to any particular transaction (the “Servicing
Standard”).
To
the
extent consistent with the foregoing, the Servicer (a) shall seek the timely
and
complete recovery of principal and interest on the Mortgage Notes and (b) shall
waive (or permit a Sub-Servicer to waive) a Prepayment Charge only under the
following circumstances: (i) such waiver is standard and customary in servicing
similar Mortgage Loans and, (ii) such waiver relates to a default or a
reasonably foreseeable default and would, in the reasonable judgment of the
Servicer, maximize recovery of total proceeds taking into account the value
of
such Prepayment Charge and the related Mortgage Loan, (iii) the collection
of
such Prepayment Charge would be in violation of applicable laws or (iv) the
Servicer has not received information and documentation sufficient to confirm
the existence or amount of such Prepayment Charge. If a Prepayment
Charge is waived as permitted by meeting the standard described in clauses
(iii)
or (iv) above, then the Trustee shall make commercially reasonable efforts
to
attempt to enforce the obligations of the Originator under the Master Agreement
to pay the amount of such waived Prepayment Charge, for the benefit of the
Holders of the Class P Certificates and the Depositor hereby agrees to assist
and direct the Trustee in enforcing any obligations of the Originator to pay
the
amount of such waived Prepayment Charge under the Master
Agreement. If the Originator fails to pay the amount of such waived
Prepayment Charge in accordance with its obligations under the Master Agreement,
the Trustee and the Depositor shall consult on further actions to be taken
against the Originator. The Servicer hereby acknowledges that for the
purposes of clause (iii) above, the law applicable to the enforcement of
Prepayment Charges is the law applicable to the originator of the related
Mortgage Loan. In the event the Servicer determines that (i) the
foregoing acknowledgement is no longer accurate and (ii) applicable state law
would prevent it from fully enforcing any Prepayment Charge, the Servicer shall
(i) provide notice to the Depositor at least 30 days prior to waiving any such
Prepayment Charge and (ii) provide a written opinion of counsel from a
nationally recognized law firm experienced in regulatory matters concluding
that
fully enforcing such Prepayment Charge would violate applicable
law.
To
the
extent consistent with the foregoing, the Servicer shall also seek to maximize
the timely and complete recovery of principal and interest on the Mortgage
Notes. Subject only to the above-described servicing standards and the terms
of
this Agreement and of the Mortgage Loans, the Servicer shall have full power
and
authority, acting alone or through Sub-Servicers as provided in Section 3.02,
to
do or cause to be done any and all things in connection with such servicing
and
administration which it may deem necessary or desirable. Without
limiting the generality of the foregoing, the Servicer, in the name of the
Trust
Fund, is hereby authorized and empowered by the Trustee when the Servicer
believes it appropriate in its best judgment in accordance with the Servicing
Standard, to execute and deliver, on behalf of the Certificateholders and the
Trustee, any and all instruments of satisfaction or cancellation, or of partial
or full release or discharge, and all other comparable instruments, with respect
to the Mortgage Loans and the Mortgaged Properties and to institute foreclosure
proceedings or obtain a deed-in-lieu of foreclosure so as to convert the
ownership of such properties, and to hold or cause to be held title to such
properties, on behalf of the Trustee and Certificateholders. The
Servicer shall service and administer the Mortgage Loans in accordance with
applicable state and federal law and shall provide to the Mortgagors any reports
required to be provided to them thereby. The Servicer shall also
comply in the performance of this Agreement with all reasonable rules and
requirements of each insurer under any standard hazard insurance
policy. Subject to Section 3.17, within five (5) days of the Closing
Date, the Trustee shall execute and furnish to the Servicer and any Sub-Servicer
any special or limited powers of attorney and other documents necessary or
appropriate to enable the Servicer or any Sub-Servicer to carry out their
servicing and administrative duties hereunder; provided, such limited
powers of attorney or other documents shall be prepared by the Servicer and
submitted to the Trustee for execution. The Trustee shall not be
liable for the actions by the Servicer or any Sub-Servicers under such powers
of
attorney.
Subject
to Section 3.09 hereof, in accordance with the standards of the preceding
paragraph, the Servicer, on escrowed accounts, shall advance or cause to be
advanced funds as necessary for the purpose of effecting the payment of taxes
and assessments on the Mortgaged Properties, which advances shall be Servicing
Advances reimbursable in the first instance from related collections from the
Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11.
Any cost incurred by the Servicer or by Sub-Servicers in effecting the payment
of taxes and assessments on a Mortgaged Property shall not, for the purpose
of
calculating distributions to Certificateholders, be added to the unpaid Stated
Principal Balance of the related Mortgage Loan, notwithstanding that the terms
of such Mortgage Loan so permit.
Notwithstanding
anything in this Agreement to the contrary, the Servicer may not make any future
advances with respect to a Mortgage Loan (except as provided in Section 4.04)
and the Servicer shall not (i) permit any modification with respect to any
Mortgage Loan that would change the Mortgage Rate, reduce or increase the Stated
Principal Balance (except for reductions resulting from actual payments of
principal) or change the final maturity date on such Mortgage Loan (unless,
in
any such case, as provided in Section 3.07, the Mortgagor is in default with
respect to the Mortgage Loan or such default is, in the judgment of the
Servicer, reasonably foreseeable) or (ii) permit any modification, waiver or
amendment of any term of any Mortgage Loan that would both (A) effect an
exchange or reissuance of such Mortgage Loan under Section 1001 of the Code
(or
Treasury regulations promulgated thereunder) and (B) cause any REMIC created
hereunder to fail to qualify as a REMIC under the Code or the imposition of
any
tax on “prohibited transactions” or “contributions after the startup date” under
the REMIC Provisions.
The
Servicer shall also undertake to defend, with respect to a claim against the
Trustee or the Trust, any claims against the Trust, the Trustee or itself by
a
Mortgagor which relate to or affect the servicing of any Mortgage
Loan. This shall not be construed as an assumption of liability in
such matters. The Trustee shall notify the Servicer of any such claim
as soon as practicable after receiving notice of such claim. The
Servicer shall not be liable for any delay in responding to any claim of which
it has not received timely notice. The Trustee shall cooperate with
the Servicer in all aspects of the defense of such claims, including the timely
delivery of all relevant litigation files and other related
information. In the event the Servicer acts on behalf of the Trustee,
the Trust or itself in any such litigation, the Trust shall pay all costs and
expenses (including attorneys’ fees, court costs, settlements and judgments)
associated with the defense and management of such claim; provided, however,
that the Servicer shall not be indemnified for any such cost or expense relating
to claims against the Servicer and incurred by reason of its willful
misfeasance, bad faith or negligence in the performance of its duties
hereunder.
The
Servicer further is hereby authorized and empowered in its own name or in the
name of the Subservicer, when the Servicer or the Subservicer, as the case
may
be, believes it is appropriate in its best judgment to register any Mortgage
Loan on the MERS® System, or cause the removal from the registration of any
Mortgage Loan on the MERS® System, to execute and deliver, on behalf of the
Trustee and the Certificateholders or any of them, any and all instruments
of
assignment and other comparable instruments with respect to such assignment
or
re-recording of a Mortgage in the name of MERS, solely as nominee for the
Trustee and its successors and assigns. Any reasonable expenses incurred in
connection with the actions described in the preceding sentence or as a result
of MERS discontinuing or becoming unable to continue operations in connection
with the MERS® System, shall be reimbursable by the Trust Fund to such
Servicer.
SECTION
3.02
|
Sub-Servicing
Agreements Between Servicer and
Sub-Servicers.
|
(a) The
Servicer may enter into Sub-Servicing Agreements with Sub-Servicers, which
may
be Affiliates of the Servicer, for the servicing and administration of the
Mortgage Loans; provided, however, (i) such sub-servicing arrangement and the
terms of the related Sub-Servicing Agreement must provide for the servicing
of
the Mortgage Loans in a manner consistent with the servicing arrangement
contemplated hereunder and (ii) the NIMS Insurer shall have consented to such
sub-servicing agreement. The Trustee is hereby authorized to
acknowledge, at the request of the Servicer, any Sub-Servicing
Agreement. No such acknowledgment shall be deemed to imply that the
Trustee has consented to any such Sub-Servicing Agreement, has passed upon
whether such Sub-Servicing Agreement meets the requirements applicable to
Sub-Servicing Agreements set forth in this Agreement or has passed upon whether
such Sub-Servicing Agreement is otherwise permitted under this
Agreement. The Servicer may, in connection with its duties as
Servicer hereunder, enter into transactions with any of its Affiliates relating
to the Mortgage Loans; provided, that (i) such transaction is in the ordinary
course of business of the Servicer, and (ii) the terms of such transaction
are
no less favorable to the Servicer than it would obtain in a comparable
arm’s-length transaction with a person that is not an Affiliate of the
Servicer.
Each
Sub-Servicer shall be (i) authorized to transact business in the state or states
where the related Mortgaged Properties it is to service are situated, if and
to
the extent required by applicable law to enable the Sub-Servicer to perform
its
obligations hereunder and under the Sub-Servicing Agreement and (ii) a Xxxxxxx
Mac or Xxxxxx Mae approved mortgage servicer. Each Sub-Servicing Agreement
must
impose on the Sub-Servicer requirements conforming to the provisions set forth
in Section 3.08 and provide for servicing of the Mortgage Loans consistent
with
the terms of this Agreement. The Servicer will examine each Sub-Servicing
Agreement and will be familiar with the terms thereof. The terms of any
Sub-Servicing Agreement will not be inconsistent with any of the provisions
of
this Agreement. Any variation in any Sub-Servicing Agreements from the
provisions set forth in Section 3.08 relating to insurance or priority
requirements of Sub-Servicing Accounts, or credits and charges to the
Sub-Servicing Accounts or the timing and amount of remittances by the
Sub-Servicers to the Servicer, are conclusively deemed to be inconsistent with
this Agreement and therefore prohibited. The Servicer shall deliver to the
NIMS
Insurer and the Trustee copies of all Sub-Servicing Agreements, and any
amendments or modifications thereof, promptly upon the Servicer’s execution and
delivery of such instruments.
(b) As
part
of its servicing activities hereunder, the Servicer, for the benefit of the
Trustee and the Certificateholders, shall enforce the obligations of each
Sub-Servicer under the related Sub-Servicing Agreement, including, without
limitation, any obligation to make advances in respect of delinquent payments
as
required by a Sub-Servicing Agreement. Such enforcement, including,
without limitation, the legal prosecution of claims, termination of
Sub-Servicing Agreements, and the pursuit of other appropriate remedies, shall
be in such form and carried out to such an extent and at such time as the
Servicer, in its good faith business judgment, would require were it the owner
of the related Mortgage Loans. The Servicer shall pay the costs of such
enforcement at its own expense, and shall be reimbursed therefor only (i) from
a
general recovery resulting from such enforcement, to the extent, if any, that
such recovery exceeds all amounts due in respect of the related Mortgage Loans,
or (ii) from a specific recovery of costs, expenses or attorneys’ fees against
the party against whom such enforcement is directed.
SECTION
3.03
|
Successor
Sub-Servicers.
|
The
Servicer, with the consent of the NIMS Insurer, shall be entitled to terminate
any Sub-Servicing Agreement and the rights and obligations of any Sub-Servicer
pursuant to any Sub-Servicing Agreement in accordance with the terms and
conditions of such Sub-Servicing Agreement. In the event of termination of
any
Sub-Servicer, all servicing obligations of such Sub-Servicer shall be assumed
simultaneously by the Servicer without any act or deed on the part of such
Sub-Servicer or the Servicer, and the Servicer either shall service directly
the
related Mortgage Loans or shall enter into a Sub-Servicing Agreement with a
successor Sub-Servicer which qualifies under Section 3.02.
Any
Sub-Servicing Agreement shall include the provision that such agreement may
be
immediately terminated by the Servicer or the Trustee (if the Trustee is acting
as Servicer) without fee, in accordance with the terms of this Agreement, in
the
event that the Servicer (or the Trustee, if such party is then acting as
Servicer) shall, for any reason, no longer be the Servicer (including
termination due to a Servicer Event of Termination).
SECTION
3.04
|
Liability
of the Servicer.
|
Notwithstanding
any Sub-Servicing Agreement or the provisions of this Agreement relating to
agreements or arrangements between the Servicer and a Sub-Servicer or reference
to actions taken through a Sub-Servicer or otherwise, the Servicer shall remain
obligated and primarily liable to the Trustee and the Certificateholders for
the
servicing and administering of the Mortgage Loans in accordance with the
provisions of Section 3.01 without diminution of such obligation or liability
by
virtue of such Sub-Servicing Agreements or arrangements or by virtue of
indemnification from the Sub-Servicer and to the same extent and under the
same
terms and conditions as if the Servicer alone were servicing and administering
the Mortgage Loans. The Servicer shall be entitled to enter into any agreement
with a Sub-Servicer for indemnification of the Servicer by such Sub-Servicer
and
nothing contained in this Agreement shall be deemed to limit or modify such
indemnification.
SECTION
3.05
|
No
Contractual Relationship Between Sub-Servicers and the NIMS Insurer,
the
Trustee or Certificateholders.
|
Any
Sub-Servicing Agreement that may be entered into and any transactions or
services relating to the Mortgage Loans involving a Sub-Servicer in its capacity
as such shall be deemed to be between the Sub-Servicer and the Servicer alone,
and the NIMS Insurer, the Trustee or Certificateholders shall not be deemed
parties thereto and shall have no claims, rights, obligations, duties or
liabilities with respect to the Sub-Servicer except as set forth in Section
3.06. The Servicer shall be solely liable for all fees owed by it to any
Sub-Servicer, irrespective of whether the Servicer’s compensation pursuant to
this Agreement is sufficient to pay such fees.
SECTION
3.06
|
Assumption
or Termination of Sub-Servicing Agreements by
Trustee.
|
In
the
event the Servicer shall for any reason no longer be the servicer (including
by
reason of the occurrence of a Servicer Event of Termination), the Trustee,
in
addition to its duties under Section 7.02, shall thereupon assume all of the
rights and obligations of the Servicer under each Sub-Servicing Agreement that
the Servicer may have entered into, unless the Trustee elects to terminate
any
Sub-Servicing Agreement in accordance with its terms as provided in Section
3.03. Upon such assumption, the Trustee (or the successor servicer appointed
pursuant to Section 7.02) shall be deemed, subject to Section 3.03, to have
assumed all of the departing Servicer’s interest therein and to have replaced
the departing Servicer as a party to each Sub-Servicing Agreement to the same
extent as if each Sub-Servicing Agreement had been assigned to the assuming
party, except that (i) the departing Servicer shall not thereby be relieved
of
any liability or obligations under any Sub-Servicing Agreement that arose before
it ceased to be the Servicer and (ii) neither the Trustee nor any successor
Servicer shall be deemed to have assumed any liability or obligation of the
Servicer that arose before it ceased to be the Servicer.
The
Servicer at its expense shall, upon request of the Trustee, deliver to the
assuming party all documents and records relating to each Sub-Servicing
Agreement and the Mortgage Loans then being serviced and an accounting of
amounts collected and held by or on behalf of it, and otherwise use its best
efforts to effect the orderly and efficient transfer of the Sub-Servicing
Agreements to the assuming party. All Servicing Transfer Costs shall be paid
by
the predecessor Servicer upon presentation of reasonable documentation of such
costs, and if such predecessor Servicer is the Trustee or it defaults in its
obligation to pay such costs, such costs shall be paid by the successor Servicer
or the Trustee (in which case the successor Servicer or the Trustee, as
applicable, shall be entitled to reimbursement therefor from the assets of
the
Trust).
SECTION
3.07
|
Collection
of Certain Mortgage Loan Payments.
|
The
Servicer shall make reasonable efforts, in accordance with the Servicing
Standard, to collect all payments called for under the terms and provisions
of
the Mortgage Loans and the provisions of any applicable insurance policies
provided to the Servicer. Consistent with the foregoing, the Servicer
may in its discretion (i) waive any late payment charge or, if applicable,
any
penalty interest or any provisions of any Mortgage Loan requiring the related
Mortgagor to submit to mandatory arbitration with respect to disputes arising
thereunder, or (ii) extend the due dates for the Monthly Payments due on a
Mortgage Note for a period of not greater than 180 days; provided, however,
that
any extension pursuant to clause (ii) above shall not affect the amortization
schedule of any Mortgage Loan for purposes of any computation hereunder, except
as provided below. In the event of any such arrangement pursuant to clause
(ii)
above, the Servicer shall make timely Advances on such Mortgage Loan during
such
extension pursuant to Section 4.04 and in accordance with the amortization
schedule of such Mortgage Loan without modification thereof by reason of such
arrangement. Notwithstanding the foregoing, in the event that any Mortgage
Loan
is in default or, in the judgment of the Servicer, such default is reasonably
foreseeable, the Servicer, consistent with the standards set forth in Section
3.01, may also waive, modify or vary any term of such Mortgage Loan (including
modifications that would change the Mortgage Rate, forgive the payment of
principal or interest or extend the final maturity date of such Mortgage Loan),
accept payment from the related Mortgagor of an amount less than the Stated
Principal Balance in final satisfaction of such Mortgage Loan, or consent to
the
postponement of strict compliance with any such term or otherwise grant
indulgence to any Mortgagor (any and all such waivers, modifications, variances,
forgiveness of principal or interest, postponements, or indulgences collectively
referred to herein as “forbearance”), provided, however, that the NIMS Insurer’s
prior written consent shall be required for any modification, waiver or
amendment if the aggregate number of outstanding Mortgage Loans which have
been
modified, waived or amended exceeds 5% of the number of Mortgage Loans as of
the
Cut-off Date. The Servicer's analysis supporting any forbearance and
the conclusion that any forbearance meets the standards of Section 3.01 shall
be
reflected in writing in the Mortgage File.
SECTION
3.08
|
Sub-Servicing
Accounts.
|
In
those
cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-
Servicing Agreement, the Sub-Servicer will be required to establish and maintain
one or more accounts (collectively, the “Sub-Servicing Account”). The
Sub-Servicing Account shall be an Eligible Account and shall comply with all
requirements of this Agreement relating to the Collection Account. The
Sub-Servicer shall deposit in the clearing account in which it customarily
deposits payments and collections on mortgage loans in connection with its
mortgage loan servicing activities on a daily basis, and in no event more than
one Business Day after the Sub-Servicer’s receipt thereof, all proceeds of
Mortgage Loans received by the Sub-Servicer less its servicing compensation
to
the extent permitted by the Sub-Servicing Agreement, and shall thereafter
deposit such amounts in the Sub-Servicing Account, in no event more than two
Business Days after the receipt of such amounts. The Sub-Servicer shall
thereafter deposit such proceeds in the Collection Account or remit such
proceeds to the Servicer for deposit in the Collection Account not later than
two Business Days after the deposit of such amounts in the Sub-Servicing
Account. For purposes of this Agreement, the Servicer shall be deemed to have
received payments on the Mortgage Loans when the Sub-Servicer receives such
payments.
SECTION
3.09
|
Collection
of Taxes, Assessments and Similar Items; Escrow
Accounts.
|
To
the
extent required by the related Mortgage Note, the Servicer shall establish
and
maintain, or cause to be established and maintained, one or more accounts (the
“Escrow Accounts”), into which all Escrow Payments shall be deposited and
retained. Escrow Accounts shall be Eligible Accounts. The Servicer
shall deposit in the clearing account in which it customarily deposits payments
and collections on mortgage loans in connection with its mortgage loan servicing
activities, all Escrow Payments collected on account of the Mortgage Loans
and
shall deposit in the Escrow Accounts, in no event more than two Business Days
after the deposit of such funds in the clearing account, all Escrow Payments
collected on account of the Mortgage Loans for the purpose of effecting the
payment of any such items as required under the terms of this Agreement.
Withdrawals of amounts from an Escrow Account may be made only to (i) effect
payment of taxes, assessments, hazard insurance premiums, and comparable items
in a manner and at a time that assures that the lien priority of the Mortgage
is
not jeopardized (or, with respect to the payment of taxes, in a manner and
at a
time that avoids the loss of the Mortgaged Property due to a tax sale or the
foreclosure as a result of a tax lien); (ii) reimburse the Servicer (or a
Sub-Servicer to the extent provided in the related Sub-Servicing Agreement)
out
of related collections for any Servicing Advances made pursuant to Section
3.01
(with respect to taxes and assessments) and Section 3.14 (with respect to hazard
insurance); (iii) refund to Mortgagors any sums as may be determined to be
overages; (iv) pay interest, if required and as described below, to Mortgagors
on balances in the Escrow Account; or (v) clear and terminate the Escrow Account
at the termination of the Servicer’s obligations and responsibilities in respect
of the Mortgage Loans under this Agreement in accordance with Article X. In
the
event the Servicer shall deposit in a Escrow Account any amount not required
to
be deposited therein, it may at any time withdraw such amount from such Escrow
Account, any provision herein to the contrary notwithstanding. The Servicer
will
be responsible for the administration of the Escrow Accounts and will be
obligated to make Servicing Advances to such accounts when and as necessary
to
avoid the lapse of insurance coverage on the Mortgaged Property, or which the
Servicer knows, or in the exercise of the required standard of care of the
Servicer hereunder should know, is necessary to avoid the loss of the Mortgaged
Property due to a tax sale or the foreclosure as a result of a tax lien. If
any
such payment has not been made and the Servicer receives notice of a tax lien
with respect to the Mortgage being imposed, the Servicer will, within 10
Business Days of receipt of such notice, advance or cause to be advanced funds
necessary to discharge such lien on the Mortgaged Property. As part of its
servicing duties, the Servicer or any Sub-Servicers shall pay to the Mortgagors
interest on funds in the Escrow Accounts, to the extent required by law and,
to
the extent that interest earned on funds in the Escrow Accounts is insufficient,
to pay such interest from its or their own funds, without any reimbursement
therefor. The Servicer may pay to itself any excess interest on funds in the
Escrow Accounts, to the extent such action is in conformity with the Servicing
Standard, is permitted by law and such amounts are not required to be paid
to
Mortgagors or used for any of the other purposes set forth above.
SECTION
3.10
|
Collection
Account and Distribution Account.
|
(a) On
behalf
of the Trust Fund, the Servicer shall establish and maintain, or cause to be
established and maintained, one or more accounts (such account or accounts,
the
“Collection Account”), held in trust for the benefit of the Trustee and the
Certificateholders. On behalf of the Trust Fund, the Servicer shall deposit
or
cause to be deposited in the Collection Account, in no event more than two
Business Days after the Servicer’s receipt thereof, in no event more than two
Business Days after the deposit of such funds in the clearing account, as and
when received or as otherwise required hereunder, the following payments and
collections received or made by it subsequent to the Cut-off Date (other than
in
respect of principal or interest on the Mortgage Loans due on or before the
Cut-off Date) or payments (other than Principal Prepayments) received by it
on
or prior to the Cut-off Date but allocable to a Due Period subsequent
thereto:
(i) all
payments on account of principal, including Principal Prepayments (but not
Prepayment Charges), on the Mortgage Loans;
(ii) all
payments on account of interest (net of the Servicing Fee) on each Mortgage
Loan;
(iii) all
Insurance Proceeds, Net Liquidation Proceeds, Subsequent Recoveries and
condemnation proceeds (other than proceeds collected in respect of any
particular REO Property and amounts paid in connection with a purchase of
Mortgage Loans and REO Properties pursuant to Section 10.01);
(iv) any
amounts required to be deposited pursuant to Section 3.12 in connection with
any
losses realized on Permitted Investments with respect to funds held in the
Collection Account;
(v) any
amounts required to be deposited by the Servicer pursuant to the second
paragraph of Section 3.14(a) in respect of any blanket policy
deductibles;
(vi) all
proceeds of any Mortgage Loan repurchased or purchased in accordance with
Section 2.03, Section 3.16(c) or Section 10.01;
(vii) all
amounts required to be deposited in connection with Substitution Adjustments
pursuant to Section 2.03; and
(viii) all
Prepayment Charges collected by the Servicer and any Servicer Prepayment Charge
Payment Amounts in connection with the Principal Prepayment of any of the
Mortgage Loans.
The
foregoing requirements for deposit in the Collection Account shall be exclusive,
it being understood and agreed that, without limiting the generality of the
foregoing, payments in the nature of Servicing Fees, late payment charges,
assumption fees, insufficient funds charges and ancillary income (other than
Prepayment Charges) need not be deposited by the Servicer in the Collection
Account and may be retained by the Servicer as additional compensation. In
the
event the Servicer shall deposit in the Collection Account any amount not
required to be deposited therein, it may at any time withdraw such amount from
the Collection Account, any provision herein to the contrary
notwithstanding.
(b) On
behalf
of the Trust Fund, the Trustee shall establish and maintain one or more
segregated, non-interest bearing trust accounts (such account or accounts,
the
“Distribution Account”), held in trust for the benefit of the Trustee and the
Certificateholders. On behalf of the Trust Fund, the Servicer shall deliver
to
the Trustee in immediately available funds for deposit in the Distribution
Account on or before 1:00 p.m. New York time on the Servicer Remittance Date,
that portion of the Available Funds (calculated without regard to the references
in the definition thereof to amounts that may be withdrawn from the Distribution
Account) for the related Distribution Date then on deposit in the Collection
Account, the amount of all Prepayment Charges collected during the applicable
Prepayment Period by the Servicer and Servicer Prepayment Charge Payment Amounts
in connection with the Principal Prepayment of any of the Mortgage Loans then
on
deposit in the Collection Account, the amount of any funds reimbursable to
an
Advancing Person pursuant to Section 3.29 (unless such amounts are to be
remitted in another manner as specified in the documentation establishing the
related Advance Facility).
If,
by
1:00 p.m. New York time, on the Servicer Remittance Date, the Servicer fails
to
remit to the Trustee for deposit into the Distribution Account any amounts
required to be so remitted by the Servicer pursuant to this Agreement, the
Servicer shall pay to the Trustee, for its own account, interest on such amounts
at the prime rate for such date (as set forth in the Wall Street
Journal) for the period commencing on the Servicer Remittance Date through
the Business Day on which such failure is remedied.
(c) Funds
in
the Collection Account and the Distribution Account may be invested in Permitted
Investments in accordance with the provisions set forth in Section 3.12. The
Servicer shall give written notice to the NIMS Insurer and the Trustee of the
location of the Collection Account maintained by it when established and prior
to any change thereof. The Trustee shall give notice to the NIMS Insurer, the
Servicer and the Depositor of the location of the Distribution Account when
established and prior to any change thereof.
(d) Funds
held in the Collection Account at any time may be delivered by the Servicer
to
the Trustee for deposit in an account (which may be the Distribution Account
and
must satisfy the standards for the Distribution Account as set forth in the
definition thereof) and for all purposes of this Agreement shall be deemed
to be
a part of the Collection Account; provided, however, that the Trustee shall
have
the sole authority to withdraw any funds held pursuant to this subsection (d).
In the event the Servicer shall deliver to the Trustee for deposit in the
Distribution Account any amount not required to be deposited therein, it may
at
any time request that the Trustee withdraw such amount from the Distribution
Account and remit to it any such amount, any provision herein to the contrary
notwithstanding. In addition, the Servicer, with respect to items (i) through
(iv) below, shall deliver to the Trustee from time to time for deposit, and
the
Trustee, with respect to items (i) through (iv) below, shall so deposit, in
the
Distribution Account:
(i) any
Advances, as required pursuant to Section 4.04;
(ii) any
amounts required to be deposited pursuant to Section 3.23(d) or (f) in
connection with any REO Property;
(iii) any
amounts to be paid by the Servicer in connection with a purchase of Mortgage
Loans and REO Properties pursuant to Section 10.01;
(iv) any
Compensating Interest to be deposited pursuant to Section 3.24 in connection
with any Prepayment Interest Shortfall;
(v) any
amounts required to be paid to the Trustee pursuant to the Agreement, including,
but not limited to Section 3.06 and Section 7.02; and
(vi) any
other
amounts deposited hereunder which are required to be deposited in the
Distribution Account.
SECTION
3.11
|
Withdrawals
from the Collection Account and Distribution
Account.
|
(a) The
Servicer shall, from time to time, make withdrawals from the Collection Account
for any of the following purposes or as described in Section 4.04:
(i) to
remit
to the Trustee for deposit in the Distribution Account the amounts required
to
be so remitted pursuant to Section 3.10(b) or permitted to be so remitted
pursuant to the first sentence of Section 3.10(d);
(ii) subject
to Section 3.16(d), to reimburse the Servicer for (a) any unreimbursed Advances
to the extent of amounts received which represent Late Collections (net of
the
related Servicing Fees), Liquidation Proceeds and Insurance Proceeds on Mortgage
Loans or REO Properties with respect to which such Advances were made in
accordance with the provisions of Section 4.04; or (b) without limiting any
right of withdrawal set forth in clause (vi) below, any unreimbursed Advances
that, upon a Final Recovery Determination with respect to such Mortgage Loan,
are Nonrecoverable Advances, but only to the extent that Late Collections (net
of the related Servicing Fees), Liquidation Proceeds and Insurance Proceeds
received with respect to such Mortgage Loan are insufficient to reimburse the
Servicer for such unreimbursed Advances; or (c) subject to 4.04(b), any
unreimbursed Advances to the extent of funds held in the Collection Account
for
future distribution that were not included in Available Funds for the preceding
Distribution Date;
(iii) subject
to Section 3.16(d), to pay the Servicer or any Sub-Servicer (a) any unpaid
Servicing Fees, (b) any unreimbursed Servicing Advances with respect to each
Mortgage Loan, but only to the extent of any Late Collections, Liquidation
Proceeds and Insurance Proceeds received with respect to such Mortgage Loan
or
REO Property, and (c) without limiting any right of withdrawal set forth in
clause (vi) below, any Servicing Advances made with respect to a Mortgage Loan
that, upon a Final Recovery Determination with respect to such Mortgage Loan
are
Nonrecoverable Advances, but only to the extent that Late Collections,
Liquidation Proceeds and Insurance Proceeds received with respect to such
Mortgage Loan are insufficient to reimburse the Servicer or any Sub-Servicer
for
Servicing Advances;
(iv) to
pay to
the Servicer as additional servicing compensation (in addition to the Servicing
Fee) on the Servicer Remittance Date any interest or investment income earned
on
funds deposited in the Collection Account;
(v) to
pay
itself, the NIMS Insurer or the Originator, as applicable, with respect to
each
Mortgage Loan that has previously been purchased or replaced pursuant to Section
2.03 or Section 3.16(c) all amounts received thereon subsequent to the date
of
purchase or substitution, as the case may be and any enforcement expenses
reasonably incurred in respect of such breach or defect, including any expenses
arising out of the enforcement of such purchase obligations;
(vi) to
reimburse the Servicer for any Advance or Servicing Advance previously made
which the Servicer has determined to be a Nonrecoverable Advance in accordance
with the provisions of Section 4.04;
(vii) to
pay,
or to reimburse the Servicer for Servicing Advances in respect of, expenses
incurred in connection with any Mortgage Loan pursuant to Section
3.16(b);
(viii) to
reimburse the Servicer for expenses incurred by or reimbursable to the Servicer
pursuant to Section 6.03;
(ix) to
pay
itself any Prepayment Interest Excess;
(x) to
clear
and terminate the Collection Account pursuant to Section 10.01; and
(xi) to
withdraw any amount deposited in the Collection Account and not required to
be
deposited therein.
The
foregoing requirements for withdrawal from the Collection Account shall be
exclusive. In the event the Servicer shall deposit in the Collection
Account any amount not required to be deposited therein, it may at any time
withdraw such amount from the Collection Account, any provision herein to the
contrary notwithstanding.
The
Servicer shall keep and maintain separate accounting, on a Mortgage Loan by
Mortgage Loan basis, for the purpose of justifying any withdrawal from the
Collection Account, to the extent held by or on behalf of it, pursuant to
subclauses (ii), (iii), (iv), (v), (vi) and (vii) above. The Servicer shall
provide written notification to the NIMS Insurer and the Trustee, on or prior
to
the next succeeding Servicer Remittance Date, upon making any withdrawals from
the Collection Account pursuant to subclause (vi) above; provided that an
Officers’ Certificate in the form described under Section 4.04(d) shall suffice
for such written notification to the Trustee in respect hereof.
(b) The
Trustee shall, from time to time, make withdrawals from the Distribution
Account, for any of the following purposes, without priority:
(i) to
make
distributions in accordance with Section 4.01;
(ii) to
pay to
itself any Trustee Compensation;
(iii) to
pay
any amounts in respect of taxes pursuant to Section 9.01(g);
(iv) to
clear
and terminate the Distribution Account pursuant to Section 10.01;
(v) to
pay
any amounts required to be paid to the Trustee pursuant to this Agreement,
including but not limited to funds required to be paid pursuant to Section
3.06,
Section 4.01, Section 7.02 and Section 8.05; and
(vi) to
pay to
an Advancing Person reimbursements for Advances and/or Servicing Advances
pursuant to Section 3.29.
SECTION
3.12
|
Investment
of Funds in the Collection Account and the Distribution
Account.
|
(a) The
Servicer may direct any depository institution maintaining the Collection
Account and any REO Account to invest the funds on deposit in such accounts
and
the Trustee may invest the funds on deposit in the Distribution Account or
hold
such funds uninvested (each such account, for the purposes of this Section
3.12,
an “Investment Account”). All investments pursuant to this Section
3.12 shall be in one or more Permitted Investments bearing interest or sold
at a
discount, and maturing, unless payable on demand, (i) no later than the Business
Day immediately preceding the date on which such funds are required to be
withdrawn from such account pursuant to this Agreement, if a Person other than
the Trustee is the obligor thereon or if such investment is managed or advised
by a Person other than the Trustee or an Affiliate of the Trustee, and (ii)
no
later than the date on which such funds are required to be withdrawn from such
account pursuant to this Agreement, if the Trustee is the obligor thereon or
if
such investment is managed or advised by the Trustee or any Affiliate. All
such
Permitted Investments shall be held to maturity, unless payable on demand.
Any
investment of funds in an Investment Account shall be made in the name of the
Trustee (in its capacity as such), or in the name of a nominee of the Trustee.
The Trustee shall be entitled to sole possession (except with respect to
investment direction of funds held in the Collection Account and any REO
Account, and any income and gain realized thereon) over each such investment,
and any certificate or other instrument evidencing any such investment shall
be
delivered directly to the Trustee or its agent, together with any document
of
transfer necessary to transfer title to such investment to the Trustee or its
nominee. In the event amounts on deposit in an Investment Account are at any
time invested in a Permitted Investment payable on demand, the Trustee
shall:
(x) consistent
with any notice required to be given thereunder, demand that payment thereon
be
made on the last day such Permitted Investment may otherwise mature hereunder
in
an amount equal to the lesser of (1) all amounts then payable thereunder and
(2)
the amount required to be withdrawn on such date; and
(y) demand
payment of all amounts due thereunder promptly upon determination by a
Responsible Officer of the Trustee that such Permitted Investment would not
constitute a Permitted Investment in respect of funds thereafter on deposit
in
the Investment Account.
(b) All
income and gain realized from the investment of funds deposited in the
Collection Account and any REO Account held by or on behalf of the Servicer
shall be for the benefit of the Servicer and shall be subject to its withdrawal
in accordance with Section 3.11, Section 3.29 or Section 3.23, as applicable.
The Servicer shall deposit in the Collection Account or any REO Account, as
applicable, the amount of any loss of principal incurred in respect of any
such
Permitted Investment made with funds in such Account immediately upon
realization of such loss.
(c) All
income and gain realized from the investment of funds deposited in the
Distribution Account shall be for the benefit of the Trustee. The Trustee shall
deposit in the Distribution Account the amount of any loss of principal incurred
in respect of any such Permitted Investment made with funds in such Account
immediately upon realization of such loss. Notwithstanding the
foregoing, the Trustee may at its discretion, and without liability, hold the
funds in the Distribution Account uninvested.
(d) Except
as
otherwise expressly provided in this Agreement, if any default occurs in the
making of a payment due under any Permitted Investment, or if a default occurs
in any other performance required under any Permitted Investment, the Trustee
may and, subject to Section 8.01 and Section 8.02(a)(v), upon the request of
the
NIMS Insurer or the Holders of Certificates representing more than 50% of the
Voting Rights allocated to any Class of Certificates, shall take such action
as
may be appropriate to enforce such payment or performance, including the
institution and prosecution of appropriate proceedings.
SECTION
3.13
|
[Reserved].
|
SECTION
3.14
|
Maintenance
of Hazard Insurance and Errors and Omissions and Fidelity
Coverage.
|
(a) The
Servicer shall cause to be maintained for each Mortgage Loan hazard insurance
with extended coverage on the Mortgaged Property in an amount which is at least
equal to the lesser of (i) the current Principal Balance of such Mortgage Loan
and (ii) the amount necessary to fully compensate for any damage or loss to
the
improvements that are a part of such property on a replacement cost basis,
in
each case in an amount not less than such amount as is necessary to avoid the
application of any coinsurance clause contained in the related hazard insurance
policy. The Servicer shall also cause to be maintained hazard
insurance with extended coverage on each REO Property in an amount which is
at
least equal to the lesser of (i) the maximum insurable value of the improvements
which are a part of such property and (ii) the outstanding Principal Balance
of
the related Mortgage Loan at the time it became an REO Property. The Servicer
will comply in the performance of this Agreement with all reasonable rules
and
requirements of each insurer under any such hazard policies. Any amounts to
be
collected by the Servicer under any such policies (other than amounts to be
applied to the restoration or repair of the property subject to the related
Mortgage or amounts to be released to the Mortgagor in accordance with the
procedures that the Servicer would follow in servicing loans held for its own
account, subject to the terms and conditions of the related Mortgage and
Mortgage Note) shall be deposited in the Collection Account, subject to
withdrawal pursuant to Section 3.11, if received in respect of a Mortgage Loan,
or in the REO Account, subject to withdrawal pursuant to Section 3.23, if
received in respect of an REO Property. Any cost incurred by the Servicer in
maintaining any such insurance shall not, for the purpose of calculating
distributions to Certificateholders, be added to the unpaid Principal Balance
of
the related Mortgage Loan, notwithstanding that the terms of such Mortgage
Loan
so permit. It is understood and agreed that no earthquake or other
additional insurance is to be required of any Mortgagor other than pursuant
to
such applicable laws and regulations as shall at any time be in force and as
shall require such additional insurance. If the Mortgaged Property or REO
Property is at any time in an area identified in the Federal Register by the
Federal Emergency Management Agency as having special flood hazards and flood
insurance has been made available, the Servicer will cause to be maintained
a
flood insurance policy in respect thereof. Such flood insurance shall be in
an
amount equal to the lesser of (i) the unpaid Principal Balance of the related
Mortgage Loan and (ii) the maximum amount of such insurance available for the
related Mortgaged Property under the national flood insurance program (assuming
that the area in which such Mortgaged Property is located is participating
in
such program).
In
the
event that the Servicer shall obtain and maintain a blanket policy insuring
against hazard losses on all of the Mortgage Loans, it shall conclusively be
deemed to have satisfied its obligations as set forth in the first two sentences
of this Section 3.14, it being understood and agreed that such policy may
contain a deductible clause on terms substantially equivalent to those
commercially available and maintained by competent servicers, in which case
the
Servicer shall, in the event that there shall not have been maintained on the
related Mortgaged Property or REO Property a policy complying with the first
two
sentences of this Section 3.14, and there shall have been one or more losses
which would have been covered by such policy, deposit to the Collection Account
from its own funds the amount not otherwise payable under the blanket policy
because of such deductible clause. In connection with its activities as servicer
of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf
of
itself, the Depositor, the Trustee and Certificateholders, claims under any
such
blanket policy in a timely fashion in accordance with the terms of such
policy.
(b) The
Servicer shall keep in force during the term of this Agreement a policy or
policies of insurance covering errors and omissions for failure in the
performance of the Servicer’s obligations under this Agreement, which policy or
policies shall be in such form and amount that would meet the requirements
of
Xxxxxx Xxx or Xxxxxxx Mac if it were the purchaser of the Mortgage Loans, unless
the Servicer has obtained a waiver of such requirements from Xxxxxx Mae or
Xxxxxxx Mac. The Servicer shall provide the Trustee and the NIMS Insurer, upon
request, with copies of such insurance policies and fidelity
bond. The Servicer shall also maintain a fidelity bond in the form
and amount that would meet the requirements of Xxxxxx Xxx or Xxxxxxx Mac, unless
the Servicer has obtained a waiver of such requirements from Xxxxxx Mae or
Xxxxxxx Mac. The Servicer shall be deemed to have complied with this provision
if an Affiliate of the Servicer has such errors and omissions and fidelity
bond
coverage and, by the terms of such insurance policy or fidelity bond, the
coverage afforded thereunder extends to the Servicer. Any such errors and
omissions policy and fidelity bond shall by its terms not be cancelable without
thirty days’ prior written notice to the Trustee and the NIMS Insurer. The
Servicer shall also cause each Sub-Servicer to maintain a policy of insurance
covering errors and omissions and a fidelity bond which would meet such
requirements.
SECTION
3.15
|
Enforcement
of Due-On-Sale Clauses; Assumption
Agreements.
|
The
Servicer will, to the extent it has knowledge of any conveyance or prospective
conveyance of any Mortgaged Property by any Mortgagor (whether by absolute
conveyance or by contract of sale, and whether or not the Mortgagor remains
or
is to remain liable under the Mortgage Note and/or the Mortgage), exercise
its
rights to accelerate the maturity of such Mortgage Loan under the “due-on-sale”
clause, if any, applicable thereto; provided, however, that the Servicer shall
not be required to take such action if in its sole business judgment the
Servicer believes it is not in the best interests of the Trust Fund and shall
not exercise any such rights if prohibited by law from doing so. If the Servicer
reasonably believes it is unable under applicable law to enforce such
“due-on-sale” clause, or if any of the other conditions set forth in the proviso
to the preceding sentence apply, the Servicer will enter into an assumption
and
modification agreement from or with the person to whom such property has been
conveyed or is proposed to be conveyed, pursuant to which such person becomes
liable under the Mortgage Note and, to the extent permitted by applicable state
law, the Mortgagor remains liable thereon. The Servicer is also
authorized, to the extent permitted under the related Mortgage Note, to enter
into a substitution of liability agreement with such person, pursuant to which
the original Mortgagor is released from liability and such person is substituted
as the Mortgagor and becomes liable under the Mortgage Note, provided that
no
such substitution shall be effective unless such person satisfies the current
underwriting criteria of the Servicer for a mortgage loan similar to the related
Mortgage Loan. In connection with any assumption, modification or
substitution, the Servicer shall apply such underwriting standards and follow
such practices and procedures as shall be normal and usual in its general
mortgage servicing activities and as it applies to other mortgage loans owned
solely by it. The Servicer shall not take or enter into any assumption and
modification agreement, however, unless (to the extent practicable in the
circumstances) it shall have received confirmation, in writing, of the continued
effectiveness of any applicable hazard insurance policy. Any fee collected
by
the Servicer in respect of an assumption, modification or substitution of
liability agreement shall be retained by the Servicer as additional servicing
compensation. In connection with any such assumption, no material term of the
Mortgage Note (including but not limited to the related Mortgage Rate and the
amount of the Monthly Payment) may be amended or modified, except as otherwise
required pursuant to the terms thereof. The Servicer shall notify the Trustee
that any such substitution, modification or assumption agreement has been
completed by forwarding to the Trustee the executed original of such
substitution, modification or assumption agreement, which document shall be
added to the related Mortgage File and shall, for all purposes, be considered
a
part of such Mortgage File to the same extent as all other documents and
instruments constituting a part thereof.
Notwithstanding
the foregoing paragraph or any other provision of this Agreement, the Servicer
shall not be deemed to be in default, breach or any other violation of its
obligations hereunder by reason of any assumption of a Mortgage Loan by
operation of law or by the terms of the Mortgage Note or any assumption which
the Servicer may be restricted by law from preventing, for any reason
whatsoever. For purposes of this Section 3.15, the term “assumption” is deemed
to also include a sale (of the Mortgaged Property) subject to the Mortgage
that
is not accompanied by an assumption or substitution of liability
agreement.
SECTION
3.16
|
Realization
Upon Defaulted Mortgage Loans.
|
(a) The
Servicer shall use its reasonable efforts, consistent with the Servicing
Standard, to foreclose upon or otherwise comparably convert the ownership of
properties securing such of the Mortgage Loans as come into and continue in
default and as to which no satisfactory arrangements can be made for collection
of delinquent payments pursuant to Section 3.07. Title to any such
property shall be taken in the name of the Trustee or its nominee, on behalf
of
the Certificateholders, subject to applicable law. The Servicer shall
be responsible for all costs and expenses incurred by it in any such
proceedings; provided, however, that such costs and expenses will be recoverable
as Servicing Advances by the Servicer as contemplated in Section 3.11(a) and
Section 3.23. The foregoing is subject to the provision that, in any case in
which a Mortgaged Property shall have suffered damage from an Uninsured Cause,
the Servicer shall not be required to expend its own funds toward the
restoration of such property unless it shall determine in its discretion that
such restoration will increase the proceeds of liquidation of the related
Mortgage Loan after reimbursement to itself for such expenses.
(b) Notwithstanding
the foregoing provisions of this Section 3.16 or any other provision of this
Agreement, with respect to any Mortgage Loan as to which the Servicer has
received actual notice of, or has actual knowledge of, the presence of any
toxic
or hazardous substance on the related Mortgaged Property, the Servicer shall
not, on behalf of the Trustee, either (i) obtain title to such Mortgaged
Property as a result of or in lieu of foreclosure or otherwise, or (ii)
otherwise acquire possession of, or take any other action with respect to,
such
Mortgaged Property, if, as a result of any such action, the Trustee, the Trust
Fund or the Certificateholders would be considered to hold title to, to be
a
“mortgagee-in-possession” of, or to be an “owner” or “operator” of such
Mortgaged Property within the meaning of the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, as amended from time to time,
or any comparable law, unless the Servicer has also previously determined,
based
on its reasonable judgment and a report prepared by a Person who regularly
conducts environmental audits using customary industry standards,
that:
(A) such
Mortgaged Property is in compliance with applicable environmental laws or,
if
not, that it would be in the best economic interest of the Trust Fund to take
such actions as are necessary to bring the Mortgaged Property into compliance
therewith; and
(B) there
are
no circumstances present at such Mortgaged Property relating to the use,
management or disposal of any hazardous substances, hazardous materials,
hazardous wastes, or petroleum-based materials for which investigation, testing,
monitoring, containment, clean-up or remediation could be required under any
federal, state or local law or regulation, or that if any such materials are
present for which such action could be required, that it would be in the best
economic interest of the Trust Fund to take such actions with respect to the
affected Mortgaged Property.
Notwithstanding
the foregoing, if such environmental audit reveals, or if the Servicer has
actual knowledge or notice, that such Mortgaged Property contains such wastes
or
substances, the Servicer shall not foreclose or accept a deed in lieu of
foreclosure without the prior written consent of the NIMS Insurer.
The
cost
of the environmental audit report contemplated by this Section 3.16 shall be
advanced by the Servicer, subject to the Servicer’s right to be reimbursed
therefor from the Collection Account as provided in Section 3.11(a)(vii), such
right of reimbursement being prior to the rights of Certificateholders to
receive any amount in the Collection Account received in respect of the affected
Mortgage Loan or other Mortgage Loans.
If
the
Servicer determines, as described above, that it is in the best economic
interest of the Trust Fund to take such actions as are necessary to bring any
such Mortgaged Property into compliance with applicable environmental laws,
or
to take such action with respect to the containment, clean-up or remediation
of
hazardous substances, hazardous materials, hazardous wastes or petroleum-based
materials affecting any such Mortgaged Property, then the Servicer shall take
such action as it deems to be in the best economic interest of the Trust Fund;
provided that any amounts disbursed by the Servicer pursuant to this Section
3.16(b) shall constitute Servicing Advances, subject to Section 4.04(d). The
cost of any such compliance, containment, clean-up or remediation shall be
advanced by the Servicer, subject to the Servicer’s right to be reimbursed
therefor from the Collection Account as provided in Section 3.11(a)(vii), such
right of reimbursement being prior to the rights of Certificateholders to
receive any amount in the Collection Account received in respect of the affected
Mortgage Loan or other Mortgage Loans.
(c) The
Servicer may, at its option, purchase a Mortgage Loan which has become 90 or
more days delinquent or for which the Servicer has accepted a deed in lieu
of
foreclosure. Prior to purchase pursuant to this Section 3.16(c), the
Servicer shall be required to continue to make Advances pursuant to Section
4.04. The Servicer shall not use any procedure in selecting Mortgage
Loans to be repurchased which is materially adverse to the interests of the
Certificateholders. The Servicer shall purchase such delinquent
Mortgage Loan at a price equal to the Purchase Price of such Mortgage
Loan. Any such purchase of a Mortgage Loan pursuant to this Section
3.16(c) shall be accomplished by deposit in the Collection Account of the amount
of the Purchase Price. Upon the satisfaction of the requirements set
forth in Section 3.17(a), the Trustee shall immediately deliver the Mortgage
File and any related documentation to the Servicer and will execute such
documents provided to it as are necessary to convey the Mortgage Loan to the
Servicer.
(d) Proceeds
received in connection with any Final Recovery Determination, as well as any
recovery resulting from a partial collection of Insurance Proceeds, Liquidation
Proceeds or condemnation proceeds, in respect of any Mortgage Loan, will be
applied in the following order of priority: first, to unpaid Servicing Fees;
second, to reimburse the Servicer or any Sub-Servicer for any related
unreimbursed Servicing Advances pursuant to Section 3.11(a)(iii) and Advances
pursuant to Section 3.11(a)(ii); third, to accrued and unpaid interest on the
Mortgage Loan, to the date of the Final Recovery Determination, or to the Due
Date prior to the Distribution Date on which such amounts are to be distributed
if not in connection with a Final Recovery Determination; and fourth, as a
recovery of principal of the Mortgage Loan. The portion of the recovery so
allocated to unpaid Servicing Fees shall be reimbursed to the Servicer or any
Sub-Servicer pursuant to Section 3.11(a)(iii).
SECTION
3.17
|
Trustee
to Cooperate; Release of Mortgage
Files.
|
(a) Upon
the
payment in full of any Mortgage Loan, or the receipt by the Servicer of a
notification that payment in full shall be escrowed in a manner customary for
such purposes, the Servicer shall deliver to the Trustee, in written (with
two
executed copies) or electronic format, a Request for Release in the form of
Exhibit E hereto (which certification shall include a statement to the effect
that all amounts received or to be received in connection with such payment
which are required to be deposited in the Collection Account pursuant to Section
3.10 have been or will be so deposited) signed by a Servicing Officer (or in
a
mutually agreeable electronic format that will, in lieu of a signature on its
face, originate from a Servicing Officer) and shall request delivery to it
or
its designee of the Mortgage File. Upon receipt of such certification and
request, the Trustee shall release the related Mortgage File to the Servicer
or
its designee (which, shall be sent by overnight mail at the Servicer’s expense).
Except as otherwise provided herein, no expenses incurred in connection with
any
instrument of satisfaction or deed of reconveyance shall be chargeable to the
Collection Account or the Distribution Account.
(b) From
time
to time and as appropriate for the servicing or foreclosure of any Mortgage
Loan, including, for this purpose, collection under any insurance policy
relating to the Mortgage Loans, the Trustee shall, upon any request made by
or
on behalf of the Servicer and delivery to the Trustee of two executed copies
of
a written Request for Release in the form of Exhibit E hereto signed by a
Servicing Officer (or in a mutually agreeable electronic format that will,
in
lieu of a signature on its face, originate from a Servicing Officer), release
the related Mortgage File to the Servicer or its designee within three Business
Days, which, shall be sent by overnight mail, at the expense of the Servicer
or
the related Mortgagor, and the Trustee (or the Custodian on behalf of the
Trustee) shall, at the written direction of the Servicer, execute such documents
provided to it by the Servicer as shall be necessary to the prosecution of
any
such proceedings. Such Request for Release shall obligate the Servicer to return
each and every document previously requested from the Mortgage File to the
Trustee (or the Custodian on behalf of the Trustee) when the need therefor
by
the Servicer no longer exists, unless the Mortgage Loan has been liquidated
and
the Liquidation Proceeds relating to the Mortgage Loan have been deposited
in
the Collection Account or the Mortgage File or such document has been delivered
to an attorney, or to a public trustee or other public official as required
by
law, for purposes of initiating or pursuing legal action or other proceedings
for the foreclosure of the Mortgaged Property either judicially or
non-judicially, and the Servicer has delivered, or caused to be delivered,
to
the Trustee an additional Request for Release certifying as to such liquidation
or action or proceedings. Upon the request of the Trustee (or the Custodian
on
behalf of the Trustee), the Servicer shall provide notice to the Trustee (or
the
Custodian on behalf of the Trustee) of the name and address of the Person to
which such Mortgage File or such document was delivered and the purpose or
purposes of such delivery. Upon receipt of a Request for Release, in written
(with two executed copies) or electronic format (or in a mutually agreeable
electronic format that will, in lieu of a signature on its face, originate
from
a Servicing Officer), from a Servicing Officer stating that such Mortgage Loan
was liquidated and that all amounts received or to be received in connection
with such liquidation that are required to be deposited into the Collection
Account have been so deposited, or that such Mortgage Loan has become an REO
Property, such Mortgage Loan shall be released by the Trustee (or the Custodian
on behalf of the Trustee) to the Servicer or its designee within three Business
Days.
(c) Upon
written certification of a Servicing Officer, the Trustee (or the Custodian
on
behalf of the Trustee) shall execute and deliver to the Servicer or the
Sub-Servicer, as the case may be, copies of any court pleadings, requests for
trustee’s sale or other documents necessary to the foreclosure or trustee’s sale
in respect of a Mortgaged Property or to any legal action brought to obtain
judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain
a
deficiency judgment, or to enforce any other remedies or rights provided by
the
Mortgage Note or Mortgage or otherwise available at law or in equity. Each
such
certification shall include a request that such pleadings or documents be
executed by the Trustee (or the Custodian on behalf of the Trustee) and a
statement as to the reason such documents or pleadings are required and that
the
execution and delivery thereof by the Trustee (or the Custodian on behalf of
the
Trustee) will not invalidate or otherwise affect the lien of the Mortgage,
except for the termination of such a lien upon completion of the foreclosure
or
trustee’s sale.
SECTION
3.18
|
Servicing
Compensation.
|
As
compensation for its activities hereunder, the Servicer shall be entitled to
the
Servicing Fee with respect to each Mortgage Loan payable solely from payments
of
interest in respect of such Mortgage Loan, subject to Section 3.24. In addition,
the Servicer shall be entitled to recover unpaid Servicing Fees out of Insurance
Proceeds, Liquidation Proceeds or condemnation proceeds to the extent permitted
by Section 3.11(a)(iii) and out of amounts derived from the operation and sale
of an REO Property to the extent permitted by Section 3.23. Except as provided
in Section 3.29, the right to receive the Servicing Fee may not be transferred
in whole or in part except in connection with the transfer of all of the
Servicer’s responsibilities and obligations under this Agreement; provided,
however, that the Servicer may pay from the Servicing Fee any amounts due to
a
Sub-Servicer pursuant to a Sub-Servicing Agreement entered into under Section
3.02.
Additional
servicing compensation in the form of assumption fees, late payment charges,
insufficient funds charges, ancillary income or otherwise (other than Prepayment
Charges) shall be retained by the Servicer only to the extent such fees or
charges are received by the Servicer. The Servicer shall also be entitled
pursuant to Section 3.11(a)(iv) to withdraw from the Collection Account and
pursuant to Section 3.23(b) to withdraw from any REO Account, as additional
servicing compensation, interest or other income earned on deposits therein,
subject to Section 3.12 and Section 3.24. The Servicer shall be required to
pay
all expenses incurred by it in connection with its servicing activities
hereunder (including premiums for the insurance required by Section 3.14, to
the
extent such premiums are not paid by the related Mortgagors or by a
Sub-Servicer, and servicing compensation of each Sub-Servicer) and shall not
be
entitled to reimbursement therefor except as specifically provided
herein.
The
Servicer shall be entitled to any Prepayment Interest Excess, which it may
withdraw from the Collection Account pursuant to Section
3.11(a)(ix).
SECTION
3.19
|
Reports
to the Trustee; Collection Account
Statements.
|
Not
later
than twenty days after each Distribution Date, the Servicer shall forward to
the
NIMS Insurer and, upon request, to the Trustee and the Depositor the most
current available bank statement for the Collection Account. Copies
of such statement shall be provided by the Trustee to any Certificateholder
and
to any Person identified to the Trustee as a prospective transferee of a
Certificate, upon request at the expense of the requesting party, provided
such
statement is delivered by the Servicer to the Trustee.
SECTION
3.20
|
Statement
of Compliance.
|
The
Servicer will deliver to the Trustee not later than March 15th of each
calendar
year, commencing in 2008, an Officers’ Certificate (an “Annual Statement of
Compliance”) stating, as to each signatory thereof, that (i) a review of the
activities of the Servicer during the preceding calendar year and of performance
under this Agreement has been made under such officers’ supervision and (ii) to
the best of such officers’ knowledge, based on such review, the Servicer has
fulfilled all of its obligations under this Agreement in all material respects
throughout such year, or, if there has been a failure to fulfill any such
obligation, in any material respect, specifying each such failure known to
such
officer and the nature and status of cure provisions thereof. Such Annual
Statement of Compliance shall contain no restrictions or limitations on its
use. The Servicer shall deliver a similar Annual Statement of
Compliance by any Sub-Servicer to which the Servicer has delegated any servicing
responsibilities with respect to the Mortgage Loans, to the Trustee as described
above as and when required with respect to the Servicer.
If
the
Servicer cannot deliver the related Annual Statement of Compliance by March
15th of such
year, the Depositor, may permit a cure period for the Servicer to deliver such
Annual Statement of Compliance, but in no event later than March 25th of such
year.
Any
failure by the Servicer to deliver the Annual Statement of Compliance required
under this Section 3.20, which Annual Statement of Compliance is required as
part of a Form 10-K with respect to the Trust Fund, shall constitute a Servicer
Event of Termination, and the Trustee may (at the direction of the Depositor)
terminate the rights and obligations of the Servicer under this Agreement
without payment (notwithstanding anything in this Agreement to the contrary)
of
any compensation to the Servicer (other than the Servicer’s rights to
reimbursement of unreimbursed Advances and Servicing Advances and
accrued and unpaid Servicing Fees in the manner provided in this Agreement);
provided that to the extent that any provision of this Agreement expressly
provides for the survival of certain rights or obligations following termination
of the Servicer as servicer, such provision shall be given effect.
The
Servicer shall indemnify and hold harmless the Depositor and the Trustee and
their respective officers, directors and Affiliates from and against any actual
losses, damages, penalties, fines, forfeitures, reasonable and necessary legal
fees and related costs, judgments and other costs and expenses that such Person
may sustain based upon a breach of the Servicer's obligations under this Section
3.20.
SECTION
3.21
|
Assessments
of Compliance and Attestation
Reports.
|
The
Servicer shall deliver to the Trustee on or before March 15th of each
calendar
year beginning in 2008, a report regarding the Servicer’s assessment of
compliance (an “Assessment of Compliance”) with the applicable Servicing
Criteria (as set forth in Exhibit R) during the preceding calendar
year. The Assessment of Compliance must contain the
following:
(a) A
statement by such officer of its responsibility for assessing compliance with
the Servicing Criteria applicable to the Servicer;
(b) A
statement by such officer that such officer used the Servicing Criteria, and
which will also be attached to the Assessment of Compliance, to assess
compliance with the Servicing Criteria applicable to the Servicer;
(c) An
assessment by such officer of the Servicer’s compliance with the applicable
Servicing Criteria for the period consisting of the preceding calendar year,
including disclosure of any material instance of noncompliance with respect
thereto during such period, which assessment shall be based on the activities
it
performs with respect to asset-backed securities transactions taken as a whole
involving the Servicer, that are backed by the same asset type as the Mortgage
Loans; and
(d) A
statement that a registered public accounting firm has issued an attestation
report on the Servicer’s Assessment of Compliance for the period consisting of
the preceding calendar year.
Such
report at a minimum shall address each of the Servicing Criteria specified
on
Exhibit R hereto which are indicated as applicable to the Servicer.
On
or
before March 15th of each
calendar
year beginning in 2008, the Servicer shall furnish to the Trustee a report
(an
“Attestation Report”) by a registered public accounting firm that attests to,
and reports on, the Assessment of Compliance made by the Servicer, as required
by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation
AB, which Attestation Report must be made in accordance with standards for
attestation reports issued or adopted by the Public Company Accounting Oversight
Board.
The
Servicer shall cause and any Sub-Servicer, and each subcontractor determined
by
the Servicer to be “participating in the servicing function” within the meaning
of Item 1122 of Regulation AB, to deliver to the Trustee and the Depositor
an
Assessment of Compliance and Attestation Report as and when provided
above.
Such
Assessment of Compliance, as to any Sub-Servicer, shall address each of the
Servicing Criteria applicable to the Sub-Servicer. Notwithstanding
the foregoing, as to any subcontractor determined by the Servicer to be
“participating in the servicing function,” an Assessment of Compliance is not
required to be delivered unless it is required as part of a Form 10-K with
respect to the Trust Fund.
If
the
Servicer cannot deliver any Assessment of Compliance or Attestation Report
by
March 15th of
such year, the Depositor, may permit a cure period for the Servicer to deliver
such Assessment of Compliance or Attestation Report, but in no event later
than
March 25th of
such year.
Any
failure by the Servicer (or any Sub-Servicer or subcontractor determined by
the
Servicer to be “participating in the servicing function”) to deliver any
information, report, certification or accountants’ letter when and as required
under this Section 3.21, which information, report, certification or
accountants’ letter is required as part of a Form 10-K with respect to the Trust
Fund, including (except as provided below) any failure by the Servicer to
identify any subcontractor “participating in the servicing function” within the
meaning of Item 1122 of Regulation AB, shall constitute a Servicer Event of
Termination, and the Trustee may (at the direction of the Depositor) terminate
the rights and obligations of the Servicer under this Agreement without payment
(notwithstanding anything in this Agreement to the contrary) of any compensation
to the Servicer (other than the Servicer’s rights to reimbursement of
unreimbursed Advances and Servicing Advances and accrued and unpaid Servicing
Fees in the manner provided in this Agreement); provided that to the extent
that
any provision of this Agreement expressly provides for the survival of certain
rights or obligations following termination of the Servicer as servicer, such
provision shall be given effect.
The
Trustee shall also provide an Assessment of Compliance and Attestation Report,
as and when provided above, which shall at a minimum address each of the
Servicing Criteria specified on Exhibit R hereto which are indicated as
applicable to the “trustee”. Notwithstanding the foregoing, as to any
trustee, an Assessment of Compliance is not required to be delivered unless
it
is required as part of a Form 10-K with respect to the Trust Fund.
Each
of
the Servicer and the Trustee shall indemnify and hold harmless the Depositor
and
the Trustee, as applicable and its officers, directors and Affiliates from
and
against any actual losses, damages, penalties, fines, forfeitures, reasonable
and necessary legal fees and related costs, judgments and other costs and
expenses that such Person may sustain based upon a breach of the Servicer’s or
the Trustee’s obligations, as applicable, under this Section 3.21.
SECTION
3.22
|
Access
to Certain Documentation; Filing of Reports by
Trustee.
|
The
Servicer shall provide to the Office of Thrift Supervision, the FDIC, and any
other federal or state banking or insurance regulatory authority that may
exercise authority over any Certificateholder, access to the documentation
regarding the Mortgage Loans required by applicable laws and regulations. Such
access shall be afforded without charge, but only upon reasonable request and
during normal business hours at the offices of the Servicer designated by it.
In
addition, access to the documentation regarding the Mortgage Loans will be
provided to the Trustee, the NIMS Insurer and to any Person identified to the
Servicer as a prospective transferee of a Certificate, upon reasonable request
during normal business hours at the offices of the Servicer designated by it,
at
the expense of the Person requesting such access.
SECTION
3.23
|
Title,
Management and Disposition of REO
Property.
|
(a) The
deed
or certificate of sale of any REO Property shall, subject to applicable laws,
be
taken in the name of the Trustee, or its nominee, in trust for the benefit
of
the Certificateholders. The Servicer, on behalf of REMIC 1, shall sell any
REO
Property as soon as practicable and in any event no later than the end of the
third full taxable year after the taxable year in which such REMIC acquires
ownership of such REO Property for purposes of Section 860G(a)(8) of the Code
or
request from the Internal Revenue Service, no later than 60 days before the
day
on which the three-year grace period would otherwise expire, an extension of
such three-year period, unless the Servicer shall have delivered to the Trustee
and the NIMS Insurer an Opinion of Counsel acceptable to the NIMS Insurer and
addressed to the Trustee, the NIMS Insurer and the Depositor, to the effect
that
the holding by the REMIC of such REO Property subsequent to three years after
its acquisition will not result in the imposition on the REMIC of taxes on
“prohibited transactions” thereof, as defined in Section 860F of the Code, or
cause any of the REMICs created hereunder to fail to qualify as a REMIC under
Federal law at any time that any Certificates are outstanding. The Servicer
shall manage, conserve, protect and operate each REO Property for the
Certificateholders solely for the purpose of its prompt disposition and sale
in
a manner which does not cause such REO Property to fail to qualify as
“foreclosure property” within the meaning of Section 860G(a)(8) of the Code or
result in the receipt by any of the REMICs created hereunder 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.
(b) The
Servicer shall separately account for all funds collected and received in
connection with the operation of any REO Property and shall establish and
maintain, or cause to be established and maintained, with respect to REO
Properties an account held in trust for the Trustee for the benefit of the
Certificateholders (the “REO Account”), which shall be an Eligible Account. The
Servicer shall be permitted to allow the Collection Account to serve as the
REO
Account, subject to separate ledgers for each REO Property. The Servicer shall
be entitled to retain or withdraw any interest income paid on funds deposited
in
the REO Account.
(c) The
Servicer shall have full power and authority, subject only to the specific
requirements and prohibitions of this Agreement, to do any and all things in
connection with any REO Property as are consistent with the manner in which
the
Servicer manages and operates similar property owned by the Servicer or any
of
its Affiliates, all on such terms and for such period (subject to the
requirement of prompt disposition set forth in Section 3.23(a)) as the Servicer
deems to be in the best interests of Certificateholders. In connection
therewith, the Servicer shall deposit, or cause to be deposited in the REO
Account, in no event more than two Business Days after the Servicer’s receipt
thereof, all revenues received by it with respect to an REO Property and shall
withdraw therefrom funds necessary for the proper operation, management and
maintenance of such REO Property including, without limitation:
(i) all
insurance premiums due and payable in respect of such REO Property;
(ii) all
real
estate taxes and assessments in respect of such REO Property that may result
in
the imposition of a lien thereon; and
(iii) all
costs
and expenses necessary to maintain, operate and dispose of such REO
Property.
To
the
extent that amounts on deposit in the REO Account with respect to an REO
Property are insufficient for the purposes set forth in clauses (i) through
(iii) above with respect to such REO Property, the Servicer shall advance from
its own funds such amount as is necessary for such purposes if, but only if,
the
Servicer would make such advances if the Servicer owned the REO Property and
if
in the Servicer’s judgment, the payment of such amounts will be recoverable from
the rental or sale of the REO Property.
Notwithstanding
the foregoing, neither the Servicer nor the Trustee shall:
(A) authorize
the Trust Fund to enter into, renew or extend any New Lease with respect to
any
REO Property, if the New Lease by its terms will give rise to any income that
does not constitute Rents from Real Property;
(B) authorize
any amount to be received or accrued under any New Lease other than amounts
that
will constitute Rents from Real Property;
(C) authorize
any construction on any REO Property, other than the completion of a building
or
other improvement thereon, and then only if more than ten percent of the
construction of such building or other improvement was completed before default
on the related Mortgage Loan became imminent, all within the meaning of Section
856(e)(4)(B) of the Code; or
(D) authorize
any Person to Directly Operate any REO Property on any date more than 90 days
after its date of acquisition by the Trust Fund;
unless,
in any such case, the Servicer has obtained an Opinion of Counsel, provided
to
the Trustee and the NIMS Insurer, to the effect that such action will not cause
such REO Property to fail to qualify as “foreclosure property” within the
meaning of Section 860G(a)(8) of the Code at any time that it is held by the
REMIC, in which case the Servicer may take such actions as are specified in
such
Opinion of Counsel.
The
Servicer may contract with any Independent Contractor for the operation and
management of any REO Property, provided that:
(iv) the
terms
and conditions of any such contract shall not be inconsistent
herewith;
(v) any
such
contract shall require, or shall be administered to require, that the
Independent Contractor pay all costs and expenses incurred in connection with
the operation and management of such REO Property, including those listed above
and remit all related revenues (net of such costs and expenses) to the Servicer
as soon as practicable, but in no event later than thirty days following the
receipt thereof by such Independent Contractor;
(vi) none
of
the provisions of this Section 3.23(c) relating to any such contract or to
actions taken through any such Independent Contractor shall be deemed to relieve
the Servicer of any of its duties and obligations to the Trustee on behalf
of
the Certificateholders with respect to the operation and management of any
such
REO Property; and
(vii) the
Servicer shall be obligated with respect thereto to the same extent as if it
alone were performing all duties and obligations in connection with the
operation and management of such REO Property.
The
Servicer shall be entitled to enter into any agreement with any Independent
Contractor performing services for it related to its duties and obligations
hereunder for indemnification of the Servicer by such Independent Contractor,
and nothing in this Agreement shall be deemed to limit or modify such
indemnification. The Servicer shall be solely liable for all fees
owed by it to any such Independent Contractor, irrespective of whether the
Servicer’s compensation pursuant to Section 3.18 is sufficient to pay such fees;
provided, however, that to the extent that any payments made by such Independent
Contractor would constitute Servicing Advances if made by the Servicer, such
amounts shall be reimbursable as Servicing Advances made by the
Servicer.
(d) In
addition to the withdrawals permitted under Section 3.23(c), the Servicer may
from time to time make withdrawals from the REO Account for any REO Property:
(i) to pay itself or any Sub-Servicer unpaid Servicing Fees in respect of the
related Mortgage Loan; and (ii) to reimburse itself or any Sub-Servicer for
unreimbursed Servicing Advances and Advances made in respect of such REO
Property or the related Mortgage Loan. On the Servicer Remittance Date, the
Servicer shall withdraw from each REO Account maintained by it and deposit
into
the Distribution Account in accordance with Section 3.10(d)(ii), for
distribution on the related Distribution Date in accordance with Section 4.01,
the income from the related REO Property received during the prior calendar
month, net of any withdrawals made pursuant to Section 3.23(c) or this Section
3.23(d).
(e) Subject
to the time constraints set forth in Section 3.23(a), each REO Disposition
shall
be carried out by the Servicer in a manner, at such price and upon such terms
and conditions as shall be normal and usual in the Servicing
Standard.
(f) The
proceeds from the REO Disposition, net of any amount required by law to be
remitted to the Mortgagor under the related Mortgage Loan and net of any payment
or reimbursement to the Servicer or any Sub-Servicer as provided above, shall
be
deposited in the Distribution Account in accordance with Section 3.10(d)(ii)
on
the Servicer Remittance Date in the month following the receipt thereof for
distribution on the related Distribution Date in accordance with Section 4.01.
Any REO Disposition shall be for cash only (unless changes in the REMIC
Provisions made subsequent to the Startup Day allow a sale for other
consideration).
(g) The
Servicer shall file information returns with respect to the receipt of mortgage
interest received in a trade or business, reports of foreclosures and
abandonments of any Mortgaged Property and cancellation of indebtedness income
with respect to any Mortgaged Property as required by the Code. Such reports
shall be in form and substance sufficient to meet the reporting requirements
of
the Code.
SECTION
3.24
|
Obligations
of the Servicer in Respect of Prepayment Interest
Shortfalls.
|
Not
later
than 1:00 p.m. New York time on each Servicer Remittance Date, the Servicer
shall remit to the Distribution Account an amount (“Compensating Interest”)
equal to the lesser of (A) the aggregate of the Prepayment Interest Shortfalls
for the related Distribution Date and (B) its aggregate Servicing Fee received
in the related Due Period and any Prepayment Interest Excess for the related
Distribution Date. The Servicer shall not have the right to reimbursement for
any amounts remitted to the Trustee in respect of Compensating Interest. Such
amounts so remitted shall be included in the Available Funds and distributed
therewith on the next Distribution Date. The Servicer shall not be
obligated to pay Compensating Interest with respect to Relief Act Interest
Shortfalls.
SECTION
3.25
|
[Reserved].
|
SECTION
3.26
|
Obligations
of the Servicer in Respect of Mortgage Rates and Monthly
Payments.
|
In
the
event that a shortfall in any collection on or liability with respect to the
Mortgage Loans in the aggregate results from or is attributable to adjustments
to Mortgage Rates, Monthly Payments or Stated Principal Balances that were
made
by the Servicer in a manner not consistent with the terms of the related
Mortgage Note and this Agreement, the Servicer, upon discovery or receipt of
notice thereof, immediately shall deposit in the Collection Account from its
own
funds the amount of any such shortfall and shall indemnify and hold harmless
the
Trust Fund, the Trustee, the Depositor and any successor servicer in respect
of
any such liability. Such indemnities shall survive the termination or discharge
of this Agreement. Notwithstanding the foregoing, this Section 3.26 shall not
limit the ability of the Servicer to seek recovery of any such amounts from
the
related Mortgagor under the terms of the related Mortgage Note, as permitted
by
law.
SECTION
3.27
|
Solicitations.
|
From
and
after the Closing Date, the Servicer agrees that it will not take any action
or
permit or cause any action to be taken by any of its agents and Affiliates,
or
by any independent contractors or independent mortgage brokerage companies
on
the Servicer's behalf, to personally, by telephone, mail or electronic mail,
solicit the Mortgagor under any Mortgage Loan for the purpose of refinancing
such Mortgage Loan; provided, that the Servicer may solicit any Mortgagor
for whom the Servicer has received a request for verification of mortgage,
a
request for demand for payoff, a mortgagor initiated written or verbal
communication indicating a desire to prepay the related Mortgage Loan, another
mortgage company has pulled a credit report on the mortgagor or the mortgagor
initiates a title search; provided further, it is understood and agreed that
promotions undertaken by the Servicer or any of its Affiliates which (i) concern
optional insurance products or other additional products or (ii) are directed
to
the general public at large, including, without limitation, mass mailings based
on commercially acquired mailing lists, newspaper, radio and television
advertisements shall not constitute solicitation under this Section, nor is
the
Servicer prohibited from responding to unsolicited requests or inquiries made
by
a Mortgagor or an agent of a Mortgagor. Furthermore, the Servicer
shall be permitted to include in its monthly statements to borrowers or
otherwise, statements regarding the availability of the Servicer’s counseling
services with respect to refinancing mortgage loans.
Notwithstanding
the foregoing, with respect to any Fixed Rate Mortgage Loan, the Servicer may
solicit the Mortgagor for the purpose of refinancing such Mortgage Loan,
beginning 60 days prior to the later of (i) the expiration of the related
Prepayment Charge term, if applicable and (ii) 24 months following origination
of such Mortgage Loan and with respect to any Adjustable Rate Mortgage Loan,
the
Servicer may solicit the Mortgagor for the purpose of refinancing such Mortgage
Loan, beginning 60 days prior to the later of (i) the expiration of the related
Prepayment Charge term, if applicable and (ii) the expiration of any applicable
fixed rate period.
SECTION
3.28
|
[Reserved].
|
SECTION
3.29
|
Advance
Facility.
|
The
Servicer, with the consent of the NIMS Insurer, is hereby authorized to enter
into a financing or other facility (any such arrangement, an “Advance Facility”)
under which (1) the Servicer sells, assigns or pledges to another Person
(together with such Person’s successors and assigns, an “Advancing Person”) the
Servicer’s rights under this Agreement to be reimbursed for any Advances or
Servicing Advances and/or (2) an Advancing Person agrees to fund some or all
Advances and/or Servicing Advances required to be made by the Servicer pursuant
to this Agreement. No consent of the Depositor, the Trustee, the
Certificateholders or any other party (other than the NIMS Insurer consent)
shall be required before the Servicer may enter into an Advance
Facility. The Servicer shall notify the NIMS Insurer and each other
party to this Agreement prior to or promptly after entering into or terminating
any Advance Facility. Notwithstanding the existence of any Advance
Facility under which an Advancing Person agrees to fund Advances and/or
Servicing Advances on the Servicer’s behalf, the Servicer shall remain obligated
pursuant to this Agreement to make Advances and Servicing Advances pursuant
to
and as required by this Agreement. If the Servicer enters into an
Advance Facility, and for so long as an Advancing Person remains entitled to
receive reimbursement for any Advances including Nonrecoverable Advances
(“Advance Reimbursement Amounts”) and/or Servicing Advances including
Nonrecoverable Advances (“Servicing Advance Reimbursement Amounts” and together
with Advance Reimbursement Amounts, “Reimbursement Amounts”) (in each case to
the extent such type of Reimbursement Amount is included in the Advance
Facility), as applicable, pursuant to this Agreement, then the Servicer shall
identify such Reimbursement Amounts consistent with the reimbursement rights
set
forth in Section 3.11(a)(ii), (iii), (vi) and (vii) and remit such Reimbursement
Amounts in accordance with Section 3.10(b) or otherwise in accordance with
the
documentation establishing the Advance Facility to such Advancing Person or
to a
trustee, agent or custodian (an “Advance Facility Trustee”) designated by such
Advancing Person. Notwithstanding the foregoing, if so required
pursuant to the terms of the Advance Facility, the Servicer may direct, and
if
so directed the Trustee is hereby authorized to and shall pay to the Advance
Facility Trustee the Reimbursement Amounts identified pursuant to the preceding
sentence. Notwithstanding anything to the contrary herein, in no
event shall Advance Reimbursement Amounts or Servicing Advance Reimbursement
Amounts be included in the Available Funds or distributed to
Certificateholders.
If
the
terms of a facility proposed to be entered into with an Advancing Person by
the
Trust Fund would not materially and adversely affect the interests of any
Certificateholder, then the NIMS Insurer shall not withhold its consent to
the
Trust Fund’s entering such facility.
Reimbursement
Amounts shall consist solely of amounts in respect of Advances and/or Servicing
Advances made with respect to the Mortgage Loans for which the Servicer would
be
permitted to reimburse itself in accordance with this Agreement, assuming the
Servicer or the Advancing Person had made the related Advance(s) and/or
Servicing Advance(s). Notwithstanding the foregoing, except with
respect to reimbursement of Nonrecoverable Advances as set forth in this
Agreement, no Person shall be entitled to reimbursement from funds held in
the
Collection Account for future distribution to Certificateholders pursuant to
this Agreement. None of the Depositor or the Trustee shall have any
duty or liability with respect to the calculation of any Reimbursement Amount,
nor shall the Depositor or the Trustee have any responsibility to track or
monitor the administration of the Advance Facility or the payment of
Reimbursement Amounts to the related Advancing Person or Advance Facility
Trustee. The Servicer shall maintain and provide to any successor
servicer and (upon request) the Trustee a detailed accounting on a loan by
loan
basis as to amounts advanced by, sold, pledged or assigned to, and reimbursed
to
any Advancing Person. The successor servicer shall be entitled to
rely on any such information provided by the predecessor servicer, and the
successor servicer shall not be liable for any errors in such
information. Any successor Servicer shall reimburse the predecessor
Servicer and itself for outstanding Advances and Servicing Advances,
respectively, with respect to each Mortgage Loan on a first in, first out
(“FIFO”) basis; provided that the successor Servicer has received prior written
notice from the predecessor Servicer or the Advancing Person of reimbursement
amounts owed to the predecessor Servicer. Liquidation Proceeds with
respect to a Mortgage Loan shall be applied to reimburse Advances outstanding
with respect to that Mortgage Loan before being applied to reimburse Servicing
Advances outstanding with respect to that Mortgage Loan.
An
Advancing Person who receives an assignment or pledge of the rights to be
reimbursed for Advances and/or Servicing Advances, and/or whose obligations
hereunder are limited to the funding or purchase of Advances and/or Servicing
Advances shall not be required to meet the criteria for qualification of a
subservicer set forth in this Agreement.
Upon
the
direction of and at the expense of the Servicer, the Trustee agrees to execute
such acknowledgments provided by the Servicer recognizing the interests of
any
Advance Facility Trustee in such Reimbursement Amounts as the Servicer may
cause
to be made subject to Advance Facilities pursuant to this Section
3.29.
The
Servicer shall remain entitled to be reimbursed for all Advances and Servicing
Advances funded by the Servicer to the extent the related rights to be
reimbursed therefor have not been sold, assigned or pledged to an Advancing
Person.
The
Servicer shall indemnify the Depositor, the Trustee, the NIMS Insurer, any
successor servicer and the Trust Fund for any loss, liability or damage
resulting from any claim by the related Advancing Person, except to the extent
that such claim, loss, liability or damage resulted from or arose out of
negligence, recklessness or willful misconduct or breach of its duties hereunder
on the part of the Depositor, the Trustee, the NIMS Insurer or any successor
servicer.
Any
amendment to this Section 3.29 or to any other provision of this Agreement
that
may be necessary or appropriate to effect the terms of an Advance Facility
as
described generally in this Section 3.29, including amendments to add provisions
relating to a successor servicer, may be entered into by the Trustee, the
Depositor and the Servicer without the consent of any Certificateholder but
with
the consent of the NIMS Insurer, provided such amendment complies with Section
11.01 hereof. All reasonable costs and expenses (including attorneys’
fees) of each party hereto of any such amendment shall be borne solely by the
Servicer. Prior to entering into an Advance Facility, the Servicer
shall notify the Advancing Person in writing that: (a) the Advances
and/or Servicing Advances purchased, financed by and/or pledged to the Advancing
Person are obligations owed to the Servicer on a non-recourse basis payable
only
from the cash flows and proceeds received under this Agreement for reimbursement
of Advances and/or Servicing Advances only to the extent provided herein, and
the Trustee and the Trust are not otherwise obligated or liable to repay any
Advances and/or Servicing Advances financed by the Advancing Person and (b)
the
Trustee shall not have any responsibility to track or monitor the administration
of the Advance Facility between the Servicer and the Advancing
Person.
ARTICLE
IV
FLOW
OF
FUNDS
SECTION
4.01
|
Distributions.
|
(a) (I)
On
each Distribution
Date, the Trustee shall withdraw that portion of Available Funds for such
Distribution Date consisting of the Group I Interest Remittance Amount for
such
Distribution Date, and make the following disbursements and transfers in the
order of priority described below, in each case to the extent of the Group
I
Interest Remittance Amount remaining for such Distribution Date:
(i) to
the
Holders of the Class I-A-1 Certificates, the Monthly Interest Distributable
Amount and the Unpaid Interest Shortfall Amount, if any, for such Class;
and
(ii) concurrently,
to the Holders of the Group II Certificates, on a pro rata basis based
on the entitlement of each such Class, an amount equal to the excess, if any,
of
(x) the amount required to be distributed pursuant to Section 4.01(a)(II)(i)
below for such Distribution Date over (y) the amount actually distributed
pursuant to such clause from the Group II Interest Remittance
Amount.
(II) On
each Distribution Date the Trustee shall withdraw from the Distribution Account
that portion of Available Funds for such Distribution Date consisting of the
Group II Interest Remittance Amount for such Distribution Date, and make the
following disbursements and transfers in the order of priority described below,
in each case to the extent of the Group II Interest Remittance Amount remaining
for such Distribution Date.
(iii) concurrently,
to the Holders of the Group II Certificates, on a pro rata basis based
on the entitlement of each such Class, the Monthly Interest Distributable Amount
and the Unpaid Interest Shortfall Amount, if any, for each such Class;
and
(iv) to
the
Holders of the Class I-A-1 Certificates, an amount equal to the excess, if
any,
of (x) the amount required to be distributed pursuant to Section 4.01(a)(I)(i)
above for such Distribution Date over (y) the amount actually distributed
pursuant to such clause from the Group I Interest Remittance
Amount.
(III) On
each Distribution Date, distributions to the extent of the sum of the Group
I
Interest Remittance Amount and the Group II Interest Remittance Amount remaining
undistributed for such Distribution Date shall be distributed sequentially,
to
the Holders of the Class M-1 Certificates, the Class M-2 Certificates, the
Class
M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the
Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates,
the Class M-9 Certificates and the Class M-10 Certificates, in that order,
in an
amount equal to the Monthly Interest Distributable Amount for each such
Class.
(b) (I) On
each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger
Event is in effect, distributions in respect of principal to the extent of
the
Group I Principal Distribution Amount shall be made in the following amounts
and
order of priority:
(i) to
the
Holders of the Class I-A-1 Certificates, until the Certificate Principal Balance
thereof has been reduced to zero; and
(ii) after
taking into account the amount distributed to the Holders of the Group II
Certificates pursuant to Section 4.01(b)(II)(i) below on such Distribution
Date,
to the Holders of the Group II Certificates (allocated among the Group II
Certificates in the priority described below), until the Certificate Principal
Balances thereof have been reduced to zero.
(II) On
each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger
Event is in effect, distributions in respect of principal to the extent of
the
Group II Principal Distribution Amount shall be made in the following amounts
and order of priority:
(iii) to
the
Holders of the Group II Certificates (allocated among Group II Certificates
in
the priority described below), until the Certificate Principal Balances thereof
have been reduced to zero; and
(iv) after
taking into account the amount distributed to the Holders of the Class I-A-1
Certificates pursuant to Section 4.01(b)(I)(i) above on such Distribution Date,
to the Holders of the Class I-A-1 Certificates, until the Certificate Principal
Balance thereof has been reduced to zero.
(III) On
each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger
Event is in effect, distributions in respect of principal to the extent of
the
sum of the Group I Principal Distribution Amount and the Group II Principal
Distribution Amount remaining undistributed for such Distribution Date shall
be
distributed sequentially, to the Holders of the Class M-1 Certificates, the
Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates,
the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7
Certificates, the Class M-8 Certificates, the Class M-9 Certificates and the
Class M-10 Certificates, in that order, in each case, until the Certificate
Principal Balance thereof has been reduced to zero.
(IV) On
each Distribution Date (a) on or after the Stepdown Date and (b) on which a
Trigger Event is not in effect, distributions in respect of principal to the
extent of the Group I Principal Distribution Amount shall be made in the
following amounts and order of priority:
(v) to
the
Holders of the Class I-A-1 Certificates, the Group I Senior Principal
Distribution Amount until the Certificate Principal Balance thereof has been
reduced to zero; and
(vi) to
the
Holders of the Group II Certificates (allocated among Group II Certificates
in
the priority described below), an amount equal to the excess, if any, of (x)
the
amount required to be distributed pursuant to Section 4.01(c)(V)(i) below for
such Distribution Date over (y) the amount actually distributed pursuant to
Section 4.01(c)(V)(i) below from the Group II Principal Distribution Amount
on
such Distribution Date.
(V) On
each Distribution Date (a) on or after the Stepdown Date and (b) on which a
Trigger Event is not in effect, distributions in respect of principal to the
extent of the Group II Principal Distribution Amount shall be made in the
following amounts and order of priority:
(vii) to
the
Holders of the Group II Certificates (allocated among Group II Certificates
in
the priority described below), the Group II Senior Principal Distribution Amount
until the Certificate Principal Balances thereof have been reduced to zero;
and
(viii) to
the
Holders of the Class I-A-1 Certificates, an amount equal to the excess, if
any,
of (x) the amount required to be distributed pursuant to Section 4.01(c)(IV)(i)
above for such Distribution Date over (y) the amount actually distributed
pursuant to Section 4.01(c)(IV)(i) above from the Group I Principal Distribution
Amount on such Distribution Date.
(VI) On
each Distribution Date (a) on or after the Stepdown Date and (b) on which a
Trigger Event is not in effect, distributions in respect of principal to the
extent of the sum of the Group I Principal Distribution Amount and the Group
II
Principal Distribution Amount remaining undistributed for such Distribution
Date
shall be made in the following amounts and order of priority:
(ix) to
the
Holders of the Class M-1 Certificates, the Class M-1 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(x) to
the
Holders of the Class M-2 Certificates, the Class M-2 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xi) to
the
Holders of the Class M-3 Certificates, the Class M-3 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xii) to
the
Holders of the Class M-4 Certificates, the Class M-4 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xiii) to
the
Holders of the Class M-5 Certificates, the Class M-5 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xiv) to
the
Holders of the Class M-6 Certificates, the Class M-6 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xv) to
the
Holders of the Class M-7 Certificates, the Class M-7 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xvi) to
the
Holders of the Class M-8 Certificates, the Class M-8 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
(xvii) to
the
Holders of the Class M-9 Certificates, the Class M-9 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero;
and
(xviii) to
the
Holders of the Class M-10 Certificates, the Class M-10 Principal Distribution
Amount until the Certificate Principal Balance thereof has been reduced to
zero.
With
respect to the Group II Certificates, all principal distributions will be
distributed sequentially, first, to the Holders of the Class II-A-1
Certificates, until the Certificate Principal Balance of the Class II-A-1
Certificates has been reduced to zero; second, to the Holders of the Class
II-A-2 Certificates, until the Certificate Principal Balance of the Class II-A-2
Certificates has been reduced to zero; third, to the Holders of the Class II-A-3
Certificates, until the Certificate Principal Balance of the Class II-A-3
Certificates has been reduced to zero and fourth, to the Holders of the Class
II-A-4 Certificates, until the Certificate Principal Balance of the Class II-A-4
Certificates has been reduced to zero; provided, however, on any Distribution
Date on which the aggregate Certificate Principal Balance of the Mezzanine
Certificates and the Class C Certificates has been reduced to zero, all
principal distributions will be distributed concurrently, to the Holders of
the
Class A Certificates, on a pro rata basis based on the Certificate
Principal Balance of each such Class.
(c) On
each
Distribution Date, the Net Monthly Excess Cashflow shall be distributed as
follows:
(i) to
the
Holders of the Class or Classes of Certificates then entitled to receive
distributions in respect of principal, in an amount equal to any Extra Principal
Distribution Amount, distributable to such Holders as part of the Group I
Principal Distribution Amount and/or the Group II Principal Distribution Amount
as described under Section 4.01(b) above;
(ii) sequentially,
to the Holders of the Class M-1 Certificates, Class M-2 Certificates, Class
M-3
Certificates, Class M-4 Certificates, Class M-5 Certificates, Class M-6
Certificates, Class M-7 Certificates, Class M-8 Certificates, Class M-9
Certificates and Class M-10 Certificates, in that order, in each case, first,
up
to the Unpaid Interest Shortfall Amount for each such Class and second, up
to
the Allocated Realized Loss Amount, for each such Class;
(iii) to
the
Net WAC Rate Carryover Reserve Account, the amount of any Net WAC Rate Carryover
Amounts, after taking into account amounts, if any, received under the Basis
Risk Cap Agreement;
(iv) to
the
Supplemental Interest Trust Trustee for payment to the Swap Provider, any Swap
Termination Payments resulting from a Swap Provider Trigger Event;
(v) to
the
Holders of the Class C Certificates, (a) the Monthly Interest Distributable
Amount for such Distribution Date and any Overcollateralization Release Amount
for such Distribution Date and (b) on any Distribution Date on which the
Certificate Principal Balances of the Class A and Mezzanine Certificates have
been reduced to zero, any remaining amounts in reduction of the Certificate
Principal Balance of the Class C Certificates, until the Certificate Principal
Balance thereof has been reduced to zero;
(vi) if
such
Distribution Date follows the Prepayment Period during which occurs the latest
date on which a Prepayment Charge may be required to be paid in respect of
any
Mortgage Loans, to the Holders of the Class P Certificates, in reduction of
the
Certificate Principal Balance thereof, until the Certificate Principal Balance
thereof is reduced to zero; and
(vii) any
remaining amounts to the Holders of the Residual Certificates (in respect of
the
Class R-3 Interest).
(d) On
each
Distribution Date, after making the distributions of the Available Funds as
set
forth above, the Trustee shall withdraw from the Net WAC Rate Carryover Reserve
Account, to the extent of amounts remaining on deposit therein, the aggregate
of
any Net WAC Rate Carryover Amounts for such Distribution Date and distribute
such amount in the following order of priority:
(i) concurrently,
to each Class of Class A Certificates, the related Basis Risk Cap Amount, from
payments made under the Basis Risk Cap Agreement, in each case up to a maximum
amount equal to the related Net WAC Rate Carryover Amount for such Distribution
Date;
(ii) sequentially,
the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3
Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class
M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the
Class M-9 Certificates and the Class M-10 Certificates, in that order, the
related Basis Risk Cap Amount, from payments made under the Basis Risk Cap
Agreement, in each case up to a maximum amount equal to the related Net WAC
Rate
Carryover Amount for such Distribution Date;
(iii) concurrently,
to each Class of Class A Certificates, the related Net WAC Rate Carryover Amount
remaining undistributed pursuant to clause (i) above, on a pro rata
basis based on such respective remaining Net WAC Rate Carryover Amounts;
and
(iv) sequentially,
to the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3
Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class
M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the
Class M-9 Certificates and the Class M-10 Certificates, in that order, the
related Net WAC Rate Carryover Amount remaining undistributed pursuant to clause
(ii) above.
(e) In
accordance with the first sentence of Section 4.10(b), on or before each
Distribution Date, Net Swap Payments (whether payable to the Swap Provider
or to
the Supplemental Interest Trust Trustee), any Swap Termination Payment owed
to
the Swap Provider not resulting from a Swap Provider Trigger Event pursuant
to
the Interest Rate Swap Agreement and any Swap Termination Payments owed to
the
Supplemental Interest Trust Trustee will be deposited by the Supplemental
Interest Trust Trustee into the Swap Account. On each Distribution
Date, the Trustee shall withdraw from amounts on deposit in the Swap Account
(other than amounts representing Swap Termination Payments received by the
Supplemental Interest Trust Trustee or Net Swap Payments received by the
Supplemental Interest Trust Trustee) prior to any distribution to any
Certificates and pay as follows:
(i) to
the
Swap Provider, any Net Swap Payment owed to the Swap Provider pursuant to the
Interest Rate Swap Agreement for such Distribution Date;
(ii) to
the
Swap Provider, any Swap Termination Payment owed to the Swap Provider not due
to
a Swap Provider Trigger Event pursuant to the Interest Rate Swap Agreement
and
to the extent not paid by the Trustee (in its capacity as Supplemental Interest
Trust Trustee) from any upfront payment received pursuant to any replacement
interest rate swap agreement;
(f) On
each
Distribution Date, after making the distributions of the Available Funds, Net
Monthly Excess Cashflow and amounts on deposit in the Net WAC Rate Carryover
Reserve Account as set forth above, the Trustee shall distribute the amount
on
deposit in the Swap Account as follows:
(i) concurrently,
to each Class of Class A Certificates, the related Monthly Interest
Distributable Amount and Unpaid Interest Shortfall Amount remaining
undistributed on such Distribution Date, on a pro rata basis based on
such respective remaining Monthly Interest Distributable Amount and Unpaid
Interest Shortfall Amount;
(ii) sequentially,
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, the related Monthly Interest Distributable Amount
and Unpaid Interest Shortfall Amount, to the extent remaining undistributed
on
such Distribution Date;
(iii) to
the
Holders of the Class or Classes of Certificates then entitled to receive
distributions in respect of principal, in an amount equal to any Extra Principal
Distribution Amount, distributable to such Holders as part of the Group I
Principal Distribution Amount and/or the Group II Principal Distribution
Amount;
(iv) sequentially
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, in each case up to the related Allocated Realized
Loss Amount related to such Certificates for such Distribution Date remaining
undistributed on such Distribution Date;
(v) concurrently,
to each Class of Class A Certificates, the related Net WAC Rate Carryover
Amount, to the extent remaining undistributed on such Distribution Date, on
a
pro rata basis based on such respective Net WAC Rate Carryover Amounts
remaining;
(vi) sequentially,
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, the related Net WAC Rate Carryover Amount, to
the
extent remaining undistributed on such Distribution Date; and
(vii) any
remaining amounts to the Holders of the Class C Certificates.
Notwithstanding
any of the foregoing, the aggregate amount distributed under Section
4.01(f)(iii) above on such Distribution Date, when added to the cumulative
amount distributed under Section 4.01(f)(iii) above on all prior Distribution
Dates, will not be permitted to exceed the cumulative amount of Realized Losses
incurred on the Mortgage Loans since the Cut-off Date through the last day
of
the Prepayment Period (reduced by the aggregate amount of Subsequent Recoveries
received since the Cut-off date through the last day of the Prepayment
Period). Any amounts that would otherwise be distributable from the
Supplemental Interest Trust on any Distribution Date under Section 4.01(f)(iii)
above, but for the foregoing proviso, will be retained in the Supplemental
Interest Trust and will be included in amounts available for distribution from
the Supplemental Interest Trust on the next succeeding Distribution Date,
subject to the foregoing proviso in the case of amounts to be distributed under
Section 4.01(f) (iii) above.
(g) On
each
Distribution Date, after making the distributions of the Available Funds, Net
Monthly Excess Cashflow, amounts on deposit in the Net WAC Rate Carryover
Reserve Account and amounts on deposit in the Swap Account as set forth above,
the Trustee shall distribute the amount on deposit in the Cap Account as
follows:
(i) concurrently,
to each Class of Class A Certificates, the related Monthly Interest
Distributable Amount and Unpaid Interest Shortfall Amount remaining
undistributed, on a pro rata basis based on such respective remaining
Monthly Interest Distributable Amount and Unpaid Interest Shortfall
Amount;
(ii) sequentially,
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, the related Monthly Interest Distributable Amount
and Unpaid Interest Shortfall Amount, to the extent remaining
undistributed;
(iii) to
the
Holders of the Class or Classes of Certificates then entitled to receive
distributions in respect of principal, in an amount equal to any Extra Principal
Distribution Amount, without taking into account amounts, if any, received
under
the Interest Rate Swap Agreement, distributable to such Holders as part of
the
Group I Principal Distribution Amount and/or the Group II Principal Distribution
Amount;
(iv) sequentially
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, in each case up to the related Allocated Realized
Loss Amount related to such Certificates for such Distribution Date remaining
undistributed;
(v) concurrently,
to each Class of Class A Certificates, the related Net WAC Rate Carryover
Amount, to the extent remaining undistributed after distributions are made
from
the Net WAC Rate Carryover Reserve Account, on a pro rata basis based
on such respective Net WAC Rate Carryover Amounts remaining
undistributed;
(vi) sequentially,
to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
M-7 Certificates, Class M-8 Certificates, Class M-9 Certificates and Class
M-10
Certificates, in that order, the related Net WAC Rate Carryover Amount, to
the
extent remaining undistributed; and
(vii) any
remaining amounts to the Seller or its designee, as set forth in the Cap
Allocation Agreement.
(h) On
each
Distribution Date, all amounts representing Prepayment Charges in respect of
the
Mortgage Loans received during the related Prepayment Period and any Servicer
Prepayment Charge Payment Amounts paid by the Servicer during the related
Prepayment Period will be withdrawn from the Distribution Account and
distributed by the Trustee to the Holders of the Class P Certificates and shall
not be available for distribution to the Holders of any other Class of
Certificates. The payment of the foregoing amounts to the Holders of the Class
P
Certificates shall not reduce the Certificate Principal Balances
thereof.
(i) On
each
Distribution Date, all amounts in excess of the par value of the Mortgage Loans
paid by the Originator in connection with a repurchase obligation received
during the related Prepayment Period will be withdrawn from the Distribution
Account and distributed by the Trustee to the Holders of the Class L
Certificates and shall not be available for distribution to the Holders of
any
other Class of Certificates.
(j) The
Trustee shall make distributions in respect of a Distribution Date to each
Certificateholder of record on the related Record Date (other than as provided
in Section 10.01 respecting the final distribution), in the case of
Certificateholders of the Regular Certificates, by check or money order mailed
to such Certificateholder at the address appearing in the Certificate Register,
or by wire transfer. Distributions among Certificateholders shall be made in
proportion to the Percentage Interests evidenced by the Certificates held by
such Certificateholders.
(k) Each
distribution with respect to a Book-Entry Certificate shall be paid to the
Depository, which shall credit the amount of such distribution to the accounts
of its Depository Participants in accordance with its normal procedures. Each
Depository Participant shall be responsible for disbursing such distribution
to
the Certificate Owners that it represents and to each indirect participating
brokerage firm (a “brokerage firm” or “indirect participating firm”) for which
it acts as agent. Each brokerage firm shall be responsible for disbursing funds
to the Certificate Owners that it represents. All such credits and disbursements
with respect to a Book-Entry Certificate are to be made by the Depository and
the Depository Participants in accordance with the provisions of the
Certificates. None of the Trustee, the Depositor or the Servicer shall have
any
responsibility therefor except as otherwise provided by applicable
law.
On
each
Distribution Date, following the foregoing distributions, an amount equal to
the
amount of Subsequent Recoveries deposited into the Collection Account pursuant
to Section 3.10 shall be applied to increase the Certificate Principal Balance
of the Class of Certificates with the Highest Priority up to the extent of
such
Realized Losses previously allocated to that Class of Certificates pursuant
to
Section 4.08. An amount equal to the amount of any remaining
Subsequent Recoveries shall be applied to increase the Certificate Principal
Balance of the Class of Certificates with the next Highest Priority, up to
the
amount of such Realized Losses previously allocated to that Class of
Certificates pursuant to Section 4.08. Holders of such Certificates
will not be entitled to any distribution in respect of interest on the amount
of
such increases for any Interest Accrual Period preceding the Distribution Date
on which such increase occurs. Any such increases shall be applied to
the Certificate Principal Balance of each Certificate of such Class in
accordance with its respective Percentage Interest.
(l) It
is the
intention of all of the parties hereto that the Class C Certificates receive
all
principal and interest received by the Trust on the Mortgage Loans that is
not
otherwise distributable to any other Class of Regular Certificates or REMIC
Regular Interests and that the Residual Certificates are to receive no principal
and interest. If the Trustee determines that the Residual Certificates are
entitled to any distributions, the Trustee, prior to any such distribution
to
any Residual Certificate, shall notify the Depositor of such impending
distribution but shall make such distribution in accordance with the terms
of
this Agreement until this Agreement is amended as specified in the following
sentence. Upon such notification, the Depositor will request an
amendment to the Pooling and Servicing Agreement to revise such mistake in
the
distribution provisions. The Residual Certificate Holders, by acceptance of
their Certificates, and the Servicer(s), hereby agree to any such amendment
and
no further consent shall be necessary, notwithstanding anything to the contrary
in Section 11.01 of this Pooling and Servicing Agreement; provided, however,
that such amendment shall otherwise comply with Section 11.01
hereof.
SECTION
4.02
|
[Reserved].
|
SECTION
4.03
|
Statements.
|
(a) On
each
Distribution Date, based, as applicable, on information provided to it by the
Servicer, the Trustee shall prepare and make available to each Holder of the
Regular Certificates, the NIMS Insurer, the Servicer, the Swap Provider and
the
Rating Agencies, a statement as to the distributions made on such Distribution
Date:
(i) the
amount of the distribution made on such Distribution Date to the Holders of
each
Class of Regular Certificates, separately identified, allocable to principal
and
the amount of the distribution made to the Holders of the Class P Certificates
allocable to Prepayment Charges and Servicer Prepayment Charge Payment
Amounts;
(ii) the
amount of the distribution made on such Distribution Date to the Holders of
each
Class of Regular Certificates (other than the Class P Certificates) allocable
to
interest, separately identified;
(iii) the
Net
Monthly Excess Cashflow, the Overcollateralized Amount, the
Overcollateralization Release Amount, the Overcollateralization Deficiency
Amount and the Overcollateralization Target Amount and the Credit Enhancement
Percentage as of such Distribution Date and the Excess Overcollateralized Amount
for the Mortgage Pool for such Distribution Date;
(iv) the
fees
and expenses of the Trust Fund accrued and paid on such Distribution Date and
to
whom such fees and expenses were paid;
(v) the
aggregate amount of Advances for the related Due Period (including the general
purpose of such Advances);
(vi) the
aggregate Principal Balance of the Mortgage Loans and any REO Properties as
of
the end of the related Due Period;
(vii) the
number, aggregate Stated Principal Balance, weighted average remaining term
to
maturity and weighted average Mortgage Rate of the Mortgage Loans as of the
related Determination Date;
(viii) the
number and aggregate unpaid Stated Principal Balance of Mortgage Loans (not
including a Liquidated Mortgage Loan as of the end of the Prepayment Period)
that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or
foreclosure and REO Properties) using the OTS Method (as described below) (1)
30
to 59 days, (2) 60 to 89 days and (3) 90 or more days, (B) as to which
foreclosure proceedings have been commenced and Delinquent (1) 30 to 59 days,
(2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcy and Delinquent
(1)
30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the
Close of Business on the last day of the calendar month preceding such
Distribution Date and (D) REO Properties, as well as the aggregate principal
balance of Mortgage Loans that were liquidated and the net proceeds resulting
therefrom;
(ix) the
total
number and cumulative Stated Principal Balance of all REO Properties as of
the
Close of Business of the last day of the calendar month preceding the related
Distribution Date;
(x) the
aggregate amount of Principal Prepayments made during the related Prepayment
Period, separately indicating Principal Prepayments in full and Principal
Prepayments in part;
(xi) the
Delinquency Percentage and the Realized Loss Percentage;
(xii) the
aggregate amount of Realized Losses incurred during the related Prepayment
Period which will include the cumulative amount of Realized Losses and the
aggregate amount of Subsequent Recoveries received during the related Prepayment
Period;
(xiii) the
aggregate amount of extraordinary Trust Fund expenses withdrawn from the
Collection Account or the Distribution Account for such Distribution
Date;
(xiv) the
Certificate Principal Balance of each Class of Floating Rate Certificates and
the Class C Certificates, before and after giving effect to the distributions,
and allocations of Realized Losses, made on such Distribution Date;
(xv) the
Monthly Interest Distributable Amount in respect of each Class of Floating
Rate
Certificates and the Class C Certificates for such Distribution Date and the
Unpaid Interest Shortfall Amount, if any, with respect to each Class of Floating
Rate Certificates and the Class C Certificates for such Distribution
Date;
(xvi) the
aggregate amount of any Prepayment Interest Shortfalls for such Distribution
Date, to the extent not covered by payments by the Servicer pursuant to Section
3.24;
(xvii) the
Net
WAC Rate Carryover Amount for each Class of Floating Rate Certificates, if
any,
for such Distribution Date and the amount remaining unpaid after reimbursements
therefor on such Distribution Date;
(xviii) whether
the Stepdown Date or a Trigger Event has occurred;
(xix) the
total
cashflows received and the general sources thereof (including amounts received
from the Supplemental Interest Trust Trustee under the Interest Rate Swap
Agreement and from the Cap Trustee under the Interest Rate Cap Agreement and
under the Basis Risk Cap Agreement);
(xx) the
respective Pass-Through Rates applicable to each Class of Floating Rate
Certificates and the Class C Certificates for such Distribution Date and the
Pass-Through Rate applicable to each Class of Floating Rate Certificates for
the
immediately succeeding Distribution Date;
(xxi) payments,
if any, made under the Basis Risk Cap Agreement and the Interest Rate Cap
Agreement and the amount distributed to the Floating Rate Certificates from
such
payments;
(xxii) the
amount of any Net Swap Payments or Swap Termination Payments paid to the Swap
Provider; and
(xxiii) the
applicable Record Date, Accrual Period and any other applicable determination
dates for calculating distributions for such Distribution Date.
The
Trustee will make such statement (and, at its option, any additional files
containing the same information in an alternative format) available each month
to Certificateholders, the NIMS Insurer, the Swap Provider and the Rating
Agencies via the Trustee’s internet website located at
xxx.xxxxxxx.xxx. Assistance in using the website can be obtained by
calling the Trustee’s customer service desk at
1-866-846-4526. Parties that are unable to use the above distribution
option are entitled to have a paper copy mailed to them via first class mail
by
calling the customer service desk and indicating such. The Trustee shall have
the right to change the way such statements are distributed in order to make
such distribution more convenient and/or more accessible to the above parties
and the Trustee shall provide timely and adequate notification to all above
parties regarding any such changes. As a condition to access to the
Trustee’s internet website, the Trustee may require registration and the
acceptance of a disclaimer. The Trustee will not be liable for the
dissemination of information in accordance with this Agreement. The
Trustee shall also be entitled to rely on but shall not be responsible for
the
content or accuracy of any information provided by third parties for purposes
of
preparing the Distribution Date statement and may affix thereto any disclaimer
it deems appropriate in its reasonable discretion (without suggesting liability
on the part of any other party thereto).
In
the
case of information furnished pursuant to subclauses (i) and (ii) above, the
amounts shall be expressed in a separate section of the report as a dollar
amount for each Class for each $1,000 original dollar amount as of the Cut-off
Date.
For
all
purposes of this Agreement, with respect to any Mortgage Loan, delinquencies
shall be determined by the Trustee from information provided by the Servicer
and
reported by the Trustee based on the OTS methodology for determining
delinquencies on mortgage loans similar to the Mortgage Loans. By way of
example, a Mortgage Loan would be Delinquent with respect to a Monthly Payment
due on a Due Date if such Monthly Payment is not made by the close of business
on the Mortgage Loan’s next succeeding Due Date, and a Mortgage Loan would be
more than 30-days Delinquent with respect to such Monthly Payment if such
Monthly Payment were not made by the close of business on the Mortgage Loan’s
second succeeding Due Date (the “OTS Method”). The Servicer hereby
represents and warrants to the Depositor that this delinquency recognition
policy is not less restrictive than any delinquency recognition policy
established by the primary safety and soundness regulator, if any, of the
Servicer.
(b) Within
a
reasonable period of time after the end of each calendar year, the Trustee
shall, upon written request, furnish to the NIMS Insurer and each Person who
at
any time during the calendar year was a Certificateholder of a Regular
Certificate, if requested in writing by such Person, such information as is
reasonably necessary to provide to such Person a statement containing the
information set forth in subclauses (i) and (ii) above, aggregated for such
calendar year or applicable portion thereof during which such Person was a
Certificateholder. Such obligation of the Trustee shall be deemed to have been
satisfied to the extent that substantially comparable information shall be
prepared and furnished by the Trustee to Certificateholders pursuant to any
requirements of the Code as are in force from time to time.
(c) On
each
Distribution Date, the Trustee shall make available to the NIMS Insurer and
the
Residual Certificateholders a copy of the reports forwarded to the Regular
Certificateholders in respect of such Distribution Date with such other
information as the Trustee deems necessary or appropriate.
(d) Within
a
reasonable period of time after the end of each calendar year, the Trustee
shall
deliver to the NIMS Insurer, upon request, and each Person who at any time
during the calendar year was a Residual Certificateholder, if requested in
writing by such Person, such information as is reasonably necessary to provide
to such Person a statement containing the information provided pursuant to
the
previous paragraph aggregated for such calendar year or applicable portion
thereof during which such Person was a Residual Certificateholder. Such
obligation of the Trustee shall be deemed to have been satisfied to the extent
that substantially comparable information shall be prepared and furnished to
Certificateholders by the Trustee pursuant to any requirements of the Code
as
from time to time in force.
(e) On
each
Distribution Date, the Trustee shall make available an updated electronic
loan-level data tape to Bloomberg Financial Markets, Inc., Loan Performance
and
Intex Solutions in a format acceptable to each of Bloomberg Financial Markets,
Inc., Loan Performance and Intex Solutions, and shall supply such electronic
loan-level data tape to each Certificateholder who requests such
information.
SECTION
4.04
|
Remittance
Reports; Advances.
|
(a) By
the
third Business Day following each Determination Date, but in no event later
than
the earlier of (i) such date which would allow the indenture trustee to submit
a
claim to the NIMS Insurer under the Indenture so as to allow a timely payment
by
the NIMS Insurer under the insurance policy related to the notes insured by
the
NIMS Insurer and (ii) the 20th day of
each month
(or if such 20th day is
not a
Business Day, the preceding Business Day), the Servicer shall deliver to the
Trustee and the NIMS Insurer, by telecopy or electronic mail (or by such other
means as the Servicer and the Trustee may agree from time to time) a Remittance
Report with respect to the related Distribution Date, which Remittance Reports
the Trustee shall use in preparing the statement pursuant to Section
4.03. No later than the 20th day of each month, the Servicer shall
deliver or cause to be delivered to the Trustee in addition to the information
provided on the Remittance Report, such other information reasonably available
to it with respect to the Mortgage Loans as the Trustee may reasonably require
to perform the calculations necessary to (i) make the distributions contemplated
by Section 4.01, (ii) to prepare the statements to Certificateholders
contemplated by Section 4.03 and (iii) to prepare the Form 10-D contemplated
by
Section 4.05. The Trustee shall not be responsible to recompute, recalculate
or
verify any information provided to it by the Servicer.
(b) The
amount of Advances to be made by the Servicer for any Distribution Date shall
equal, subject to Section 4.04(d), the sum of (i) the aggregate amount of
Monthly Payments (net of the related Servicing Fee), due during the related
Due
Period in respect of the Mortgage Loans, which Monthly Payments were delinquent
on a contractual basis as of the Close of Business on the related Determination
Date and (ii) with respect to each REO Property, which REO Property was acquired
during or prior to the related Due Period and as to which REO Property an REO
Disposition did not occur during the related Due Period, an amount equal to
the
excess, if any, of the REO Imputed Interest on such REO Property for the most
recently ended calendar month, over the net income from such REO Property
transferred to the Distribution Account pursuant to Section 3.23 for
distribution on such Distribution Date. For purposes of the preceding sentence,
the Monthly Payment on each Balloon Mortgage Loan with a delinquent Balloon
Payment is equal to the assumed monthly payment that would have been due on
the
related Due Date based on the original principal amortization schedule for
such
Balloon Mortgage Loan.
On
or
before 1:00 p.m. New York time on the Servicer Remittance Date, the Servicer
shall remit in immediately available funds to the Trustee for deposit in the
Distribution Account an amount equal to the aggregate amount of Advances, if
any, to be made in respect of the Mortgage Loans and REO Properties for the
related Distribution Date either (i) from its own funds or (ii) from the
Collection Account, to the extent of funds held therein for future distribution
(in which case it will cause to be made an appropriate entry in the records
of
Collection Account that amounts held for future distribution have been, as
permitted by this Section 4.04, used by the Servicer in discharge of any such
Advance) or (iii) in the form of any combination of (i) and (ii) aggregating
the
total amount of Advances to be made by the Servicer with respect to the Mortgage
Loans and REO Properties. Any amounts held for future distribution used by
the
Servicer to make an Advance as permitted in the preceding sentence or withdrawn
by the Servicer as permitted in Section 3.11(a)(ii) in reimbursement for
Advances previously made shall be appropriately reflected in the Servicer’s
records and replaced by the Servicer by deposit in the Collection Account on
or
before any future Servicer Remittance Date to the extent that the Available
Funds for the related Distribution Date (determined without regard to Advances
to be made on the Servicer Remittance Date) shall be less than the total amount
that would be distributed to the Classes of Certificateholders pursuant to
Section 4.01 on such Distribution Date if such amounts held for future
distributions had not been so used to make Advances. The Trustee will provide
notice to the NIMS Insurer and the Servicer by telecopy by the Close of Business
on any Servicer Remittance Date in the event that the amount remitted by the
Servicer to the Trustee on such date is less than the Advances required to
be
made by the Servicer for the related Distribution Date, as set forth in the
related Remittance Report.
(c) The
obligation of the Servicer to make such Advances is mandatory, notwithstanding
any other provision of this Agreement but subject to (d) below, and, with
respect to any Mortgage Loan, shall continue until the Mortgage Loan is paid
in
full or until all Liquidation Proceeds thereon have been recovered, or a Final
Recovery Determination has been made thereon.
(d) Notwithstanding
anything herein to the contrary, no Advance or Servicing Advance shall be
required to be made hereunder by the Servicer if such Advance or Servicing
Advance would, if made, constitute a Nonrecoverable Advance. The determination
by the Servicer that it has made a Nonrecoverable Advance or that any proposed
Advance or Servicing Advance, if made, would constitute a Nonrecoverable
Advance, shall be evidenced by an Officers’ Certificate of the Servicer
delivered to the NIMS Insurer, the Depositor and the Trustee.
SECTION
4.05
|
Commission
Reporting.
|
The
Trustee and the Servicer shall reasonably cooperate with the Depositor in
connection with the Trust’s satisfying the reporting requirements under the
Exchange Act.
(a) Reports
Filed on Form 10-D
(i) Within
15
days after each Distribution Date (subject to permitted extensions under the
Exchange Act), the Trustee shall prepare and file on behalf of the Trust Fund
any Form 10-D required by the Exchange Act, in form and substance as required
by
the Exchange Act. The Trustee shall file each Form 10-D with a copy of the
related monthly statement for such Distribution Date. Any disclosure in addition
to the monthly statement for such Distribution Date that is required to be
included on Form 10-D (“Additional Form 10-D Disclosure”) shall be reported by
the responsible parties set forth on Exhibit S to the Trustee and Depositor
and
directed and approved by the Depositor pursuant to the following paragraph
and
the Trustee will have no duty or liability for any failure hereunder to
determine or prepare any Additional Form 10-D Disclosure, except as set forth
in
the next paragraph.
(ii) As
set
forth on Exhibit S hereto, within 5 calendar days after the related Distribution
Date, (i) the parties to this transaction shall be required to provide to the
Trustee and the Depositor to the extent known by a responsible
officer thereof, in XXXXX-compatible form (which may be Word or Excel documents
easily convertible to XXXXX format), or in such other form as otherwise agreed
upon by the Trustee and such party, the form and substance of any Additional
Form 10-D Disclosure, if applicable, together with an Additional Disclosure
Notification (an “Additional Disclosure Notification”) and (ii) the Depositor
will approve, as to form and substance, or disapprove, as the case may be,
the
inclusion of the Additional Form 10-D Disclosure on Form 10-D. The Depositor
will be responsible for any reasonable fees and expenses assessed or incurred
by
the Trustee in connection with including any Additional Form 10-D Disclosure
in
Form 10-D pursuant to this paragraph.
(iii) After
preparing the Form 10-D, the Trustee shall, no later than 10 calendar days
after
the Distribution Date, forward electronically a copy of the Form 10-D to the
Depositor. Within two Business Days after receipt of such copy, but no later
than the 12th calendar day after the Distribution Date (or the next succeeding
Business Day), (i) the Depositor shall notify the Trustee in writing of any
changes to or approval of such Form 10-D and (ii) an officer of the Depositor
shall execute the Form 10-D and return an electronic or fax copy of such
executed Form 10-D (with an original executed hard copy to follow by overnight
mail). Upon receipt of the executed Form 10- D and in the absence of receipt
of
any written changes or approval, the Trustee shall be entitled to assume that
such Form 10-D is in final form and the Trustee may proceed with the filing
of
Form 10-D. If a Form 10-D cannot be filed on time or if a previously filed
Form
10-D needs to be amended, the Trustee will follow the procedures set forth
in
subsection (d)(ii) of this Section 4.05. Promptly (but no later than 1 Business
Day) after filing with the SEC, the Trustee will make available on its internet
website a final executed copy of each Form 10-D filed by the Trustee. Each
party
to this Agreement acknowledges that the performance by the Depositor and the
Trustee of their respective duties under this Section 4.05(a) related to the
timely preparation, execution and filing of Form 10-D is contingent upon such
parties strictly observing all applicable deadlines in the performance of their
duties under this Section 4.05(a). The Trustee shall have no liability for
any
loss, expense, damage, claim arising out of or with respect to any failure
to
properly prepare and/or timely file such Form 10-D, where such failure results
from the Trustee’s inability or failure to receive, on a timely basis, any
information from any other party hereto needed to prepare, arrange for execution
or file such Form 10-D, and for any erroneous, inaccurate or incomplete
information or certification provided to the Trustee, not resulting from its
own
negligence, bad faith or willful misconduct.
(iv) Form
10-D
requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has
filed all reports required to be filed by Section 13 or 15(d) of the Exchange
Act during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such
filing requirements for the past 90 days.” At the date of the filing of each
report on Form 10-D with respect to the Trust Fund, the Depositor shall be
deemed to represent to the Trustee that, as of such date, the Depositor has
filed all such required reports during the preceding 12 months and that it
has
been subject to such filing requirement for the past 90 days. The Depositor
shall notify the Trustee in writing, no later than the fifth calendar day after
the related Distribution Date with respect to the filing of a report on Form
10-D if the answer to the questions should be “no.” The Trustee shall be
entitled to rely on such representations in preparing and/or filing any such
report.
(b) Reports
Filed on Form 10-K.
(i) On
or
prior to the 90th day after the end of each fiscal year of the Trust Fund in
which a Form 10-K is required to be filed or such earlier date as may be
required by the Exchange Act (the “10-K Filing Deadline”) (it being understood
that the fiscal year for the Trust Fund ends on December 31st of each year), commencing
in
March 2008, the Trustee shall prepare and file on behalf of the Trust Fund
a
Form 10-K, in form and substance as required by the Exchange Act. Each such
Form
10-K shall include the following items, in each case to the extent they have
been delivered to the Trustee within the applicable time frames set forth in
this Agreement, (i) an annual compliance statement for the Servicer, (ii)(A)
the
annual reports on assessment of compliance with servicing criteria for any
Sub-Servicer and each subcontractor determined by the Servicer to be
“participating in the servicing function” within the meaning of Item 1122 of
Regulation AB, engaged by such parties (with each of the Trustee and the
Custodian, a “Reporting Servicer”) as described under Section 3.21 and (B) if
any Reporting Servicer’s report on assessment of compliance with servicing
criteria described under Section 3.21 identifies any material instance of
noncompliance, disclosure identifying such instance of noncompliance, or if
any
Reporting Servicer’s report on assessment of compliance with servicing criteria
described under Section 3.21 is not included as an exhibit to such Form 10-K,
disclosure that such report is not included and an explanation why such report
is not included, (iii)(A) the registered public accounting firm attestation
report for each Reporting Servicer, as described under Section 3.21 and (B)
if
any registered public accounting firm attestation report described under Section
3.21 identifies any material instance of noncompliance, disclosure identifying
such instance of noncompliance, or if any such registered public accounting
firm
attestation report is not included as an exhibit to such Form 10-K, disclosure
that such report is not included and an explanation why such report is not
included, and (iv) a Xxxxxxxx-Xxxxx Certification; provided,
however, that the Trustee and the Depositor, at their discretion,
may
omit from the Form 10-K any annual compliance statement, assessment of
compliance or attestation report that is not required to be filed with such
Form
10-K pursuant to Regulation AB. Any disclosure or information in addition to
(i)
through (iv) above that is required to be included on Form 10-K (“Additional
Form 10-K Disclosure”) shall be reported by the party responsible to the
Depositor and Trustee and directed and approved by the Depositor pursuant to
the
following paragraph and the Trustee will have no duty or liability for any
failure hereunder to determine or prepare any Additional Form 10-K Disclosure,
except as set forth in the next paragraph.
(ii) As
set
forth on Exhibit S hereto, no later than March 15th of each year that the Trust
Fund is subject to the Exchange Act reporting requirements, commencing in 2008,
(i) the parties to this transaction shall be required to provide to the Trustee
and the Depositor, to the extent known by a Responsible Officer thereof, in
XXXXX-compatible form (which may be Word or Excel documents easily convertible
to XXXXX format), or in such other form as otherwise agreed upon by the Trustee
and such party, the form and substance of any Additional Form 10-K Disclosure,
if applicable, together with an Additional Disclosure Notification and (ii)
the
Depositor will approve, as to form and substance, or disapprove, as the case
may
be, the inclusion of the Additional Form 10-K Disclosure on Form 10-K. The
Depositor will be responsible for any reasonable fees and expenses assessed
or
incurred by the Trustee in connection with including any Additional Form 10-K
Disclosure in Form 10-K pursuant to this paragraph.
(iii) After
preparing the Form 10-K, the Trustee shall forward electronically a copy of
the
Form 10-K to the Depositor. Within three Business Days after receipt of such
copy, but no later than March 25th, (i) the Depositor
shall
notify the Trustee in writing of any changes to or approval of such Form 10-K
and (ii) the senior officer in charge of securitization of the Depositor shall
execute the Form 10-K and return an electronic or fax copy of such executed
Form
10-K (with an original executed hard copy to follow by overnight mail). Upon
receipt of the executed Form 10-K and in the absence of receipt of any written
changes or approval, the Trustee shall be entitled to assume that such Form
10-K
is in final form and the Trustee may proceed with the filing of the Form 10-K.
If a Form 10-K cannot be filed on time or if a previously filed Form 10-K needs
to be amended, the Trustee will follow the procedures set forth in subsection
(d)(ii) of this Section 4.05. Promptly (but no later than 1 Business Day) after
filing with the SEC, the Trustee will make available on its internet website
a
final executed copy of each Form 10-K filed by the Trustee. The parties to
this
Agreement acknowledge that the performance by the Depositor and the Trustee
of
its duties under this Section 4.05(b) related to the timely preparation,
execution and filing of Form 10-K is contingent upon such parties (and any
Sub-Servicer and each subcontractor determined by the Servicer to be
“participating in the servicing function” within the meaning of Item 1122 of
Regulation AB) strictly observing all applicable deadlines in the performance
of
their duties under this Section 4.05(b), Section 3.20, Section 3.21. Neither
the
Servicer nor the Trustee shall have any liability for any loss, expense, damage
or claim arising out of or with respect to any failure to properly prepare,
execute and/or timely file such Form 10-K, where such failure results from
the
Trustee’s inability or failure to receive, on a timely basis, any information
from any other party hereto needed to prepare, arrange for execution or file
such Form 10-K, and for any erroneous, inaccurate or incomplete information
or
certification provided to the Trustee, not resulting from its own negligence,
bad faith or willful misconduct.
(iv) Form
10-K
requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has
filed all reports required to be filed by Section 13 or 15(d) of the Exchange
Act during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such
filing requirements for the past 90 days.” The Depositor hereby represents to
the Trustee that the Depositor has filed all such required reports during the
preceding 12 months and that it has been subject to such filing requirement
for
the past 90 days. The Depositor shall notify the Trustee in writing, no later
than March 15th with respect to the filing of a report on Form 10-K, if the
answer to the questions should be “no.” The Trustee shall be entitled to rely on
such representations in preparing and/or filing any such report.
(v) Each
Form
10-K shall include a Xxxxxxxx-Xxxxx Certification, required to be included
therewith pursuant to the Xxxxxxxx-Xxxxx Act. The Trustee and the Servicer
shall
provide, and each such party shall cause any Sub-Servicer and each subcontractor
determined by the Servicer to be “participating in the servicing function”
within the meaning of Item 1122 of Regulation AB engaged by it to provide,
to
the Person who signs the Xxxxxxxx-Xxxxx Certification (the “Certifying Person”),
by March 15th of each year in which the Trust Fund is subject to the reporting
requirements of the Exchange Act and otherwise within a reasonable period of
time upon request, a certification (each, a “Back-Up Certification”) in the form
of Exhibit N-3 hereto (or, in the case of the Trustee, the form attached hereto
as Exhibit N-2) upon which the Certifying Person, the entity for which the
Certifying Person acts as an officer, and such entity’s officers, directors and
Affiliates (collectively with the Certifying Person, “Certification Parties”)
can reasonably rely. The senior officer in charge of securitization of the
Depositor shall serve as the Certifying Person on behalf of the Trust Fund.
In
the event any such party or any Sub-Servicer and each subcontractor determined
by the Servicer to be “participating in the servicing function” within the
meaning of Item 1122 of Regulation AB engaged by such party is terminated or
resigns pursuant to the terms of this Agreement, or any applicable subservicing
agreement, as the case may be, such party shall provide a Back-Up Certification
to the Certifying Person pursuant to this Section with respect to the period
of
time it was subject to this Agreement or any applicable subservicing agreement,
as the case may be.
(c) Reports
Filed on Form 8-K
(i) Within
four (4) Business Days after the occurrence of an event requiring disclosure
on
Form 8-K (each such event, a “Reportable Event”), and if requested by the
Depositor, the Trustee shall prepare and file on behalf of the Trust Fund a
Form
8-K, as required by the Exchange Act, provided that the Depositor shall file
the
initial Form 8-K in connection with the issuance of the Certificates. Any
disclosure or information related to a Reportable Event or that is otherwise
required to be included in Form 8-K (“Form 8-K Disclosure Information”) shall be
reported by the responsible parties to the Depositor and Trustee and directed
and approved by the Depositor pursuant to the following paragraph and the
Trustee will have no duty or liability for any failure hereunder to determine
or
prepare any Form 8-K Disclosure Information or any Form 8-K, except as set
forth
in the next paragraph.
(ii) As
set
forth on Exhibit S hereto, for so long as the Trust Fund is subject to the
Exchange Act reporting requirements, no later than noon New York time on the
2nd
Business Day after the occurrence of a Reportable Event (i) the parties to
this
transaction shall be required to provide to the Trustee and the Depositor,
in
XXXXX-compatible form (which may be Word or Excel documents easily convertible
to XXXXX format), or in such other form as otherwise agreed upon by the Trustee
and such party, the form and substance of any Form 8-K Disclosure Information,
if applicable, together with an Additional Disclosure Notification and (ii)
the
Depositor will approve, as to form and substance, or disapprove, as the case
may
be, the inclusion of the Form 8-K Disclosure Information. The Seller will be
responsible for any reasonable fees and expenses assessed or incurred by the
Trustee in connection with including any Form 8-K Disclosure Information in
Form
8-K pursuant to this paragraph.
(iii) After
preparing the Form 8-K, the Trustee shall forward electronically a copy of
the
Form 8-K to the Depositor by noon New York City time on the 3rd Business Day
after the occurrence of a Reportable Event. Promptly, but no later than the
close of business on the third Business Day after the Reportable Event, (i)
the
Depositor shall notify the Trustee in writing of any change to or approval
of
such Form 8-K and (ii) an officer of the Depositor shall execute the Form 8-K
and return an electronic or fax copy of such executed Form 8-K (with an original
executed hard copy to follow by overnight mail). Upon receipt of the executed
Form 8-K and in the absence of receipt of any written changes or approval,
the
Trustee shall be entitled to assume that such Form 8-K is in final form and
the
Trustee may proceed with filing of the Form 8-K. If a Form 8-K cannot be filed
on time or if a previously filed Form 8-K needs to be amended, the Trustee
will
follow the procedures set forth in subsection (d)(ii) of this Section 4.05.
Promptly (but no later than 1 Business Day) after filing with the SEC, the
Trustee will, make available on its internet website a final executed copy
of
each Form 8-K filed by the Trustee. The parties to this Agreement acknowledge
that the performance by the Depositor and the Trustee of their respective duties
under this Section 4.05(c) related to the timely preparation, execution and
filing of Form 8-K is contingent upon such parties strictly observing all
applicable deadlines in the performance of their duties under this Section
4.05(c). The Trustee shall have no liability for any loss, expense, damage,
claim arising out of or with respect to any failure to properly prepare, execute
and/or timely file such Form 8-K, where such failure results from the Trustee’s
inability or failure to receive, on a timely basis, any information from any
other party hereto needed to prepare, arrange for execution or file such Form
8-K, not resulting from its own negligence, bad faith or willful
misconduct.
(d) Suspension
of Reporting; Amendments; Late Filings
(i) On
or
prior to January 30 of the first year in which the Trust Fund is able to do
so
under applicable law, the Trustee shall prepare and file a Form 15 Suspension
Notification relating to the automatic suspension of reporting in respect of
the
Trust Fund under the Exchange Act.
(ii) In
the
event that the Trustee is unable to timely file with the SEC all or any required
portion of any Form 8-K, 10-D or 10-K required to be filed by this Agreement
because required disclosure information was either not delivered to it or
delivered to it after the delivery deadlines set forth in this Agreement or
for
any other reason, the Trustee will promptly notify the Depositor either via
mail, e-mail or telephone. In the case of Form 10-D and 10-K, the parties to
this Agreement will cooperate to prepare and file a Form 12b-25 and a 10-D/A
and
10-K/A, as applicable, pursuant to Rule 12b-25 of the Exchange Act. In the
case
of Form 8-K, the Trustee shall, upon receipt of all required Form 8-K Disclosure
Information and upon the approval and direction of the Depositor, include such
disclosure information on the next Form 10-D. In the event that that the Trustee
has actual knowledge or has received notice that any previously filed Form
8-K,
10-D or 10-K needs to be amended in connection with any Additional Form 10-D
Disclosure, any Additional Form 10-K Disclosure or any Additional Form 8-K
Disclosure Information or any amendment to such disclosure (other than for
the
purpose of restating any monthly statement for such Distribution Date), the
Trustee will electronically notify the Depositor and such other parties to
the
transaction as are affected by such amendment and such parties will cooperate
to
prepare any necessary 8-K/A, 10-D/A or 10-K/A. Any Form 15, Form 12b-25 or
any
amendment to Form 8-K, Form 10-K or 10-D shall be signed by the senior officer
in charge of securitization of the Depositor. The parties to this Agreement
acknowledge that the performance by the Depositor and the Trustee of their
respective duties under this Section 4.05(d) related to the timely preparation,
execution and filing of Form 15, a Form 12b-25 or any amendment to Form 8-K,
10-D or 10-K is contingent upon each such party performing its duties under
this
Section 4.05. The Trustee shall not have any liability for any loss, expense,
damage, claim arising out of, or with respect to any failure to properly prepare
and/or timely file any such Form 15, Form 12b-25 or any amendments to Forms
8-K,
10- D or 10-K, where such failure results from the Trustee’s inability or
failure to obtain or receive, on a timely basis, any information from any other
party hereto needed to prepare, arrange for execution or file such Form 15,
Form
12b-25 or any amendments to Forms 8-K, 10-D or 10-K, and for any erroneous,
inaccurate or incomplete information or certification provided to the Trustee,
not resulting from its own negligence, bad faith or willful
misconduct.
(e) Not
later
than March 15 of each year (beginning in 2008) (or, if such day is not a
Business Day, the immediately preceding Business Day), the Trustee shall sign
the Trustee Certification (in the form attached hereto as Exhibit N-2) for
the
benefit of the Depositor and its officers, directors and
affiliates.
(f) The
Trustee agrees to indemnify the Depositor, its officers, directors, agents
and
employees for, and to hold them harmless against, any losses, damages,
penalties, fines, forfeitures, legal fees and expenses and related costs,
judgments, and any other costs, fees and expenses (except as otherwise provided
herein with respect to expenses) (including reasonable legal fees and
disbursements of counsel) incurred on their part (i) in connection with, arising
out of, or relating to the Trustee’s failure to file a Form 10-D or Form 10-K in
accordance with this Section 4.05 or any failure by the Trustee to deliver
any
information, report or certification, when and as required under Section 8.01,
(ii) by reason of the Trustee’s willful misfeasance, reckless disregard, bad
faith or negligence in the performance of such obligations pursuant to this
Section 4.05 or (iii) any material misstatement or omission made in the Trustee
Certification; provided, in each case, that with respect to any such
claim or legal action (or pending or threatened claim or legal action), such
indemnified Person shall have given the Trustee written notice thereof promptly
after such indemnified Person shall have with respect to such claim or legal
action knowledge thereof; provided, however, that such agreement by the
Trustee to indemnify and hold harmless such Person shall not include or apply
to
any such losses, damages, penalties, fines, forfeitures, legal fees or expenses
or related costs, judgments, or any other costs, fees or expenses arising from,
caused by or resulting from the actions or omissions of any Person other than
the Trustee, including without limitation the negligence, willful misfeasance,
bad faith or reckless disregard of duties or obligations under or pursuant
to
this Agreement or other applicable agreement by the Depositor or the Servicer,
including without limitation any erroneous, inaccurate or incomplete information
or certification provided to the Trustee by the Depositor or the Servicer in
connection with, or any failure or delay on the part of the Depositor or the
Servicer to provide any information or certification necessary to, the Trustee’s
performance under this Section 4.05. If the indemnification provided for in
this
Section 4.05 is unavailable or insufficient to hold harmless such indemnified
Persons, then the Trustee shall contribute to the amount paid or payable by
such
indemnified Persons as a result of the losses, claims, damages or liabilities
of
such indemnified Persons in such proportion as is appropriate to reflect the
relative fault of the Depositor on the one hand and the Trustee on the other.
This indemnity shall survive the resignation or removal of the Trustee and
the
termination of this Agreement. Notwithstanding the foregoing, in no event shall
the Trustee be liable for any consequential, indirect or punitive
damages.
Any
notice or notification required to be delivered by the Trustee to the Depositor
pursuant to this Section 4.05 may be delivered via facsimile to (000) 000-0000
or telephonically by calling (000) 000-0000.
Upon
any
filing with the Securities and Exchange Commission, the Trustee shall promptly
deliver to the Depositor a copy of any such executed report, statement or
information.
SECTION
4.06
|
Net
WAC Rate Carryover Reserve Account.
|
No
later
than the Closing Date, the Trustee shall establish and maintain with itself
a
separate, segregated trust account titled, “Net WAC Rate Carryover Reserve
Account, Xxxxx Fargo Bank, N.A., as Trustee, in trust for registered Holders
of
Soundview Home Loan Trust 2007-OPT2 Asset-Backed Certificates, Series 2007-OPT2”
All amounts deposited in the Net WAC Rate Carryover Reserve Account shall be
distributed to the Holders of the Floating Rate Certificates in the manner
set
forth in Section 4.01(d).
On
each
Distribution Date as to which there is a Net WAC Rate Carryover Amount payable
to the Floating Rate Certificates, the Trustee has been directed by the Class
C
Certificateholders to, and therefore will, deposit into the Net WAC Rate
Carryover Reserve Account the amounts described in Section 4.01(c)(iii), rather
than distributing such amounts to the Class C Certificateholders. On each such
Distribution Date, the Trustee shall hold all such amounts for the benefit
of
the Holders of the Floating Rate Certificates, and will distribute such amounts
to the Holders of the Floating Rate Certificates in the amounts and priorities
set forth in Section 4.01(d).
On
each
Distribution Date, any amounts remaining in the Net WAC Rate Carryover Reserve
Account (representing payments received by the Trustee under the Basis Risk
Cap
Agreement) after the payment of any Net WAC Rate Carryover Amounts on the
Floating Rate Certificates for such Distribution Date, shall be payable to
the
Trustee as additional compensation. For so long as any Floating Rate
Certificates are beneficially owned by the Depositor or any of its Affiliates,
the Depositor shall refund or cause such Affiliate to refund any amounts paid
to
it under the Basis Risk Cap Agreement to the Trustee who shall, pursuant to
the
terms of the Basis Risk Cap Agreement, return such amount to the counterparty
thereunder.
It
is the
intention of the parties hereto that, for federal and state income and state
and
local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be
disregarded as an entity separate from the Holder of the Class C Certificates
unless and until the date when either (a) there is more than one Class C
Certificateholder or (b) any Class of Certificates in addition to the Class
C
Certificates is recharacterized as an equity interest in the Net WAC Rate
Carryover Reserve Account for federal income tax purposes, in which case it
is
the intention of the parties hereto that, for federal and state income and
state
and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account
be
treated as a partnership; provided, that the Trustee shall not be required
to
prepare and file partnership tax returns in respect of such partnership unless
it receives additional reasonable compensation (not to exceed $10,000 per year)
for the preparation of such filings, written notification recognizing the
creation of a partnership agreement or comparable documentation evidencing
the
partnership, if any. All amounts deposited into the Net WAC Rate
Carryover Reserve Account shall be treated as amounts distributed by REMIC
3 to
the Holder of the Class C Interest and by REMIC 4 to the Holder of the Class
C
Certificates. The Net WAC Rate Carryover Reserve Account will be an
“outside reserve fund” within the meaning of Treasury regulation Section
1.860G-2(h). Upon the termination of the Trust, or the payment in
full of the Floating Rate Certificates, all amounts remaining on deposit in
the
Net WAC Rate Carryover Reserve Account will be released by the Trust and
distributed to the Holders of the Class C Certificates or their
designees. The Net WAC Rate Carryover Reserve Account will be part of
the Trust but not part of any REMIC and any payments to the Holders of the
Floating Rate Certificates of Net WAC Rate Carryover Amounts will not be
payments with respect to a “regular interest” in a REMIC within the meaning of
Code Section 860(G)(a)(1).
By
accepting a Class C Certificate, each Class C Certificateholder hereby agrees
to
direct the Trustee, and the Trustee hereby is directed, to deposit into the
Net
WAC Rate Carryover Reserve Account the amounts described above on each
Distribution Date as to which there is any Net WAC Rate Carryover Amount rather
than distributing such amounts to the Class C Certificateholders. By accepting
a
Class C Certificate, each Class C Certificateholder further agrees that such
direction is given for good and valuable consideration, the receipt and
sufficiency of which is acknowledged by such acceptance.
Amounts
on deposit in the Net WAC Rate Carryover Reserve Account shall remain
uninvested.
For
federal tax return and information reporting, the right of the Holders of the
Floating Rate Certificates to receive payments from the Net WAC Rate Carryover
Reserve Account in respect of any Net WAC Rate Carryover Amount may have more
than a de minimis value.
SECTION
4.07
|
Distributions
on the REMIC Regular Interests.
|
(a) On
each
Distribution Date, the Trustee shall cause in the following order of priority,
the following amounts which shall be deemed to be distributed by REMIC 1 to
REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from the
Distribution Account and distributed to the holders of the Class R Certificates
(in respect of the Class R-1 Interest), as the case may be:
(i) to
Holders of each of REMIC 1 Regular Interest I and REMIC 1 Regular Interest
I-1-A
through I-66-B, on a pro rata basis, in an amount equal to (A)
Uncertificated Accrued Interest for such REMIC 1 Regular Interests for such
Distribution Date, plus (B) any amounts payable in respect thereof remaining
unpaid from previous Distribution Dates;
(ii) to
the
extent of amounts remaining after the distributions made pursuant to clause
(A)
above, payments of principal shall be allocated as follows: first, to REMIC
1
Regular Interests I-1-A through I-66-B starting with the lowest numerical
denomination until the Uncertificated Principal Balance of each such REMIC
1
Regular Interest is reduced to zero, provided that, for REMIC 1 Regular
Interests with the same numerical denomination, such payments of principal
shall
be allocated pro rata between such REMIC 1 Regular Interests, and second, to
the
extent of the Overcollateralization Release Amounts, to REMIC 1 Regular Interest
I-66-B until the Uncertificated Principal Balance of such REMIC 1 Regular
Interest is reduced to zero; and
(iii) to
the
Holders of REMIC 1 Regular Interest P, (A) on each Distribution Date, 100%
of
the amount paid in respect of Prepayment Charges and (B) on the Distribution
Date immediately following the expiration of the latest Prepayment Charge as
identified on the Prepayment Charge Schedule or any Distribution Date thereafter
until $100 has been distributed pursuant to this clause.
(b) On
each
Distribution Date, the Trustee shall cause in the following order of priority,
the following amounts which shall be deemed to be distributed by REMIC 1 to
REMIC 2 on account of the REMIC 2 Regular Interests or withdrawn from the
Distribution Account and distributed to the holders of the Class R Certificates
(in respect of the Class R-2 Interest), as the case may be:
(i) first,
to
the Holders of REMIC 2 Regular Interest LTIO, in an amount equal to (A)
Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such
Distribution Date, plus (B) any amounts in respect thereof remaining unpaid
from
previous Distribution Dates;
(ii) second,
to the extent of Available Funds, to Holders of REMIC 2 Regular Interest LTAA,
REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC 2 Regular Interest
LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC
2
Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest
LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2
Regular Interest LTM8, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest
LTM10, REMIC 2 Regular Interest LTZZ and REMIC 2 Regular Interest LTP, on a
pro rata basis, in an amount equal to (A) the Uncertificated Accrued
Interest for such Distribution Date, plus (B) any amounts in respect thereof
remaining unpaid from previous Distribution Dates. Amounts payable as
Uncertificated Accrued Interest in respect of REMIC 2 Regular Interest LTZZ
shall be reduced and deferred when the REMIC 2 Overcollateralization Amount
is
less than the REMIC 2 Overcollateralization Target Amount, by the lesser of
(x)
the amount of such difference and (y) the Maximum Uncertificated Accrued
Interest Deferral Amount and such amount will be payable to the Holders of
REMIC
2 Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC 2 Regular Interest
LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC
2
Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest
LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2
Regular Interest LTM8, REMIC 2 Regular Interest LTM9 and REMIC 2 Regular
Interest LTM10, in the same proportion as the Overcollateralization Deficiency
Amount is allocated to the Corresponding Certificates and the Uncertificated
Principal Balance of the REMIC 2 Regular Interest LTZZ shall be increased by
such amount; and
(iii) third,
to
the Holders of REMIC 2 Regular Interests, in an amount equal to the remainder
of
the Available Funds for such Distribution Date after the distributions made
pursuant to clause (i) above, allocated as follows:
(a) 98.00%
of such remainder to the Holders of REMIC 2 Regular Interest LTAA and REMIC
2
Regular Interest LTP, until the Uncertificated Principal Balance of such
Uncertificated REMIC 2 Regular Interest is reduced to zero; provided, however,
that REMIC 2 Regular Interest LTP shall not be reduced until the Distribution
Date immediately following the expiration of the latest Prepayment Charge as
identified on the Prepayment Charge Schedule or any Distribution Date
thereafter, at which point such amount shall be distributed to REMIC 2 Regular
Interest LTP, until $100 has been distributed pursuant to this
clause;
(b) 2.00%
of such remainder first, to the Holders of REMIC 2 Regular Interest LTIA1,
REMIC
2 Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular
Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular Interest
LTM1,
REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular
Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6,
REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular
Interest LTM9 and REMIC 2 Regular Interest LTM10, 1.00% of and in the same
proportion as principal payments are allocated to the Corresponding
Certificates, until the Uncertificated Principal Balances of such REMIC 2
Regular Interests are reduced to zero, and second, to the Holders of REMIC
2
Regular Interest LTZZ, until the Uncertificated Principal Balance of such REMIC
2 Regular Interest is reduced to zero; and
(c) any
remaining amount to the Holders of the Class R Certificates (in respect of
the
Class R-2 Interest).
(iv) For
purposes of calculating the amount of Principal Distributions for the REMIC
3
Regular Interests for any Distribution Date, the aggregate amount of Principal
Distributions made in respect of the Mortgage Loans for any Distribution Date
shall be allocated to the Class C Interest to the extent allocated to the Class
C Certificates, and to the Class P Interest to the extent allocated to the
Class
P Certificates.
SECTION
4.08
|
Allocation
of Realized Losses.
|
(a) All
Realized Losses on the Mortgage Loans allocated to any Regular Certificate
shall
be allocated by the Trustee on each Distribution Date as
follows: first, to Net Monthly Excess Cashflow; second, to Net Swap
Payments received under the Interest Rate Swap Agreement; third, to amounts
received under the Interest Rate Cap Agreement; fourth, to the Class C
Certificates, until the Certificate Principal Balance thereof has been reduced
to zero; fifth, to the Class M-10 Certificates, until the Certificate Principal
Balance thereof has been reduced to zero; sixth, to the Class M-9 Certificates,
until the Certificate Principal Balance thereof has been reduced to zero;
seventh, to the Class M-8 Certificates, until the Certificate Principal Balance
thereof has been reduced to zero; eighth, to the Class M-7 Certificates, until
the Certificate Principal Balance thereof has been reduced to zero; ninth,
to
the Class M-6 Certificates, until the Certificate Principal Balance thereof
has
been reduced to zero; tenth, to the Class M-5 Certificates, until the
Certificate Principal Balance thereof has been reduced to zero; eleventh, to
the
Class M-4 Certificates, until the Certificate Principal Balance thereof has
been
reduced to zero; twelfth, to the Class M-3 Certificates, until the Certificate
Principal Balance thereof has been reduced to zero; thirteenth, to the Class
M-2
Certificates, until the Certificate Principal Balance thereof has been reduced
to zero and fourteenth, to the Class M-1 Certificates, until the Certificate
Principal Balance thereof has been reduced to zero. All Realized
Losses to be allocated to the Certificate Principal Balances of all Classes
on
any Distribution Date shall be so allocated after the actual distributions
to be
made on such date as provided above. All references above to the Certificate
Principal Balance of any Class of Certificates shall be to the Certificate
Principal Balance of such Class immediately prior to the relevant Distribution
Date, before reduction thereof by any Realized Losses, in each case to be
allocated to such Class of Certificates, on such Distribution Date.
Any
allocation of Realized Losses to a Mezzanine Certificate on any Distribution
Date shall be made by reducing the Certificate Principal Balance thereof by
the
amount so allocated; any allocation of Realized Losses to a Class C Certificates
shall be made first by reducing the amount otherwise payable in respect thereof
pursuant to Section 4.01(c)(v). No allocations of any Realized Losses shall
be
made to the Certificate Principal Balances of the Class A Certificates, the
Class L Certificates or the Class P Certificates.
(b) With
respect to the REMIC 1 Regular Interests, all Realized Losses on the Mortgage
Loans shall be allocated by the Trustee on each Distribution Date, first to
REMIC 1 Regular Interest I until the Uncertificated Principal Balance has been
reduced to zero, and second, to REMIC 1 Regular Interest I-1-A through REMIC
1
Regular Interest I-66-B, starting with the lowest numerical denomination until
such REMIC 1 Regular Interest has been reduced to zero, provided that, for
REMIC
1 Regular Interests with the same numerical denomination, such Realized Losses
shall be allocated pro rata between such REMIC 1 Regular Interests.
(c) With
respect to the REMIC 2 Regular Interests, all Realized Losses on the Mortgage
Loans shall be deemed to have been allocated in the specified percentages,
as
follows: first, to Uncertificated Accrued Interest payable to the
REMIC 2 Regular Interest LTAA and REMIC 2 Regular Interest LTZZ up to an
aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount, 98%
and
2%, respectively; second, to the Uncertificated Principal Balances of REMIC
2
Regular Interest LTAA and REMIC 2 Regular Interest LTZZ up to an aggregate
amount equal to the REMIC 2 Principal Loss Allocation Amount, 98% and 2%,
respectively; third, to the Uncertificated Principal Balances of REMIC 2 Regular
Interest LTAA, REMIC 2 Regular Interest LTM10 and REMIC 2 Regular Interest
LTZZ,
98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of
REMIC 2 Regular Interest LTM10 has been reduced to zero; fourth, to the
Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC 2
Regular Interest LTM9 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
Interest LTM9 has been reduced to zero; fifth, to the Uncertificated Principal
Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTM8 and
REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the
Uncertificated Principal Balance of REMIC 2 Regular Interest LTM8 has been
reduced to zero; sixth, to the Uncertificated Principal Balances of REMIC 2
Regular Interest LTAA, REMIC 2 Regular Interest LTM7 and REMIC 2 Regular
Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
Balance of REMIC 2 Regular Interest LTM7 has been reduced to zero; seventh,
to
the Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC
2
Regular Interest LTM6 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
Interest LTM6 has been reduced to zero; eighth, to the Uncertificated Principal
Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTM5 and
REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the
Uncertificated Principal Balance of REMIC 2 Regular Interest LTM5 has been
reduced to zero; ninth, to the Uncertificated Principal Balances of REMIC 2
Regular Interest LTAA, REMIC 2 Regular Interest LTM4 and REMIC 2 Regular
Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
Balance of REMIC 2 Regular Interest LTM4 has been reduced to zero; tenth, to
the
Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC 2
Regular Interest LTM3 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
Interest LTM3 has been reduced to zero; eleventh, to the Uncertificated
Principal Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest
LTM2 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until
the
Uncertificated Principal Balance of REMIC 2 Regular Interest LTM2 has been
reduced to zero; twelfth, to the Uncertificated Principal Balances of REMIC
2
Regular Interest LTAA, REMIC 2 Regular Interest LTM1 and REMIC 2 Regular
Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
Balance of REMIC 2 Regular Interest LTM1 has been reduced to zero.
(d) With
respect to the Class C Interest, all Realized Losses on the Mortgage Loans
allocated to the Class C Certificates shall be allocated to the Class C
Interest.
SECTION
4.09
|
Swap
Account.
|
(a) On
the
Closing Date, there is hereby established a separate trust (the “Supplemental
Interest Trust”), into which the Depositor shall deposit the Interest Rate Swap
Agreement. The Supplemental Interest Trust shall be maintained by the
Supplemental Interest Trust Trustee. No later than the Closing Date,
the Supplemental Interest Trust Trustee shall establish and maintain a separate,
segregated trust account to be held in the Supplemental Interest Trust, titled,
“Swap Account, Xxxxx Fargo Bank, N.A., as Supplemental Interest Trust Trustee,
in trust for the registered Certificateholders of Soundview Home Loan Trust
2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2.” Such account shall be
an Eligible Account and funds on deposit therein shall be held separate and
apart from, and shall not be commingled with, any other moneys, including,
without limitation, other moneys of the Trustee held pursuant to this
Agreement. Amounts therein shall be held uninvested.
(b) On
each
Distribution Date, prior to any distribution to any Certificate, the
Supplemental Interest Trust Trustee shall deposit into the Swap Account the
amount of any Net Swap Payment or Swap Termination Payment (other than any
Swap
Termination Payment resulting from a Swap Provider Trigger Event) owed to the
Swap Provider (after taking into account any upfront payment received from
the
counterparty to a replacement interest rate swap agreement) from funds collected
and received with respect to the Mortgage Loans prior to the determination
of
Available Funds for distribution in accordance with Section 4.01 hereof. For
federal income tax purposes, any amounts paid to the Swap Provider on each
Distribution Date shall first be deemed paid to the Swap Provider in respect
of
REMIC 6 Regular Interest SWAP IO to the extent of the amount distributable
on
REMIC 6 Regular Interest SWAP IO on such Distribution Date, and any remaining
amount shall be deemed paid to the Swap Provider in respect of a Class IO
Distribution Amount (as defined below).
(c) It
is the
intention of the parties hereto that, for federal and state income and state
and
local franchise tax purposes, the Supplemental Interest Trust be disregarded
as
an entity separate from the Holder of the Class C Certificates unless and until
the date when either (a) there is more than one Class C Certificateholder or
(b)
any Class of Certificates in addition to the Class C Certificates is
recharacterized as an equity interest in the Supplemental Interest Trust for
federal income tax purposes, in which case it is the intention of the parties
hereto that, for federal and state income and state and local franchise tax
purposes, the Supplemental Interest Trust be treated as a partnership; provided,
that the Trustee shall not be required to prepare and file partnership tax
returns in respect of such partnership unless it receives additional reasonable
compensation (not to exceed $10,000 per year) for the preparation of such
filings, written notification recognizing the creation of a partnership
agreement or comparable documentation evidencing the partnership, if
any. The Supplemental Interest Trust will be an “outside reserve
fund” within the meaning of Treasury Regulation Section
1.860G-2(h).
(d) To
the
extent that the Supplemental Interest Trust is determined to be a separate
legal
entity from the Supplemental Interest Trust Trustee, any obligation of the
Supplemental Interest Trust Trustee under the Interest Rate Swap Agreement
shall
be deemed to be an obligation of the Supplemental Interest Trust.
(e) The
Trustee shall treat the Holders of Certificates (other than the Class P, Class
C, Class R and Class R-X Certificates) as having entered into a notional
principal contract with respect to the Holders of the Class C Certificates.
Pursuant to each such notional principal contract, all Holders of Certificates
(other than the Class P, Class C, Class R and Class R-X Certificates) shall
be
treated as having agreed to pay, on each Distribution Date, to the Holder of
the
Class C Certificates an aggregate amount equal to the excess, if any, of (i)
the
amount payable on such Distribution Date on the REMIC 4 Regular Interest
corresponding to such Class of Certificates over (ii) the amount payable on
such
Class of Certificates on such Distribution Date (such excess, a “Class IO
Distribution Amount”). A Class IO Distribution Amount payable from interest
collections shall be allocated pro rata among such Certificates based
on the excess of (a) the amount of interest otherwise payable to such
Certificates over (ii) the amount of interest payable to such Certificates
at a
per annum rate equal to the Net WAC Rate, and a Class IO Distribution Amount
payable from principal collections shall be allocated to the most subordinate
Class of Certificates with an outstanding principal balance to the extent of
such balance. In addition, pursuant to such notional principal contract, the
Holder of the Class C Certificates shall be treated as having agreed to pay
Net
WAC Rate Carryover Amounts to the Holders of the Certificates (other than the
Class C, Class P, Class R and Class R-X Certificates) in accordance with the
terms of this Agreement. Any payments to the Certificates from amounts deemed
received in respect of this notional principal contract shall not be payments
with respect to a Regular Interest in a REMIC within the meaning of Code Section
860G(a)(1). However, any payment from the Certificates (other than the Class
C,
Class P, Class R and Class R-X Certificates) of a Class IO Distribution Amount
shall be treated for tax purposes as having been received by the Holders of
such
Certificates in respect of their interests in REMIC 4 and as having been paid
by
such Holders to the Swap Administrator pursuant to the notional principal
contract. Thus, each Certificate (other than the Class P, Class R and Class
R-X
Certificates) shall be treated as representing not only ownership of Regular
Interests in REMIC 3, but also ownership of an interest in, and obligations
with
respect to, a notional principal contract.
SECTION
4.10
|
Tax
Treatment of Swap Payments and Swap Termination
Payments.
|
For
federal income tax purposes, each holder of a Floating Rate Certificate is
deemed to own an undivided beneficial ownership interest in a REMIC regular
interest and the right to receive payments from either the Net WAC Rate
Carryover Reserve Account or the Swap Account in respect of the Net WAC Rate
Carryover Amount or the obligation to make payments to the Swap Account. For
federal income tax purposes, the Trustee will account for payments to each
Floating Rate Certificates as follows: each Floating Rate Certificate will
be
treated as receiving their entire payment from REMIC 3 (regardless of any Swap
Termination Payment or obligation under the Interest Rate Swap Agreement) and
subsequently paying their portion of any Swap Termination Payment in respect
of
each such Class’ obligation under the Interest Rate Swap Agreement. In the event
that any such Class is resecuritized in a REMIC, the obligation under the
Interest Rate Swap Agreement to pay any such Swap Termination Payment (or any
shortfall in the Net Swap Payment), will be made by one or more of the REMIC
Regular Interests issued by the resecuritization REMIC subsequent to such REMIC
Regular Interest receiving its full payment from any such Floating Rate
Certificate.
(a) The
REMIC
regular interest corresponding to a Floating Rate Certificate will be entitled
to receive interest and principal payments at the times and in the amounts
equal
to those made on the certificate to which it corresponds, except that (i) the
maximum interest rate of that REMIC regular interest will equal the Net WAC
Rate
computed for this purpose by limiting the Base Calculation Amount of the
Interest Rate Swap Agreement to the aggregate Stated Principal Balance of the
Mortgage Loans and (ii) any Swap Termination Payment will be treated as being
payable solely from Net Monthly Excess Cashflow. As a result of the foregoing,
the amount of distributions and taxable income on the REMIC regular interest
corresponding to a Floating Rate Certificate may exceed the actual amount of
distributions on such Certificate.
SECTION
4.11
|
Cap
Account.
|
(a) No
later
than the Closing Date, the Cap Trustee shall establish and maintain with itself,
a separate, segregated trust account titled, “Cap Account, Xxxxx Fargo Bank,
N.A., as Cap Trustee, in trust for the registered Certificateholders of
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series
2007-OPT2.” Such account shall be an Eligible Account and amounts therein shall
be held uninvested.
(b) On
each
Distribution Date, pursuant to the Cap Allocation Agreement, the Cap Trustee,
prior to any distribution to any Certificate, shall deposit into the Cap Account
amounts received pursuant to the Interest Rate Cap Agreement for distribution
in
accordance with Section 4.01(g) above.
(c) It
is the
intention of the parties hereto that, for federal and state income and state
and
local franchise tax purposes, the Cap Account be disregarded as an entity
separate from the Holder of the Class C Certificates unless and until the date
when either (a) there is more than one Class C Certificateholder or (b) any
Class of Certificates in addition to the Class C Certificates is recharacterized
as an equity interest in the Cap Account for federal income tax purposes, in
which case it is the intention of the parties hereto that, for federal and state
income and state and local franchise tax purposes, the Cap Account be treated
as
a partnership. The Cap Account will be an “outside reserve fund”
within the meaning of Treasury Regulation Section 1.860G-2(h). Upon
the termination of the Trust Fund, or the payment in full of the Floating Rate
Certificates, all amounts remaining on deposit in the Cap Account shall be
released by the Trust Fund and distributed to the Class C Certificateholders
or
their designees. The Cap Account shall be part of the Trust Fund but
not part of any Trust REMIC and any payments to the Holders of the Floating
Rate
Certificates of Net WAC Rate Carryover Amounts will not be payments with respect
to a “regular interest” in a REMIC within the meaning of Code Section
860(G)(a)(1).
(d) By
accepting a Class C Certificate, each Class C Certificateholder hereby agrees
to
direct the Trustee, and the Trustee is hereby directed, to deposit into the
Cap
Account the amounts described above on each Distribution Date.
For
federal income tax purposes, the right of the Floating Rate Certificates to
receive payments from the Cap Account may have more than a de minimis
value.
SECTION
4.12
|
Collateral
Accounts
|
(a) The
Trustee is hereby directed to perform the obligations of the Custodian as
defined under the Basis Risk Cap Credit Support Annex (the “Basis Risk Cap
Custodian”). On or before the Closing Date, the Basis Risk Cap
Custodian shall establish a Basis Risk Cap Collateral Account. The
Basis Risk Cap Collateral Account shall be held in the name of the Basis Risk
Cap Custodian in trust for the benefit of the Certificateholders. The
Basis Risk Cap Collateral Account must be an Eligible Account and shall be
titled “Basis Risk Cap Collateral Account, Xxxxx Fargo Bank, N.A., as Basis Risk
Cap Custodian for registered Certificateholders of Soundview Home Loan Trust
2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2.”
The
Basis
Risk Cap Custodian shall credit to Basis Risk Cap Collateral Account all
collateral (whether in the form of cash or securities) posted by the Basis
Risk
Cap Provider to secure the obligations of the Basis Risk Cap Provider in
accordance with the terms of the Basis Risk Cap Agreement. Except for
investment earnings, the Basis Risk Cap Provider shall not have any legal,
equitable or beneficial interest in the Basis Risk Cap Collateral Account other
than in accordance with this Agreement, the Basis Risk Cap Agreement and
applicable law. The Basis Risk Cap Custodian shall maintain and apply
all collateral and earnings thereon on deposit in the Basis Risk Cap Collateral
Account in accordance with Basis Risk Cap Credit Support Annex.
Cash
collateral posted by the Basis Risk Cap Provider in accordance with the Basis
Risk Cap Credit Support Annex shall be invested at the direction of the Basis
Risk Cap Provider in Permitted Investments in accordance with the requirements
of the Basis Risk Cap Credit Support Annex. All amounts earned on
amounts on deposit in the Basis Risk Cap Collateral Account (whether cash
collateral or securities) shall be for the account of and taxable to the Basis
Risk Cap Provider. If no investment direction is provided, such
amounts shall remain uninvested.
Upon
the
occurrence of an Event of Default or Specified Condition (each as defined in
the
Basis Risk Cap Agreement), with respect to the Basis Risk Cap Provider or upon
occurrence or designation of an Early Termination Date (as defined in the Basis
Risk Cap Agreement) as a result of any such Event of Default or Specified
Condition with respect to the Basis Risk Cap Provider, and, in either such
case,
unless the Basis Risk Cap Provider has paid in full all of its Obligations
(as
defined in the Basis Risk Cap Credit Support Annex) that are then due, then
any
collateral posted by the Basis Risk Cap Provider in accordance with the Basis
Risk Cap Credit Support Annex shall be applied to the payment of any Obligations
due to Party B (as defined in the Basis Risk Cap Agreement) in accordance with
the Basis Risk Cap Credit Support Annex. To the extent the Basis Risk
Cap Custodian is required to return any of the Posted Collateral to the Basis
Risk Cap Provider under the terms of the Basis Risk Cap Credit Support Annex,
the Basis Risk Cap Custodian shall return such collateral in accordance with
the
terms of the Basis Risk Cap Credit Support Annex.
(b) The
Trustee (in its capacity as Cap Trustee) is hereby directed to perform the
obligations of the Custodian as defined under the Interest Rate Cap Credit
Support Annex (the “Interest Rate Cap Custodian”). On or before the
Closing Date, the Interest Rate Cap Custodian shall establish a Interest Rate
Cap Collateral Account. The Interest Rate Cap Collateral Account
shall be held in the name of the Interest Rate Cap Custodian in trust for the
benefit of the Certificateholders. The Interest Rate Cap Collateral
Account must be an Eligible Account and shall be titled “Interest Rate Cap
Collateral Account, Xxxxx Fargo Bank, N.A., as Interest Rate Cap Custodian
for
registered Certificateholders of Soundview Home Loan Trust 2007-OPT2,
Asset-Backed Certificates, Series 2007-OPT2.”
The
Interest Rate Cap Custodian shall credit to Interest Rate Cap Collateral Account
all collateral (whether in the form of cash or securities) posted by the
Interest Rate Cap Provider to secure the obligations of the Interest Rate Cap
Provider in accordance with the terms of the Interest Rate Cap
Agreement. Except for investment earnings, the Interest Rate Cap
Provider shall not have any legal, equitable or beneficial interest in the
Interest Rate Cap Collateral Account other than in accordance with this
Agreement, the Interest Rate Cap Agreement and applicable law. The
Interest Rate Cap Custodian shall maintain and apply all collateral and earnings
thereon on deposit in the Interest Rate Cap Collateral Account in accordance
with Interest Rate Cap Credit Support Annex.
Cash
collateral posted by the Interest Rate Cap Provider in accordance with the
Interest Rate Cap Credit Support Annex shall be invested at the direction of
the
Interest Rate Cap Provider in Permitted Investments in accordance with the
requirements of the Interest Rate Cap Credit Support Annex. All
amounts earned on amounts on deposit in the Interest Rate Cap Collateral Account
(whether cash collateral or securities) shall be for the account of and taxable
to the Interest Rate Cap Provider. If no investment direction is
provided, such amounts shall remain uninvested.
Upon
the
occurrence of an Event of Default or Specified Condition (each as defined in
the
Interest Rate Cap Agreement), with respect to the Interest Rate Cap Provider
or
upon occurrence or designation of an Early Termination Date (as defined in
the
Interest Rate Cap Agreement) as a result of any such Event of Default or
Specified Condition with respect to the Interest Rate Cap Provider, and, in
either such case, unless the Interest Rate Cap Provider has paid in full all
of
its Obligations (as defined in the Interest Rate Cap Credit Support Annex)
that
are then due, then any collateral posted by the Interest Rate Cap Provider
in
accordance with the Interest Rate Cap Credit Support Annex shall be applied
to
the payment of any Obligations due to Party B (as defined in the Interest Rate
Cap Agreement) in accordance with the Interest Rate Cap Credit Support
Annex. To the extent the Interest Rate Cap Custodian is required to
return any of the Posted Collateral to the Interest Rate Cap Provider under
the
terms of the Basis Risk Cap Credit Support Annex, the Interest Rate Cap
Custodian shall return such collateral in accordance with the terms of the
Interest Rate Cap Credit Support Annex.
(c) The
Trustee (in its capacity as Supplemental Interest Trust Trustee) is hereby
directed to perform the obligations of the Custodian as defined under the Swap
Credit Support Annex (the “Swap Custodian”). On or before the Closing
Date, the Swap Custodian shall establish a Swap Collateral
Account. The Swap Collateral Account shall be held in the name of the
Swap Custodian in trust for the benefit of the
Certificateholders. The Swap Collateral Account must be an Eligible
Account and shall be titled “Swap Collateral Account, Xxxxx Fargo Bank, N.A., as
Swap Custodian for registered Certificateholders of Soundview Home Loan Trust
2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2.”
The
Swap
Custodian shall credit to Swap Collateral Account all collateral (whether in
the
form of cash or securities) posted by the Swap Provider to secure the
obligations of the Swap Provider in accordance with the terms of the Interest
Rate Swap Agreement. Except for investment earnings, the Swap
Provider shall not have any legal, equitable or beneficial interest in the
Swap
Collateral Account other than in accordance with this Agreement, the Interest
Rate Swap Agreement and applicable law. The Swap Custodian shall
maintain and apply all collateral and earnings thereon on deposit in the Swap
Collateral Account in accordance with Swap Credit Support Annex.
Cash
collateral posted by the Swap Provider in accordance with the Swap Credit
Support Annex shall be invested at the direction of the Swap Provider in
Permitted Investments in accordance with the requirements of the Swap Credit
Support Annex. All amounts earned on amounts on deposit in the Swap
Collateral Account (whether cash collateral or securities) shall be for the
account of and taxable to the Swap Provider. If no investment
direction is provided, such amounts shall remain uninvested.
Upon
the
occurrence of an Event of Default or Specified Condition (each as defined in
the
Interest Rate Swap Agreement), a with respect to the Interest Rate Swap Provider
or upon occurrence or designation of an Early Termination Date (as defined
in
the Interest Rate Swap Agreement) as a result of any such Event of Default
or
Specified Condition with respect to the Interest Rate Swap Provider, and, in
either such case, unless the Interest Rate Swap Provider has paid in full all
of
its Obligations (as defined in the Interest Rate Swap Credit Support Annex)
that
are then due, then any collateral posted by the Interest Rate Swap Provider
in
accordance with the Interest Rate Swap Credit Support Annex shall be applied
to
the payment of any Obligations due to Party B (as defined in the Interest Rate
Swap Agreement) in accordance with the Interest Rate Swap Credit Support
Annex. To the extent the Swap Custodian is required to return any of
the Posted Collateral to the Swap Provider under the terms of the Swap Credit
Support Annex, the Swap Custodian shall return such collateral in accordance
with the terms of the Swap Credit Support Annex.
SECTION
4.13
|
Rights
and Obligations Under the Basis Risk Cap Agreement, the Interest
Rate Cap
Agreement and the Interest Rate Swap
Agreement.
|
(a) In
the
event that the Basis Risk Cap Provider fails to perform any of its obligations
under the Basis Risk Cap Agreement (including, without limitation, its
obligation to make any payment or transfer collateral), or breaches any of
its
representations and warranties thereunder, or in the event that any Event of
Default, Termination Event, or Additional Termination Event (each as defined
in
the Basis Risk Cap Agreement) occurs with respect to the Basis Risk Cap
Agreement, the Trustee shall, promptly following actual notice of such failure,
breach or event, notify the Depositor and send any notices and make any demands,
on behalf of the Trust, required to enforce the rights of the Trust under the
Basis Risk Cap Agreement.
In
the
event that the Basis Risk Cap Provider’s obligations are guaranteed by a third
party under a guaranty relating to the Basis Risk Cap Agreement (such guaranty
the “Guaranty” and such third party the “Guarantor”), then to the extent that
the Basis Risk Cap Provider fails to make any payment by the close of business
on the day it is required to make payment under the terms of the Basis Risk
Cap
Agreement, the Trustee shall, promptly following actual notice of the Basis
Risk
Cap Provider’s failure to pay, demand that the Guarantor make any and all
payments then required to be made by the Guarantor pursuant to such Guaranty;
provided, that the Trustee shall in no event be liable for any failure or delay
in the performance by the Basis Risk Cap Provider or any Guarantor of its
obligations hereunder or pursuant to the Basis Risk Cap Agreement and the
Guaranty, nor for any special, indirect or consequential loss or damage of
any
kind whatsoever (including but not limited to lost profits) in connection
therewith.
Upon
an
early termination of the Basis Risk Cap Agreement other than in connection
with
the optional termination of the Trust, the Trustee, at the direction of the
Depositor, will use reasonable efforts to appoint a successor basis risk cap
provider to enter into a new basis risk cap agreement on terms substantially
similar to the Basis Risk Cap Agreement, with a successor basis risk cap
provider meeting all applicable eligibility requirements. If the Trustee
receives a termination payment from the Basis Risk Cap Provider in connection
with such early termination, the Trustee will apply such termination payment
to
any upfront payment required to appoint the successor basis risk cap
provider.
If
the
Trustee is unable to appoint a successor basis risk cap provider within 30
days
of the early termination, then the Trustee will deposit any termination payment
received from the original Basis Risk Cap Provider into a separate, non-interest
bearing reserve account and will, on each subsequent Distribution Date, withdraw
from the amount then remaining on deposit in such reserve account, an amount
equal to the payment, if any, that would have been paid to the Trustee by the
original Basis Risk Cap Provider calculated in accordance with the terms of
the
original Basis Risk Cap Agreement, and distribute such amount in accordance
with
the terms of Section 4.01(d).
Upon
an
early termination of the Basis Risk Cap Agreement in connection with the
optional termination of the Trust, if the Trustee receives a termination payment
from the Basis Risk Cap Provider, such termination payment will be distributed
in accordance with Section 4.01(d).
(b) In
the
event that the Interest Rate Cap Provider fails to perform any of its
obligations under the Interest Rate Cap Agreement (including, without
limitation, its obligation to make any payment or transfer collateral), or
breaches any of its representations and warranties thereunder, or in the event
that any Event of Default, Termination Event, or Additional Termination Event
(each as defined in the Interest Rate Cap Agreement) occurs with respect to
the
Interest Rate Cap Agreement, the Trustee (in its capacity as Cap Trustee) shall,
promptly following actual notice of such failure, breach or event, notify the
Depositor and send any notices and make any demands, on behalf of the Cap Trust,
required to enforce the rights of the Cap Trust under the Interest Rate Cap
Agreement.
In
the
event that the Interest Rate Cap Provider’s obligations are guaranteed by a
third party under a guaranty relating to the Interest Rate Cap Agreement (such
guaranty the “Guaranty” and such third party the “Guarantor”), then to the
extent that the Interest Rate Cap Provider fails to make any payment by the
close of business on the day it is required to make payment under the terms
of
the Interest Rate Cap Agreement, the Trustee (in its capacity as Cap Trustee)
shall, promptly following actual notice of the Interest Rate Cap Provider’s
failure to pay, demand that the Guarantor make any and all payments then
required to be made by the Guarantor pursuant to such Guaranty; provided, that
the Trustee (in its capacity as Cap Trustee) shall in no event be liable for
any
failure or delay in the performance by the Interest Rate Cap Provider or any
Guarantor of its obligations hereunder or pursuant to the Interest Rate Cap
Agreement and the Guaranty, nor for any special, indirect or consequential
loss
or damage of any kind whatsoever (including but not limited to lost profits)
in
connection therewith.
Upon
an
early termination of the Interest Rate Cap Agreement other than in connection
with the optional termination of the Trust, the Trustee (in its capacity as
Cap
Trustee), at the direction of the Depositor, will use reasonable efforts to
appoint a successor interest rate cap provider to enter into a new interest
rate
cap agreement on terms substantially similar to the Interest Rate Cap Agreement,
with a successor interest rate cap provider meeting all applicable eligibility
requirements. If the Trustee (in its capacity as Cap Trustee) receives a
termination payment from the Interest Rate Cap Provider in connection with
such
early termination, the Trustee (in its capacity as Cap Trustee) will apply
such
termination payment to any upfront payment required to appoint the successor
interest rate cap provider.
If
the
Trustee (in its capacity as Cap Trustee) is unable to appoint a successor
interest rate cap provider within 30 days of the early termination, then the
Trustee (in its capacity as Cap Trustee) will deposit any termination payment
received from the original Interest Rate Cap Provider into a separate,
non-interest bearing reserve account and will, on each subsequent Distribution
Date, withdraw from the amount then remaining on deposit in such reserve account
an amount equal to the payment, if any, that would have been paid to the Trustee
(in its capacity as Cap Trustee) by the original Interest Rate Cap Provider
calculated in accordance with the terms of the original Interest Rate Cap
Agreement, and distribute such amount in accordance with the terms
of Section 4.01(g).
Upon
an
early termination of the Interest Rate Cap Agreement in connection with the
optional termination of the Trust, if the Trustee (in its capacity as Cap
Trustee) receives a termination payment from the Interest Rate Cap Provider,
such termination payment will be distributed in accordance with Section
4.01(g).
(c) In
the
event that the Swap Provider fails to perform any of its obligations under
the
Interest Rate Swap Agreement (including, without limitation, its obligation
to
make any payment or transfer collateral), or breaches any of its representations
and warranties thereunder, or in the event that any Event of Default,
Termination Event, or Additional Termination Event (each as defined in the
Interest Rate Swap Agreement) occurs with respect to the Interest Rate Swap
Agreement, the Trustee (in its capacity as Supplemental Interest Trust Trustee)
shall, promptly following actual notice of such failure, breach or event, notify
the Depositor and send any notices and make any demands, on behalf of the
Supplemental Interest Trust, required to enforce the rights of the Supplemental
Interest Trust under the Interest Rate Swap Agreement.
In
the
event that the Swap Provider’s obligations are guaranteed by a third party under
a guaranty relating to the Interest Rate Swap Agreement (such guaranty the
“Guaranty” and such third party the “Guarantor”), then to the extent that the
Swap Provider fails to make any payment by the close of business on the day
it
is required to make payment under the terms of the Interest Rate Swap Agreement,
the Trustee (in its capacity as Supplemental Interest Trust Trustee) shall,
promptly following actual notice of the Swap Provider’s failure to pay, demand
that the Guarantor make any and all payments then required to be made by the
Guarantor pursuant to such Guaranty; provided, that the Trustee (in its capacity
as Supplemental Interest Trust Trustee) shall in no event be liable for any
failure or delay in the performance by the Swap Provider or any Guarantor of
its
obligations hereunder or pursuant to the Interest Rate Swap Agreement and the
Guaranty, nor for any special, indirect or consequential loss or damage of
any
kind whatsoever (including but not limited to lost profits) in connection
therewith.
Upon
an
early termination of the Interest Rate Swap Agreement other than in connection
with the optional termination of the Trust, the Trustee (in its capacity as
Supplemental Interest Trust Trustee), at the direction of the Depositor, will
use reasonable efforts to appoint a successor swap provider to enter into a
new
interest rate swap agreement on terms substantially similar to the Interest
Rate
Swap Agreement, with a successor swap provider meeting all applicable
eligibility requirements. If the Trustee (in its capacity as Supplemental
Interest Trust Trustee) receives a termination payment from the Swap Provider
in
connection with such early termination, the Trustee (in its capacity as
Supplemental Interest Trust Trustee) will apply such termination payment to
any
upfront payment required to appoint the successor swap provider. If
the Trustee (in its capacity as Supplemental Interest Trust Trustee) is required
to pay a termination payment to the Swap Provider in connection with such early
termination, the Trustee (in its capacity as Supplemental Interest Trust
Trustee) will apply any upfront payment received from the successor swap
provider to pay such termination payment.
If
the
Trustee (in its capacity as Supplemental Interest Trust Trustee) is unable
to
appoint a successor swap provider within 30 days of the early termination,
then
the Trustee (in its capacity as Supplemental Interest Trust Trustee) will
deposit any termination payment received from the original Swap Provider into
a
separate, non-interest bearing reserve account and will, on each subsequent
Distribution Date, withdraw from the amount then remaining on deposit in such
reserve account an amount equal to the Net Swap Payment, if any, that would
have
been paid to the Trustee (in its capacity as Supplemental Interest Trust
Trustee) by the original Swap Provider calculated in accordance with the terms
of the original Interest Rate Swap Agreement, and distribute such amount in
accordance with the terms of Section 4.01(e).
Upon
an
early termination of the Interest Rate Swap Agreement in connection with the
optional termination of the Trust, if the Trustee (in its capacity as
Supplemental Interest Trust Trustee) receives a termination payment from the
Swap Provider, such termination payment will be distributed in accordance with
Section 4.01(e).
ARTICLE
V
THE
CERTIFICATES
SECTION
5.01
|
The
Certificates.
|
Each
of
the Floating Rate Certificates, the Class L Certificates, the Class P
Certificates, the Class C Certificates and the Residual Certificates shall
be
substantially in the forms annexed hereto as exhibits, and shall, on original
issue, be executed, authenticated and delivered by the Trustee to or upon the
order of the Depositor concurrently with the sale and assignment to the Trustee
of the Trust Fund. The Floating Rate Certificates shall be initially evidenced
by one or more Certificates representing a Percentage Interest with a minimum
dollar denomination of $25,000 and integral dollar multiples of $1.00 in excess
thereof, provided that such Certificates must be purchased in minimum total
investments of $100,000 per class, except that one Certificate of each such
Class of Certificates may be in a different denomination so that the sum of
the
denominations of all outstanding Certificates of such Class shall equal the
Certificate Principal Balance of such Class on the Closing Date. The Class
P
Certificates, the Class C Certificates, the Class L Certificates and the
Residual Certificates are issuable in any Percentage Interests; provided,
however, that the sum of all such percentages for each such Class totals 100%
and no more than ten Certificates of each Class may be issued and outstanding
at
any one time.
The
Certificates shall be executed on behalf of the Trust by manual or facsimile
signature on behalf of the Trustee by a Responsible Officer. Certificates
bearing the manual or facsimile signatures of individuals who were, at the
time
when such signatures were affixed, authorized to sign on behalf of the Trustee
shall bind the Trust, notwithstanding that such individuals or any of them
have
ceased to be so authorized prior to the authentication and delivery of such
Certificates or did not hold such offices at the date of such Certificate.
No
Certificate shall be entitled to any benefit under this Agreement or be valid
for any purpose, unless such Certificate shall have been manually authenticated
by the Trustee substantially in the form provided for herein, and such
authentication upon any Certificate shall be conclusive evidence, and the only
evidence, that such Certificate has been duly authenticated and delivered
hereunder. All Certificates shall be dated the date of their authentication.
Subject to Section 5.02(c), the Floating Rate Certificates shall be Book-Entry
Certificates. The other Classes of Certificates shall not be Book-Entry
Certificates.
SECTION
5.02
|
Registration
of Transfer and Exchange of
Certificates.
|
(a) The
Certificate Registrar shall cause to be kept at the Corporate Trust Office
a
Certificate Register in which, subject to such reasonable regulations as it
may
prescribe, the Certificate Registrar shall provide for the registration of
Certificates and of transfers and exchanges of Certificates as herein provided.
The Trustee shall initially serve as Certificate Registrar for the purpose
of
registering Certificates and transfers and exchanges of Certificates as herein
provided.
Upon
surrender for registration of transfer of any Certificate at any office or
agency of the Certificate Registrar maintained for such purpose pursuant to
the
foregoing paragraph which office shall initially be the offices designated
by
the Trustee and, in the case of a Residual Certificate, upon satisfaction of
the
conditions set forth below, the Trustee on behalf of the Trust shall execute,
authenticate and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of the same aggregate Percentage
Interest.
At
the
option of the Certificateholders, Certificates may be exchanged for other
Certificates in authorized denominations and the same aggregate Percentage
Interests, upon surrender of the Certificates to be exchanged at any such office
or agency. Whenever any Certificates are so surrendered for exchange, the
Trustee shall execute on behalf of the Trust and authenticate and deliver the
Certificates which the Certificateholder making the exchange is entitled to
receive. Every Certificate presented or surrendered for registration of transfer
or exchange shall (if so required by the Trustee or the Certificate Registrar)
be duly endorsed by, or be accompanied by a written instrument of transfer
satisfactory to the Trustee and the Certificate Registrar duly executed by,
the
Holder thereof or his attorney duly authorized in writing. In addition, (i)
with
respect to each Class R Certificate, the holder thereof may exchange, in the
manner described above, such Class R Certificate for three separate
certificates, each representing such holder’s respective Percentage Interest in
the Class R-1 Interest, the Class R-2 Interest and the Class R-3 Interest that
was evidenced by the Class R Certificate being exchanged and (ii) with respect
to each Class R-X Certificate, the holder thereof may exchange, in the manner
described above, such Class R-X Certificate for three separate certificates,
each representing such holder’s respective Percentage Interest in the Class R-4
Interest, the Class R-5 Interest and the Class R-6 Interest that was evidenced
by the Class R-X Certificate being exchanged.
(b) Except
as
provided in paragraph (c) below, the Book-Entry Certificates shall at all times
remain registered in the name of the Depository or its nominee and at all times:
(i) registration of such Certificates may not be transferred by the Trustee
except to another Depository; (ii) the Depository shall maintain book-entry
records with respect to the Certificate Owners and with respect to ownership
and
transfers of such Certificates; (iii) ownership and transfers of registration
of
such Certificates on the books of the Depository shall be governed by applicable
rules established by the Depository; (iv) the Depository may collect its usual
and customary fees, charges and expenses from its Depository Participants;
(v)
the Trustee shall for all purposes deal with the Depository as representative
of
the Certificate Owners of the Certificates for purposes of exercising the rights
of Holders under this Agreement, and requests and directions for and votes
of
such representative shall not be deemed to be inconsistent if they are made
with
respect to different Certificate Owners; (vi) the Trustee may rely and shall
be
fully protected in relying upon information furnished by the Depository with
respect to its Depository Participants and furnished by the Depository
Participants with respect to indirect participating firms and Persons shown
on
the books of such indirect participating firms as direct or indirect Certificate
Owners; and (vii) the direct participants of the Depository shall have no rights
under this Agreement under or with respect to any of the Certificates held
on
their behalf by the Depository, and the Depository may be treated by the Trustee
and its agents, employees, officers and directors as the absolute owner of
the
Certificates for all purposes whatsoever.
All
transfers by Certificate Owners of Book-Entry Certificates shall be made in
accordance with the procedures established by the Depository Participant or
brokerage firm representing such Certificate Owners. Each Depository Participant
shall only transfer Book-Entry Certificates of Certificate Owners that it
represents or of brokerage firms for which it acts as agent in accordance with
the Depository’s normal procedures. The parties hereto are hereby authorized to
execute a Letter of Representations with the Depository or take such other
action as may be necessary or desirable to register a Book-Entry Certificate
to
the Depository. In the event of any conflict between the terms of any such
Letter of Representation and this Agreement, the terms of this Agreement shall
control.
(c) If
(i)(x)
the Depository or the Depositor advises the Trustee in writing that the
Depository is no longer willing or able to discharge properly its
responsibilities as Depository and (y) the Trustee or the Depositor is unable
to
locate a qualified successor or (ii) after the occurrence of a Servicer Event
of
Termination, the Certificate Owners of the Book-Entry Certificates representing
Percentage Interests of such Classes aggregating not less than 51% advise the
Trustee and Depository through the Financial Intermediaries and the Depository
Participants in writing that the continuation of a book-entry system through
the
Depository to the exclusion of definitive, fully registered certificates (the
“Definitive Certificates”) to Certificate Owners is no longer in the best
interests of the Certificate Owners. Upon surrender to the Certificate Registrar
of the Book-Entry Certificates by the Depository, accompanied by registration
instructions from the Depository for registration, the Trustee shall, in the
case of (i) and (ii) above, execute on behalf of the Trust and authenticate
the
Definitive Certificates. Neither the Depositor nor the Trustee shall be liable
for any delay in delivery of such instructions and may conclusively rely on,
and
shall be protected in relying on, such instructions. Upon the issuance of
Definitive Certificates, the Trustee, the Certificate Registrar, the Servicer,
any Paying Agent and the Depositor shall recognize the Holders of the Definitive
Certificates as Certificateholders hereunder.
(d) No
transfer, sale, pledge or other disposition of any Class M-10 Certificate,
Class
C Certificate, Class P Certificate, Class L Certificate or Residual Certificate
(the “Private Certificates”) shall be made unless such disposition is exempt
from the registration requirements of the 1933 Act, and any applicable state
securities laws or is made in accordance with the 1933 Act and laws. In the
event of any such transfer (other than in connection with (i) the initial
transfer of any such Certificate by the Depositor to an Affiliate of the
Depositor or, in the case of the Class R-X Certificates, the first transfer
by
an Affiliate of the Depositor or the first transfer by the initial transferee
of
an Affiliate of the Depositor, (ii) the transfer of any such Class C, Class
P or
Residual Certificate to the issuer under the Indenture or the indenture trustee
under the Indenture or (iii) a transfer of any such Private Certificate from
the
issuer under the Indenture or the indenture trustee under the Indenture to
the
Depositor or an Affiliate of the Depositor), (x) unless such transfer is made
in
reliance upon Rule 144A (as evidenced by the investment letter delivered to
the
Trustee, in substantially the form attached hereto as Exhibit J) under the
1933
Act, the Trustee and the Depositor shall require a written Opinion of Counsel
(which may be in-house counsel) acceptable to and in form and substance
reasonably satisfactory to the Trustee and the Depositor that such transfer
may
be made pursuant to an exemption, describing the applicable exemption and the
basis therefor, from the 1933 Act or is being made pursuant to the 1933 Act,
which Opinion of Counsel shall not be an expense of the Trustee or the Depositor
or (y) the Trustee shall require the transferor to execute a transferor
certificate (in substantially the form attached hereto as Exhibit L) and the
transferee to execute an investment letter (in substantially the form attached
hereto as Exhibit J) acceptable to and in form and substance reasonably
satisfactory to the Depositor and the Trustee certifying to the Depositor and
the Trustee the facts surrounding such transfer, which investment letter shall
not be an expense of the Trustee or the Depositor. The Holder of a Private
Certificate desiring to effect such transfer shall, and does hereby agree to,
indemnify the Trustee and the Depositor against any liability that may result
if
the transfer is not so exempt or is not made in accordance with such federal
and
state laws.
Notwithstanding
the foregoing, in the event of any such transfer of any Ownership Interest
in
any Private Certificate that is a Book-Entry Certificate, except with respect
to
the initial transfer of any such Ownership Interest by the Depositor, such
transfer shall be required to be made in reliance upon Rule 144A under the
1933
Act, and the transferor will be deemed to have made each of the transferor
representations and warranties set forth in Exhibit L hereto in respect of
such
interest as if it was evidenced by a Definitive Certificate and the transferee
will be deemed to have made each of the transferee representations and
warranties set forth in Exhibit J hereto in respect of such interest as if
it
was evidenced by a Definitive Certificate. The Certificate Owner of
any such Ownership Interest in any such Book-Entry Certificate desiring to
effect such transfer shall, and does hereby agree to, indemnify the Trustee
and
the Depositor against any liability that may result if the transfer is not
so
exempt or is not made in accordance with such federal and state
laws.
Notwithstanding
the foregoing, no certification or Opinion of Counsel described above in this
Section 5.02(d) will be required in connection with the transfer, on the Closing
Date, of any Residual Certificate by the Depositor to an “accredited investor”
within the meaning of Rule 501 of the 1933 Act.
No
transfer of any Class C Certificate shall be made unless the proposed transferee
of such Class C Certificate (1) provides to the Trustee and the Swap Provider,
the appropriate tax certification forms that would eliminate any withholding
or
deduction for taxes from amounts payable by the Swap Provider, pursuant to
the
Interest Rate Swap Agreement, to the Supplemental Interest Trust Trustee (i.e.,
IRS Form W-9 or IRS Form X-0XXX, X-0XXX, X-0XXX or W-8ECI, as applicable (or
any
successor form thereto), together with any applicable attachments) and (2)
agrees to update such form (a) upon expiration of any such form, (b) as required
under then applicable U.S. Treasury regulations and (c) promptly upon learning
that such form has become obsolete or incorrect, each as a condition to such
transfer. In addition, no transfer of any Class C Certificate shall
be made if such transfer would cause the Supplemental Interest Trust to be
beneficially owned by two or more persons for federal income tax purposes,
or
continue to be so treated, unless (i) each proposed transferee of such Class
C
Certificate complies with the foregoing conditions, (ii) the proposed majority
holder of the Class C Certificates (or each holder, if there is or would be
no
majority holder) (A) provides, or causes to be provided, on behalf of the
Supplemental Interest Trust, if applicable, the appropriate tax certification
form that would be required from the Supplemental Interest Trust, as applicable,
to eliminate any withholding or deduction for taxes from amounts payable by
the
Swap Provider, pursuant to the Interest Rate Swap Agreement, to the Supplemental
Interest Trust Trustee (i.e., IRS Form W-9 or IRS Form X-0XXX, X-0XXX, X-0XXX
or
W-8ECI, as applicable (or any successor form thereto), together with any
applicable attachments) and (B) agrees to update such form (x) upon expiration
of any such form, (y) as required under then applicable U.S. Treasury
regulations and (z) promptly upon learning that such form has become obsolete
or
incorrect. If, under applicable U.S. Treasury regulations, such tax
certification form may only be signed by a trustee acting on behalf of the
Supplemental Interest Trust, then the Supplemental Interest Trust Trustee,
as
applicable, shall sign such certification form if so requested by a holder
of
the Class C Certificates.
Upon
receipt of any tax certification form pursuant to the preceding conditions
from
a proposed transferee of any Class C Certificate, the Trustee shall forward
each
tax certification form attributable to the Interest Rate Swap Agreement to
the
Swap Provider, upon request of the Swap Provider, solely to the extent the
Swap
Provider has not received such IRS Form directly from the Holder of the Class
C
Certificates. Each Holder of a Class C Certificate by its purchase of
such Certificate is deemed to consent to any such IRS Form being so
forwarded. Upon the request of the Swap Provider, the Trustee shall
be required to forward any tax certification received by it to the Swap Provider
at the last known address provided to it, and, subject to Section 8.01, shall
not be liable for the receipt of such tax certification by the Swap Provider,
nor any action taken or not taken by the Swap Provider with respect to such
tax
certification. Any purported sales or transfers of any Class C
Certificate to a transferee which does not comply with the requirements of
the
preceding paragraph shall be deemed null and void under this
Agreement. The Trustee shall have no duty to take any action to
correct any misstatement or omission in any tax certification provided to it
by
the Holder of the Class C Certificates and forwarded to the Swap
Provider.
No
transfer of a Class C Certificate, Class P Certificate, Class L Certificate
or
Residual Certificate or any interest therein shall be made to any Plan, any
Person acting, directly or indirectly, on behalf of any such Plan or any Person
acquiring such Certificates with “Plan Assets” of a Plan within the meaning of
the Department of Labor regulation promulgated at 29 C.F.R. § 2510.3-101 as
modified by Section 3(42) of ERISA (“Plan Assets”), as certified by such
transferee in the form of Exhibit M, unless the Trustee is provided with an
Opinion of Counsel for the benefit of the Depositor, the Trustee and the
Servicer and on which they may rely which establishes to the satisfaction of
the
Trustee that the purchase of such Certificates is permissible under applicable
law, will not constitute or result in any prohibited transaction under ERISA
or
Section 4975 of the Code and will not subject the Depositor, the Servicer,
the
Trustee or the Trust Fund to any obligation or liability (including obligations
or liabilities under ERISA or Section 4975 of the Code) in addition to those
undertaken in this Agreement, which Opinion of Counsel shall not be an expense
of the Depositor, the Servicer, the Trustee or the Trust Fund. Neither a
certification nor an Opinion of Counsel will be required in connection with
(i)
the initial transfer of any such Certificate by the Depositor to an Affiliate
of
the Depositor, (ii) the transfer of any such Class C Certificate, Class P
Certificate, Class L Certificate or Residual Certificate to the issuer under
the
Indenture or the indenture trustee under the Indenture or (iii) a transfer
of
any such Class C Certificate, Class P Certificate, Class L Certificate or
Residual Certificate from the issuer under the Indenture or the indenture
trustee under the Indenture to the Depositor or an Affiliate of the Depositor
(in which case, the Depositor or any Affiliate thereof shall have deemed to
have
represented that such Affiliate is not a Plan or a Person investing Plan Assets)
and the Trustee shall be entitled to conclusively rely upon a representation
(which, upon the request of the Trustee, shall be a written representation)
from
the Transferor of the status of such transferee as an affiliate of the
Depositor.
For
so
long as the Supplemental Interest Trust or the Cap Trust is in existence, each
beneficial owner of a Floating Rate Certificate or any interest therein, shall
be deemed to have represented, by virtue of its acquisition or holding of the
Floating Rate Certificate, or interest therein, that either (i) it is not a
Plan
or (ii) (A) it is an accredited investor within the meaning of Prohibited
Transaction Exemption (“PTE”) 90-59, as amended by XXX 00-00, XXX 0000-00, XXX
0000-00 and PTE 2007-05 (the “Exemption”) and (B) the acquisition and holding of
such Certificate and the separate right to receive payments from the
Supplemental Interest Trust or the Cap Trust are eligible for the exemptive
relief available under Prohibited Transaction Class Exemption (“PTCE”) 95-60 or,
except in the case of a Class M-10 Certificate, 84-14, 91-38, 90-1 or
96-23.
Subsequent
to the termination of the Supplemental Interest Trust and the Cap Trust, each
Transferee of a Mezzanine Certificate will be deemed to have represented by
virtue of its purchase or holding of such Certificate (or interest therein)
that
either (a) such Transferee is not a Plan or purchasing such Certificate with
Plan Assets, (b) except for the Class M-10 Certificate, it has acquired and
is
holding such certificate in reliance on the Exemption, and that it understands
that there are certain conditions to the availability of the Exemption,
including that the certificate must be rated, at the time of purchase, not
lower
than "BBB-"(or its equivalent) by S&P, Fitch Ratings, Dominion Bond Rating
Service Limited (known as DBRS Limited), Dominion Bond Rating Service, Inc.
(known as DBRS, Inc.) or Moody's, and the certificate is so rated or (c) the
following conditions are satisfied: (i) such Transferee is an
insurance company, (ii) the source of funds used to purchase or hold such
Certificate (or interest therein) is an “insurance company general account” (as
defined in PTCE 95-60), and (iii) the conditions set forth in Sections I and
III
of PTCE 95-60 have been satisfied.
If
any
Certificate or any interest therein is acquired or held in violation of the
provisions of the three preceding paragraphs, the next preceding permitted
beneficial owner will be treated as the beneficial owner of that Certificate
retroactive to the date of transfer to the purported beneficial owner. Any
purported beneficial owner whose acquisition or holding of any such Certificate
or interest therein was effected in violation of the provisions of the three
preceding paragraphs shall indemnify and hold harmless the Depositor, the
Servicer, the NIMS Insurer, the Trustee and the Trust from and against any
and
all liabilities, claims, costs or expenses incurred by those parties as a result
of that acquisition or holding.
Each
Person who has or who acquires any Ownership Interest in a Residual Certificate
shall be deemed by the acceptance or acquisition of such Ownership Interest
to
have agreed to be bound by the following provisions and to have irrevocably
appointed the Depositor or its designee as its attorney-in-fact to negotiate
the
terms of any mandatory sale under clause (v) below and to execute all
instruments of transfer and to do all other things necessary in connection
with
any such sale, and the rights of each Person acquiring any Ownership Interest
in
a Residual Certificate are expressly subject to the following
provisions:
(i) Each
Person holding or acquiring any Ownership Interest in a Residual Certificate
shall be a Permitted Transferee and shall promptly notify the Trustee of any
change or impending change in its status as a Permitted Transferee.
(ii) No
Person
shall acquire an Ownership Interest in a Residual Certificate unless such
Ownership Interest is a pro rata undivided interest.
(iii) In
connection with any proposed transfer of any Ownership Interest in a Residual
Certificate, the Trustee shall as a condition to registration of the transfer,
require delivery to it, in form and substance satisfactory to it, of each of
the
following:
(A) an
affidavit in the form of Exhibit K hereto from the proposed transferee to the
effect that such transferee is a Permitted Transferee and that it is not
acquiring its Ownership Interest in the Residual Certificate that is the subject
of the proposed transfer as a nominee, trustee or agent for any Person who
is
not a Permitted Transferee; and
(B) a
covenant of the proposed transferee to the effect that the proposed transferee
agrees to be bound by and to abide by the transfer restrictions applicable
to
the Residual Certificates.
(iv) Any
attempted or purported transfer of any Ownership Interest in a Residual
Certificate in violation of the provisions of this Section shall be absolutely
null and void and shall vest no rights in the purported transferee. If any
purported transferee shall, in violation of the provisions of this Section,
become a Holder of a Residual Certificate, then the prior Holder of such
Residual Certificate that is a Permitted Transferee shall, upon discovery that
the registration of transfer of such Residual Certificate was not in fact
permitted by this Section, be restored to all rights as Holder thereof
retroactive to the date of registration of transfer of such Residual
Certificate. The Trustee shall be under no liability to any Person
for any registration of transfer of a Residual Certificate that is in fact
not
permitted by this Section or for making any distributions due on such Residual
Certificate to the Holder thereof or taking any other action with respect to
such Holder under the provisions of this Agreement so long as the Trustee
received the documents specified in clause (iii). The Trustee shall
be entitled to recover from any Holder of a Residual Certificate that was in
fact not a Permitted Transferee at the time such distributions were made all
distributions made on such Residual Certificate. Any such distributions so
recovered by the Trustee shall be distributed and delivered by the Trustee
to
the prior Holder of such Residual Certificate that is a Permitted
Transferee.
(v) If
any
Person other than a Permitted Transferee acquires any Ownership Interest in
a
Residual Certificate in violation of the restrictions in this Section, then
the
Trustee shall have the right but not the obligation, without notice to the
Holder of such Residual Certificate or any other Person having an Ownership
Interest therein, to notify the Depositor to arrange for the sale of such
Residual Certificate. The proceeds of such sale, net of commissions (which
may
include commissions payable to the Depositor or its affiliates in connection
with such sale), expenses and taxes due, if any, will be remitted by the Trustee
to the previous Holder of such Residual Certificate that is a Permitted
Transferee, except that in the event that the Trustee determines that the Holder
of such Residual Certificate may be liable for any amount due under this Section
or any other provisions of this Agreement, the Trustee may withhold a
corresponding amount from such remittance as security for such claim. The terms
and conditions of any sale under this clause (v) shall be determined in the
sole
discretion of the Trustee and it shall not be liable to any Person having an
Ownership Interest in a Residual Certificate as a result of its exercise of
such
discretion.
(vi) If
any
Person other than a Permitted Transferee acquires any Ownership Interest in
a
Residual Certificate in violation of the restrictions in this Section, then
the
Trustee upon receipt of reasonable compensation will provide to the Internal
Revenue Service, and to the persons specified in Sections 860E(e)(3) and (6)
of
the Code, information needed to compute the tax imposed under Section 860E(e)(5)
of the Code on transfers of residual interests to disqualified
organizations.
The
foregoing provisions of this Section shall cease to apply to transfers occurring
on or after the date on which there shall have been delivered to the Trustee
and
the NIMS Insurer, in form and substance satisfactory to the Trustee and the
NIMS
Insurer, (i) written notification from each Rating Agency that the removal
of
the restrictions on transfer set forth in this Section will not cause such
Rating Agency to downgrade its rating of the Certificates and (ii) an Opinion
of
Counsel to the effect that such removal will not cause any REMIC created
hereunder to fail to qualify as a REMIC.
(e) No
service charge shall be made for any registration of transfer or exchange of
Certificates of any Class, but the Certificate Registrar may require payment
of
a sum sufficient to cover any tax or governmental charge that may be imposed
in
connection with any transfer or exchange of Certificates.
All
Certificates surrendered for registration of transfer or exchange shall be
canceled by the Certificate Registrar and disposed of pursuant to its standard
procedures.
SECTION
5.03
|
Mutilated,
Destroyed, Lost or Stolen
Certificates.
|
If
(i)
any mutilated Certificate is surrendered to the Certificate Registrar or the
Certificate Registrar receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate and (ii) there is delivered to the Trustee,
the
Depositor, the NIMS Insurer and the Certificate Registrar such security or
indemnity as may be required by them to save each of them harmless, then, in
the
absence of notice to the Trustee or the Certificate Registrar that such
Certificate has been acquired by a bona fide purchaser, the Trustee shall
execute on behalf of the Trust, authenticate and deliver, in exchange for or
in
lieu of any such mutilated, destroyed, lost or stolen Certificate, a new
Certificate of like tenor and Percentage Interest. Upon the issuance of any
new
Certificate under this Section, the Trustee or the Certificate Registrar may
require the payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in relation thereto and any other expenses (including
the fees and expenses of the Trustee and the Certificate Registrar) in
connection therewith. Any duplicate Certificate issued pursuant to this Section,
shall constitute complete and indefeasible evidence of ownership in the Trust,
as if originally issued, whether or not the lost, stolen or destroyed
Certificate shall be found at any time.
SECTION
5.04
|
Persons
Deemed Owners.
|
The
Servicer, the Depositor, the Trustee, the NIMS Insurer, the Certificate
Registrar, any Paying Agent and any agent of the Servicer, the Depositor, the
Trustee, the NIMS Insurer, the Certificate Registrar or any Paying Agent may
treat the Person, including a Depository, in whose name any Certificate is
registered as the owner of such Certificate for the purpose of receiving
distributions pursuant to Section 4.01 and for all other purposes whatsoever,
and none of the Servicer, the Trust, the Trustee nor any agent of any of them
shall be affected by notice to the contrary.
SECTION
5.05
|
Appointment
of Paying Agent.
|
(a) The
Paying Agent shall make distributions to Certificateholders from the
Distribution Account pursuant to Section 4.01 and shall report the amounts
of
such distributions to the Trustee. The duties of the Paying Agent may include
the obligation (i) to withdraw funds from the Collection Account pursuant to
Section 3.11(a) and for the purpose of making the distributions referred to
above and (ii) to distribute statements and provide information to
Certificateholders as required hereunder. The Paying Agent hereunder shall
at
all times be an entity duly organized and validly existing under the laws of
the
United States of America or any state thereof, authorized under such laws to
exercise corporate trust powers and subject to supervision or examination by
federal or state authorities. The Paying Agent shall initially be the Trustee.
The Trustee may appoint a successor to act as Paying Agent, which appointment
shall be reasonably satisfactory to the Depositor and the NIMS
Insurer.
(b) The
Trustee shall cause the Paying Agent (if other than the Trustee) to execute
and
deliver to the Trustee an instrument in which such Paying Agent shall agree
with
the Trustee that such Paying Agent shall hold all sums, if any, held by it
for
payment to the Certificateholders in trust for the benefit of the
Certificateholders entitled thereto until such sums shall be paid to such
Certificateholders and shall agree that it shall comply with all requirements
of
the Code regarding the withholding of payments in respect of Federal income
taxes due from Certificate Owners and otherwise comply with the provisions
of
this Agreement applicable to it.
ARTICLE
VI
THE
SERVICER AND THE DEPOSITOR
SECTION
6.01
|
Liability
of the Servicer and the Depositor.
|
The
Servicer shall be liable in accordance herewith only to the extent of the
obligations specifically imposed upon and undertaken by the Servicer herein.
The
Depositor shall be liable in accordance herewith only to the extent of the
obligations specifically imposed upon and undertaken by the
Depositor.
SECTION
6.02
|
Merger
or Consolidation of, or Assumption of the Obligations of, the Servicer
or
the Depositor.
|
Any
entity into which the Servicer or the Depositor may be merged or consolidated,
or any entity resulting from any merger, conversion or consolidation to which
the Servicer or the Depositor shall be a party, or any corporation succeeding
to
the business of the Servicer or the Depositor, shall be the successor of the
Servicer or the Depositor, as the case may be, hereunder, without the execution
or filing of any paper or any further act on the part of any of the parties
hereto, anything herein to the contrary notwithstanding; provided, however,
that
the successor Servicer shall satisfy all the requirements of Section 7.02 with
respect to the qualifications of a successor Servicer.
SECTION
6.03
|
Limitation
on Liability of the Servicer and
Others.
|
Neither
the Servicer nor the Depositor nor any of the directors or officers or employees
or agents of the Servicer or the Depositor shall be under any liability to
the
Trust or the Certificateholders for any action taken or for refraining from
the
taking of any action by the Servicer or the Depositor in good faith pursuant
to
this Agreement, or for errors in judgment; provided, however, that this
provision shall not protect the Servicer, the Depositor or any such Person
against any liability which would otherwise be imposed by reason of its willful
misfeasance, bad faith or negligence in the performance of duties of the
Servicer or the Depositor, as the case may be, or by reason of its reckless
disregard of its obligations and duties of the Servicer or the Depositor, as
the
case may be, hereunder. The Servicer and any director or officer or
employee or agent of the Servicer may rely in good faith on any document of
any
kind prima facie properly executed and submitted by any Person respecting any
matters arising hereunder. The Servicer and the Depositor, and any
director or officer or employee or agent of the Servicer or the Depositor,
shall
be indemnified by the Trust and held harmless against (i) any loss, liability
or
expense incurred in connection with any legal action relating to this Agreement
or the Certificates, other than any loss, liability or expense related to any
specific Mortgage Loan or Mortgage Loans (except as any such loss, liability
or
expense shall be otherwise reimbursable pursuant to this Agreement) and any
loss, liability or expense incurred by reason of its willful misfeasance, bad
faith or negligence in the performance of duties hereunder or by reason of
its
reckless disregard of obligations and duties hereunder or (ii) any breach of
a
representation or warranty by the Originator regarding the Mortgage Loans.
The
Servicer or the Depositor may undertake any such action which it may deem
necessary or desirable in respect of this Agreement, and the rights and duties
of the parties hereto and the interests of the Certificateholders hereunder.
In
such event, the reasonable legal expenses and costs of such action and any
liability resulting therefrom shall be expenses, costs and liabilities of the
Trust and the Depositor or the Servicer shall be entitled to be reimbursed
therefor from the Collection Account as and to the extent provided in Section
3.11, any such right of reimbursement being prior to the rights of the
Certificateholders to receive any amount in the Collection Account. The
Servicer’s right to indemnity or reimbursement pursuant to this Section shall
survive any resignation or termination of the Servicer pursuant to Section
6.04
or 7.01 with respect to any losses, expenses, costs or liabilities arising
prior
to such resignation or termination (or arising from events that occurred prior
to such resignation or termination). This paragraph shall apply to the Servicer
solely in its capacity as Servicer hereunder and in no other
capacities.
SECTION
6.04
|
Servicer
Not to Resign.
|
The
Servicer shall not resign from the obligations and duties hereby imposed on
it
except (i) upon determination that its duties hereunder are no longer
permissible under applicable law or are in material conflict by reason of
applicable law with any other activities carried on by it or its subsidiaries
or
Affiliates, the other activities of the Servicer so causing such a conflict
being of a type and nature carried on by the Servicer or its subsidiaries or
Affiliates at the date of this Agreement or (ii) upon satisfaction of the
following conditions: (a) the Servicer has proposed a successor
servicer to the Trustee and the NIMS Insurer in writing and such proposed
successor servicer is reasonably acceptable to the Trustee and the NIMS Insurer
and (b) each Rating Agency shall have delivered a letter to the Trustee and
the
NIMS Insurer prior to the appointment of the successor servicer stating that
the
proposed appointment of such successor servicer as Servicer hereunder will
not
result in the reduction or withdrawal of the then current rating of the
Certificates; provided, however, that no such resignation by the Servicer shall
become effective until such successor servicer or, in the case of (i) above,
the
Trustee shall have assumed the Servicer’s responsibilities and obligations
hereunder or the Trustee shall have designated, with the consent of the NIMS
Insurer, a successor servicer in accordance with Section 7.02. Except as
expressly provided herein, the Servicer shall not assign or transfer any of
its
rights, benefits or privileges hereunder to any other Person, or delegate to
or
subcontract with, or authorize or appoint any other Person to perform any of
the
duties, covenants or obligations to be performed by the Servicer hereunder.
The
foregoing prohibition on assignment shall not prohibit the Servicer from
designating a Sub-Servicer as payee of any indemnification amount payable to
the
Servicer hereunder; provided, however, no Sub-Servicer shall be a third-party
beneficiary hereunder and the parties hereto shall not be required to recognize
any Subservicer as an indemnitee under this Agreement.
Notwithstanding
anything to the contrary which may be set forth above, the Trustee and the
Depositor hereby specifically (i) consent to the pledge and assignment by the
Servicer of all the Servicer’s right, title and interest in, to and under this
Agreement to the Servicing Rights Pledgee, for the benefit of certain lenders,
and (ii) provided that no Servicer Event of Termination exists, agree that
upon
delivery to the Trustee by the Servicing Rights Pledgee of a letter signed
by
the Servicer whereunder the Servicer shall resign as Servicer under this
Agreement, the Trustee shall appoint the Servicing Rights Pledgee or its
designee as successor Servicer, provided that at the time of such appointment,
the Servicing Rights Pledgee or such designee meets the requirements of a
successor Servicer pursuant to Section 7.02(a) and agrees to be subject to
the
terms of this Agreement. If, pursuant to any provision hereof, the
duties of the Servicer are transferred to a successor, the entire amount of
the
Servicing Fee and other compensation payable to the Servicer pursuant hereto
shall thereafter be payable to such successor.
SECTION
6.05
|
Delegation
of Duties.
|
In
the
ordinary course of business, the Servicer at any time may delegate any of its
duties hereunder to any Person, including any of its Affiliates, who agrees
to
conduct such duties in accordance with standards comparable to those set forth
in Section 3.01. Such delegation shall not relieve the Servicer of its
liabilities and responsibilities with respect to such duties and shall not
constitute a resignation within the meaning of Section 6.04. Except as provided
in Section 3.02, no such delegation is permitted that results in the delegee
subservicing any Mortgage Loans. The Servicer shall provide the Trustee and
the
NIMS Insurer with 60 days prior written notice prior to the delegation of any
of
its duties to any Person other than any of the Servicer’s Affiliates or their
respective successors and assigns.
SECTION
6.06
|
[Reserved].
|
SECTION
6.07
|
Inspection.
|
The
Servicer, in its capacity as Servicer, shall afford the Trustee and the NIMS
Insurer, upon reasonable notice, during normal business hours, access to all
records maintained by the Servicer in respect of its rights and obligations
hereunder and access to officers of the Servicer responsible for such
obligations.
ARTICLE
VII
DEFAULT
SECTION
7.01
|
Servicer
Events of Termination.
|
(a) If
any
one of the following events (“Servicer Events of Termination”) shall occur and
be continuing:
(i) (A)
The
failure by the Servicer to make any Advance; or (B) any other failure by the
Servicer to deposit in the Collection Account or the Distribution Account any
deposit required to be made under the terms of this Agreement which continues
unremedied for a period of one Business Day after the date upon which written
notice of such failure shall have been given to the Servicer by the Trustee
or
to the Servicer and the Trustee by the NIMS Insurer or any Holders of a Regular
Certificate evidencing at least 25% of the Voting Rights; or
(ii) The
failure by the Servicer to make any required Servicing Advance which failure
continues unremedied for a period of 30 days, or the failure by the Servicer
duly to observe or perform, in any material respect, any other covenants,
obligations or agreements of the Servicer as set forth in this Agreement, which
failure continues unremedied for a period of 30 days (or if such failure or
breach cannot be remedied within 30 days, then such remedy shall have been
commenced within 30 days and diligently pursued thereafter; provided, however,
that in no event shall such failure or breach be allowed to exist for a period
of greater than 90 days), after the date (A) on which written notice of such
failure, requiring the same to be remedied, shall have been given to the
Servicer by the Trustee or to the Trustee by the NIMS Insurer or any Holders
of
a Regular Certificate evidencing at least 25% of the Voting Rights or (B) of
actual knowledge of such failure by a Servicing Officer of the Servicer;
or
(iii) The
entry
against the Servicer of a decree or order by a court or agency or supervisory
authority having jurisdiction in the premises for the appointment of a trustee,
conservator, receiver or liquidator in any insolvency, conservatorship,
receivership, readjustment of debt, marshalling of assets and liabilities or
similar proceedings, or for the winding up or liquidation of its affairs, and
the continuance of any such decree or order unstayed and in effect for a period
of 60 days; or
(iv) The
Servicer shall voluntarily go into liquidation, consent to the appointment
of a
conservator or receiver or liquidator or similar person in any insolvency,
readjustment of debt, marshalling of assets and liabilities or similar
proceedings of or relating to the Servicer or of or relating to all or
substantially all of its property; or a decree or order of a court or agency
or
supervisory authority having jurisdiction in the premises for the appointment
of
a conservator, receiver, liquidator or similar person in any insolvency,
readjustment of debt, marshalling of assets and liabilities or similar
proceedings, or for the winding-up or liquidation of its affairs, shall have
been entered against the Servicer and such decree or order shall have remained
in force undischarged, unbonded or unstayed for a period of 60 days; or the
Servicer shall admit in writing its inability to pay its debts generally as
they
become due, file a petition to take advantage of any applicable insolvency
or
reorganization statute, make an assignment for the benefit of its creditors
or
voluntarily suspend payment of its obligations; or
(v) The
failure by the Servicer to duly perform, within the required time period, its
obligations under Section 3.20 or Section 3.21 of this Agreement;
or
(vi) A
Delinquency Servicer Termination Trigger has occurred and is
continuing;
(b) then,
and
in each and every such case, so long as a Servicer Event of Termination shall
not have been remedied within the applicable grace period, (x) with respect
solely to clause (i)(A) above, if such Advance is not made by 5:00 P.M., New
York time, on the Business Day immediately following the Servicer Remittance
Date (provided the Trustee shall give the Servicer notice of such failure to
advance by 5:00 P.M. New York time on the Servicer Remittance Date), the Trustee
shall, at the direction of the NIMS Insurer, terminate all of the rights and
obligations of the Servicer under this Agreement, to the extent permitted by
law, and in and to the Mortgage Loans and the proceeds thereof and the Trustee,
or a successor servicer appointed in accordance with Section 7.02, shall
immediately make such Advance and assume, pursuant to Section 7.02, the duties
of a successor Servicer and (y) in the case of (i)(B), (ii), (iii), (iv), (v)
or
(vi) above, the Trustee shall, at the direction of the Depositor, the NIMS
Insurer or the Holders of each Class of Regular Certificates evidencing
Percentage Interests aggregating not less than 51%, by notice then given in
writing to the Servicer (and to the Trustee if given by the NIMS Insurer or
the
Holders of Certificates), terminate all of the rights and obligations of the
Servicer as servicer under this Agreement. Any such notice to the Servicer
shall
also be given to each Rating Agency, the Depositor and the Servicer. On or
after
the receipt by the Servicer (and by the Trustee if such notice is given by
the
Holders) of such written notice, all authority and power of the Servicer under
this Agreement, whether with respect to the Certificates or the Mortgage Loans
or otherwise, shall pass to and be vested in the Trustee pursuant to and under
this Section; and, without limitation, and the Trustee is hereby authorized
and
empowered to execute and deliver, on behalf of the Servicer, as attorney-in-fact
or otherwise, any and all documents and other instruments, and to do or
accomplish all other acts or things necessary or appropriate to effect the
purposes of such notice of termination, whether to complete the transfer and
endorsement of each Mortgage Loan and related documents or otherwise. The
Servicer agrees to cooperate with the Trustee (or the applicable successor
Servicer) in effecting the termination of the responsibilities and rights of
the
Servicer hereunder, including, without limitation, the delivery to the Trustee
of all documents and records requested by it to enable it to assume the
Servicer’s functions under this Agreement within ten Business Days subsequent to
such notice, the transfer within one Business Day subsequent to such notice
to
the Trustee (or the applicable successor Servicer) for the administration by
it
of all cash amounts that shall at the time be held by the Servicer and to be
deposited by it in the Collection Account, the Distribution Account, any REO
Account or any Servicing Account or that have been deposited by the Servicer
in
such accounts or thereafter received by the Servicer with respect to the
Mortgage Loans or any REO Property received by the Servicer. All reasonable
costs and expenses (including attorneys’ fees) incurred in connection with
transferring the Mortgage Files to the successor Servicer and amending this
Agreement to reflect such succession as Servicer pursuant to this Section shall
be paid by the predecessor Servicer (or if the predecessor Servicer is the
Trustee, the initial Servicer) upon presentation of reasonable documentation
of
such costs and expenses and to the extent not paid by the Servicer, by the
Trust.
SECTION
7.02
|
Trustee
to Act; Appointment of Successor.
|
(a) From
the
time the Servicer (and the Trustee, if notice is sent by the Holders) receives
a
notice of termination pursuant to Section 7.01 or 6.04, the Trustee (or such
other successor Servicer as is approved in accordance with this Agreement)
shall
be the successor in all respects to the Servicer in its capacity as servicer
under this Agreement and the transactions set forth or provided for herein
and
shall be subject to all the responsibilities, duties and liabilities relating
thereto placed on the Servicer by the terms and provisions hereof arising on
and
after its succession. Notwithstanding the foregoing, the parties hereto agree
that the Trustee, in its capacity as successor Servicer, immediately will assume
all of the obligations of the Servicer to make advances. Notwithstanding the
foregoing, the Trustee, in its capacity as successor Servicer, shall not be
responsible for the lack of information and/or documents that it cannot obtain
through reasonable efforts. It is understood and agreed by the parties hereto
that there will be a period of transition (not to exceed 90 days) before the
transition of servicing obligations is fully effective. As
compensation therefor, the Trustee (or such other successor Servicer) shall
be
entitled to such compensation as the Servicer would have been entitled to
hereunder if no such notice of termination had been given. Notwithstanding
the
above, (i) if the Trustee is unwilling to act as successor Servicer or (ii)
if
the Trustee is legally unable so to act, the Trustee shall appoint or petition
a
court of competent jurisdiction to appoint, any established housing and home
finance institution, bank or other mortgage loan or home equity loan servicer
having a net worth of not less than $50,000,000 as the successor to the Servicer
hereunder in the assumption of all or any part of the responsibilities, duties
or liabilities of the Servicer hereunder; provided, that the appointment of
any
such successor Servicer shall be approved by the NIMS Insurer (such approval
not
to be unreasonably withheld), as evidenced by the prior written consent of
the
NIMS Insurer, and will not result in the qualification, reduction or withdrawal
of the ratings assigned to the Certificates by the Rating Agencies as evidenced
by a letter to such effect from the Rating Agencies. Pending appointment of
a
successor to the Servicer hereunder, the Trustee shall act in such capacity
as
hereinabove provided. In connection with such appointment and assumption, the
successor shall be entitled to receive compensation out of payments on Mortgage
Loans in an amount equal to the compensation which the Servicer would otherwise
have received pursuant to Section 3.18 (or such other compensation as the
Trustee and such successor shall agree, not to exceed the Servicing Fee). The
appointment of a successor Servicer shall not affect any liability of the
predecessor Servicer which may have arisen under this Agreement prior to its
termination as Servicer to pay any deductible under an insurance policy pursuant
to Section 3.14, to reimburse the Trustee pursuant to Section 3.06 or to
indemnify the Trustee or the NIMS Insurer pursuant to Section 8.05(c)), nor
shall any successor Servicer be liable for any acts or omissions of the
predecessor Servicer or for any breach by such Servicer of any of its
representations or warranties contained herein or in any related document or
agreement. The Trustee and such successor shall take such action, consistent
with this Agreement, as shall be necessary to effectuate any such succession.
All Servicing Transfer Costs shall be paid by the predecessor Servicer upon
presentation of reasonable documentation of such costs, and if such predecessor
Servicer defaults in its obligation to pay such costs, such costs shall be
paid
by the successor Servicer or the Trustee (in which case the successor Servicer
or the Trustee, as applicable, shall be entitled to reimbursement therefor
from
the assets of the Trust).
(b) In
the
event of a Servicer Event of Termination, notwithstanding anything to the
contrary above, the Trustee and the Depositor hereby agree that upon delivery
to
the Trustee by the Servicing Rights Pledgee of a letter signed by the Servicer
within ten Business Days of when notification of such event shall have been
provided to the Trustee, whereunder the Servicer shall resign as Servicer under
this Agreement, the Servicing Rights Pledgee or its designee shall be appointed
as successor Servicer (provided that at the time of such appointment the
Servicing Rights Pledgee or such designee meets the requirements of a successor
Servicer set forth above) and the Servicing Rights Pledgee agrees to be subject
to the terms of this Agreement.
(c) Any
successor to the Servicer, including the Trustee, shall during the term of
its
service as servicer continue to service and administer the Mortgage Loans for
the benefit of Certificateholders, and maintain in force a policy or policies
of
insurance covering errors and omissions in the performance of its obligations
as
Servicer hereunder and a fidelity bond in respect of its officers, employees
and
agents to the same extent as the Servicer is so required pursuant to Section
3.14.
SECTION
7.03
|
Waiver
of Defaults.
|
The
Majority Certificateholders may, on behalf of all Certificateholders and with
the consent of the NIMS Insurer, waive any events permitting removal of the
Servicer as servicer pursuant to this Article VII, provided, however, that
the
Majority Certificateholders may not waive a default in making a required
distribution on a Certificate without the consent of the Holder of such
Certificate and the consent of the NIMS Insurer. Upon any waiver of a past
default, such default shall cease to exist and any Servicer Event of Termination
arising therefrom shall be deemed to have been remedied for every purpose of
this Agreement. No such waiver shall extend to any subsequent or other default
or impair any right consequent thereto except to the extent expressly so waived.
Notice of any such waiver shall be given by the Trustee to the Rating Agencies
and the NIMS Insurer.
SECTION
7.04
|
Notification
to Certificateholders.
|
(a) Upon
any
termination or appointment of a successor to the Servicer pursuant to this
Article VII or Section 6.04, the Trustee shall give prompt written notice
thereof to the Certificateholders at their respective addresses appearing in
the
Certificate Register, the NIMS Insurer and each Rating Agency.
(b) No
later
than 60 days after the occurrence of any event which constitutes or which,
with
notice or a lapse of time or both, would constitute a Servicer Event of
Termination for five Business Days after a Responsible Officer of the Trustee
becomes aware of the occurrence of such an event, the Trustee shall transmit
by
mail to all Certificateholders and to the NIMS Insurer notice of such occurrence
unless such default or Servicer Event of Termination shall have been waived
or
cured.
SECTION
7.05
|
Survivability
of Servicer Liabilities.
|
Notwithstanding
anything herein to the contrary, upon termination of the Servicer hereunder,
any
liabilities of the Servicer which accrued prior to such termination shall
survive such termination.
ARTICLE
VIII
THE
TRUSTEE
SECTION
8.01
|
Duties
of Trustee.
|
The
Trustee, prior to the occurrence of a Servicer Event of Termination and after
the curing of all Servicer Events of Termination which may have occurred,
undertakes to perform such duties and only such duties as are specifically
set
forth in this Agreement. If a Servicer Event of Termination has occurred (which
has not been cured) of which a Responsible Officer has knowledge, the Trustee
shall exercise such of the rights and powers vested in it by this Agreement,
and
use the same degree of care and skill in their exercise, as a prudent man would
exercise or use under the circumstances in the conduct of his own
affairs.
The
Trustee, upon receipt of all resolutions, certificates, statements, opinions,
reports, documents, orders or other instruments furnished to the Trustee which
are specifically required to be furnished pursuant to any provision of this
Agreement, shall examine them to determine whether they conform to the
requirements of this Agreement; provided, however, that the Trustee will not
be
responsible for the accuracy or content of any such resolutions, certificates,
statements, opinions, reports, documents or other instruments. If any such
instrument is found not to conform to the requirements of this Agreement in
a
material manner the Trustee shall take such action as it deems appropriate
to
have the instrument corrected, and if the instrument is not corrected to the
Trustee’s satisfaction, the Trustee will provide notice thereof to the
Certificateholders and the NIMS Insurer.
No
provision of this Agreement shall be construed to relieve the Trustee from
liability for its own negligent action, its own negligent failure to act or
its
own misconduct; provided, however, that:
(i) prior
to
the occurrence of a Servicer Event of Termination, and after the curing of
all
such Servicer Events of Termination which may have occurred, the duties and
obligations of the Trustee shall be determined solely by the express provisions
of this Agreement, the Trustee shall not be liable except for the performance
of
such duties and obligations as are specifically set forth in this Agreement,
no
implied covenants or obligations shall be read into this Agreement against
the
Trustee and, in the absence of bad faith on the part of the Trustee, the Trustee
may conclusively rely, as to the truth of the statements and the correctness
of
the opinions expressed therein, upon any certificates or opinions furnished
to
the Trustee and conforming to the requirements of this Agreement;
(ii) the
Trustee shall not be personally liable for an error of judgment made in good
faith by a Responsible Officer of the Trustee, unless it shall be proved that
the Trustee was negligent in ascertaining the pertinent facts;
(iii) the
Trustee shall not be personally liable with respect to any action taken,
suffered or omitted to be taken by it in good faith in accordance with the
direction of the NIMS Insurer or the Majority Certificateholders relating to
the
time, method and place of conducting any proceeding for any remedy available
to
the Trustee, or exercising or omitting to exercise any trust or power conferred
upon the Trustee, under this Agreement; and
(iv) the
Trustee shall not be charged with knowledge of any failure by the Servicer
to
comply with the obligations of the Servicer referred to in clauses (i) and
(ii)
of Section 7.01(a) or of the existence of any Servicer Event of Termination
unless a Responsible Officer of the Trustee at the Corporate Trust Office
obtains actual knowledge of such failure or the Trustee receives written notice
of such failure from the Depositor, the Servicer, the NIMS Insurer or the
Majority Certificateholders.
The
Trustee shall not be required to expend or risk its own funds or otherwise
incur
financial liability in the performance of any of its duties hereunder, or in
the
exercise of any of its rights or powers, if there is reasonable ground for
believing that the repayment of such funds or adequate indemnity against such
risk or liability is not reasonably assured to it, and none of the provisions
contained in this Agreement shall in any event require the Trustee to perform,
or be responsible for the manner of performance of, any of the obligations
of
the Servicer under this Agreement, except during such time, if any, as the
Trustee shall be the successor to, and be vested with the rights, duties, powers
and privileges of, the Servicer in accordance with the terms of this
Agreement.
SECTION
8.02
|
Certain
Matters Affecting the Trustee.
|
(a) Except
as
otherwise provided in Section 8.01:
(i) the
Trustee may request and rely upon, and shall be protected in acting or
refraining from acting upon, any resolution, Officers’ Certificate, certificate
of auditors or any other certificate, statement, instrument, opinion, report,
notice, request, consent, order, appraisal, bond or other paper or document
reasonably believed by it to be genuine and to have been signed or presented
by
the proper party or parties, and the manner of obtaining consents and of
evidencing the authorization of the execution thereof by Certificateholders
shall be subject to such reasonable regulations as the Trustee may
prescribe;
(ii) the
Trustee may consult with counsel and any Opinion of Counsel shall be full and
complete authorization and protection in respect of any action taken or suffered
or omitted by it hereunder in good faith and in accordance with such Opinion
of
Counsel;
(iii) the
Trustee shall be under no obligation to exercise any of the rights or powers
vested in it by this Agreement, or to institute, conduct or defend any
litigation hereunder or in relation hereto, at the request, order or direction
of any of the Certificateholders or the NIMS Insurer, pursuant to the provisions
of this Agreement, unless such Certificateholders or the NIMS Insurer, as
applicable, shall have offered to the Trustee reasonable security or indemnity
against the costs, expenses and liabilities which may be incurred therein or
thereby; the right of the Trustee to perform any discretionary act enumerated
in
this Agreement shall not be construed as a duty, and the Trustee shall not
be
answerable for other than its negligence or willful misconduct in the
performance of any such act;
(iv) the
Trustee shall not be personally liable for any action taken, suffered or omitted
by it in good faith and believed by it to be authorized or within the discretion
or rights or powers conferred upon it by this Agreement;
(v) prior
to
the occurrence of a Servicer Event of Termination and after the curing of all
Servicer Events of Termination which may have occurred, the Trustee shall not
be
bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice,
request, consent, order, approval, bond or other paper or documents, unless
requested in writing to do so by the NIMS Insurer or the Majority
Certificateholder; provided, however, that if the payment within a reasonable
time to the Trustee of the costs, expenses or liabilities likely to be incurred
by it in the making of such investigation is, in the opinion of the Trustee,
not
reasonably assured to the Trustee by the security afforded to it by the terms
of
this Agreement, the Trustee may require reasonable indemnity against such cost,
expense or liability as a condition to such proceeding. The reasonable expense
of every such examination shall be paid by the Servicer or the NIMS Insurer
(if
requested by the NIMS Insurer) or, if paid by the Trustee, shall be reimbursed
by the Servicer or the NIMS Insurer (if requested by the NIMS Insurer) upon
demand and, if not reimbursed by the Servicer or the NIMS Insurer (if requested
by the NIMS Insurer), shall be reimbursed by the Trust. Nothing in this clause
(v) shall derogate from the obligation of the Servicer to observe any applicable
law prohibiting disclosure of information regarding the Mortgagors;
(vi) the
Trustee shall not be accountable, shall have no liability and makes no
representation as to any acts or omissions hereunder of the Servicer until
such
time as the Trustee may be required to act as Servicer pursuant to Section
7.02
and thereupon only for the acts or omissions of the Trustee as successor
Servicer;
(vii) the
Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys, custodians
or
nominees;
(viii) the
right
of the Trustee to perform any discretionary act enumerated in this Agreement
shall not be construed as a duty, and the Trustee shall not be answerable for
other than its negligence or willful misconduct in the performance of such
act;
(ix) the
Trustee shall not be personally liable for any loss resulting from the
investment of funds held in the Collection Account or the REO Account made
at
the direction of the Servicer pursuant to Section 3.12; and
(x) the
Trustee or its Affiliates are permitted to receive compensation that could
be
deemed to be in the Trustee’s economic self-interest for (i) serving as
investment adviser, administrator, shareholder, servicing agent, custodian
or
sub-custodian with respect to certain of the Permitted Investments, (ii) using
Affiliates to effect transactions in certain Permitted Investments and (iii)
effecting transactions in certain Permitted Investments. Such
compensation shall not be considered an amount that is reimbursable or payable
pursuant to Section 3.11.
In
order
to comply with its duties under the U.S. Patriot Act, the Trustee shall obtain
and verify certain information and documentation from the other parties hereto,
including, but not limited to, such parties’ name, address and other identifying
information.
SECTION
8.03
|
Trustee
Not Liable for Certificates or Mortgage
Loans.
|
The
recitals contained herein and in the Certificates (other than the authentication
of the Trustee on the Certificates) shall be taken as the statements of the
Depositor, and the Trustee assumes no responsibility for the correctness of
the
same. The Trustee makes no representations as to the validity or sufficiency
of
this Agreement or of the Certificates (other than the signature and
authentication of the Trustee on the Certificates) or of any Mortgage Loan
or
related document other than with respect to the Trustee’s execution and
authentication of the Certificates. The Trustee shall not be accountable for
the
use or application by the Servicer, or for the use or application of any funds
paid to the Servicer in respect of the Mortgage Loans or deposited in or
withdrawn from the Collection Account by the Servicer. The Trustee shall at
no
time have any responsibility or liability for or with respect to the legality,
validity and enforceability of any Mortgage or any Mortgage Loan, or the
perfection and priority of any Mortgage or the maintenance of any such
perfection and priority, or for or with respect to the sufficiency of the Trust
or its ability to generate the payments to be distributed to Certificateholders
under this Agreement, including, without limitation: the existence, condition
and ownership of any Mortgaged Property; the existence and enforceability of
any
hazard insurance thereon (other than if the Trustee shall assume the duties
of
the Servicer pursuant to Section 7.02); the validity of the assignment of any
Mortgage Loan to the Trustee or of any intervening assignment; the completeness
of any Mortgage Loan; the performance or enforcement of any Mortgage Loan (other
than if the Trustee shall assume the duties of the Servicer pursuant to Section
7.02); the compliance by the Depositor, the Originator or the Servicer with
any
warranty or representation made under this Agreement or in any related document
or the accuracy of any such warranty or representation prior to the Trustee’s
receipt of notice or other discovery of any non-compliance therewith or any
breach thereof; any investment of monies by or at the direction of the Servicer
or any loss resulting therefrom, it being understood that the Trustee shall
remain responsible for any Trust property that it may hold in its individual
capacity; the acts or omissions of any of the Servicer (other than if the
Trustee shall assume the duties of the Servicer pursuant to Section 7.02),
any
Sub-Servicer or any Mortgagor; any action of the Servicer (other than if the
Trustee shall assume the duties of the Servicer pursuant to Section 7.02),
or
any Sub- Servicer taken in the name of the Trustee; the failure of the Servicer
or any Sub-Servicer to act or perform any duties required of it as agent of
the
Trustee hereunder; or any action by the Trustee taken at the instruction of
the
Servicer (other than if the Trustee shall assume the duties of the Servicer
pursuant to Section 7.02); provided, however, that the foregoing shall not
relieve the Trustee of its obligation to perform its duties under this
Agreement, including, without limitation, the Trustee’s duty to review the
Mortgage Files pursuant to Section 2.01. The Trustee shall have no
responsibility for filing any financing or continuation statement in any public
office at any time or to otherwise perfect or maintain the perfection of any
security interest or lien granted to it hereunder (unless the Trustee shall
have
become the successor Servicer).
SECTION
8.04
|
Trustee
May Own Certificates.
|
The
Trustee in its individual or any other capacity may become the owner or pledgee
of Certificates with the same rights as it would have if it were not Trustee
and
may transact any banking and trust business with the Originator, the Servicer,
the Depositor or their Affiliates.
SECTION
8.05
|
Trustee
Compensation, Custodial Fee and
Expenses.
|
(a) On
each
Distribution Date, prior to making any distributions to Certificateholders,
the
Trustee shall withdraw from the Distribution Account and pay to itself the
Trustee Compensation payable on such Distribution Date consisting of all income
earned on amounts on deposit in the Distribution Account. The Trustee shall
be
provided a copy of the separate fee schedule between the Depositor and the
Custodian. The Trustee shall withdraw from the Distribution Account
on each Distribution Date and pay to the Custodian, the Custodial Fee prior
to
making any distributions to Certificateholders.
(b) The
Trustee, or any director, officer, employee or agent of the Trustee, shall
be
indemnified by the Trust Fund and held harmless against any loss, liability
or
expense (not including expenses and disbursements incurred or made by the
Trustee, including the compensation and the expenses and disbursements of its
agents and counsel, in the ordinary course of the Trustee’s performance in
accordance with the provisions of this Agreement) incurred by the Trustee
arising out of or in connection with the acceptance or administration of its
obligations and duties under this Agreement, other than any loss, liability
or
expense (i) resulting from a breach of the Servicer’s obligations and duties
under this Agreement for which the Trustee is indemnified under Section 8.05(b)
or (ii) any loss, liability or expense incurred by reason of willful
misfeasance, bad faith or negligence of the Trustee in the performance of its
duties hereunder or by reason of the Trustee’s reckless disregard of obligations
and duties hereunder or as a result of a breach of the Trustee’s obligations
under Article X hereof. Any amounts payable to the Trustee, or any director,
officer, employee or agent of the Trustee, in respect of the indemnification
provided by this Section 8.05, or pursuant to any other right of reimbursement
from the Trust Fund that the Trustee, or any director, officer, employee or
agent of the Trustee, may have hereunder in its capacity as such, may be
withdrawn by the Trustee from the Distribution Account at any
time. The foregoing indemnity shall survive the resignation or
removal of the Trustee.
(c) The
Servicer agrees to indemnify the Trustee, the NIMS Insurer, the Custodian or
any
director, officer, employee or agent of the Trustee, the NIMS Insurer or
Custodian from, and hold it harmless against, any loss, liability or expense
resulting from a breach of the Servicer’s obligations and duties under this
Agreement. Such indemnity shall survive the termination or discharge of this
Agreement and the resignation or removal of the Trustee and the Servicer for
actions prior to such resignation or removal. Any payment hereunder made by
the
Servicer to the Trustee shall be from the Servicer’s own funds, without
reimbursement from the Trust Fund therefor.
SECTION
8.06
|
Eligibility
Requirements for Trustee.
|
The
Trustee hereunder shall at all times be an entity duly organized and validly
existing under the laws of the United States of America or any state thereof,
authorized under such laws to exercise corporate trust powers, having a combined
capital and surplus of at least $50,000,000 and subject to supervision or
examination by federal or state authority. If such entity publishes reports
of
condition at least annually, pursuant to law or to the requirements of the
aforesaid supervising or examining authority, then for the purposes of this
Section 8.06, the combined capital and surplus of such entity shall be deemed
to
be its combined capital and surplus as set forth in its most recent report
of
condition so published. The principal office of the Trustee (other than the
initial Trustee) shall be in a state with respect to which an Opinion of Counsel
has been delivered to such Trustee and the NIMS Insurer at the time such Trustee
is appointed Trustee to the effect that the Trust will not be a taxable entity
under the laws of such state. In case at any time the Trustee shall cease to
be
eligible in accordance with the provisions of this Section 8.06, the Trustee
shall resign immediately in the manner and with the effect specified in Section
8.07.
SECTION
8.07
|
Resignation
or Removal of Trustee.
|
The
Trustee may at any time resign and be discharged from the trusts hereby created
by giving written notice thereof to the NIMS Insurer, the Depositor, the
Servicer, the Swap Provider and each Rating Agency. Upon receiving such notice
of resignation, the Depositor shall promptly appoint a successor Trustee
acceptable to the NIMS Insurer by written instrument, in duplicate, one copy
of
which instrument shall be delivered to the resigning Trustee and one copy to
the
successor Trustee. If no successor Trustee shall have been so appointed and
having accepted appointment within 30 days after the giving of such notice
of
resignation, the resigning Trustee may petition any court of competent
jurisdiction for the appointment of a successor Trustee.
If
at any
time the Trustee shall cease to be eligible in accordance with the provisions
of
Section 8.06 and shall fail to resign after written request therefor by the
Depositor or the NIMS Insurer or if at any time the Trustee shall be legally
unable to act, or shall be adjudged a bankrupt or insolvent, or a receiver
of
the Trustee or of its property shall be appointed, or any public officer shall
take charge or control of the Trustee or of its property or affairs for the
purpose of rehabilitation, conservation or liquidation, then the Depositor,
the
Servicer or the NIMS Insurer may remove the Trustee. If the Depositor, the
Servicer or the NIMS Insurer removes the Trustee under the authority of the
immediately preceding sentence, the Depositor, with the consent of the NIMS
Insurer, shall promptly appoint a successor Trustee by written instrument,
in
duplicate, one copy of which instrument shall be delivered to the Trustee so
removed and one copy to the successor trustee.
The
Majority Certificateholders (or the NIMS Insurer upon the failure of the Trustee
to perform its obligations hereunder) may at any time remove the Trustee by
written instrument or instruments delivered to the Servicer, the Depositor,
the
Swap Provider and the Trustee; the Depositor shall thereupon use its best
efforts to appoint a successor trustee acceptable to the NIMS Insurer in
accordance with this Section.
Any
resignation or removal of the Trustee and appointment of a successor Trustee
pursuant to any of the provisions of this Section 8.07 shall not become
effective until acceptance of appointment by the successor Trustee as provided
in Section 8.08.
SECTION
8.08
|
Successor
Trustee.
|
Any
successor Trustee appointed as provided in Section 8.07 shall execute,
acknowledge and deliver to the NIMS Insurer, the Depositor, the Servicer, the
Swap Provider and to its predecessor Trustee an instrument accepting such
appointment hereunder, and thereupon the resignation or removal of the
predecessor Trustee shall become effective, and such successor Trustee, without
any further act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor hereunder, with like
effect as if originally named as Trustee. The Depositor, the Servicer and the
predecessor Trustee shall execute and deliver such instruments and do such
other
things as may reasonably be required for fully and certainly vesting and
confirming in the successor Trustee all such rights, powers, duties and
obligations.
No
successor Trustee shall accept appointment as provided in this Section 8.08
unless at the time of such acceptance such successor Trustee shall be eligible
under the provisions of Section 8.06 and the appointment of such successor
Trustee shall not result in a downgrading of the Regular Certificates by either
Rating Agency, as evidenced by a letter from each Rating Agency.
Upon
acceptance of appointment by a successor Trustee as provided in this Section
8.08, the successor Trustee shall mail notice of the appointment of a successor
Trustee hereunder to all Holders of Certificates at their addresses as shown
in
the Certificate Register and to each Rating Agency.
Any
Person appointed as successor trustee pursuant to this Agreement shall also
be
required to serve as successor supplemental interest trust trustee under the
Interest Rate Swap Agreement and as successor cap trustee under the Interest
Rate Cap Agreement.
SECTION
8.09
|
Merger
or Consolidation of Trustee.
|
Any
entity into which the Trustee may be merged or converted or with which it may
be
consolidated, or any entity resulting from any merger, conversion or
consolidation to which the Trustee shall be a party, or any entity succeeding
to
the business of the Trustee, shall be the successor of the Trustee hereunder,
provided such entity shall be eligible under the provisions of Section 8.06
and
8.08, without the execution or filing of any paper or any further act on the
part of any of the parties hereto, anything herein to the contrary
notwithstanding.
SECTION
8.10
|
Appointment
of Co-Trustee or Separate Trustee.
|
Notwithstanding
any other provisions of this Agreement, at any time, for the purpose of meeting
any legal requirements of any jurisdiction in which any part of the Trust or
any
Mortgaged Property may at the time be located, the Depositor and the Trustee
acting jointly shall have the power and shall execute and deliver all
instruments to appoint one or more Persons approved by the Trustee and the
NIMS
Insurer to act as co-trustee or co-trustees, jointly with the Trustee, or
separate trustee or separate trustees, of all or any part of the Trust, and
to
vest in such Person or Persons, in such capacity and for the benefit of the
Certificateholders, such title to the Trust, or any part thereof, and, subject
to the other provisions of this Section 8.10, such powers, duties, obligations,
rights and trusts as the Servicer and the Trustee may consider necessary or
desirable. Any such co-trustee or separate trustee shall be subject to the
written approval of the Servicer and the NIMS Insurer. If the Servicer and
the
NIMS Insurer shall not have joined in such appointment within 15 days after
the
receipt by it of a request so to do, or in the case a Servicer Event of
Termination shall have occurred and be continuing, the Trustee alone shall
have
the power to make such appointment. No co-trustee or separate trustee hereunder
shall be required to meet the terms of eligibility as a successor trustee under
Section 8.06, and no notice to Certificateholders of the appointment of any
co-trustee or separate trustee shall be required under Section 8.08. The
Servicer shall be responsible for the fees of any co-trustee or separate trustee
appointed hereunder.
Every
separate trustee and co-trustee shall, to the extent permitted by law, be
appointed and act subject to the following provisions and
conditions:
(i) all
rights, powers, duties and obligations conferred or imposed upon the Trustee
shall be conferred or imposed upon and exercised or performed by the Trustee
and
such separate trustee or co-trustee jointly (it being understood that such
separate trustee or co-trustee is not authorized to act separately without
the
Trustee joining in such act), except to the extent that under any law of any
jurisdiction in which any particular act or acts are to be performed (whether
as
Trustee hereunder or as successor to the Servicer hereunder), the Trustee shall
be incompetent or unqualified to perform such act or acts, in which event such
rights, powers, duties and obligations (including the holding of title to the
Trust or any portion thereof in any such jurisdiction) shall be exercised and
performed singly by such separate trustee or co-trustee, but solely at the
direction of the Trustee;
(ii) no
trustee hereunder shall be held personally liable by reason of any act or
omission of any other trustee hereunder; and
(iii) the
Servicer and the Trustee, acting jointly and with the consent of the NIMS
Insurer, may at any time accept the resignation of or remove any separate
trustee or co-trustee except that following the occurrence of a Servicer Event
of Termination, the Trustee acting alone may accept the resignation or remove
any separate trustee or co-trustee.
Any
notice, request or other writing given to the Trustee shall be deemed to have
been given to each of the then separate trustees and co-trustees, as effectively
as if given to each of them. Every instrument appointing any separate trustee
or
co-trustee shall refer to this Agreement and the conditions of this Article
VIII. Each separate trustee and co-trustee, upon its acceptance of the trusts
conferred, shall be vested with the estates or property specified in its
instrument of appointment, either jointly with the Trustee or separately, as
may
be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee and a copy thereof given to
the
Depositor, the Servicer and the NIMS Insurer.
Any
separate trustee or co-trustee may, at any time, constitute the Trustee, its
agent or attorney-in-fact, with full power and authority, to the extent not
prohibited by law, to do any lawful act under or in respect of this Agreement
on
its behalf and in its name. If any separate trustee or co-trustee shall die,
become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the
Trustee, to the extent permitted by law, without the appointment of a new or
successor Trustee.
SECTION
8.11
|
Limitation
of Liability.
|
The
Certificates are executed by the Trustee, not in its individual capacity but
solely as Trustee of the Trust, in the exercise of the powers and authority
conferred and vested in it by this Agreement. Each of the undertakings and
agreements made on the part of the Trustee in the Certificates is made and
intended not as a personal undertaking or agreement by the Trustee but is made
and intended for the purpose of binding only the Trust.
SECTION
8.12
|
Trustee
May Enforce Claims Without Possession of
Certificates.
|
(a) All
rights of action and claims under this Agreement or the Certificates may be
prosecuted and enforced by the Trustee without the possession of any of the
Certificates or the production thereof in any proceeding relating thereto,
and
such proceeding instituted by the Trustee shall be brought in its own name
or in
its capacity as Trustee for the benefit of all Holders of such Certificates,
subject to the provisions of this Agreement. Any recovery of judgment shall,
after provision for the payment of the reasonable compensation, expenses,
disbursement and advances of the Trustee, its agents and counsel, be for the
ratable benefit of the Certificateholders in respect of which such judgment
has
been recovered.
(b) The
Trustee shall afford the Originator, the Depositor, the Servicer, the NIMS
Insurer and each Certificateholder upon reasonable prior notice during normal
business hours, access to all records maintained by the Trustee in respect
of
its duties hereunder and access to officers of the Trustee responsible for
performing such duties. Upon request, the Trustee shall furnish the Depositor,
the Servicer, the NIMS Insurer and any requesting Certificateholder with its
most recent financial statements. The Trustee shall cooperate fully with the
Originator, the Servicer, the NIM Insurer, the Depositor and such
Certificateholder and shall make available to the Originator, the Servicer,
the
Depositor, the NIMS Insurer and such Certificateholder for review and copying
such books, documents or records as may be requested with respect to the
Trustee’s duties hereunder. The Originator, the Depositor, the Servicer and the
Certificateholders shall not have any responsibility or liability for any action
or failure to act by the Trustee and are not obligated to supervise the
performance of the Trustee under this Agreement or otherwise.
SECTION
8.13
|
Suits
for Enforcement.
|
In
case a
Servicer Event of Termination or other default by the Servicer or the Depositor
hereunder shall occur and be continuing, the Trustee, shall, at the direction
of
the Majority Certificateholders or the NIMS Insurer, or may, proceed to protect
and enforce its rights and the rights of the Certificateholders or the NIMS
Insurer under this Agreement by a suit, action or proceeding in equity or at
law
or otherwise, whether for the specific performance of any covenant or agreement
contained in this Agreement or in aid of the execution of any power granted
in
this Agreement or for the enforcement of any other legal, equitable or other
remedy, as the Trustee, being advised by counsel, and subject to the foregoing,
shall deem most effectual to protect and enforce any of the rights of the
Trustee, the NIMS Insurer and the Certificateholders.
SECTION
8.14
|
Waiver
of Bond Requirement.
|
The
Trustee shall be relieved of, and each Certificateholder hereby waives, any
requirement of any jurisdiction in which the Trust, or any part thereof, may
be
located that the Trustee post a bond or other surety with any court, agency
or
body whatsoever.
SECTION
8.15
|
Waiver
of Inventory, Accounting and Appraisal
Requirement.
|
The
Trustee shall be relieved of, and each Certificateholder hereby waives, any
requirement of any jurisdiction in which the Trust, or any part thereof, may
be
located that the Trustee file any inventory, accounting or appraisal of the
Trust with any court, agency or body at any time or in any manner
whatsoever.
ARTICLE
IX
REMIC
ADMINISTRATION
SECTION
9.01
|
REMIC
Administration.
|
(a) REMIC
elections as set forth in the Preliminary Statement shall be made by the Trustee
on Form 1066 or other appropriate federal tax or information return for the
taxable year ending on the last day of the calendar year in which the
Certificates are issued. The regular interests and residual interest in each
REMIC shall be as designated in the Preliminary Statement.
(b) The
Closing Date is hereby designated as the “Startup Day” of each REMIC within the
meaning of section 860G(a)(9) of the Code.
(c) The
Trustee shall pay any and all expenses relating to any tax audit of any REMIC
(including, but not limited to, any professional fees or any administrative
or
judicial proceedings with respect to any Trust REMIC that involve the Internal
Revenue Service or state tax authorities), including the expense of obtaining
any tax related Opinion of Counsel. The Trustee shall be entitled to
reimbursement of expenses incurred pursuant to this Section 9.01(c) to the
extent provided in Section 8.05.
(d) The
Trustee shall prepare, sign and file, all of the REMICs’ federal and state tax
and information returns (including Form 8811) as the direct representative
each
REMIC created hereunder. The expenses of preparing and filing such returns
shall
be borne by the Trustee.
(e) The
Holder of the Class R Certificate at any time holding the largest Percentage
Interest thereof shall be the “tax matters person” as defined in the REMIC
Provisions (the related “Tax Matters Person”) with respect to REMIC 1, REMIC 2
and REMIC 3 and shall act as Tax Matters Person for each such
REMIC. The Holder of the Class R-X Certificate at any time holding
the largest Percentage Interest thereof shall be the Tax Matters Person with
respect to REMIC 4, REMIC 5 and REMIC 6 and shall act as Tax Matters Person
for
each such REMIC. The Trustee, as agent for the Tax Matters Person,
shall perform on behalf of each REMIC all reporting and other tax compliance
duties that are the responsibility of such REMIC under the Code, the REMIC
Provisions, or other compliance guidance issued by the Internal Revenue Service
or any state or local taxing authority. Among its other duties, if required
by
the Code, the REMIC Provisions, or other such guidance, the Trustee, as agent
for the Tax Matters Person, shall provide (i) to the Treasury or other
governmental authority such information as is necessary for the application
of
any tax relating to the transfer of a Residual Certificate to any disqualified
person or organization and (ii) to the Certificateholders such information
or
reports as are required by the Code or REMIC Provisions. The Trustee,
as agent for the Tax Matters Person, shall represent each REMIC in any
administrative or judicial proceedings relating to an examination or audit
by
any governmental taxing authority, request an administrative adjustment as
to
any taxable year of any REMIC, enter into settlement agreements with any
government taxing agency, extend any statute of limitations relating to any
item
of any REMIC and otherwise act on behalf of any REMIC in relation to any tax
matter involving the Trust.
(f) The
Trustee, the Servicer and the Holders of Certificates shall take any action
or
cause the REMIC to take any action necessary to create or maintain the status
of
each REMIC as a REMIC under the REMIC Provisions and shall assist each other
as
necessary to create or maintain such status. Neither the Trustee, the Servicer
nor the Holder of any Residual Certificate shall take any action, cause any
REMIC created hereunder 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 such REMIC as a REMIC or
(ii)
result in the imposition of a tax upon such REMIC (including but not limited
to
the tax on prohibited transactions as defined in Code Section 860F(a)(2) and
the
tax on prohibited contributions set forth on Section 860G(d) of the Code)
(either such event, an “Adverse REMIC Event”) unless the Trustee, the NIMS
Insurer and the Servicer have 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 status or result in the imposition of such a
tax.
In addition, prior to taking any action with respect to any REMIC created
hereunder or the assets therein, or causing such REMIC to take any action,
which
is not expressly permitted under the terms of this Agreement, any Holder of
a
Residual Certificate will consult with the Trustee, the NIMS Insurer and the
Servicer, or their respective designees, in writing, with respect to whether
such action could cause an Adverse REMIC Event to occur with respect to any
REMIC, and no such Person shall take any such action or cause any REMIC to
take
any such action as to which the Trustee, the NIMS Insurer or the Servicer has
advised it in writing that an Adverse REMIC Event could occur.
(g) Each
Holder of a Residual Certificate shall pay when due any and all taxes imposed
on
each REMIC created hereunder by federal or state governmental authorities.
To
the extent that such Trust taxes are not paid by a Residual Certificateholder,
the Trustee shall pay any remaining REMIC taxes out of current or future amounts
otherwise distributable to the Holder of the Residual Certificate in the REMICs
or, if no such amounts are available, out of other amounts held in the
Distribution Account, and shall reduce amounts otherwise payable to Holders
of
regular interests in the related REMIC. Subject to the foregoing, in
the event that a REMIC incurs a state or local tax, including franchise taxes,
as a result of a determination that such REMIC is domiciled in the State of
California for state tax purposes by virtue of the location of the Servicer,
the
Servicer agrees to pay on behalf of such REMIC when due, any and all state
and
local taxes imposed as a result of such a determination, in the event that
the
Holder of the related Residual Certificate fails to pay such taxes, if any,
when
imposed.
(h) The
Trustee, as agent for the Tax Matters Person, shall, for federal income tax
purposes, maintain books and records with respect to each REMIC created
hereunder on a calendar year and on an accrual basis.
(i) No
additional contributions of assets shall be made to any REMIC created hereunder,
except as expressly provided in this Agreement with respect to eligible
substitute mortgage loans.
(j) Neither
the Trustee nor the Servicer shall enter into any arrangement by which any
REMIC
created hereunder will receive a fee or other compensation for
services.
(k) [Reserved].
(l) The
Trustee will apply for an Employee Identification Number from the Internal
Revenue Service via a Form SS-4 or other acceptable method for all tax entities
and shall complete the Form 8811.
SECTION
9.02
|
Prohibited
Transactions and Activities.
|
Neither
the Depositor, the Servicer nor the Trustee shall sell, dispose of, or
substitute for any of the Mortgage Loans, except in a disposition pursuant
to
(i) the foreclosure of a Mortgage Loan, (ii) the bankruptcy of the Trust Fund,
(iii) the termination of any REMIC created hereunder pursuant to Article X
of
this Agreement, (iv) a substitution pursuant to Article II of this Agreement
or
(v) a repurchase of Mortgage Loans pursuant to Article II of this Agreement,
nor
acquire any assets for any REMIC, nor sell or dispose of any investments in
the
Distribution Account for gain, nor accept any contributions to either REMIC
after the Closing Date, unless it and the NIMS Insurer have received an Opinion
of Counsel (at the expense of the party causing such sale, disposition, or
substitution) that such disposition, acquisition, substitution, or acceptance
will not (a) affect adversely the status of any REMIC created hereunder as
a
REMIC or of the interests therein other than the Residual Certificates as the
regular interests therein, (b) affect the distribution of interest or principal
on the Certificates, (c) result in the encumbrance of the assets transferred
or
assigned to the Trust Fund (except pursuant to the provisions of this Agreement)
or (d) cause any REMIC created hereunder to be subject to a tax on prohibited
transactions or prohibited contributions pursuant to the REMIC
Provisions.
SECTION
9.03
|
Indemnification
with Respect to Certain Taxes and Loss of REMIC
Status.
|
(a) In
the
event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC,
or incurs federal, state or local taxes as a result of a prohibited transaction
or prohibited contribution under the REMIC Provisions due to the negligent
performance by the Servicer of its duties and obligations set forth herein,
the
Servicer shall indemnify the NIMS Insurer, the Trustee and the Trust Fund
against any and all losses, claims, damages, liabilities or expenses (“Losses”)
resulting from such negligence; provided, however, that the Servicer shall
not
be liable for any such Losses attributable to the action or inaction of the
Trustee, the Depositor or the Holder of such Residual Certificate, as
applicable, nor for any such Losses resulting from misinformation provided
by
the Holder of such Residual Certificate on which the Servicer has relied. The
foregoing shall not be deemed to limit or restrict the rights and remedies
of
the Holder of such Residual Certificate now or hereafter existing at law or
in
equity. Notwithstanding the foregoing, however, in no event shall the Servicer
have any liability (1) for any action or omission that is taken in accordance
with and in compliance with the express terms of, or which is expressly
permitted by the terms of, this Agreement, (2) for any Losses other than arising
out of a negligent performance by the Servicer of its duties and obligations
set
forth herein, and (3) for any special or consequential damages to
Certificateholders (in addition to payment of principal and interest on the
Certificates).
(b) In
the
event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC,
or incurs federal, state or local taxes as a result of a prohibited transaction
or prohibited contribution under the REMIC Provisions due to the negligent
performance by the Trustee of its duties and obligations set forth herein,
the
Trustee shall indemnify the Trust Fund against any and all Losses resulting
from
such negligence; provided, however, that the Trustee shall not be liable for
any
such Losses attributable to the action or inaction of the Servicer, the
Depositor or the Holder of such Residual Certificate, as applicable, nor for
any
such Losses resulting from misinformation provided by the Holder of such
Residual Certificate on which the Trustee has relied. The foregoing shall not
be
deemed to limit or restrict the rights and remedies of the Holder of such
Residual Certificate now or hereafter existing at law or in equity.
Notwithstanding the foregoing, however, in no event shall the Trustee have
any
liability (1) for any action or omission that is taken in accordance with and
in
compliance with the express terms of, or which is expressly permitted by the
terms of, this Agreement, (2) for any Losses other than arising out of a
negligent performance by the Trustee of its duties and obligations set forth
herein, and (3) for any special or consequential damages to Certificateholders
(in addition to payment of principal and interest on the
Certificates).
ARTICLE
X
TERMINATION
SECTION
10.01
|
Termination.
|
(a) The
respective obligations and responsibilities of the Servicer, the Depositor
and
the Trustee created hereby (other than the obligation of the Trustee to make
certain payments to Certificateholders after the final Distribution Date and
the
obligation of the Servicer to send certain notices as hereinafter set forth)
shall terminate upon notice to the Trustee upon the earliest of (i) the
Distribution Date on which the Certificate Principal Balances of the Regular
Certificates have been reduced to zero, (ii) the final payment or other
liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
by the Terminator of the Mortgage Loans as described below and (iv) the
Distribution Date in July 2037. Notwithstanding the foregoing, in no
event shall the trust created hereby continue beyond the expiration of 21 years
from the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx,
the
late ambassador of the United States to the Court of St. James’s, living on the
date hereof.
The
Servicer (in such context, the “Terminator”), may, at its option, terminate this
Agreement on any date on which the aggregate Stated Principal Balance of the
Mortgage Loans (after giving effect to scheduled payments of principal due
during the related Due Period, to the extent received or advanced, and
unscheduled collections of principal received during the related Prepayment
Period) on such date is equal to or less than 10% of the aggregate Stated
Principal Balance of the Mortgage Loans as of the Cut-off Date, by purchasing,
on the next succeeding Distribution Date, all of the outstanding Mortgage Loans
and REO Properties at a price equal to the greater of (i) the Stated Principal
Balance of the Mortgage Loans (after giving effect to scheduled payments of
principal due during the related Due Period, to the extent received or advanced,
and unscheduled collections of principal received during the related Prepayment
Period) and the appraised value of the REO Properties and (ii) fair market
value
of the Mortgage Loans and REO Properties (as determined and as agreed upon
in
their good faith business judgment (determined as provided in the last sentence
of this paragraph) as of the Close of Business on the third Business Day next
preceding the date upon which notice of any such termination is furnished to
the
related Certificateholders pursuant to Section 10.01(c) by (x) the Terminator,
(y) the Holders of a majority in Percentage Interest in the Class C Certificates
and (z) if the Floating-Rate Certificates will not receive all amounts owed
to
it as a result of the termination, the Trustee (provided that if this clause
(z)
applies to such determination, such determination shall, notwithstanding
anything to the contrary herein, be based solely upon an appraisal obtained
as
provided in the last sentence of this paragraph)), plus accrued and unpaid
interest thereon at the weighted average of the Mortgage Rates through the
end
of the Due Period preceding the final Distribution Date plus unreimbursed
Servicing Advances, Advances, any unpaid Servicing Fees allocable to such
Mortgage Loans and REO Properties, any accrued and unpaid Net WAC Rate Carryover
Amounts and any Swap Termination Payment payable to the Swap Provider (the
“Termination Price”); provided, however, such option may only be exercised if
the Termination Price is sufficient to result in the payment of all interest
accrued on, as well as amounts necessary to retire the principal balance of,
each class of notes issued pursuant to the Indenture and any amounts owed to
the
NIMS Insurer (as it notifies the Trustee and Servicer in writing). If
the determination of the fair market value of the Mortgage Loans and REO
Properties shall be required to be made and agreed upon by the Terminator,
the
Holders of a majority in Percentage Interest in the Class C Certificates and
the
Trustee as provided in (ii) above in their good faith business judgment, such
determination shall be based on an appraisal of the value of the Mortgage Loans
and REO Properties conducted by an independent appraiser mutually agreed upon
by
the Terminator, the Holders of a majority in Percentage Interest in the Class
C
Certificates and the Trustee in their reasonable discretion, and (A) such
appraisal shall be obtained at no expense to the Trustee and (B) notwithstanding
anything to the contrary above, the Trustee may solely and conclusively rely
on,
and shall be protected in relying on, such appraisal in making such
determination.
By
acceptance of a Residual Certificate, the Holders of the Residual Certificates
agree, in connection with any termination hereunder, to assign and transfer
any
amounts in excess of par, and to the extent received in respect of such
termination, to pay any such amounts to the Holders of the Class R
Certificates.
(b) In
connection with any termination pursuant to this Section 10.01:
(i) At
least
twenty (20) days prior to the latest date on which notice of such optional
termination is required to be mailed to the Certificateholders, the Terminator
shall notify in writing (which may be done in electronic format) the Swap
Provider and the Trustee of the final Distribution Date on which the Terminator
intends to terminate the Trust Fund;
(ii) No
later
than 4:00 pm (New York City time) four (4) Business Days prior to the final
Distribution Date specified in the notices required pursuant to Section 10.01,
the Swap Provider shall notify in writing (in accordance with the applicable
provisions of the Interest Rate Swap Agreement) (which may be done in electronic
format) and by phone, the Terminator and the Trustee of the amount of the
Estimated Swap Termination Payment; and
(iii) Three
(3)
Business Days prior to the final Distribution Date specified in the notices
required pursuant to Sections 10.01, (x) the Terminator shall, no later than
1:00 pm (New York City time) on such day, deliver to the Trustee and the Trustee
shall deposit funds in the Distribution Account in an amount equal to the sum
of
the Termination Price (which shall be based on the Estimated Swap Termination
Payment), and (y) if the Trustee shall have received an Officer’s Certificate
stating that all of the requirements for Optional Termination have been met,
including without limitation the deposit required pursuant to the immediately
preceding clause (x) as well as the requirements specified in Section 10.01,
then the Trustee shall, on the same Business Day, provide written notice (which
may be done in electronic format) to the Terminator and the Swap Provider (in
accordance with the applicable provision of the Interest Rate Swap Agreement)
confirming (a) its receipt of the Termination Price (which shall be based on
the
Estimated Swap Termination Payment), and (b) that all other requirements
specified in Section 10.01 have been met (the “Optional Termination
Notice”). Upon the delivery of the Optional Termination Notice by the
Trustee pursuant to the preceding sentence, (i) the optional termination shall
become irrevocable, (ii) the notice to Certificateholders of such optional
termination provided pursuant to Section 10.01 shall become unrescindable,
(iii)
the Swap Provider shall determine the Swap Termination Payment in accordance
with the Interest Rate Swap Agreement (which shall not exceed the Estimated
Swap
Termination Payment), and (iv) the Swap Provider shall provide to the Trustee
written notice of the amount of the Swap Termination Payment not later than
two
(2) Business Days prior to the final Distribution Date specified in the notices
required pursuant to Sections 10.01.
Upon
a
termination pursuant to this Section 10.01, the Trustee shall assign to the
Terminator each of the representations and warranties made by the Originator
and
the Seller pursuant to the Master Agreement and the Assignment Agreement,
without recourse, representation or warranty.
In
connection with any such purchase pursuant to this Section 10.01, the Terminator
shall deposit in the Distribution Account all amounts then on deposit in the
Collection Account, which deposit shall be deemed to have occurred immediately
preceding such purchase.
Any
such
purchase shall be accomplished by deposit into the Distribution Account on
the
Determination Date before such Distribution Date of the Termination
Price.
(c) Notice
of
any termination, specifying the Distribution Date (which shall be a date that
would otherwise be a Distribution Date) upon which the Certificateholders may
surrender their Certificates to the Trustee for payment of the final
distribution and cancellation, shall be given promptly by the Trustee upon
the
Trustee receiving notice of such date from the Terminator, by letter to the
Certificateholders mailed not earlier than the 15th day and
not later
than the 25th
day of the month next preceding the month of such final distribution specifying
(1) the Distribution Date upon which final distribution of the Certificates
will
be made upon presentation and surrender of such Certificates at the office
or
agency of the Trustee therein designated, (2) the amount of any such final
distribution and (3) that the Record Date otherwise applicable to such
Distribution Date is not applicable, distributions being made only upon
presentation and surrender of the Certificates at the office or agency of the
Trustee therein specified.
(d) Upon
presentation and surrender of the Certificates, the Trustee shall cause to
be
distributed to the Holders of the Certificates on the Distribution Date for
such
final distribution, in proportion to the Percentage Interests of their
respective Class and to the extent that funds are available for such purpose,
an
amount equal to the amount required to be distributed to such Holders in
accordance with the provisions of Section 4.01 for such Distribution Date.
By
acceptance of the Residual Certificates, the Holders of the Residual
Certificates agree, in connection with any termination hereunder, to assign
and
transfer any amounts in excess of the par value of the Mortgage Loans, and
to
the extent received in respect of such termination, to pay any such amounts
to
the Holders of the Class C Certificates.
(e) In
the
event that all Certificateholders shall not surrender their Certificates for
final payment and cancellation on or before such final Distribution Date, the
Trustee shall promptly following such date cause all funds in the Distribution
Account not distributed in final distribution to Certificateholders to be
withdrawn therefrom and credited to the remaining Certificateholders by
depositing such funds in a separate Servicing Account for the benefit of such
Certificateholders, and the Servicer (if the Servicer has exercised its right
to
purchase the Mortgage Loans) or the Trustee (in any other case) shall give
a
second written notice to the remaining Certificateholders, to surrender their
Certificates for cancellation and receive the final distribution with respect
thereto. If within nine months after the second notice all the Certificates
shall not have been surrendered for cancellation, the Residual
Certificateholders shall be entitled to all unclaimed funds and other assets
which remain subject hereto, and the Trustee upon transfer of such funds shall
be discharged of any responsibility for such funds, and the Certificateholders
shall look to the Residual Certificateholders for payment.
SECTION
10.02
|
Additional
Termination Requirements.
|
(a) In
the
event that the Terminator exercises its purchase option as provided in Section
10.01, each REMIC shall be terminated in accordance with the following
additional requirements, unless the Trustee shall have been furnished with
an
Opinion of Counsel to the effect that the failure of the Trust to comply with
the requirements of this Section will not (i) result in the imposition of taxes
on “prohibited transactions” of the Trust as defined in Section 860F of the Code
or (ii) cause any REMIC constituting part of the Trust Fund to fail to qualify
as a REMIC at any time that any Certificates are outstanding:
(i) Within
90
days prior to the final Distribution Date, the Terminator shall adopt and the
Trustee shall sign a plan of complete liquidation of each REMIC created
hereunder meeting the requirements of a “Qualified Liquidation” under Section
860F of the Code and any regulations thereunder; and
(ii) At
or
after the time of adoption of such a plan of complete liquidation and at or
prior to the final Distribution Date, the Trustee shall sell all of the assets
of the Trust Fund to the Terminator for cash pursuant to the terms of the plan
of complete liquidation.
(b) By
their
acceptance of Certificates, the Holders thereof hereby agree to appoint the
Trustee as their attorney in fact to: (i) adopt such a plan of complete
liquidation (and the Certificateholders hereby appoint the Trustee as their
attorney in fact to sign such plan) as appropriate and (ii) to take such other
action in connection therewith as may be reasonably required to carry out such
plan of complete liquidation all in accordance with the terms hereof.
ARTICLE
XI
MISCELLANEOUS
PROVISIONS
SECTION
11.01
|
Amendment.
|
This
Agreement may be amended from time to time by the Depositor, the Servicer and
the Trustee with the consent of the NIMS Insurer and without the consent of
the
Certificateholders (i) to cure any ambiguity, (ii) to correct or supplement
any
provisions herein which may be defective or inconsistent with any other
provisions herein or (iii) to make any other provisions with respect to matters
or questions arising under this Agreement which shall not be inconsistent with
the provisions of this Agreement; provided that such action shall not, as
evidenced by either (a) an Opinion of Counsel delivered to the Trustee or (b)
written notice to the Depositor, the Servicer and the Trustee from each Rating
Agency that such action will not result in the reduction or withdrawal of the
rating of any outstanding Class of Certificates with respect to which it is
a
Rating Agency, adversely affect in any material respect the interests of any
Certificateholder. No amendment shall be deemed to adversely affect in any
material respect the interests of any Certificateholder who shall have consented
thereto, and no Opinion of Counsel or Rating Agency confirmation shall be
required to address the effect of any such amendment on any such consenting
Certificateholder.
In
addition, this Agreement may be amended from time to time by the Depositor,
the
Servicer and the Trustee with the consent of the NIMS Insurer, the Swap Provider
and the Majority Certificateholders for the purpose of adding any provisions
to
or changing in any manner or eliminating any of the provisions of this Agreement
or of modifying in any manner the rights of the Swap Provider or Holders of
Certificates; provided, however, that no such amendment or waiver shall (x)
reduce in any manner the amount of, or delay the timing of, payments on the
Certificates or distributions which are required to be made on any Certificate
without the consent of the Holder of such Certificate, (y) adversely affect
in
any material respect the interests of the Swap Provider or Holders of any Class
of Certificates (as evidenced by either (i) an Opinion of Counsel delivered
to
the Trustee or (ii) written notice to the Depositor, the Servicer and the
Trustee from each Rating Agency that such action will not result in the
reduction or withdrawal of the rating of any outstanding Class of Certificates
with respect to which it is a Rating Agency) in a manner other than as described
in clause (x) above, without the consent of the Holders of Certificates of
such
Class evidencing at least a 66% Percentage Interest in such Class, or (z) reduce
the percentage of Voting Rights required by clause (y) above without the consent
of the Holders of all Certificates of such Class then outstanding. Upon approval
of an amendment, a copy of such amendment shall be sent to the Rating
Agencies.
Notwithstanding
any provision of this Agreement to the contrary, the Trustee shall not consent
to any amendment to this Agreement unless it shall have first received an
Opinion of Counsel, delivered by (and at the expense of) the Person seeking
such
Amendment and satisfactory to the NIMS Insurer, to the effect that such
amendment will not result in the imposition of a tax on any REMIC created
hereunder constituting part of the Trust Fund pursuant to the REMIC Provisions
or cause any REMIC created hereunder constituting part of the Trust to fail
to
qualify as a REMIC at any time that any Certificates are outstanding and that
the amendment is being made in accordance with the terms hereof.
Notwithstanding
any of the other provisions of this Section 11.01, none of the parties to this
Agreement shall enter into any amendment to this Agreement that could reasonably
be expected to have a material adverse effect on the interests of the
Swap Provider hereunder (excluding, for the avoidance of doubt, any amendment
to
this Agreement that is entered into solely for the purpose of appointing a
successor servicer or trustee) without the prior written consent of the Swap
Provider, which consent shall not be unreasonably withheld, conditioned or
delayed.
Promptly
after the execution of any such amendment the Trustee shall furnish, at the
expense of the Person that requested the amendment if such Person is the
Servicer (but in no event at the expense of the Trustee), otherwise at the
expense of the Trust, a copy of such amendment and the Opinion of Counsel
referred to in the immediately preceding paragraph to the Servicer, the NIMS
Insurer and each Rating Agency.
It
shall
not be necessary for the consent of Certificateholders under this Section 11.01
to approve the particular form of any proposed amendment; instead it shall
be
sufficient if such consent shall approve the substance thereof. The manner
of
obtaining such consents and of evidencing the authorization of the execution
thereof by Certificateholders shall be subject to such reasonable regulations
as
the Trustee may prescribe.
The
Trustee may, but shall not be obligated to, enter into any amendment pursuant
to
this Section 11.01 that affects its rights, duties and immunities under this
Agreement or otherwise.
SECTION
11.02
|
Recordation
of Agreement; Counterparts.
|
To
the
extent permitted by applicable law, this Agreement is subject to recordation
in
all appropriate public offices for real property records in all the counties
or
other comparable jurisdictions in which any or all of the properties subject
to
the Mortgages are situated, and in any other appropriate public recording office
or elsewhere, such recordation to be effected by the Servicer at the expense
of
the Trust, but only upon direction of the Certificateholders accompanied by
an
Opinion of Counsel to the effect that such recordation materially and
beneficially affects the interests of the Certificateholders.
For
the
purpose of facilitating the recordation of this Agreement as herein provided
and
for other purposes, this Agreement may be executed simultaneously in any number
of counterparts, each of which counterparts shall be deemed to be an original,
and such counterparts shall together constitute but one and the same
instrument.
SECTION
11.03
|
Limitation
on Rights of Certificateholders.
|
The
death
or incapacity of any Certificateholder shall not (i) operate to terminate this
Agreement or the Trust, (ii) entitle such Certificateholder’s legal
representatives or heirs to claim an accounting or to take any action or
proceeding in any court for a partition or winding up of the Trust, or (iii)
otherwise affect the rights, obligations and liabilities of the parties hereto
or any of them.
Except
as
expressly provided for herein, no Certificateholder shall have any right to
vote
or in any manner otherwise control the operation and management of the Trust,
or
the obligations of the parties hereto, nor shall anything herein set forth
or
contained in the terms of the Certificates be construed so as to constitute
the
Certificateholders from time to time as partners or members of an association;
nor shall any Certificateholder be under any liability to any third person
by
reason of any action taken by the parties to this Agreement pursuant to any
provision hereof.
No
Certificateholder shall have any right by virtue of any provision of this
Agreement to institute any suit, action or proceeding in equity or at law upon
or under or with respect to this Agreement, unless such Holder previously shall
have given to the Trustee a written notice of default and of the continuance
thereof, as hereinbefore provided, and unless also the Holders of Certificates
entitled to at least 25% of the Voting Rights shall have made written request
upon the Trustee to institute such action, suit or proceeding in its own name
as
Trustee hereunder and shall have offered to the Trustee such reasonable
indemnity as it may require against the costs, expenses and liabilities to
be
incurred therein or thereby, and the Trustee for 15 days after its receipt
of
such notice, request and offer of indemnity, shall have neglected or refused
to
institute any such action, suit or proceeding. It is understood and intended,
and expressly covenanted by each Certificateholder with every other
Certificateholder and the Trustee, that no one or more Holders of Certificates
shall have any right in any manner whatever by virtue of any provision of this
Agreement to affect, disturb or prejudice the rights of the Holders of any
other
of such Certificates, or to obtain or seek to obtain priority over or preference
to any other such Holder, which priority or preference is not otherwise provided
for herein, or to enforce any right under this Agreement, except in the manner
herein provided and for the equal, ratable and common benefit of all
Certificateholders. For the protection and enforcement of the provisions of
this
Section 11.03 each and every Certificateholder and the Trustee shall be entitled
to such relief as can be given either at law or in equity.
SECTION
11.04
|
Governing
Law; Jurisdiction.
|
This
Agreement shall be construed in accordance with the laws of the State of New
York, and the obligations, rights and remedies of the parties hereunder shall
be
determined in accordance with such laws. With respect to any claim arising out
of this Agreement, each party irrevocably submits to the exclusive jurisdiction
of the courts of the State of New York and the United States District Court
located in the Borough of Manhattan in The City of New York, and each party
irrevocably waives any objection which it may have at any time to the laying
of
venue of any suit, action or proceeding arising out of or relating hereto
brought in any such courts, irrevocably waives any claim that any such suit,
action or proceeding brought in any such court has been brought in any
inconvenient forum and further irrevocably waives the right to object, with
respect to such claim, suit, action or proceeding brought in any such court,
that such court does not have jurisdiction over such party, provided that
service of process has been made by any lawful means.
SECTION
11.05
|
Notices.
|
All
directions, demands and notices hereunder shall be in writing and shall be
deemed to have been duly given if personally delivered at or mailed by first
class mail, postage prepaid, by facsimile or by express delivery service, to
(a)
in the case of the Servicer, Option One Mortgage Corporation, 3 Xxx, Xxxxxx,
Xxxxxxxxxx 00000, or such other address or telecopy number as may hereafter
be
furnished to the Depositor, the NIMS Insurer and the Trustee in writing by
the
Servicer, (b) in the case of the Trustee, Xxxxx Fargo Bank, N.A., X.X. Xxx
00,
Xxxxxxxx, Xxxxxxxx 00000, Attention: Client Manager—Soundview 2007-OPT2, with a
copy to Xxxxx Fargo Bank, N.A., 0000 Xxx Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx
00000-0000, Attention: Soundview Home Loan Trust Series 2007-OPT2, or such
other
address or telecopy number as may hereafter be furnished to the Depositor,
the
NIMS Insurer and the Servicer in writing by the Trustee, (c) in the case of
the
Depositor, Financial Asset Securities Corp., 000 Xxxxxxxxx Xxxx, Xxxxxxxxx,
Xxxxxxxxxxx 00000, Attention: Legal, or such other address as may be furnished
to the Servicer, the NIMS Insurer and the Trustee in writing by the Depositor,
(d) in the case of the NIMS Insurer, such address furnished to the Depositor,
the Servicer and the Trustee in writing by the NIMS Insurer, or such other
address or telecopy number as may hereafter be furnished to the Depositor,
the
Servicer and the Trustee in writing by the NIMS Insurer or (e) in the case
of
the Swap Provider, Bear Xxxxxxx Financial Products, Inc. 000 Xxxxxxx Xxxxxx,
00xx Xxxxx,
Xxx
Xxxx, Xxx Xxxx 00000, Attention: DPC Manager or such other address or telecopy
number as may hereafter be furnished to the Depositor, the Servicer and the
Trustee in writing by the Swap Provider. Any notice required or permitted to
be
mailed to a Certificateholder shall be given by first class mail, postage
prepaid, at the address of such Holder as shown in the Certificate Register.
Notice of any Servicer Event of Termination shall be given by telecopy and
by
certified mail. Any notice so mailed within the time prescribed in this
Agreement shall be conclusively presumed to have duly been given when mailed,
whether or not the Certificateholder receives such notice. A copy of any notice
required to be telecopied hereunder shall also be mailed to the appropriate
party in the manner set forth above.
SECTION
11.06
|
Severability
of Provisions.
|
If
any
one or more of the covenants, agreements, provisions or terms of this Agreement
shall for any reason whatsoever be held invalid, then such covenants,
agreements, provisions or terms shall be deemed severable from the remaining
covenants, agreements, provisions or terms of this Agreement and shall in no
way
affect the validity or enforceability of the other provisions of this Agreement
or of the Certificates or the rights of the Holders thereof.
SECTION
11.07
|
Article
and Section References.
|
All
article and section references used in this Agreement, unless otherwise
provided, are to articles and sections in this Agreement.
SECTION
11.08
|
Notice
to the Rating Agencies and the NIMS
Insurer.
|
(a) Each
of
the Trustee and the Servicer shall be obligated to use its best reasonable
efforts promptly to provide notice to the Rating Agencies, the Swap Provider
and
the NIMS Insurer with respect to each of the following of which a Responsible
Officer of the Trustee or Servicer, as the case may be, has actual
knowledge:
(i) any
material change or amendment to this Agreement;
(ii) the
occurrence of any Servicer Event of Termination that has not been cured or
waived;
(iii) the
resignation or termination of the Servicer or the Trustee;
(iv) the
final
payment to Holders of the Certificates of any Class;
(v) any
change in the location of any Account; and
(vi) if
the
Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any
event that would result in the inability of the Trustee to make
Advances.
(b) In
addition, the Trustee shall promptly make available to each Rating Agency copies
of each Statement to Certificateholders described in Section 4.03 hereof and
the
Servicer shall promptly make available to each Rating Agency copies of the
following:
(i) each
Annual Statement of Compliance described in Section 3.20 hereof;
(ii) each
Attestation Report described in Section 3.21 hereof; and
(iii) each
notice delivered pursuant to Section 7.01(a) hereof which relates to the fact
that the Servicer has not made an Advance.
Any
such
notice pursuant to this Section 11.08 shall be in writing and shall be deemed
to
have been duly given if personally delivered or mailed by first class mail,
postage prepaid, or by express delivery service to (i) Xxxxx’x Investors
Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard
& Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx,
00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance
Group.
SECTION
11.09
|
Further
Assurances.
|
Notwithstanding
any other provision of this Agreement, neither the Regular Certificateholders
nor the Trustee shall have any obligation to consent to any amendment or
modification of this Agreement unless they have been provided reasonable
security or indemnity against their out-of-pocket expenses (including reasonable
attorneys’ fees) to be incurred in connection therewith.
SECTION
11.10
|
Third
Party Rights.
|
The
NIMS
Insurer shall be deemed a third-party beneficiary of this Agreement to the
same
extent as if it were a party hereto, and shall have the right to enforce the
provisions of this Agreement
The
Swap
Provider shall be an express third-party beneficiary of this Agreement to the
extent of its express rights to receive any payments under this Agreement or
any
other express rights of the Swap
Provider explicitly stated in this Agreement, and shall have
the right to enforce such rights under this Agreement as if it were a party
hereto.
SECTION
11.11
|
Benefits
of Agreement.
|
Nothing
in this Agreement or in the Certificates, expressed or implied, shall give
to
any Person, other than the Certificateholders, the NIMS Insurer and the parties
hereto and their successors hereunder, any benefit or any legal or equitable
right, remedy or claim under this Agreement.
SECTION
11.12
|
Acts
of Certificateholders.
|
(a) Any
request, demand, authorization, direction, notice, consent, waiver or other
action provided by this Agreement to be given or taken by the Certificateholders
may be embodied in and evidenced by one or more instruments of substantially
similar tenor signed by such Certificateholders in person or by agent duly
appointed in writing, and such action shall become effective when such
instrument or instruments are delivered to the Trustee and the Servicer. Such
instrument or instruments (and the action embodied therein and evidenced
thereby) are herein sometimes referred to as the “act” of the Certificateholders
signing such instrument or instruments. Proof of execution of any such
instrument or of a writing appointing any such agent shall be sufficient for
any
purpose of this Agreement and conclusive in favor of the Trustee and the Trust,
if made in the manner provided in this Section 11.11.
(b) The
fact
and date of the execution by any Person of any such instrument or writing may
be
proved by the affidavit of a witness of such execution or by the certificate
of
a notary public or other officer authorized by law to take acknowledgments
of
deeds, certifying that the individual signing such instrument or writing
acknowledged to him the execution thereof. Whenever such execution is by a
signer acting in a capacity other than his or her individual capacity, such
certificate or affidavit shall also constitute sufficient proof of his
authority.
(c) Any
request, demand, authorization, direction, notice, consent, waiver or other
action by any Certificateholder shall bind every future Holder of such
Certificate and the Holder of every Certificate issued upon the registration
of
transfer thereof or in exchange therefor or in lieu thereof, in respect of
anything done, omitted or suffered to be done by the Trustee or the Trust in
reliance thereon, whether or not notation of such action is made upon such
Certificate.
SECTION
11.13
|
Intention
of the Parties and Interpretation.
|
Each
of
the parties acknowledges and agrees that the purpose of Sections 3.20, 3.21
and
4.07 of this Agreement is to facilitate compliance by the Depositor with the
provisions of Regulation AB promulgated by the SEC under the 1934 Act (17 C.F.R.
§§ 229.1100-229.1123), as such may be amended from time to time and subject to
clarification and interpretive advice as may be issued by the staff of the
SEC
from time to time. Therefore, each of the parties agrees that (a) the
obligations of the parties hereunder shall be interpreted in such a manner
as to
accomplish that purpose, (b) the parties’ obligations hereunder will be
supplemented and modified as necessary to be consistent with any such
amendments, interpretive advice or guidance, convention or consensus among
active participants in the asset-backed securities markets, advice of counsel,
or otherwise in respect of the requirements of Regulation AB, (c) the parties
shall comply with requests made by the Depositor for delivery of additional
or
different information as the Depositor may determine in good faith is necessary
to comply with the provisions of Regulation AB, and (d) no amendment of this
Agreement shall be required to effect any such changes in the parties’
obligations as are necessary to accommodate evolving interpretations of the
provisions of Regulation AB.
IN
WITNESS WHEREOF, the Depositor, the Servicer and the Trustee have caused their
names to be signed hereto by their respective officers thereunto duly
authorized, all as of the day and year first above written.
FINANCIAL
ASSET SECURITIES CORP.,
as
Depositor
|
|||||||||||||
By:
|
/s/
Xxxxxxx Xxx
|
||||||||||||
Name:
|
Xxxxxxx Xxx | ||||||||||||
Title:
|
Vice President |
OPTION
ONE MORTGAGE CORPORATION,
as
Servicer
|
|||||||||||||
By:
|
/s/
Xxxxxxx X. X’Xxxxx
|
||||||||||||
Name:
|
Xxxxxxx X. X’Xxxxx | ||||||||||||
Title:
|
Senior Vice President |
XXXXX
FARGO BANK, N.A.,
as
Trustee
|
|||||||||||||
By:
|
/s/
Xxxxxx X. Xxxxxxx
|
||||||||||||
Name:
|
Xxxxxx X. Xxxxxxx | ||||||||||||
Title:
|
Vice President |
STATE
OF CONNECTICUT
|
)
|
|
)
ss.:
|
||
COUNTY
OF
|
)
|
On
the
____ day of July, 2007 before me, a notary public in and for said State,
personally appeared ___________________known to me to be a ____________________
of Financial Asset Securities Corp., a Delaware corporation that executed the
within instrument, and also known to me to be the person who executed it on
behalf of said corporation, and acknowledged to me that such corporation
executed the within instrument.
IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year in this certificate first above written.
_____________________________
Notary
Public
|
STATE
OF CALIFORNIA
|
)
|
|
)
ss.:
|
||
COUNTY
OF ORANGE
|
)
|
On
the____ day of July, 2007 before me, a notary public in and for said State,
personally appeared ________________________known to me to be a
___________________ of Option One Mortgage Corporation, a corporation that
executed the within instrument, and also known to me to be the person who
executed it on behalf of said corporation, and acknowledged to me that such
corporation executed the within instrument.
IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year in this certificate first above written.
_____________________________
Notary
Public
|
STATE
OF
|
)
|
|
)
ss.:
|
||
COUNTY
OF
|
)
|
On
the
___ day of July, 2007 before me, a notary public in and for said State,
personally appeared_______________________, known to me to be
a(n)________________________ and ________________________, known to
me to be a(n) ________________________of Xxxxx Fargo Bank, N.A., one of the
entities that executed the within instrument, and also known to me to be the
person who executed it on behalf of said entity, and acknowledged to me that
such entity executed the within instrument.
IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year in this certificate first above written.
_____________________________
Notary
Public
|
EXHIBIT
A-1
FORM
OF
CLASS I-A-1 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
PRIOR
TO
THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST OR THE CAP TRUST ANY
TRANSFEREE OF THIS CERTIFICATE WHO IS AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$270,982,000.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$270,982,000.00
|
Percentage
Interest
|
:
|
100%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AA4
|
Class
|
:
|
I-A-1
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
I-A-1
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class I-A-1 Certificate
at any time may be less than the Initial Certificate Principal Balance set
forth
on the face hereof, as described herein. This Class I-A-1 Certificate does
not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class I-A-1 Certificate (obtained by dividing the Denomination
of this Class I-A-1 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class I-A-1 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class I-A-1 Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
Reference
is hereby made to the further provisions of this Class I-A-1 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class I-A-1 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class I-A-1 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
Prior
to
the termination of the Supplemental Interest Trust or the Cap Trust any
transferee of this Certificate who is a Plan subject to ERISA or Section 4975
of
the Code, any Person acting, directly or indirectly, on behalf of any such
Plan
or any person using Plan Assets to acquire this Certificate shall be deemed
to
have made the representation made except in accordance with Section 5.02(d)
of
the Agreement.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-2
FORM
OF
CLASS II-A-1 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
PRIOR
TO
THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST OR THE CAP TRUST ANY
TRANSFEREE OF THIS CERTIFICATE WHO IS AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE
AGREEMENT.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$74,848,000.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$74,848,000.00
|
Percentage
Interest
|
:
|
100%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AB2
|
Class
|
:
|
II-A-1
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
II-A-1
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class II-A-1 Certificate
at any time may be less than the Initial Certificate Principal Balance set
forth
on the face hereof, as described herein. This Class II-A-1 Certificate does
not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class II-A-1 Certificate (obtained by dividing the
Denomination of this Class II-A-1 Certificate by the Original Class Certificate
Principal Balance) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class II-A-1 Certificate
is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Class II-A-1 Certificate by
virtue of the acceptance hereof assents and by which such Holder is
bound.
Reference
is hereby made to the further provisions of this Class II-A-1 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class II-A-1 Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose unless manually countersigned by an
authorized signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class II-A-1 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
Prior
to
the termination of the Supplemental Interest Trust or the Cap Trust any
transferee of this Certificate who is a Plan subject to ERISA or Section 4975
of
the Code, any Person acting, directly or indirectly, on behalf of any such
Plan
or any person using Plan Assets to acquire this Certificate shall be deemed
to
have made the representation made except in accordance with Section 5.02(d)
of
the Agreement.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-3
FORM
OF
CLASS II-A-2 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
PRIOR
TO
THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST OR THE CAP TRUST ANY
TRANSFEREE OF THIS CERTIFICATE WHO IS AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE
AGREEMENT.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$40,893,000.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$40,893,000.00
|
Percentage
Interest
|
:
|
100%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AC0
|
Class
|
:
|
II-A-2
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
II-A-2
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class II-A-2 Certificate
at any time may be less than the Initial Certificate Principal Balance set
forth
on the face hereof, as described herein. This Class II-A-2 Certificate does
not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class II-A-2 Certificate (obtained by dividing the
Denomination of this Class II-A-2 Certificate by the Original Class Certificate
Principal Balance) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class II-A-2 Certificate
is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Class II-A-2 Certificate by
virtue of the acceptance hereof assents and by which such Holder is
bound.
Reference
is hereby made to the further provisions of this Class II-A-2 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class II-A-2 Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose unless manually countersigned by an
authorized signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class II-A-2 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
Prior
to
the termination of the Supplemental Interest Trust or the Cap Trust any
transferee of this Certificate who is a Plan subject to ERISA or Section 4975
of
the Code, any Person acting, directly or indirectly, on behalf of any such
Plan
or any person using Plan Assets to acquire this Certificate shall be deemed
to
have made the representation made except in accordance with Section 5.02(d)
of
the Agreement.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-4
FORM
OF
CLASS II-A-3 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
PRIOR
TO
THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST OR THE CAP TRUST ANY
TRANSFEREE OF THIS CERTIFICATE WHO IS AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE
AGREEMENT.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$39,633,000.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$39,633,000.00
|
Percentage
Interest
|
:
|
100%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AD8
|
Class
|
:
|
II-A-3
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
II-A-3
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class II-A-3 Certificate
at any time may be less than the Initial Certificate Principal Balance set
forth
on the face hereof, as described herein. This Class II-A-3 Certificate does
not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class II-A-3 Certificate (obtained by dividing the
Denomination of this Class II-A-3 Certificate by the Original Class Certificate
Principal Balance) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class II-A-3 Certificate
is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Class II-A-3 Certificate by
virtue of the acceptance hereof assents and by which such Holder is
bound.
Reference
is hereby made to the further provisions of this Class II-A-3 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class II-A-3 Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose unless manually countersigned by an
authorized signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class II-A-3 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
Prior
to
the termination of the Supplemental Interest Trust or the Cap Trust any
transferee of this Certificate who is a Plan subject to ERISA or Section 4975
of
the Code, any Person acting, directly or indirectly, on behalf of any such
Plan
or any person using Plan Assets to acquire this Certificate shall be deemed
to
have made the representation made except in accordance with Section 5.02(d)
of
the Agreement.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date the Servicer may purchase, in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-5
FORM
OF
CLASS II-A-4 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
PRIOR
TO
THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST OR THE CAP TRUST ANY
TRANSFEREE OF THIS CERTIFICATE WHO IS AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE
AGREEMENT.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$12,910,000.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$12,910,000.00
|
Percentage
Interest
|
:
|
100%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AE6
|
Class
|
:
|
II-A-4
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
II-A-4
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class II-A-4 Certificate
at any time may be less than the Initial Certificate Principal Balance set
forth
on the face hereof, as described herein. This Class II-A-4 Certificate does
not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class II-A-4 Certificate (obtained by dividing the
Denomination of this Class II-A-4 Certificate by the Original Class Certificate
Principal Balance) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class II-A-4 Certificate
is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Class II-A-4 Certificate by
virtue of the acceptance hereof assents and by which such Holder is
bound.
Reference
is hereby made to the further provisions of this Class II-A-4 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class II-A-4 Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose unless manually countersigned by an
authorized signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class II-A-4 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
Prior
to
the termination of the Supplemental Interest Trust or the Cap Trust any
transferee of this Certificate who is a Plan subject to ERISA or Section 4975
of
the Code, any Person acting, directly or indirectly, on behalf of any such
Plan
or any person using Plan Assets to acquire this Certificate shall be deemed
to
have made the representation made except in accordance with Section 5.02(d)
of
the Agreement.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-6
FORM
OF
CLASS M-1 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES AND THE CLASS
II-A-4 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$21,078,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$21,078,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AF3
|
Class
|
:
|
M-1
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-1
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-1 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-1 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-1 Certificate (obtained by dividing the Denomination
of this Class M-1 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-1 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-1 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-1 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-1 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-1 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-7
FORM
OF
CLASS M-2 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES AND THE CLASS M-1 CERTIFICATES TO THE EXTENT DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$18,549,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$18,549,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AG1
|
Class
|
:
|
M-2
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-2
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-2 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-2 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-2 Certificate (obtained by dividing the Denomination
of this Class M-2 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-2 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-2 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-2 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-2 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-2 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-8
FORM
OF
CLASS M-3 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES AND THE CLASS M-2 CERTIFICATES TO
THE
EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$10,961,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$10,961,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AH9
|
Class
|
:
|
M-3
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-3
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-3 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-3 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-3 Certificate (obtained by dividing the Denomination
of this Class M-3 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-3 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-3 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-3 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-3 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-3 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date the Servicer may purchase, in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-9
FORM
OF
CLASS M-4 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES AND THE
CLASS M-3 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$10,398,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$10,398,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
00000X
XX0
|
Class
|
:
|
M-4
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-4
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-4 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-4 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-4 Certificate (obtained by dividing the Denomination
of this Class M-4 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-4 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-4 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-4 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-4 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-4 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-10
FORM
OF
CLASS M-5 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES AND THE CLASS M-4 CERTIFICATES TO THE EXTENT DESCRIBED IN
THE
POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$9,555,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$9,555,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AK2
|
Class
|
:
|
M-5
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-5
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-5 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-5 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-5 Certificate (obtained by dividing the Denomination
of this Class M-5 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-5 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-5 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-5 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-5 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-5 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-11
FORM
OF
CLASS M-6 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES AND THE CLASS M-5 CERTIFICATES
TO
THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$9,274,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$9,274,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AL0
|
Class
|
:
|
M-6
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-6
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-6 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-6 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-6 Certificate (obtained by dividing the Denomination
of this Class M-6 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-6 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-6 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-6 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-6 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-6 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-12
FORM
OF
CLASS M-7 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES AND
THE
CLASS M-6 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$8,712,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$8,712,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AM8
|
Class
|
:
|
M-7
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-7
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-7 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-7 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-7 Certificate (obtained by dividing the Denomination
of this Class M-7 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-7 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-7 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-7 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-7 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-7 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-13
FORM
OF
CLASS M-8 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE
CLASS M-6 CERTIFICATES AND THE CLASS M-7 CERTIFICATES TO THE EXTENT DESCRIBED
IN
THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$7,026,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$7,026,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AN6
|
Class
|
:
|
M-8
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-8
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-8 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-8 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-8 Certificate (obtained by dividing the Denomination
of this Class M-8 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-8 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-8 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-8 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-8 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-8 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-14
FORM
OF
CLASS M-9 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE
CLASS M-6 CERTIFICATES, THE CLASS M-7 CERTIFICATES AND THE CLASS M-8
CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$5,340,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$5,340,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AP1
|
Class
|
:
|
M-9
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-9
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-9 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-9 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-9 Certificate (obtained by dividing the Denomination
of this Class M-9 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-9 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-9 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-9 Certificate set
forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class M-9 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-9 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-15
FORM
OF
CLASS M-10 CERTIFICATE
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF
DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO
ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO.,
HAS AN INTEREST HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS
M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE
CLASS M-6 CERTIFICATES, THE CLASS M-7 CERTIFICATES, THE CLASS M-8 CERTIFICATES
AND THE CLASS M-9 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERRED TO HEREIN.
EACH
HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP THEREIN SHALL BE DEEMED TO
HAVE
MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(d) OF THE AGREEMENT
.
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND
MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT TO A PERSON
THAT IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A UNDER
THE SECURITIES ACT PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A
QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF
RULE
144A, IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT, IN WHICH THE TRANSFEREE MAKES OR IS DEEMED TO MAKE CERTAIN
REPRESENTATIONS AND UNDERTAKINGS SET FORTH IN THE AGREEMENT AND IN ACCORDANCE
WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED
STATES.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of this Certificate
(“Denomination”)
|
:
|
$
5,902,000.00
|
Original
Class Certificate Principal Balance of this Class
|
:
|
$
5,902,000.00
|
Percentage
Interest
|
:
|
100.00%
|
Pass-Through
Rate
|
:
|
Variable
|
CUSIP
|
:
|
83613D
AQ9
|
Class
|
:
|
M-10
|
Assumed
Maturity Date
|
:
|
July
2037
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
M-10
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class M-10 Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class M-10 Certificate does not
evidence an obligation of, or an interest in, and is not guaranteed by the
Depositor, the Servicer, or the Trustee referred to below or any of their
respective affiliates.
This
certifies that Cede & Co. is the registered owner of the Percentage Interest
evidenced by this Class M-10 Certificate (obtained by dividing the Denomination
of this Class M-10 Certificate by the Original Class Certificate Principal
Balance) in certain monthly distributions with respect to a Trust consisting
primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
(the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
Agreement dated as of July 1, 2007 (the “Agreement”) among the Depositor, Option
One Mortgage Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank,
N.A., a national banking association, as trustee (the “Trustee”). To the extent
not defined herein, the capitalized terms used herein have the meanings assigned
in the Agreement. This Class M-10 Certificate is issued under and is subject
to
the terms, provisions and conditions of the Agreement, to which Agreement the
Holder of this Class M-10 Certificate by virtue of the acceptance hereof assents
and by which such Holder is bound.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. The Holder hereof desiring to effect such transfer shall, and does
hereby agree to, indemnify the Trustee and the Depositor against any liability
that may result if the transfer is not so exempt or is not made in accordance
with such federal and state laws.
Each
holder of a Certificate or beneficial ownership therein shall be deemed to
have
made the representations set forth in Section 5.02(d) of the
Agreement.
Reference
is hereby made to the further provisions of this Class M-10 Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.
This
Class M-10 Certificate shall not be entitled to any benefit under the Agreement
or be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class M-10 Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-16
FORM
OF
CLASS C CERTIFICATES
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
OF
THE AGREEMENT REFERRED TO HEREIN.
THIS
CERTIFICATE IS SUBORDINATE TO THE CLASS I-A-1 CERTIFICATES, THE CLASS II-A-1
CERTIFICATES, THE CLASS II-A-2, THE CLASS II-A-3 CERTIFICATES, THE CLASS II-A-4
CERTIFICATES, THE CLASS A-6 CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS
M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE
CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES, THE CLASS M-7 CERTIFICATES,
THE CLASS M-8 CERTIFICATES, THE CLASS M-9 CERTIFICATES, THE CLASS M-10
CERTIFICATES, THE CLASS M-11 CERTIFICATES AND THE CLASS M-12 CERTIFICATES TO
THE
EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
HEREIN.
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT
REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED
FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE
PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.
NO
TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
PROCEDURES DESCRIBED HEREIN.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$
16,019,016.76
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$
16,019,016.76
|
Percentage
Interest
|
:
|
100.00%
|
Class
|
:
|
C
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
C
evidencing
the Percentage Interest in the distributions allocable to the Certificates
of
the above-referenced Class with respect to the Trust consisting of first lien
adjustable rate and fixed rate mortgage loans (the “Mortgage
Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class C Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class C Certificate does not evidence
an obligation of, or an interest in, and is not guaranteed by the Depositor,
the
Servicer, or the Trustee referred to below or any of their respective
affiliates.
This
certifies that Xxxxx Fargo Bank, N.A. as Indenture Trustee is the registered
owner of the Percentage Interest evidenced by this Class C Certificate (obtained
by dividing the Denomination of this Class C Certificate by the Original Class
Certificate Principal Balance) in certain distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class C Certificate is issued
under and is subject to the terms, provisions and conditions of the Agreement,
to which Agreement the Holder of this Class C Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. In the event that such a transfer is not to be made pursuant to Rule
144A of the Act, there shall be delivered to the Trustee and the Depositor
of an
Opinion of Counsel that such transfer may be made pursuant to an exemption
from
the Act, which Opinion of Counsel shall not be obtained at the expense of the
Trustee, the Servicer or the Depositor; or there shall be delivered to the
Trustee and the Depositor a transferor certificate by the transferor and an
investment letter shall be executed by the transferee. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify
the
Trustee and the Depositor against any liability that may result if the transfer
is not so exempt or is not made in accordance with such federal and state
laws.
No
transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
the
Code, any Person acting, directly or indirectly, on behalf of any such Plan
or
any person using Plan Assets to acquire this Certificate shall be made except
in
accordance with Section 5.02(d) of the Agreement.
Reference
is hereby made to the further provisions of this Class C Certificate set forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class C Certificate shall not be entitled to any benefit under the Agreement
or
be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class C Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-17
FORM
OF
CLASS P CERTIFICATE
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
OF
THE AGREEMENT REFERRED TO HEREIN.
NO
TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED
HEREIN.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Initial
Certificate Principal Balance of
this Certificate (“Denomination”)
|
:
|
$100.00
|
Original
Class Certificate Principal
Balance of this Class
|
:
|
$100.00
|
Percentage
Interest
|
:
|
100.00%
|
Class
|
:
|
P
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
P
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
Principal
in respect of this Certificate is distributable monthly as set forth herein.
Accordingly, the Certificate Principal Balance of this Class P Certificate
at
any time may be less than the Initial Certificate Principal Balance set forth
on
the face hereof, as described herein. This Class P Certificate does not evidence
an obligation of, or an interest in, and is not guaranteed by the Depositor,
the
Servicer, or the Trustee referred to below or any of their respective
affiliates.
This
certifies that Xxxxx Fargo Bank, N.A. as Indenture Trustee is the registered
owner of the Percentage Interest evidenced by this Class P Certificate (obtained
by dividing the Denomination of this Class P Certificate by the Original Class
Certificate Principal Balance) in certain distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Class P Certificate is issued
under and is subject to the terms, provisions and conditions of the Agreement,
to which Agreement the Holder of this Class P Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
This
Certificate does not have a pass-through rate and will be entitled to
distributions only to the extent set forth in the Agreement.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. In the event that such a transfer is not to be made pursuant to Rule
144A of the Act, there shall be delivered to the Trustee and the Depositor
of an
Opinion of Counsel that such transfer may be made pursuant to an exemption
from
the Act, which Opinion of Counsel shall not be obtained at the expense of the
Trustee, the Servicer or the Depositor; or there shall be delivered to the
Trustee and the Depositor a transferor certificate by the transferor and an
investment letter shall be executed by the transferee. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify
the
Trustee and the Depositor against any liability that may result if the transfer
is not so exempt or is not made in accordance with such federal and state
laws.
No
transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
the
Code, any Person acting, directly or indirectly, on behalf of any such Plan
or
any person using Plan Assets to acquire this Certificate shall be made except
in
accordance with Section 5.02(d) of the Agreement.
Reference
is hereby made to the further provisions of this Class P Certificate set forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class P Certificate shall not be entitled to any benefit under the Agreement
or
be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class P Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-18
FORM
OF
CLASS L CERTIFICATE
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
OF
THE AGREEMENT REFERRED TO HEREIN.
THIS
CLASS L CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL
NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.
NO
TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED
HEREIN.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Percentage
Interest
|
:
|
100.00%
|
Class
|
:
|
L
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
L
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
of first lien adjustable rate and fixed rate mortgage loans
(the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
This
Class L Certificate does not evidence an obligation of, or an interest in,
and
is not guaranteed by the Depositor, the Servicer, or the Trustee referred to
below or any of their respective affiliates.
This
certifies that Greenwich Capital Markets, Inc. is the registered owner of the
Percentage Interest evidenced by this Class L Certificate specified above in
certain distributions with respect to a Trust consisting primarily of the
Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”).
The Trust was created pursuant to a Pooling and Servicing Agreement dated as
of
July 1, 2007 (the “Agreement”) among the Depositor, Option One Mortgage
Corporation, as servicer (the “Servicer”), and Xxxxx Fargo Bank, N.A., a
national banking association, as trustee (the “Trustee”). To the extent not
defined herein, the capitalized terms used herein have the meanings assigned
in
the Agreement. This Class L Certificate is issued under and is subject to the
terms, provisions and conditions of the Agreement, to which Agreement the Holder
of this Class L Certificate by virtue of the acceptance hereof assents and
by
which such Holder is bound.
This
Certificate does not have a pass-through rate and will be entitled to
distributions only to the extent set forth in the Agreement.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. In the event that such a transfer is not to be made pursuant to Rule
144A of the Act, there shall be delivered to the Trustee and the Depositor
of an
Opinion of Counsel that such transfer may be made pursuant to an exemption
from
the Act, which Opinion of Counsel shall not be obtained at the expense of the
Trustee, the Servicer or the Depositor; or there shall be delivered to the
Trustee and the Depositor a transferor certificate by the transferor and an
investment letter shall be executed by the transferee. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify
the
Trustee and the Depositor against any liability that may result if the transfer
is not so exempt or is not made in accordance with such federal and state
laws.
No
transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
the
Code, any Person acting, directly or indirectly, on behalf of any such Plan
or
any person using Plan Assets to acquire this Certificate shall be made except
in
accordance with Section 5.02(d) of the Agreement.
Reference
is hereby made to the further provisions of this Class L Certificate set forth
on the reverse hereof, which further provisions shall for all purposes have
the
same effect as if set forth at this place.
This
Class L Certificate shall not be entitled to any benefit under the Agreement
or
be valid for any purpose unless manually countersigned by an authorized
signatory of the Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class L Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-19
FORM
OF
CLASS R CERTIFICATE
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
OF
THE AGREEMENT REFERRED TO HEREIN.
THIS
CLASS R CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL
NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.
NEITHER
THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
TRANSFEREE DELIVERS TO THE TRUSTEE A TRANSFER AFFIDAVIT IN ACCORDANCE WITH
THE
PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.
NO
TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED
HEREIN.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Percentage
Interest
|
:
|
100.00%
|
Class
|
:
|
R
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
R
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
primarily of a pool of first lien adjustable rate and fixed
rate mortgage loans (the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
This
Certificate does not evidence an obligation of, or an interest in, and is not
guaranteed by the Depositor, the Servicer or the Trustee referred to below
or
any of their respective affiliates.
This
certifies that GREENWICH CAPITAL MARKETS, INC. is the registered owner of the
Percentage Interest evidenced by this Certificate specified above in the
interest represented by all Certificates of the Class to which this Certificate
belongs in a Trust consisting primarily of the Mortgage Loans deposited by
Financial Asset Securities Corp. (the “Depositor”). The Trust was created
pursuant to a Pooling and Servicing Agreement dated as of July 1, 2007 (the
“Agreement”) among the Depositor, Option One Mortgage Corporation, as servicer
(the “Servicer”), and Xxxxx Fargo Bank, N.A., a national banking association, as
trustee (the “Trustee”). To the extent not defined herein, the capitalized terms
used herein have the meanings assigned in the Agreement. This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement, to which Agreement the Holder of this Certificate by virtue of the
acceptance hereof assents and by which such Holder is bound.
This
Certificate does not have a principal balance or pass-through rate and will
be
entitled to distributions only to the extent set forth in the Agreement. In
addition, any distribution of the proceeds of any remaining assets of the Trust
will be made only upon presentment and surrender of this Certificate at the
Office or the office or agency maintained by the Trustee.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. In the event that such a transfer is not to be made pursuant to Rule
144A of the Act, there shall be delivered to the Trustee and the Depositor
of an
Opinion of Counsel that such transfer may be made pursuant to an exemption
from
the Act, which Opinion of Counsel shall not be obtained at the expense of the
Trustee, the Servicer or the Depositor; or there shall be delivered to the
Trustee and the Depositor a transferor certificate by the transferor and an
investment letter shall be executed by the transferee. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify
the
Trustee and the Depositor against any liability that may result if the transfer
is not so exempt or is not made in accordance with such federal and state
laws.
No
transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
the
Code, any Person acting, directly or indirectly, on behalf of any such Plan
or
any person using Plan Assets to acquire this Certificate shall be made except
in
accordance with Section 5.02(d) of the Agreement.
Each
Holder of this Certificate will be deemed to have agreed to be bound by the
restrictions of the Agreement, including but not limited to the restrictions
that (i) each person holding or acquiring any Ownership Interest in this
Certificate must be a Permitted Transferee, (ii) no Ownership Interest in this
Certificate may be transferred without delivery to the Trustee of (a) a transfer
affidavit of the proposed transferee and (b) a transfer certificate of the
transferor, each of such documents to be in the form described in the Agreement,
(iii) each person holding or acquiring any Ownership Interest in this
Certificate must agree to require a transfer affidavit and to deliver a transfer
certificate to the Trustee as required pursuant to the Agreement, (iv) each
person holding or acquiring an Ownership Interest in this Certificate must
agree
not to transfer an Ownership Interest in this Certificate if it has actual
knowledge that the proposed transferee is not a Permitted Transferee and (v)
any
attempted or purported transfer of any Ownership Interest in this Certificate
in
violation of such restrictions will be absolutely null and void and will vest
no
rights in the purported transferee. Pursuant to the Agreement, The Trustee
will
provide the Internal Revenue Service and any pertinent persons with the
information needed to compute the tax imposed under the applicable tax laws
on
transfers of residual interests to disqualified organizations, if any person
other than a Permitted Transferee acquires an Ownership Interest on a Class
R
Certificate in violation of the restrictions mentioned above.
Reference
is hereby made to the further provisions of this Certificate set forth on the
reverse hereof, which further provisions shall for all purposes have the same
effect as if set forth at this place.
This
Certificate shall not be entitled to any benefit under the Agreement or be
valid
for any purpose unless manually countersigned by an authorized officer of the
Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class R Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2 Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
A-20
FORM
OF
CLASS R-X CERTIFICATES
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986,
AS
AMENDED (THE “CODE”).
THIS
CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
OF
THE AGREEMENT REFERRED TO HEREIN.
THIS
CLASS R-X CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND
WILL
NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.
NEITHER
THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
TRANSFEREE DELIVERS TO THE TRUSTEE A TRANSFER AFFIDAVIT IN ACCORDANCE WITH
THE
PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.
NO
TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED
HEREIN.
Certificate
No.
|
:
|
1
|
Cut-off
Date
|
:
|
July
1, 2007
|
First
Distribution Date
|
:
|
August
27, 2007
|
Percentage
Interest
|
:
|
100.00%
|
Class
|
:
|
R-X
|
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
Series
2007-OPT2
CLASS
R-X
evidencing
the Percentage Interest in the distributions allocable to the
Certificates of the above-referenced Class with respect to the Trust consisting
primarily of a pool of first lien adjustable rate and fixed
rate mortgage loans (the “Mortgage Loans”)
FINANCIAL
ASSET SECURITIES CORP., AS DEPOSITOR
This
Certificate does not evidence an obligation of, or an interest in, and is not
guaranteed by the Depositor, the Servicer or the Trustee referred to below
or
any of their respective affiliates.
This
certifies that MKM I CORP. is the registered owner of the Percentage Interest
evidenced by this Certificate specified above in the interest represented by
all
Certificates of the Class to which this Certificate belongs in a Trust
consisting primarily of the Mortgage Loans deposited by Financial Asset
Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
and Servicing Agreement dated as of July 1, 2007 (the “Agreement”) among the
Depositor, Option One Mortgage Corporation, as servicer (the “Servicer”), and
Xxxxx Fargo Bank, N.A., a national banking association, as trustee (the
“Trustee”). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Agreement. This Certificate is issued under
and is subject to the terms, provisions and conditions of the Agreement, to
which Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.
This
Certificate does not have a principal balance or pass-through rate and will
be
entitled to distributions only to the extent set forth in the Agreement. In
addition, any distribution of the proceeds of any remaining assets of the Trust
will be made only upon presentment and surrender of this Certificate at the
Office or the office or agency maintained by the Trustee.
No
transfer of a Certificate of this Class shall be made unless such transfer
is
made pursuant to an effective registration statement under the Act and any
applicable state securities laws or is exempt from the registration requirements
under said Act and such laws. In the event that a transfer is to be made in
reliance upon an exemption from the Act and such laws, in order to assure
compliance with the Act and such laws, the Certificateholder desiring to effect
such transfer and such Certificateholder’s prospective transferee shall each
certify to the Trustee and the Depositor in writing the facts surrounding the
transfer. In the event that such a transfer is not to be made pursuant to Rule
144A of the Act, there shall be delivered to the Trustee and the Depositor
of an
Opinion of Counsel that such transfer may be made pursuant to an exemption
from
the Act, which Opinion of Counsel shall not be obtained at the expense of the
Trustee, the Servicer or the Depositor; or there shall be delivered to the
Trustee and the Depositor a transferor certificate by the transferor and an
investment letter shall be executed by the transferee. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify
the
Trustee and the Depositor against any liability that may result if the transfer
is not so exempt or is not made in accordance with such federal and state
laws.
No
transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
the
Code, any Person acting, directly or indirectly, on behalf of any such Plan
or
any person using Plan Assets to acquire this Certificate shall be made except in
accordance with Section 5.02(d) of the Agreement.
Each
Holder of this Certificate will be deemed to have agreed to be bound by the
restrictions of the Agreement, including but not limited to the restrictions
that (i) each person holding or acquiring any Ownership Interest in this
Certificate must be a Permitted Transferee, (ii) no Ownership Interest in this
Certificate may be transferred without delivery to the Trustee of (a) a transfer
affidavit of the proposed transferee and (b) a transfer certificate of the
transferor, each of such documents to be in the form described in the Agreement,
(iii) each person holding or acquiring any Ownership Interest in this
Certificate must agree to require a transfer affidavit and to deliver a transfer
certificate to the Trustee as required pursuant to the Agreement, (iv) each
person holding or acquiring an Ownership Interest in this Certificate must
agree
not to transfer an Ownership Interest in this Certificate if it has actual
knowledge that the proposed transferee is not a Permitted Transferee and (v)
any
attempted or purported transfer of any Ownership Interest in this Certificate
in
violation of such restrictions will be absolutely null and void and will vest
no
rights in the purported transferee. Pursuant to the Agreement, The Trustee
will
provide the Internal Revenue Service and any pertinent persons with the
information needed to compute the tax imposed under the applicable tax laws
on
transfers of residual interests to disqualified organizations, if any person
other than a Permitted Transferee acquires an Ownership Interest on a Class
R-X
Certificate in violation of the restrictions mentioned above.
Reference
is hereby made to the further provisions of this Certificate set forth on the
reverse hereof, which further provisions shall for all purposes have the same
effect as if set forth at this place.
This
Certificate shall not be entitled to any benefit under the Agreement or be
valid
for any purpose unless manually countersigned by an authorized officer of the
Trustee.
IN
WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate
to be duly executed.
Dated:
July __, 2007
SOUNDVIEW
HOME LOAN TRUST 2007-OPT2
XXXXX
FARGO BANK, N.A., not in its individual capacity, but solely as
Trustee
|
||
By:
|
This
is
one of the Certificates referenced
in
the
within-mentioned Agreement
By:__________________________________________
Authorized
Signatory of
Xxxxx
Fargo Bank, N.A.,
as
Trustee
[Reverse
of Class R-X Certificate]
Soundview
Home Loan Trust 2007-OPT2
Asset-Backed
Certificates,
SERIES
2007-OPT2
This
Certificate is one of a duly authorized issue of Certificates designated as
Soundview Home Loan Trust 2007-OPT2, Asset-Backed Certificates, Series 2007-OPT2
(herein collectively called the “Certificates”), and representing a beneficial
ownership interest in the Trust created by the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it will
look solely to the funds on deposit in the Distribution Account for payment
hereunder and that the Trustee is not liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is made
to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced thereby, and the rights, duties and immunities
of the Trustee.
Pursuant
to the terms of the Agreement, a distribution will be made on the 25th day
of
each month or, if such 25th day is not a Business Day, then the Business Day
immediately following such Distribution Date (the “Distribution Date”),
commencing on the first Distribution Date specified on the face hereof, to
the
Person in whose name this Certificate is registered at the close of business
on
the applicable Record Date in an amount equal to the product of the Percentage
Interest evidenced by this Certificate and the amount required to be distributed
to Holders of Certificates of the Class to which this Certificate belongs on
such Distribution Date pursuant to the Agreement.
Distributions
on this Certificate shall be made by check or money order mailed to the address
of the person entitled thereto as it appears on the Certificate Register or
by
wire transfer or otherwise, as set forth in the Agreement. The final
distribution on each Certificate will be made in like manner, but only upon
presentment and surrender of such Certificate at the office of the Trustee
or
the Trustee’s agent specified in the notice to Certificateholders of such final
distribution.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Trustee and
the rights of the Certificateholders under the Agreement at any time by the
Depositor, the Servicer and the Trustee and of Holders of the requisite
percentage of the Percentage Interests of each Class of Certificates affected
by
such amendment, as specified in the Agreement. Any such consent by the Holder
of
this Certificate shall be conclusive and binding on such Holder and upon all
future Holders of this Certificate and of any Certificate issued upon the
transfer hereof or in exchange therefor or in lieu hereof whether or not
notation of such consent is made upon this Certificate. The Agreement also
permits the amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set forth,
the transfer of this Certificate is registrable in the Certificate Register
of
the Certificate Registrar upon surrender of this Certificate for registration
of
transfer at the offices or agencies of the Trustee as provided in the Pooling
and Servicing Agreement accompanied by a written instrument of transfer in
form
satisfactory to the Trustee and the Certificate Registrar duly executed by
the
holder hereof or such holder’s attorney duly authorized in writing, and
thereupon one or more new Certificates of the same Class in authorized
denominations and evidencing the same aggregate Percentage Interest in the
Trust
will be issued to the designated transferee or transferees.
The
Certificates are issuable only as registered Certificates without coupons in
denominations specified in the Agreement. As provided in the Agreement and
subject to certain limitations therein set forth, Certificates are exchangeable
for new Certificates of the same Class in authorized denominations and
evidencing the same aggregate Percentage Interest, as requested by the Holder
surrendering the same.
No
service charge will be made for any such registration of transfer or exchange,
but the Trustee may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.
The
Depositor, the Servicer and the Trustee and any agent of the Depositor, the
Servicer or the Trustee may treat the Person in whose name this Certificate
is
registered as the owner hereof for all purposes, and none of the Depositor,
the
Trustee, the Servicer or any such agent shall be affected by any notice to
the
contrary.
On
any
Distribution Date following the date at which the remaining aggregate Principal
Balance of the Mortgage Loans is less than 10% of the Principal Balance of
the
Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
in
whole, from the Trust the Mortgage Loans at a purchase price determined as
provided in the Agreement. In the event that no such optional termination
occurs, the obligations and responsibilities created by the Agreement will
terminate upon notice to the Trustee upon the earliest of (i) the Distribution
Date on which the Certificate Principal Balances of the Regular Certificates
have been reduced to zero, (ii) the final payment or other liquidation of the
last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicer
of
the Mortgage Loans as described in the Agreement and (iv) the Distribution
Date
in July 2037.
Capitalized
terms used herein that are defined in the Agreement shall have the meanings
ascribed to them in the Agreement, and nothing herein shall be deemed
inconsistent with that meaning.
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto
(Please
print or typewrite name and address including postal zip code of
assignee)
the
Percentage Interest evidenced by the within Certificate and hereby authorizes
the transfer of registration of such Percentage Interest to assignee on the
Certificate Register of the Trust.
I
(We)
further direct the Trustee to issue a new Certificate of a like denomination
and
Class, to the above named assignee and deliver such Certificate to the following
address:
Dated:_________________
DISTRIBUTION
INSTRUCTIONS
The
assignee should include the following for purposes of distribution:
Distributions
shall be made, by
wire transfer or otherwise, in immediately available
|
|||||||
funds
to
|
|||||||
for
the account of
|
|||||||
account
number
|
or,
if mailed by check, to
|
||||||
Applicable
statements should be mailed to
|
|||||||
This
information is provided
by
|
|||||||
assignee
named above, or
|
|||||||
its
agent.
|
EXHIBIT
B
[RESERVED]
EXHIBIT
C
FORM
OF
ASSIGNMENT AGREEMENT
ASSIGNMENT
AND RECOGNITION AGREEMENT
THIS
ASSIGNMENT AND RECOGNITION AGREEMENT, dated July 10, 2007, (“Agreement”)
among Greenwich Capital Financial Products, Inc. (“Assignor”), Financial
Asset Securities Corp. (“Assignee”) and Option One Mortgage Corporation
(the “Company”):
For
and
in consideration of the sum of TEN DOLLARS ($10.00) and other valuable
consideration the receipt and sufficiency of which hereby are acknowledged,
and
of the mutual covenants herein contained, the parties hereto hereby agree as
follows:
Assignment
and Conveyance
1. The
Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee
(x) all of the right, title and interest of the Assignor, as purchaser, in,
to
and under (a) those certain Mortgage Loans listed as being originated by the
Company on the schedule (the “Mortgage Loan Schedule”) attached hereto as
Exhibit A (the “Mortgage Loans”) and (b) except as described below, that
certain Amended and Restated Master Mortgage Loan Purchase and Interim Servicing
Agreement dated as of March 1, 2005, as amended (the “Purchase
Agreement”), between the Assignor, as purchaser (the “Purchaser”),
and the Company, as seller and the related Assignment and Conveyance Agreement
(attached hereto as Exhibit B), solely insofar as the Purchase Agreement relates
to the Mortgage Loans and (y) other than as provided below with respect to
the
enforcement of representations and warranties, none of the obligations of the
Assignor under the Purchase Agreement.
The
Assignor specifically reserves and does not assign to the Assignee hereunder
any
and all right, title and interest in, to and under and any obligations of the
Assignor with respect to any mortgage loans subject to the Purchase Agreement
which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and
are
not the subject of this Agreement.
Recognition
of the Company
2. From
and
after the date hereof, the Company shall and does hereby recognize that the
Assignee will transfer the Mortgage Loans and assign its rights under the
Purchase Agreement (solely to the extent set forth herein) and this Agreement
to
Soundview Home Loan Trust 2007-OPT2 (the “Trust”) created pursuant to a
Pooling and Servicing Agreement, dated as of July 1, 2007 (the “Pooling
Agreement”), among the Assignee, Xxxxx Fargo Bank, N.A., as trustee
(including its successors in interest and any successor trustees under the
Pooling Agreement, the “Trustee”), Option One Mortgage Corporation, as
servicer (including its successors in interest and any successor servicer under
the Pooling Agreement, the “Servicer”). The Company hereby
acknowledges and agrees that from and after the date hereof (i) the Trust
will be the owner of the Mortgage Loans, (ii) the Company shall look solely
to the Trust for performance of any obligations of the Assignor insofar as
they
relate to the enforcement of the representations, warranties and covenants
with
respect to the Mortgage Loans, (iii) the Trust (including the
Trustee and the Servicer acting on the Trust’s behalf) shall have all the rights
and remedies available to the Assignor, insofar as they relate to the Mortgage
Loans, under the Purchase Agreement, including, without limitation, the
enforcement of the document delivery requirements and remedies with respect
to
breaches of representations and warranties set forth in the Purchase Agreement,
and shall be entitled to enforce all of the obligations of the Company
thereunder insofar as they relate to the Mortgage Loans, and (iv) all
references to the Purchaser (insofar as they relate to the rights, title and
interest and, with respect to obligations of the Purchaser, only insofar as
they
relate to the enforcement of the representations, warranties and covenants
of
the Company) or the Custodian under the Purchase Agreement insofar as they
relate to the Mortgage Loans, shall be deemed to refer to the Trust (including
the Trustee and the Servicer acting on the Trust’s behalf). Neither
the Company nor the Assignor shall amend or agree to amend, modify, waiver,
or
otherwise alter any of the terms or provisions of the Purchase Agreement which
amendment, modification, waiver or other alteration would in any way affect
the
Mortgage Loans or the Company’s performance under the Purchase Agreement with
respect to the Mortgage Loans without the prior written consent of the
Trustee.
Representations
and Warranties of the Company
3. The
Company warrants and represents to the Assignor, the Assignee and the Trust
as
of the date hereof that:
(a) The
Company is duly organized, validly existing and in good standing under the
laws
of the jurisdiction of its incorporation;
(b) The
Company has full power and authority to execute, deliver and perform its
obligations under this Agreement and has full power and authority to perform
its
obligations under the Purchase Agreement. The execution by the Company of this
Agreement is in the ordinary course of the Company’s business and will not
conflict with, or result in a breach of, any of the terms, conditions or
provisions of the Company’s charter or bylaws or any legal restriction, or any
material agreement or instrument to which the Company 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 the Company or its property is subject. The
execution, delivery and performance by the Company of this Agreement have been
duly authorized by all necessary corporate action on part of the Company. This
Agreement has been duly executed and delivered by the Company, and, upon the
due
authorization, execution and delivery by the Assignor and the Assignee, will
constitute the valid and legally binding obligation of the Company, enforceable
against the Company 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;
(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
the Company in connection with the execution, delivery or performance by the
Company of this Agreement; and
(d) There
is no action, suit, proceeding or investigation pending or threatened against
the Company, before any court, administrative agency or other tribunal, which
would draw into question the validity of this Agreement or the Purchase
Agreement, or which, either in any one instance or in the aggregate, would
result in any material adverse change in the ability of the Company to perform
its obligations under this Agreement or the Purchase Agreement, and the Company
is solvent.
4. Pursuant
to Section 12 of the Purchase Agreement, the Company hereby represents and
warrants, for the benefit of the Assignor, the Assignee and the Trust, that
the
representations and warranties set forth in Sections 7.01 and 7.04 of the
Purchase Agreement, are true and correct as of the date hereof as if such
representations and warranties were made on the date hereof, except that the
representation and warranty set forth in Section 7.04(i) shall, for
purposes of this Agreement, relate to the Mortgage Loan Schedule attached
hereto.
In
addition, the Company hereby agrees that within 5 Business Days after request
by
the Assignee therefor, it shall provide copies of the Mortgage File and the
Servicing File to the extent the Company has possession thereof, to the Assignee
or shall permit examination thereof at the Company’s offices or such other
location as shall otherwise be agreed upon by the Assignee. The
Assignee shall pay any costs and expenses of the Company (or its agent) incurred
in connection with the provision or examination of any such Mortgage File and
Servicing File requested pursuant to this Section.
Remedies
for Breach of Representations and Warranties
5. The
Assignor hereby makes the following representations, warranties and covenants
as
of the date hereof:
(a) Each
Mortgage Loan at the time it was made complied in all material respects with
applicable local, state, and federal laws, including, but not limited to, all
applicable predatory and abusive and/or usury lending laws;
(b) None
of the mortgage loans are High Cost as defined by any applicable predatory
and
abusive lending laws;
(c) No
Mortgage Loan is a high cost loan or a covered loan, as applicable (as such
terms are defined in the then current Standard & Poor’s LEVELS Glossary,
Appendix E);
(d) No
Group I Mortgage Loan is secured by manufactured housing;
(e) No
first lien Group I Mortgage Loan has an original principal balance that exceeds
the applicable Xxxxxxx Mac loan limit;
(f) (i)
No second lien Group I Mortgage Loan has an original principal balance that
exceeds one-half of the one-unit limitation for first lien mortgage loans,
i.e.,
$208,500 (in Alaska, Guam, Hawaii or Virgin Islands: $312,750), without regard
to the number of units and (ii) the original principal balance of the first
lien
mortgage loan plus the original principal balance of any second lien Group
I
Mortgage Loan relating to the same mortgaged property does not exceed the
applicable Xxxxxxx Mac loan limit for first lien mortgage loans for that
property type;
(g) No
Group I Mortgage Loan is located anywhere except the continental United States,
Alaska, Hawaii, Puerto Rico, the Virgin Islands or Guam;
(h) As
of the Cut-off Date, no Group I Mortgage Loan seasoned more than one year;
and
(i) No
Mortgage Loan on or after October 1, 2002 through March 6, 2003 is governed
by
the Georgia Fair Lending Act.
6. The
Company hereby acknowledges and agrees that the remedies available to the
Assignor, the Assignee and the Trust (including the Trustee and the Servicer
acting on the Trust’s behalf) in connection with any breach of the
representations and warranties made by the Company set forth in Sections 3
and 4
hereof shall be as set forth in Subsection 7.05 of the Purchase Agreement
as if they were set forth herein (including without limitation the repurchase
and indemnity obligations set forth therein).
The
Assignor hereby acknowledges and agrees that the remedies available to the
Assignee and the Trust (including the Trustee and the Servicer acting on the
Trust’s behalf) in connection with any breach of the representations and
warranties made by the Assignor set forth in Section 5 hereof shall be as set
forth in Section 2.03 of the Pooling and Servicing Agreement as if they were
set
forth herein (including without limitation the repurchase and indemnity
obligations set forth therein). In addition, the Assignor hereby
acknowledges and agrees that a breach of any of the representations and
warranties set forth in Section 5(d), (e), (f) and (g) will be deemed to
materially and adversely affect the value of the related Mortgage Loan or the
interest of the Assignee therein.
Miscellaneous
7. This
Agreement shall be construed in accordance with the laws of the State of New
York, without regard to conflicts of law principles, and the obligations, rights
and remedies of the parties hereunder shall be determined in accordance with
such laws.
8. 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, with the prior written consent of the
Trustee.
9. This
Agreement shall inure to the benefit of (i) the successors and assigns of the
parties hereto and (ii) the Trust (including the Trustee and the Servicer acting
on the Trust’s behalf). Any entity into which Assignor, Assignee or Company may
be merged or consolidated shall, without the requirement for any further
writing, be deemed Assignor, Assignee or Company, respectively,
hereunder.
10. Each
of
this Agreement and the Purchase Agreement shall survive the conveyance of the
Mortgage Loans and the assignment of the Purchase Agreement (to the extent
assigned hereunder) by Assignor to Assignee and by Assignee to the Trust and
nothing contained herein shall supersede or amend the terms of the Purchase
Agreement.
11. 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.
12. In
the
event that any provision of this Agreement conflicts with any provision of
the
Purchase Agreement with respect to the Mortgage Loans, the terms of this
Agreement shall control.
13. Capitalized
terms used in this Agreement (including the exhibits hereto) but not
defined in this Agreement shall have the meanings given to such terms in the
Purchase Agreement.
[SIGNATURE
PAGE FOLLOWS]
IN
WITNESS WHEREOF, the parties have caused this Agreement to be executed by their
duly authorized officers as of the date first above written.
GREENWICH
CAPITAL FINANCIAL PRODUCTS, INC.
|
|||||||||||||
By:
|
|||||||||||||
Name:
|
|||||||||||||
Its:
|
FINANCIAL
ASSET SECURITIES CORP.
|
|||||||||||||
By:
|
|||||||||||||
Name:
|
|||||||||||||
Its:
|
OPTION
ONE MORTGAGE CORPORATION
|
|||||||||||||
By:
|
|||||||||||||
Name:
|
|||||||||||||
Its:
|
EXHIBIT
A
MORTGAGE
LOAN SCHEDULE
SEE
EXHIBIT D TO POOLING AND SERVICING AGREEMENT
EXHIBIT
B
ASSIGNMENT
AND CONVEYANCE AGREEMENT
SCHEDULE
I
Capitalized
terms used in this Schedule I but not defined in this Agreement shall have
the
meanings given to such terms in the Purchase Agreement.
The
Company represents, warrants and covenants to the Initial Purchaser and to
any
subsequent Purchaser as of the initial Closing Date and each subsequent Closing
Date or as of such date specifically provided herein or in the applicable
Assignment and Conveyance:
(i) The
Company is duly organized, validly existing and in good standing under the
laws
of the state of California and has all licenses necessary to carry on its
business as now being conducted. It is licensed in, qualified to transact
business in and is in good standing under the laws of the state in which any
Mortgaged Property is located and is and will remain in compliance with the
laws
of each state in which any Mortgaged Property is located to the extent necessary
to ensure the enforceability of each Mortgage Loan and the servicing of the
Mortgage Loan in accordance with the terms of this Agreement. No licenses or
approvals obtained by Company have been suspended or revoked by any court,
administrative agency, arbitrator or governmental body and no proceedings are
pending which might result in such suspension or revocation;
(ii) The
Company has the full power and authority to hold the related Mortgage Loan,
to
sell the related Mortgage Loan, and to execute, deliver and perform, and to
enter into and consummate, all transactions contemplated by this Agreement.
The
Company has duly authorized the execution, delivery and performance of this
Agreement, has duly executed and delivered this Agreement, and this Agreement,
assuming due authorization, execution and delivery by the Purchaser, constitutes
a legal, valid and binding obligation of the Company, enforceable against it
in
accordance with its terms except as the enforceability thereof may be limited
by
bankruptcy, insolvency or reorganization;
(iii) The
execution and delivery of this Agreement by the Company and the performance
of
and compliance with the terms of this Agreement will not violate the Company's
articles of incorporation or by-laws or constitute a default under or result
in
a breach or acceleration of, any material contract, agreement or other
instrument to which the Company is a party or which may be applicable to the
Company or its assets;
(iv) The
Company is not in violation of, and the execution and delivery of this Agreement
by the Company and its performance and compliance with the terms of this
Agreement will not constitute a violation with respect to, any order or decree
of any court or any order or regulation of any federal, state, municipal or
governmental agency having jurisdiction over the Company or its assets, which
violation might have consequences that would materially and adversely affect
the
condition (financial or otherwise) or the operation of the Company or its assets
or might have consequences that would materially and adversely affect the
performance of its obligations and duties hereunder;
(v) The
Company is an approved seller/servicer for FNMA and FHLMC in good standing
and
is a HUD approved mortgagee pursuant to Section 203 of the National Housing
Act. No event has occurred, including but not limited to a change in insurance
coverage, which would make the Company unable to comply with FNMA, FHLMC or
HUD
eligibility requirements or which would require notification to FNMA, FHLMC
or
HUD;
(vi) The
Company does not believe, nor does it have any reason or cause to believe,
that
it cannot perform each and every covenant contained in this
Agreement;
(vii) The
Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents
required to be delivered with respect to each Mortgage Loan pursuant to the
Custodial Agreement, have been delivered to the Custodian all in compliance
with
the specific requirements of the Custodial Agreement. With respect to each
Mortgage Loan, the Company is in possession of a complete Mortgage File in
compliance with Exhibit 5, except for such documents as have been
delivered to the Custodian;
(viii) Immediately
prior to the payment of the Purchase Price for each Mortgage Loan, the Company
was the owner of record of the related Mortgage and the indebtedness evidenced
by the related Mortgage Note and upon the payment of the Purchase Price by
the
Purchaser, in the event that the Company retains record title, the Company
shall
retain such record title to each Mortgage, each related Mortgage Note and the
related Mortgage Files with respect thereto in trust for the Purchaser as the
owner thereof and only for the purpose of servicing and supervising the
servicing of each Mortgage Loan;
(ix) There
are
no actions or proceedings against, or investigations of, the Company before
any
court, administrative agency or other tribunal (A) that might prohibit its
entering into this Agreement, (B) seeking to prevent the sale of the Mortgage
Loans or the consummation of the transactions contemplated by this Agreement
or
(C) that might prohibit or materially and adversely affect the performance
by
the Company of its obligations under, or the validity or enforceability of,
this
Agreement;
(x) No
consent, approval, authorization or order of any court or governmental agency
or
body is required for the execution, delivery and performance by the Company
of,
or compliance by the Company with, this Agreement or the consummation of the
transactions contemplated by this Agreement, except for such consents,
approvals, authorizations or orders, if any, that have been obtained prior
to
the related Closing Date;
(xi) The
consummation of the transactions contemplated by this Agreement are in the
ordinary course of business of the Company, and the transfer, assignment and
conveyance of the Mortgage Notes and the Mortgages by the Company pursuant
to
this Agreement are not subject to the bulk transfer or any similar statutory
provisions;
(xii) The
information delivered by the Company to the Purchaser with respect to the
Company's loan loss, foreclosure and delinquency experience for the twelve
(12)
months immediately preceding the Initial Closing Date on mortgage loans
underwritten to the same standards as the Mortgage Loans and covering mortgaged
properties similar to the Mortgaged Properties, is true and correct in all
material respects;
(xiii) Neither
this Agreement nor any written statement, report or other document prepared
and
furnished or to be prepared and furnished by the Company pursuant to this
Agreement or in connection with the transactions contemplated hereby contains
any untrue statement of material fact or omits to state a material fact
necessary to make the statements contained herein or therein not
misleading;
(xiv) The
transfer of the Mortgage Loans shall be treated as a sale on the books and
records of Company, and Company has determined that, and will treat, the
disposition of the Mortgage Loans pursuant to this Agreement for tax and
accounting purposes as a sale. Company shall maintain complete records for
each
Mortgage Loan which shall be clearly marked to reflect the ownership of each
Mortgage Loan by Purchaser;
(xv) The
consideration received by the Company upon the sale of the Mortgage loans
constitutes fair consideration and reasonably equivalent value for such Mortgage
Loans;
(xvi) Company
is solvent and will not be rendered insolvent by the consummation of the
transactions contemplated hereby. The Company is not transferring any
Mortgage loan with any intent to hinder, delay or defraud any of its
creditors;
(xvii) The
Company is a member of MERS in good standing, will comply in all material
respects with the rules and procedures of MERS in connection with the servicing
of the Mortgage Loans that are registered with MERS and is current in payment
of
all fees and assessments imposed by MERS;
(xviii) The
Company will comply in all material respects with the rules and procedures
of
MERS in connection with the servicing of the Mortgage Loans that are registered
with MERS; and
(xix) The
Company has not dealt with any broker, investment banker, agent or other person
that may be entitled to any commission or compensation in connection with the
sale of the Mortgage Loans.
The
Company hereby represents and warrants to the Initial Purchaser and to any
subsequent Purchaser that, as to each Mortgage Loan, as of the related Closing
Date for such Mortgage Loan:
(i) The
information set forth in the related Mortgage Loan Schedule is complete, true
and correct;
(ii) Reserved;
(iii) Except
with respect to payments not yet 30 days past due, all payments required to
be
made up to the close of business on the related Closing Date for such Mortgage
Loan under the terms of the Mortgage Note have been made; the Company has not
advanced funds, or induced, solicited or knowingly received any advance of
funds
from a party other than the owner of the related Mortgaged Property, directly
or
indirectly, for the payment of any amount required by the Mortgage Note or
Mortgage; and except with respect to payments not yet 30 days past
due, there has been no delinquency, exclusive of any period of grace,
in any payment by the Mortgagor thereunder since the origination of the Mortgage
Loan;
(iv) As
of the
origination date of the Mortgage Loan there were no delinquent taxes, ground
rents, water charges, sewer rents, assessments, insurance premiums, leasehold
payments, including assessments payable in future installments or other
outstanding charges affecting the related Mortgaged Property, and as of the
related Closing Date there are no delinquent taxes, insurance premiums, or
other
outstanding charges jeopardizing the lien position of the Mortgage Loan, and
to
the best knowledge of the Company, as of the Closing Date, there are no ground
rents, water charges, sewer rents, assessments, leasehold payments, including
assessments payable in future installments or other outstanding charges
affecting the related Mortgaged Property;
(v) The
terms
of the Mortgage Note and the Mortgage have not been impaired, waived, altered
or
modified in any respect, except by written instruments, recorded in the
applicable public recording office if necessary to maintain the lien priority
of
the Mortgage, and which have been delivered to the Custodian; the substance
of
any such waiver, alteration or modification has been approved by the title
insurer, to the extent required by the related policy, and is reflected on
the
related Mortgage Loan Schedule. No instrument of waiver, alteration or
modification has been executed, and no Mortgagor has been released, in whole
or
in part, except in connection with an assumption agreement approved by the
title
insurer, to the extent required by the policy, and which assumption agreement
has been delivered to the Custodian and the terms of which are reflected in
the
related Mortgage Loan Schedule;
(vi) The
Mortgage Note and the Mortgage are not subject to any right of rescission,
set-off, counterclaim or defense, including the defense of usury, nor will
the
operation of any of the terms of the Mortgage Note and the Mortgage, or the
exercise of any right thereunder, render the Mortgage unenforceable, in whole
or
in part, or subject to any right of rescission, set-off, counterclaim or
defense, including the defense of usury and no such right of rescission,
set-off, counterclaim or defense has been asserted with respect thereto and
there is no basis for the Mortgage Loan to be modified or reformed without
the
consent of the Mortgagor under applicable law. Each Prepayment Charge
or penalty with respect to any Mortgage Loan is permissible, enforceable and
collectible under applicable federal, state and local law;
(vii) All
buildings upon the Mortgaged Property are insured by a Qualified Insurer
acceptable to FNMA and FHLMC against loss by fire, hazards of extended coverage
and such other hazards as are customary in the area where the Mortgaged Property
is located, pursuant to insurance policies providing coverage in an amount
not
less than the greatest of (i) 100% of the replacement cost of all improvements
to the Mortgaged Property, (ii) either (A) the outstanding principal balance
of
the Mortgage Loan with respect to each first lien Mortgage Loan or (B) with
respect to each second lien Mortgage Loan, the sum of the outstanding principal
balance of the first lien Mortgage Loan and the outstanding principal balance
of
the second lien Mortgage Loan, (iii) the amount necessary to avoid the operation
of any co-insurance provisions with respect to the Mortgaged Property, and
consistent with the amount that would have been required as of the date of
origination in accordance with the Underwriting Guidelines or (iv) the amount
necessary to fully compensate for any damage or loss to the improvements that
are a part of such property on a replacement cost basis. All such
insurance policies contain a standard mortgagee clause naming the Company,
its
successors and assigns as mortgagee and all premiums thereon have been
paid. If the Mortgaged Property is in an area identified on a Flood
Hazard Map or Flood Insurance Rate Map issued by the Federal Emergency
Management Agency as having special flood hazards (and such flood insurance
has
been made available) a flood insurance policy meeting the requirements of the
current guidelines of the Federal Insurance Administration is in effect which
policy conforms to the requirements of FNMA and FHLMC. The Mortgage obligates
the Mortgagor thereunder to maintain all such insurance at the Mortgagor's
cost
and expense, and on the Mortgagor's failure to do so, authorizes the holder
of
the Mortgage to maintain such insurance at Mortgagor's cost and expense and
to
seek reimbursement therefor from the Mortgagor;
(viii) Any
and
all requirements of any federal, state or local law including, without
limitation, usury, truth in lending, real estate settlement procedures,
predatory and abusive lending, consumer credit protection, equal credit
opportunity, fair housing or disclosure laws applicable to the origination
and
servicing of mortgage loans of a type similar to the Mortgage Loans and
applicable to any prepayment penalty associated with the Mortgage Loans at
origination have been complied with;
(ix) The
Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole
or in part, and the Mortgaged Property has not been released from the lien
of
the Mortgage, in whole or in part, nor has any instrument been executed that
would effect any such satisfaction, cancellation, subordination, rescission
or
release;
(x) The
Mortgage (including any Negative Amortization which may arise thereunder) is
a
valid, existing and enforceable (A) first lien and first priority security
interest with respect to each Mortgage Loan which is indicated by the Company
to
be a first lien (as reflected on the Mortgage Loan Schedule), or (B) second
lien
and second priority security interest with respect to each Mortgage Loan which
is indicated by the Company to be a second lien (as reflected on the Mortgage
Loan Schedule), in either case, on the Mortgaged Property, including all
improvements on the Mortgaged Property subject only to (a) the lien of current
real property taxes and assessments not yet due and payable, (b) covenants,
conditions and restrictions, rights of way, easements and other matters of
the
public record as of the date of recording being acceptable to mortgage lending
institutions generally and specifically referred to in the lender's title
insurance policy delivered to the originator of the Mortgage Loan and which
do
not adversely affect the Appraised Value of the Mortgaged Property, (c) with
respect to each Mortgage Loan which is indicated by the Company to be a second
lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) a first lien
on
the Mortgaged Property; and (d) other matters to which like properties are
commonly subject which do not materially interfere with the benefits of the
security intended to be provided by the Mortgage or the use, enjoyment, value
or
marketability of the related Mortgaged Property. Any security
agreement, chattel mortgage or equivalent document related to and delivered
in
connection with the Mortgage Loan establishes and creates a valid, existing
and
enforceable first or second lien and first or second priority security interest
(in each case, as indicated on the Mortgage Loan Schedule) on the property
described therein and the Company has full right to sell and assign the same
to
the Purchaser. The Mortgaged Property was not, as of the date of
origination of the Mortgage Loan, subject to a mortgage, deed of trust, deed
to
secure debt or other security instrument creating a lien subordinate to the
lien
of the Mortgage;
(xi) The
Mortgage Note and the related Mortgage are genuine and each is the legal, valid
and binding obligation of the maker thereof, enforceable in accordance with
its
terms;
(xii) All
parties to the Mortgage Note and the Mortgage had legal capacity to enter into
the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage,
and the Mortgage Note and the Mortgage have been duly and properly executed
by
such parties. The Mortgagor is a natural person who executed the
related Mortgage either in an individual capacity or, provided that the related
Mortgage is guaranteed by a natural person, as trustee for a family
trust. Each Mortgagor is either a U.S. citizen or a permanent
resident alien who has the right to live and work permanently in the United
States;
(xiii) The
proceeds of the Mortgage Loan have been fully disbursed to or for the account
of
the Mortgagor and there is no obligation for the Mortgagee to advance additional
funds thereunder and any and all requirements as to completion of any on-site
or
off-site improvement and as to disbursements of any escrow funds therefor have
been complied with. All costs, fees and expenses incurred in making
or closing the Mortgage Loan and the recording of the Mortgage have been paid,
and the Mortgagor is not entitled to any refund of any amounts paid or due
to
the Mortgagee pursuant to the Mortgage Note or Mortgage;
(xiv) As
of the related Closing Date and
immediately prior to the sale of the Mortgage Loan hereunder, the applicable
Seller is the sole legal, beneficial and equitable owner of the Mortgage Note
and the Mortgage and has full right to transfer and sell the Mortgage Loan
to
the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge,
claim or security interest;
(xv) All
parties which have had any interest in the Mortgage Loan, whether as mortgagee,
assignee, pledgee or otherwise, are (or, during the period in which they held
and disposed of such interest, were) in compliance with any and all applicable
“doing business” and licensing requirements of the laws of the state wherein the
Mortgaged Property is located;
(xvi) The
Mortgage Loan is covered by an American Land Title Association (“ALTA”) lender’s
title insurance policy (which, in the case of an Adjustable Rate Mortgage Loan
has an adjustable rate mortgage endorsement in the form of ALTA 6.0 or 6.1)
or
with respect to any Mortgage Loan for which the related Mortgaged Property
is
located in California a CLTA lender’s title insurance policy, or other generally
acceptable form of policy or insurance acceptable to FNMA and FHLMC, issued
by a
title insurer acceptable to FNMA and FHLMC and qualified to do business in
the
jurisdiction where the Mortgaged Property is located, insuring (subject to
the
exceptions contained in (x)(a) and (b), and with respect to any second lien
Mortgage Loan (c), above) the Company, its successors and assigns as to the
first or second priority lien (as indicated on the Mortgage Loan Schedule)
of
the Mortgage in the original principal amount of the Mortgage Loan (including,
if the Mortgage Loan provides for Negative Amortization, the maximum amount
of
Negative Amortization in accordance with the Mortgage) and, with respect to
any
Adjustable Rate Mortgage Loan, against any loss by reason of the invalidity
or
unenforceability of the lien resulting from the provisions of the Mortgage
providing for adjustment in the Mortgage Interest Rate and Monthly Payment
and
Negative Amortization provisions of the Mortgage Note. Additionally,
such lender's title insurance policy affirmatively insures ingress and egress
to
and from the Mortgaged Property, and against encroachments by or upon the
Mortgaged Property or any interest therein. The Company is the sole
insured of such lender's title insurance policy, and such lender’s title
insurance policy is in full force and effect and will be in full force and
effect upon the consummation of the transactions contemplated by this
Agreement. No claims have been made under such lender's title
insurance policy, and no prior holder of the related Mortgage, including the
Company, has done, by act or omission, anything which would impair the coverage
of such lender's title insurance policy;
(xvii) As
of the related Closing Date,
there is no default, breach, violation or event of acceleration existing
under the Mortgage or the Mortgage Note and no event which, with the passage
of
time or with notice and the expiration of any grace or cure period, would
constitute a default, breach, violation or event of acceleration, and the
Company has not waived any default, breach, violation or event of
acceleration. With respect to each second lien Mortgage Loan, as of
the related Closing Date (i) the related first lien mortgage loan is in full
force and effect, (ii) there is no default, breach, violation or event of
acceleration existing under such first lien mortgage or the related mortgage
note, (iii) no event which, with the passage of time or with notice and the
expiration of any grace or cure period, would constitute a default, breach,
violation or event of acceleration thereunder, (iv) either (A) the first lien
mortgage contains a provision which allows or (B) applicable law requires,
the
mortgagee under the second lien Mortgage Loan to receive notice of, and affords
such mortgagee an opportunity to cure any default by payment in full or
otherwise under the first lien mortgage (v) the related first lien does not
provide for or permit negative amortization under such first lien Mortgage
Loan,
and (vi) either no consent for the Mortgage Loan is required by the holder
of
the first lien or such consent has been obtained and is contained in the
Mortgage File. For purposes of the foregoing, a delinquent
payment of less than thirty (30) days on a Mortgage Loan in and of itself does
not constitute a default, breach, violation or event of acceleration (or an
event which, with the passage of time or with notice and the expiration of
any
grace or cure period, has occurred that would constitute a default, breach,
violation or event of acceleration) with respect to such Mortgage
Loan;
(xviii) As
of the
related Closing Date, there are no mechanics' or similar liens or claims which
have been filed for work, labor or material (and no rights are outstanding
that
under law could give rise to such lien) affecting the related Mortgaged Property
which are or may be liens prior to, or equal or coordinate with, the lien of
the
related Mortgage;
(xix) All
improvements which were considered in determining the Appraised Value of the
related Mortgaged Property lay wholly within the boundaries and building
restriction lines of the Mortgaged Property, and no improvements on adjoining
properties encroach upon the Mortgaged Property;
(xx) The
Mortgage Loan was originated or acquired by the Company (and if acquired by
the
Company, the Mortgage Loan was underwritten in all material respects with the
Company’s underwriting guidelines) or by a savings and loan association, a
savings bank, a commercial bank or similar banking institution which is
supervised and examined by a federal or state authority, or by a mortgagee
approved as such by the Secretary of HUD;
(xxi) Principal
payments on the Mortgage Loan commenced no more than sixty days after the
proceeds of the Mortgage Loan were disbursed. The Mortgage Loan bears
interest at the Mortgage Interest Rate. With respect to each Mortgage
Loan which is not a Negative Amortization Loan, the Mortgage Note is payable
on
the first day of each month, or such other day of each month as may be specified
in the Mortgage Loan Schedule, in Monthly Payments, which, in the case of a
Fixed Rate Mortgage Loans, are sufficient to fully amortize the original
principal balance over the original term thereof (other than with respect to
a
Mortgage Loan identified on the related Mortgage Loan Schedule as an
interest-only Mortgage Loan during the interest-only period) and to pay interest
at the related Mortgage Interest Rate, and, in the case of an Adjustable Rate
Mortgage Loan, are changed on each Adjustment Date, and in any case, are
sufficient to fully amortize the original principal balance over the original
term thereof (other than with respect to a Mortgage Loan identified on the
related Mortgage Loan Schedule as an interest-only Mortgage Loan during the
interest-only period) and to pay interest at the related Mortgage Interest
Rate. With respect to each Negative Amortization Mortgage Loan, the
related Mortgage Note requires a Monthly Payment which is sufficient during
the
period following each Payment Adjustment Date, to fully amortize the outstanding
principal balance as of the first day of such period (including any Negative
Amortization) over the then remaining term of such Mortgage Note and to pay
interest at the related Mortgage Interest Rate; provided, that the Monthly
Payment shall not increase to an amount that exceeds 107.5% of the amount of
the
Monthly Payment that was due immediately prior to the Payment Adjustment Date;
provided, further, that the payment adjustment cap shall not be applicable
with
respect to the adjustment made to the Monthly Payment that occurs in a year
in
which the Mortgage Loan has been outstanding for a multiple of 5 years and
in
any such year the Monthly Payment shall be adjusted to fully amortize the
Mortgage Loan over the remaining term. With respect to each Mortgage
Loan identified on the Mortgage Loan Schedule as an interest-only Mortgage
Loan,
the interest-only period shall not exceed ten (10) years (or such other period
specified on the Mortgage Loan Schedule) and following the expiration of such
interest-only period, the remaining Monthly Payments shall be sufficient to
fully amortize the original principal balance over the remaining term of the
Mortgage Loan and to pay interest at the related Mortgage Interest
Rate. The Index for each Adjustable Rate Mortgage Loan is as defined
in the related Mortgage Loan Schedule. No Mortgage Loan is a
Convertible Mortgage Loan;
(xxii) The
origination, servicing and collection practices used by the Company with respect
to each Mortgage Note and Mortgage including, without limitation, the
establishment, maintenance and servicing of the Escrow Accounts and Escrow
Payments, if any, since origination have been in all respects legal, proper,
prudent and customary in the mortgage origination and servicing
industry. The Mortgage Loan has been serviced by the Company and any
predecessor servicer in accordance with the terms of the Mortgage
Note. With respect to escrow deposits and Escrow Payments, if any,
all such payments are in the possession of, or under the control of, the Company
and there exist no deficiencies in connection therewith for which customary
arrangements for repayment thereof have not been made. No escrow deposits or
Escrow Payments or other charges or payments due the Company have been
capitalized under any Mortgage or the related Mortgage Note and no such escrow
deposits or Escrow Payments are being held by the Company for any work on a
Mortgaged Property which has not been completed;
(xxiii) As
of the related Closing Date,
the Mortgaged Property is free of material damage and waste and there is
no proceeding pending for the total or partial condemnation
thereof;
(xxiv) The
Mortgage and related Mortgage Note contain customary and enforceable provisions
such as to render the rights and remedies of the holder thereof adequate for
the
realization against the Mortgaged Property of the benefits of the security
provided thereby, including, (a) in the case of a Mortgage designated as a
deed
of trust, by trustee's sale, and (b) otherwise by judicial
foreclosure. Since the date of origination of the Mortgage Loan, the
Mortgaged Property has not been subject to any bankruptcy proceeding or
foreclosure proceeding and the Mortgagor has not filed for protection under
applicable bankruptcy laws. There is no homestead or other exemption
available to the Mortgagor which would interfere with the right to sell the
Mortgaged Property at a trustee's sale or the right to foreclose the Mortgage.
As of the related Closing Date, the Mortgagor has not notified the Company
and
the Company has no knowledge of any relief requested or allowed to the Mortgagor
under the Servicemembers’ Civil Relief Act;
(xxv) The
Mortgage Loan was underwritten in accordance with the underwriting standards
of
the Company in effect at the time the Mortgage Loan was
originated. The Mortgage Note and Mortgage are on forms generally
acceptable to FNMA and FHLMC;
(xxvi) The
Mortgage Note is not and has not been secured by any collateral except the
lien
of the corresponding Mortgage on the Mortgaged Property and the security
interest of any applicable security agreement or chattel mortgage referred
to in
(x) above;
(xxvii) The
Mortgage File contains an appraisal of the related Mortgaged Property which
satisfied the standards of FNMA and FHLMC, was on appraisal form 1004 or form
2055 (or a form otherwise satisfactory to S&P and Xxxxx’x) and was made and
signed, prior to the approval of the Mortgage Loan application, by a qualified
appraiser, duly appointed by the originator of the Mortgage Loan, who had no
interest, direct or indirect in the Mortgaged Property or in any loan made
on
the security thereof, whose compensation is not affected by the approval or
disapproval of the Mortgage Loan and who met the minimum qualifications of
FNMA
and FHLMC. Each appraisal of the Mortgage Loan was made in accordance
with the relevant provisions of the Financial Institutions Reform, Recovery,
and
Enforcement Act of 1989;
(xxviii) In
the
event the Mortgage constitutes a deed of trust, a trustee, duly qualified under
applicable law to serve as such, has been properly designated and currently
so
serves and is named in the Mortgage, and no fees or expenses are or will become
payable by the Purchaser to the trustee under the deed of trust, except in
connection with a trustee's sale after default by the Mortgagor;
(xxix) No
Mortgage Loan contains provisions pursuant to which Monthly Payments are (a)
paid or partially paid with funds deposited in any separate account established
by the Company, the Mortgagor, or anyone on behalf of the Mortgagor, (b) paid
by
any source other than the Mortgagor or (c) contains any other similar provisions
which may constitute a “buydown” provision. The Mortgage Loan is not a graduated
payment mortgage loan and the Mortgage Loan does not have a shared appreciation
or other contingent interest feature;
(xxx) The
Mortgagor has executed a statement to the effect that the Mortgagor has received
all disclosure materials required by applicable law with respect to the making
of fixed rate mortgage loans in the case of Fixed Rate Mortgage Loans, and
adjustable rate mortgage loans in the case of Adjustable Rate Mortgage Loans
and
rescission materials with respect to Refinanced Mortgage Loans, and such
statement is and will remain in the Mortgage File;
(xxxi) No
Mortgage Loan was made in connection with (a) the construction or rehabilitation
of a Mortgaged Property or (b) facilitating the trade-in or exchange of a
Mortgaged Property;
(xxxii) The
Company has no knowledge of any circumstances or condition with respect to
the
Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor's credit
standing that can reasonably be expected to cause private institutional
investors who routinely invest in mortgage loans similar to the Mortgage Loan
to
regard the Mortgage Loan to be an unacceptable investment, cause the Mortgage
Loan to become delinquent, or adversely affect the value of the Mortgage
Loan;
(xxxiii) No
Mortgage Loan shall have a loan-to-value ratio in excess of 103.00% as of the
origination of such Mortgage Loan based on the lesser of sales price or
appraisal. No Mortgage Loan shall have a combined loan-to-value ratio in excess
of 103.00% as of the origination of such Mortgage Loan based on the lesser
of
sales price or appraisal;
(xxxiv) The
Mortgaged Property is lawfully occupied under applicable law; all inspections,
licenses and certificates required to be made or issued with respect to all
occupied portions of the Mortgaged Property and, with respect to the use and
occupancy of the same, including but not limited to certificates of occupancy,
have been made or obtained from the appropriate authorities;
(xxxv) No
error,
omission, misrepresentation, negligence, fraud or similar occurrence with
respect to a Mortgage Loan has taken place on the part of the Company, the
related Seller, or to the best of the Company’s knowledge, on the part of any
other person, including without limitation the Mortgagor, any appraiser, any
builder or developer, or any other party involved in the origination of the
Mortgage Loan or in the application of any insurance in relation to such
Mortgage Loan;
(xxxvi) The
Assignment of Mortgage is in recordable form and (other than with respect to
the
blank assignee) is acceptable for recording under the laws of the
jurisdiction in which the Mortgaged Property is located;
(xxxvii) Any
principal advances made to the Mortgagor prior to the related Cut-off Date
have
been consolidated with the outstanding principal amount secured by the Mortgage,
and the secured principal amount, as consolidated, bears a single interest
rate
and single repayment term. The lien of the Mortgage securing the consolidated
principal amount is expressly insured as having first or second (as indicated
on
the Mortgage Loan Schedule) lien priority by a title insurance policy, an
endorsement to the policy insuring the mortgagee's consolidated interest or
by
other title evidence acceptable to FNMA and FHLMC. The consolidated principal
amount does not exceed the original principal amount of the Mortgage Loan plus
any Negative Amortization;
(xxxviii) No
Mortgage Loan has a balloon payment feature;
(xxxix) If
the
Residential Dwelling on the Mortgaged Property is a condominium unit or a unit
in a planned unit development (other than a de minimis planned unit development)
such condominium or planned unit development project meets the eligibility
requirements of FNMA and FHLMC;
(xl) With
respect to each Mortgage Loan, the Company has fully and accurately furnished
complete information (i.e., favorable and unfavorable) on the related borrower
credit files to Equifax, Experian and Trans Union Credit Information Company
on
a monthly basis and in accordance with the Fair Credit Reporting Act and its
implementing regulations, and, for each Mortgage Loan, the Company will furnish,
in accordance with the Fair Credit Reporting Act and its implementing
regulations, accurate and complete information on its borrower credit files
to
Equifax, Experian, and Trans Union Credit Information Company, on a
monthly basis;
(xli) The
source of the down payment with respect to each Mortgage Loan has been fully
verified by the Company, if applicable, in accordance with the Company’s
underwriting guidelines;
(xlii) Interest
on each Mortgage Loan is calculated on the basis of a 360-day year consisting
of
twelve 30-day months;
(xliii) The
Company shall, at its own expense, cause each Mortgage Loan to be covered by
a
Tax Service Contract which is assignable to the Purchaser or its designee;
provided however, that if the Company fails to purchase such Tax Service
Contract, the Company shall be required to reimburse the Purchaser for all
costs
and expenses incurred by the Purchaser in connection with the purchase of any
such Tax Service Contract;
(xliv) Each
Mortgage Loan is covered by a Flood Zone Service Contract which is assignable
to
the Purchaser or its designee or, for each Mortgage Loan not covered by such
Flood Zone Service Contract, the Company agrees to purchase such Flood Zone
Service Contract;
(xlv) As
of the
related Closing Date. the Mortgaged Property is in material compliance with
all
applicable environmental laws pertaining to environmental hazards including,
without limitation, asbestos, and neither the Company nor, to the Company’s
knowledge, the related Mortgagor, has received any notice of any violation
or
potential violation of such law;
(xlvi) No
Mortgage Loan is (a)(1) subject to the provisions of the Homeownership and
Equity Protection Act of 1994 as amended (“HOEPA”) or (2) has an “annual
percentage rate” or “total points and fees” (as each such term is defined under
HOEPA) payable by the Mortgagor that equal or exceed the applicable thresholds
defined under HOEPA (as defined in 12 CFR 226.32 (a)(1)(i) and (ii)), (b) a
“high cost” mortgage loan, “covered” mortgage loan, “high risk home” mortgage
loan, or “predatory” mortgage loan or any other comparable term, no
matter how defined under any federal, state or local law, (c) subject to any
comparable federal, state or local statutes or regulations, or any other statute
or regulation providing for heightened regulatory scrutiny or assignee liability
to holders of such mortgage loans, or (d) a High Cost Loan or Covered Loan,
as
applicable (as such terms are defined in the current Standard & Poor’s
LEVELS® Glossary Revised, Appendix E);
(xlvii) No
predatory, abusive, or deceptive lending practices, including but not limited
to, the extension of credit to a mortgagor without regard for the mortgagor’s
ability to repay the Mortgage Loan and the extension of credit to a mortgagor
which has no apparent benefit to the mortgagor, were employed in connection
with
the origination of the Mortgage Loan. Each Mortgage Loan (other than with respect to
the points
and fees threshold in connection with Mortgage Loans that are not Points and
Fees Eligible Loans and escrow payment requirements) is in compliance
with the anti-predatory lending eligibility for purchase requirements of the
FNMA Guides;
(xlviii) Unless
otherwise provided in the related Mortgage Loan Schedule, the debt-to-income
ratio of the related Mortgagor was not greater than 65% at the origination
of
the related Mortgage Loan;
(xlix) No
Mortgagor was required to purchase any credit insurance product (e.g., life,
mortgage, disability, accident, unemployment or health insurance product) or
debt cancellation agreement as a condition of obtaining the extension of
credit. No Mortgagor obtained a prepaid single premium credit
insurance policy (e.g., life, mortgage, disability, accident, unemployment
or
health insurance product) or debt cancellation agreement in connection with
the
origination of the Mortgage Loan. No proceeds from any Mortgage Loan
were used to purchase single premium credit insurance policies or debt
cancellation agreements as part of the origination of, or as a condition to
closing, such Mortgage Loan;
(l) The
Mortgage Loans were not selected from the outstanding fixed rate or
adjustable-rate one to four-family mortgage loans in the Company’s portfolio at
the related Cut-off Date as to which the representations and warranties set
forth in this Agreement could be made in a manner so as to affect adversely
the
interests of the Purchaser;
(li) The
Mortgage contains an enforceable provision for the acceleration of the payment
of the unpaid principal balance of the Mortgage Loan in the event that the
Mortgaged Property is sold or transferred without the prior written consent
of
the mortgagee thereunder;
(lii) The
Mortgage Loan complies with all applicable consumer credit statutes and
regulations, including, without limitation, the respective Uniform Consumer
Credit Code laws in effect in Alabama, Colorado, Idaho, Indiana, Iowa, Kansas,
Maine, Oklahoma, South Carolina, Utah, West Virginia and Wyoming, has been
originated by a properly licensed entity, and in all other respects, complies
with all of the material requirements of any such applicable laws;
(liii) The
information set forth in the Prepayment Charge Schedule is complete, true and
correct in all material respects and each Prepayment Charge is permissible,
enforceable and collectable under applicable federal and state law in effect
at
the time of origination;
(liv) The
Mortgage Loan was not prepaid in full prior to the related Closing Date and
the
Company has not received notification from a Mortgagor that a prepayment in
full
shall be made after the Closing Date;
(lv) No
Mortgage Loan is secured by cooperative housing, commercial property or mixed
use property;
(lvi) Any
Mortgaged Property that is considered manufactured housing shall be legally
classified as real property, is permanently affixed to a foundation and must
assume that characteristics of site-built housing and must otherwise conform
to
the requirements (A) for inclusion in residential mortgage backed securities
transactions rated by S&P and (B) of Xxxxxx Xxx and Xxxxxxx Mac, including,
but not limited to, the requirements that (i) the related Note or contract,
as
applicable, be secured by a “single family residence” within the meaning of
Section 25(e)(10) of the Code, (ii) the fair market value of the manufactured
home securing each related Note or contract, as applicable, was at least equal
to 80% of the original principal balance of such Note or contract, as
applicable, and (iii) each related Note or contract, as applicable, is a
“qualified mortgage” under Section 860G(a)(3) of the Code;
(lvii) Each
Mortgage Loan is eligible for sale in the secondary market or for inclusion
in a
Securitization Transaction without unreasonable credit enhancement;
(lviii) All
points and fees related to each Mortgage Loan were disclosed in writing to
the
related Mortgagor in accordance with applicable state and federal laws and
regulations. Except as otherwise noted on the Mortgage Loan Schedule,
no related Mortgagor was charged “points and fees” (whether or not financed) in
an amount greater than (a) $1,000 or (b) 5% of the principal amount of such
loan, whichever is greater, such 5% limitation is calculated in accordance
with
Xxxxxx Mae’s anti-predatory lending requirements as set forth in the Xxxxxx Xxx
Guides. For purposes of this representation, “points and fees” (a)
include origination, underwriting, broker and finder’s fees and other charges
that the lender imposed as a condition of making the loan, whether they are
paid
to the lender or a third party, and (b) exclude bona fide discount points,
fees
paid for actual services rendered in connection with the origination of the
mortgage (such as attorneys’ fees, notaries fees and fees paid for property
appraisals, credit reports, surveys, title examinations and extracts, flood
and
tax certifications, and home inspections); the cost of mortgage insurance or
credit-risk price adjustments; the costs of title, hazard, and flood insurance
policies; state and local transfer taxes or fees; escrow deposits for the future
payment of taxes and insurance premiums; and other miscellaneous fees and
charges, which miscellaneous fees and charges, in total, do not exceed 0.25
percent of the loan amount. All points, fees and charges (including
finance charges) and whether or not financed, assessed, collected or to be
collected in connection with the origination and servicing of each Mortgage
Loan
were disclosed in writing to the related Mortgagor in
accordance with applicable state and federal laws and regulations;
(lix) Except
as
set forth on the related Mortgage Loan Schedule, none of the Mortgage Loans
are
subject to a Prepayment Charge. With respect to any Mortgage Loan
that contains a provision permitting imposition of a premium upon a prepayment
prior to maturity: (a) the Mortgage Loan provides some benefit to the Mortgagor
(e.g. a rate or fee reduction) in exchange for accepting such Prepayment Charge;
(b) the Mortgage Loan’s originator had a written policy of offering the
Mortgagor, or requiring third-party brokers to offer the Mortgagor, the option
of obtaining a Mortgage Loan that did not require payment of such a Prepayment
Charge; (c) the Prepayment Charge was adequately disclosed to the Mortgagor
pursuant to applicable state and federal law; (d) no Mortgage Loan originated
on
or after October 1, 2002 provides for prepayment penalties for a term in excess
of three years and no Mortgage Loan originated prior to such date provides
for
prepayment penalties for a term in excess of five years; and (e) such Prepayment
Charge shall not be imposed in any instance where the Mortgage Loan is
accelerated or paid off in connection with the workout of a delinquent Mortgage
or due to the Mortgagor’s default, notwithstanding that the terms of the
Mortgage Loan or state or federal law might permit the imposition of such
Prepayment Charge;
(lx) The
Company has complied with all applicable anti-money laundering laws and
regulations, including without limitation the Bank Secrecy Act, as amended
by
the USA Patriot Act of 2001 (collectively, the “Anti-Money Laundering Laws”);
the Company has established an anti-money laundering compliance program as
required by the Anti-Money Laundering Laws, has conducted the requisite due
diligence in connection with the origination of each Mortgage Loan for purposes
of the Anti-Money Laundering Laws, including with respect to the legitimacy
of
the applicable Mortgagor and the origin of the assets used by the said Mortgagor
to purchase the property in question, and maintains, and will maintain,
sufficient information to identify and verify the identification of the
applicable Mortgagor for purposes of the Anti-Money Laundering
Laws. No Mortgage Loan is subject to nullification pursuant to
Executive Order 13224 (the “Executive Order”) or the regulations promulgated by
the Office of Foreign Assets Control of the United States Department of the
Treasury (the “OFAC Regulations”) or in violation of the Executive Order or the
OFAC Regulations, and no Mortgagor is subject to the provisions of such
Executive Order or the OFAC Regulations nor listed as a “specially designated
national or blocked person” for purposes of the OFAC Regulations;
(lxi) No
Mortgage Loan is secured by real property or secured by a
manufactured home located in the state of Georgia unless (x) such Mortgage
Loan
was originated prior to October 1, 2002 or after March 6, 2003, or (y) the
property securing the Mortgage Loan is not, nor will be, occupied by the
Mortgagor as the Mortgagor’s principal dwelling. No Mortgage Loan is
a “High Cost Home Loan” as defined in the Georgia Fair Lending Act, as amended
(the “Georgia Act”). Each Mortgage Loan that is a “Home Loan”
under the Georgia Act complies with all applicable provisions of the Georgia
Act. No Mortgage Loan subject to the Georgia Act and secured by owner occupied
real property or an owner occupied manufactured home located in the State of
Georgia was originated (or modified) on or after October 1, 2002 through and
including March 6, 2003;
(lxii) The
Mortgagor was not encouraged or required to select a mortgage loan product
offered by the Mortgage Loan’s originator which is a higher cost product
designed for less creditworthy borrowers, taking into account such facts as,
without limitation, the Mortgage Loan’s requirements and the Mortgagor’s credit
history, income, assets and liabilities. If the Mortgagor sought
financing through the mortgage loan originator’s higher-priced subprime lending
channel, the Mortgagor was directed towards or offered the mortgage loan
originator’s standard mortgage line if the Mortgagor was able to qualify for one
of the standard products. If, at the time of loan application, the
Mortgagor may have qualified for a lower cost credit product then offered by
any
mortgage lending affiliate of the Mortgage Loan’s originator, the Mortgage
Loan’s originator referred the Mortgagor’s application to such affiliate for
underwriting consideration;
(lxiii) The
methodology used in underwriting the extension of credit for each Mortgage
Loan
did not rely solely on the extent of the Mortgagor’s equity in the collateral as
the principal determining factor in approving such extension of credit. The
methodology employed related objective criteria such as the Mortgagor’s income,
assets, and liabilities to the proposed mortgage payment and, based on such
methodology, the Mortgage Loan’s originator made a reasonable determination that
at the time of origination the Mortgagor had the ability to make timely payments
on the Mortgage Loan;
(lxiv) With
respect to any Mortgage Loan which is secured by manufactured housing, such
Mortgage Loan satisfies the requirements for inclusion in residential mortgage
backed securities transactions rated by Standard & Poor's Ratings Services
and such manufactured housing will be the principal residence of the Mortgagor
upon the origination of the Mortgage Loan. With respect to any second
lien Mortgage Loan, such lien is on a one-to four-family residence that is
(or
will be) the principal residence of the Mortgagor upon the origination of the
second lien Mortgage Loan;
(lxv) No
Mortgage Loan (a) is secured by property located in the State of New York;
(b)
had an unpaid principal balance at origination of $300,000 or less, and (c)
has
an application date on or after April 1, 2003, the terms of which Mortgage
Loan
equal or exceed either the APR or the points and fees threshold for “high-cost
home loans”, as defined in Section 6-1 of the New York State Banking
Law;
(lxvi) The
Company will transmit full-file credit reporting data for each Mortgage Loan
pursuant to Xxxxxx Mae Guide Announcement 95-19 and for each Mortgage Loan,
Company agrees it shall report one of the following statuses each month as
follows: new origination, current, delinquent (30-, 60-, 90-days, etc.),
foreclosed, or charged-off;
(lxvii) No
Mortgage Loan is a “High-Cost” loan as defined under the New York Banking Law
Section 6-1, effective as of April 1, 2003;
(lxviii) No
Mortgage Loan is a “High Cost Home Loan” as defined in the Arkansas Home Loan
Protection Act effective July 16, 2003 (Act 1340 or 2003);
(lxix) No
Mortgage Loan is a “High Cost Home Loan” as defined in the Kentucky high-cost
loan statute effective June 24, 2003 (Ky. Rev. Stat.
Section 360.100);
(lxx) No
Mortgage Loan secured by property located in the State of Nevada is a “home
loan” as defined in the Nevada Assembly Xxxx No. 284;
(lxxi) No
Mortgage Loan is a “manufactured housing loan” or “home improvement home loan”
pursuant to the New Jersey Home Ownership Act. No Mortgage Loan is a
“High-Cost Home Loan” or a refinanced “Covered Home Loan,” in each case, as
defined in the New Jersey Home Ownership Act effective November 27, 2003
(N.J.S.A. 46;10B-22 et seq.);
(lxxii) Each
Mortgage Loan constitutes a “qualified mortgage” under
Section 860G(a)(3)(A) of the Code and Treasury Regulation
Section 1.860G-2(a)(1);
(lxxiii) No
Mortgage Loan is a subsection 10 mortgage under the Oklahoma Home Ownership
and
Equity protection Act;
(lxxiv) No
Mortgage Loan is a “High-Cost Home Loan” as defined in the New Mexico Home Loan
Protection Act effective January 1, 2004 (N.M. Stat. Xxx. §§ 58-21A-1 et
seq.);
(lxxv) No
Mortgage Loan is a “High-Risk Home Loan” as defined in the Illinois High-Risk
Home Loan Act effective January 1, 2004 (815 Ill. Comp. Stat. 137/1 et
seq.). If applicable to the related Mortgage Loan, each Mortgage Loan
secured by a property located within the Xxxx County, Illinois anti-predatory
lending Pilot Program area (i.e., ZIP Codes 60620, 60621, 60623, 60628, 60629,
60632, 60636, 60638, 60643 and 60652) complies with the recording requirements
outlined in Illinois House Xxxx 4050 and Senate Xxxx 304 effective September
1,
2006;
(lxxvi) No
Loan
that is secured by property located within the State of Maine meets the
definition of a (i) “high-rate, high-fee” mortgage loan under Article VIII,
Title 9-A of the Maine Consumer Credit Code or (ii) “High-Cost Home Loan” as
defined under the Maine House Xxxx 383 X.X. 494, effective as of September
13,
2003;
(lxxvii) No
Loan
is a “High Cost Home Loan” governed by the Indiana Home Loan Practices Act,
effective January 1, 2006 (Ind. Code Xxx. §§ 24-9-1 et seq.);
(lxxviii) The
Mortgagor has not made or caused to be made any payment in the nature of an
“average” or “yield spread premium” to a mortgage broker or a like Person which
has not been fully disclosed to the Mortgagor;
(lxxix) With
respect to each MOM Loan, a MIN has been assigned by MERS and such MIN is
accurately provided on the Mortgage Loan Schedule. The related
Assignment of Mortgage to MERS has been duly and properly recorded, or has
been
delivered for recording to the applicable recording office;
(lxxx) With
respect to each MOM Loan, Company has not received any notice of liens or legal
actions with respect to such Mortgage Loan and no such notices have been
electronically posted by MERS;
(lxxxi) With
respect to each second lien Mortgage Loan, (i) if the related first lien
provides for negative amortization, the CLTV was calculated at the maximum
principal balance of such first lien that could result upon application of
such
negative amortization feature, and (ii) either no consent for the Mortgage
Loan
is required by the holder of the first lien or such consent has been obtained
and is contained in the Mortgage File;
(lxxxii) With
respect to any Mortgage Loan originated on or after August 1, 2004, no Mortgagor
agreed to submit to arbitration to resolve any dispute arising out of or
relating in any way to the Mortgage Loan transaction. No Mortgage
Loan is subject to any mandatory arbitration;
(lxxxiii) No
Mortgage Loan is a “High-Cost
Home Mortgage Loan” as defined in the Massachusetts Predatory Home Loan
Practices Act,
effective November 7, 2004 (Mass. Xxx. Laws Ch. 183C). If any
Mortgage Loan secured by a Mortgaged Property located in the Commonwealth of
Massachusetts was made to pay off or refinance an existing loan or other debt
of
the related borrower (as the term “borrower” is defined in the regulations
promulgated by the Massachusetts Secretary of State in connection with
Massachusetts House Xxxx 4880 (2004)) unless either (1) (a) the related Mortgage
Interest Rate (that would be effective once the introductory rate expires,
with
respect to Adjustable Rate Mortgage Loans) did or would not exceed by more
than
2.25% the yield on United States Treasury securities having comparable periods
of maturity to the maturity of the related Mortgage Loan as of the fifteenth
day
of the month immediately preceding the month in which the application for the
extension of credit was received by the related lender or (b) the Mortgage
Loan
is an “open-end home loan” (as such term is used in the Massachusetts House Xxxx
4880 (2004)) and the related Mortgage Note provides that the related Mortgage
Interest Rate may not exceed at any time the Prime rate index as published
in
The Wall Street Journal plus a margin of one percent, or (2) such Mortgage
Loan
is in the "borrower's interest," as documented by a "borrower's interest
worksheet" for the particular Mortgage Loan, which worksheet incorporates the
factors set forth in Massachusetts House Xxxx 4880 (2004) and the regulations
promulgated thereunder for determining "borrower's interest," and otherwise
complies in all material respects with the laws of the Commonwealth of
Massachusetts;
(lxxxiv) The
sale
or transfer of the Mortgage Loan by the Seller complies with all applicable
federal, state, and local laws, rules, and regulations governing such sale
or
transfer, including, without limitation, the Fair and Accurate Credit
Transactions Act (“FACT Act”) and the Fair Credit Reporting Act, each as may be
amended from time to time, and the Seller has not received any actual or
constructive notice of any identity theft, fraud, or other misrepresentation
in
connection with such Mortgage Loan or any party thereto;
(lxxxv) In
connection with the origination of any Mortgage Loan secured by a Mortgaged
Property in the State of Ohio which closed on or after January 1, 2007 and
which
was originated pursuant to a no income/no asset documentation program or any
other program pursuant to which the related Mortgagor was not required to
disclose income, a reasonable determination was made that the related Mortgagor
was able to repay such Mortgage Loan. Each Mortgage Loan
secured by a Mortgaged Property in the State of Ohio which closed on or after
January 1, 2007, was originated in compliance with the Ohio Consumer Sales
Practices Act (Oh. Rev. Stat. 1345.01 et seq.) and the regulations promulgated
thereunder and was made only after reasonable and appropriate methods were
used
to determine the borrower's repayment ability, including without limitation,
employment verification for stated income loans, which have been properly
documented and verified; and
(lxxxvi) The
Mortgage Loan is secured by a Residential Dwelling. None of the
Mortgage Loans is secured by a multifamily, commercial, industrial, agricultural
or undeveloped property. Unless otherwise set forth on the Mortgage Loan
Schedule, none of the Mortgage Loans is secured by a condotel unit or by a
condominium unit that is part of a condominium development that operates as,
or
holds itself out to be, a condominium hotel, regardless of whether the unit
itself is being used as a condotel unit.
EXHIBIT
D
MORTGAGE
LOAN SCHEDULE
Soundview 2007-OPT2 Mortgage Loan Schedule: Exhibit D (Closing Pool as of 7/01/2007)
Loan Number City State Zipcode Occupancy Status Property Type Original Term Remaining Term LTV at Orginination Mortgage Rate 1st Payment Date Maturity Date Orginal Payment ----------- ---- ----- ------- ---------------- ------------- ------------- -------------- ------------------- ------------- ---------------- ------------- --------------- 061079632 XXXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 11.825 7/1/2007 6/1/2037 604.02 061080782 XXXXXXX XX 00000 Non-owner Single Family Detached 360 357 90 10.75 5/1/2007 4/1/2037 467.11 061081059 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.9 7/1/2007 6/1/2037 1331.39 061081303 XXXXX XX 00000 Primary Single Family Detached 360 359 80 11.75 7/1/2007 6/1/2037 686.4 061081475 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 76.54 8.65 7/1/2007 6/1/2037 3102.69 061081673 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.7 6/1/2007 5/1/2037 933.93 061081687 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 10.15 7/1/2007 6/1/2037 1472.98 061081769 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 88.32 8.975 6/1/2007 5/1/2037 971.42 061081841 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 89.99 11.39 7/1/2007 6/1/2037 992.9 061081858 XXXXXXXXXXXX XXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 1017.96 061081859 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.8 7/1/2007 6/1/2037 970.05 061081957 XXXXXX XX 00000 Primary Single Family Detached 360 358 89 8.65 6/1/2007 5/1/2037 1595.78 061082032 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 645.35 061082043 XXXXX XX 00000 Non-owner Single Family Detached 360 358 89.99 12 6/1/2007 5/1/2037 962.68 061082137 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 81.82 8.5 6/1/2007 5/1/2037 830.43 061082173 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.05 7/1/2007 6/1/2037 832.8 061082177 XXXXX XX 00000 Primary Single Family Detached 360 359 89.99 8.99 7/1/2007 6/1/2037 1026.35 061082216 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 82.96 8.287 7/1/2007 6/1/2037 1688.67 061082358 XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 9.55 7/1/2007 6/1/2037 1640.12 061082361 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.65 6/1/2007 5/1/2037 760.25 061082364 XXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 89.99 10.3 6/1/2007 5/1/2037 728.77 061082373 XXXXXXXXXXXX XXX XX 00000 Non-owner Single Family Detached 360 359 52.38 12 7/1/2007 6/1/2037 565.74 061082414 COLD XXXXXX XX 00000 Primary Single Family Detached 360 359 84.58 8.525 7/1/2007 6/1/2037 1042.89 061082436 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 88.57 11.15 7/1/2007 6/1/2037 597.48 061082474 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 71.48 11.55 7/1/2007 6/1/2037 568.43 061082479 XXXXXXX XX 00000 Primary Single Family Detached 360 359 88.29 8.99 7/1/2007 6/1/2037 1100.14 061082485 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.8 7/1/2007 6/1/2037 1062.39 061082497 XXXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 88.23 8.75 6/1/2007 5/1/2037 2151.63 061082508 XXXXXX XX 00000 Primary Single Family Detached 360 359 65 12.25 7/1/2007 6/1/2037 1879.93 061082549 XXXXXX IN 47106 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 2607.4 061082578 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 9.99 7/1/2007 6/1/2037 935.36 061082591 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.625 7/1/2007 6/1/2037 1063.34 061082628 XXXXXXX XX 00000 Primary Single Family Detached 360 359 77.52 9.99 7/1/2007 6/1/2037 876.83 061082635 XXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 358 80 11.8 6/1/2007 5/1/2037 599.84 061082644 XXXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 70.18 9.85 7/1/2007 6/1/2037 693.21 061082693 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.75 7/1/2007 6/1/2037 751 061082716 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.425 7/1/2007 6/1/2037 1556.19 061082728 XXXXXXXXXXXX XX 00000 Non-owner Single Family Attached 360 359 89.9 11.85 7/1/2007 6/1/2037 548.61 061082745 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.325 7/1/2007 6/1/2037 1161.14 061082763 XXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.35 7/1/2007 6/1/2037 1015.67 061082772 XX XXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.675 7/1/2007 6/1/2037 1175.12 061082794 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.825 6/1/2007 5/1/2037 1251.76 061082808 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.9 7/1/2007 6/1/2037 666.15 061082815 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 59.07 8.7 7/1/2007 6/1/2037 994.59 061082819 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 11.9 7/1/2007 6/1/2037 735.06 061082823 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 65 7.65 7/1/2007 6/1/2037 1277.48 061082827 XXXXXXX XX 00000 Primary Single Family Attached 360 358 90 9.425 6/1/2007 5/1/2037 1187.04 061082843 XXXXXXX XX 00000 Primary Single Family Detached 360 359 89.99 10 7/1/2007 6/1/2037 1038.04 061082845 XXXXXX XX 00000 Primary Single Family Detached 360 359 79.04 9.725 7/1/2007 6/1/2037 1131.66 061082855 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.5 6/1/2007 5/1/2037 1143.56 061082857 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.938 7/1/2007 6/1/2037 598.95 061082880 XXXXX XX 00000 Primary Single Family Detached 360 359 89.99 9.65 7/1/2007 6/1/2037 966.77 061082882 XXXXXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 80 11.05 7/1/2007 6/1/2037 1835.72 061082979 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 76.53 12.2 7/1/2007 6/1/2037 783.03 061083022 SLEEPY XXX XX 00000 Primary Single Family Detached 360 359 90 11.1 7/1/2007 6/1/2037 1137.57 061083042 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.2 7/1/2007 6/1/2037 958.29 061083063 XXXXX XX 00000 Primary Single Family Detached 360 359 80 9.125 7/1/2007 6/1/2037 1041.45 061083128 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 10.75 7/1/2007 6/1/2037 714.11 061083207 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 79.65 10.1 7/1/2007 6/1/2037 796.47 061083211 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.2 7/1/2007 6/1/2037 891.21 061083224 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.85 7/1/2007 6/1/2037 668.22 061083282 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 80 9.575 7/1/2007 6/1/2037 846.33 061083484 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.9 7/1/2007 6/1/2037 2324.93 111003367 XXX XXXXX XX 00000 Primary Single Family Detached 360 358 82.76 6.6 6/1/2007 5/1/2037 1980 111003370 XXXXXXX XX 00000 Primary Single Family Detached 360 358 58.95 8.05 6/1/2007 5/1/2037 1957.39 111003372 CAPTAIN XXXX XX 00000 Primary Single Family Detached 360 358 73.47 6.525 6/1/2007 5/1/2037 1973.95 111003397 XXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 358 85 8.85 6/1/2007 5/1/2037 1315.81 111003400 XXXX XX 00000 Primary Single Family Detached 360 358 58.33 7.05 6/1/2007 5/1/2037 2119.19 111003414 XXXXXXX XX 00000 Primary Single Family Detached 360 359 50.15 6.4 7/1/2007 6/1/2037 1966.5 111003423 HILO HI 96720 Primary Single Family Detached 360 358 80 6.99 6/1/2007 5/1/2037 1466.25 111003433 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 73.87 6.012 7/1/2007 6/1/2037 2161.79 111003440 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.65 7/1/2007 6/1/2037 3793.06 111003451 XXXXX XX 00000 Primary Single Family Detached 360 359 42.37 6.95 7/1/2007 6/1/2037 1654.87 111003476 XXXXXXXX XX 00000 Primary Condo High-Rise Attached 360 359 60.15 7.45 7/1/2007 6/1/2037 2564.51 111003485 XXX XXXXX XX 00000 Primary Condo Low-Rise Detached 360 359 85 6.625 7/1/2007 6/1/2037 1566.2 111003488 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 45.45 6.375 6/1/2007 5/1/2037 3119.35 111003490 XXXXXXXX XX 00000 Primary PUD Detached 360 359 54.05 6.4 7/1/2007 6/1/2037 1668.6 111003495 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.975 7/1/2007 6/1/2037 2305.87 111003500 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 80 6.75 6/1/2007 5/1/2037 2594.39 111003501 XXXXXXX XX 00000 Primary PUD Detached 360 358 85 9.1 6/1/2007 5/1/2037 4006.36 111003502 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 68.14 8.125 7/1/2007 6/1/2037 2453.95 111003513 XXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 52.41 7.7 7/1/2007 6/1/2037 3101.4 111003547 XXXXXX XX 00000 Primary Single Family Detached 360 359 60.63 6.55 7/1/2007 6/1/2037 2426.88 121053813 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.2 7/1/2007 6/1/2037 2065.67 121053909 XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 8.175 7/1/2007 6/1/2037 1123.64 121054170 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 90 9.7 6/1/2007 5/1/2037 962.42 121054274 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 6.65 7/1/2007 6/1/2037 2146.23 121054281 XXXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 358 85 12.1 6/1/2007 5/1/2037 616.61 121054309 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.875 7/1/2007 6/1/2037 1611.18 121054351 XXXXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 10.25 6/1/2007 5/1/2037 3620.25 121054411 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.2 7/1/2007 6/1/2037 692.82 121054432 XXXXXXX XX 00000 Primary Single Family Detached 360 359 73.17 9.175 7/1/2007 6/1/2037 1225.87 121054469 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.9 7/1/2007 6/1/2037 771.82 121054477 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 60 9.55 7/1/2007 6/1/2037 2490.7 121054509 XXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 10.65 7/1/2007 6/1/2037 1370.44 121054549 XXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.1 6/1/2007 5/1/2037 974.19 121054559 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.85 7/1/2007 6/1/2037 1016.29 121054562 XXXXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 90 12.2 7/1/2007 6/1/2037 638.95 121054565 XXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 11.05 7/1/2007 6/1/2037 2218.16 121054580 XXXXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 79.91 8.425 7/1/2007 6/1/2037 1427.94 121054587 XXXXX XXX XX 00000 Primary Single Family Detached 360 359 75 10.95 7/1/2007 6/1/2037 953.29 121054605 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.75 7/1/2007 6/1/2037 2221.64 121054684 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.9 7/1/2007 6/1/2037 2647.49 121054703 NEW XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.925 6/1/2007 5/1/2037 1294.97 121054705 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 9.075 7/1/2007 6/1/2037 979.2 121054706 XXXX XX 00000 Primary 2-4 Units Attached 360 359 80 9.625 7/1/2007 6/1/2037 1101.59 121054713 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.57 7.425 7/1/2007 6/1/2037 936.39 121054737 XXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 11.075 7/1/2007 6/1/2037 1267.43 121054739 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 11.1 6/1/2007 5/1/2037 952.61 121054741 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.725 6/1/2007 5/1/2037 1292.41 121054746 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10 7/1/2007 6/1/2037 793.95 121054756 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.4 7/1/2007 6/1/2037 1988.4 121054791 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.85 7/1/2007 6/1/2037 594.99 121054857 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.9 7/1/2007 6/1/2037 2268.11 121054906 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 8.65 7/1/2007 6/1/2037 1754.03 121054962 XXXXXX XX 00000 Primary Single Family Detached 360 359 65 10.75 7/1/2007 6/1/2037 2062.99 151039848 XXXXXXX XX 00000 Primary Single Family Attached 360 354 85 7.77 2/1/2007 1/1/2037 1757.16 151041803 XXXXXXX XX 00000 Primary Single Family Detached 360 358 48.7 12.125 6/1/2007 5/1/2037 1744.25 151041996 XXXXXX XXXX XX 00000 Primary 2-4 Units Detached 360 359 68.25 9.51 7/1/2007 6/1/2037 1809.41 151042394 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 88.09 10.52 6/1/2007 5/1/2037 1842.62 151042775 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 60 8.67 6/1/2007 5/1/2037 1686.95 151042807 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.02 7/1/2007 6/1/2037 2074.56 151043084 XXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.3 6/1/2007 5/1/2037 1902.06 151043495 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.8 7/1/2007 6/1/2037 1644.86 151043907 STRAWBERRY XXXXXX XX 00000 Primary Single Family Detached 360 358 79.61 8.6 6/1/2007 5/1/2037 938.97 151043937 XXXXXXXXXX XX 00000 Primary Single Family Attached 360 358 70 12.32 6/1/2007 5/1/2037 2172.13 151043983 XXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 78.52 7.45 6/1/2007 5/1/2037 2070.68 151043998 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.8 6/1/2007 5/1/2037 683.36 151044061 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.9 7/1/2007 6/1/2037 1448.87 151044138 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.75 7/1/2007 6/1/2037 846.19 151044146 XXXXXXX XX 00000 Non-owner Single Family Attached 360 358 75 11.7 6/1/2007 5/1/2037 942.73 151044155 XXXXXX XX 00000 Primary Single Family Detached 360 359 58.57 7.52 7/1/2007 6/1/2037 2010.68 151044184 XXXXXXXXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 358 73.69 8.6 6/1/2007 5/1/2037 2931.17 151044209 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 80 8.22 6/1/2007 5/1/2037 1509.17 151044241 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 65 9.225 7/1/2007 6/1/2037 1173.84 151044256 XXXXX XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 63.38 8.675 7/1/2007 6/1/2037 3516.07 151044286 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 85 10.4 6/1/2007 5/1/2037 3742.81 151044294 XXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 9.55 7/1/2007 6/1/2037 2735.44 151044301 XXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.4 7/1/2007 6/1/2037 1274.61 151044332 XXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.55 7/1/2007 6/1/2037 2412.51 151044343 E STROUDSBURG (XXXXXX TWP) PA 18301 Primary Single Family Detached 360 358 71.67 10.35 6/1/2007 5/1/2037 1456.96 151044359 TOMS XXXXX XX 00000 Non-owner Single Family Detached 360 359 75 10.65 7/1/2007 6/1/2037 2847.36 151044361 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 74.29 6.975 6/1/2007 5/1/2037 1725.42 151044362 XXXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 49.64 7.92 6/1/2007 5/1/2037 1500.08 151044439 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 67.5 8 7/1/2007 6/1/2037 990.58 151044463 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 8.67 7/1/2007 6/1/2037 1793.08 151044471 XXXXXXX XX 00000 Primary Single Family Attached 360 359 80 9.75 7/1/2007 6/1/2037 893.52 151044473 XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 12.35 7/1/2007 6/1/2037 1338.01 151044485 XXXXXXXXX XX 00000 Primary Single Family Attached 360 359 64.86 9.75 7/1/2007 6/1/2037 1030.99 151044503 XXXXXXXXXX XX 00000 Second Home 2-4 Units Detached 360 359 80 9.9 7/1/2007 6/1/2037 3515.57 151044533 XXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 80 11.8 7/1/2007 6/1/2037 1175.36 151044544 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.575 6/1/2007 5/1/2037 1371.06 151044551 XXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 358 75 9.9 6/1/2007 5/1/2037 2480.04 151044556 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.05 7/1/2007 6/1/2037 1568.01 151044582 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 61.33 8.1 7/1/2007 6/1/2037 2263.1 151044588 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 79.91 10.45 6/1/2007 5/1/2037 1685.36 151044602 XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 11.1 6/1/2007 5/1/2037 1876.58 151044623 XXXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 75 10.62 7/1/2007 6/1/2037 2286.21 151044628 XXXXXXXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 12.025 7/1/2007 6/1/2037 783.72 151044638 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 9.87 7/1/2007 6/1/2037 1774.38 151044639 XXXXXX XXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 12.15 7/1/2007 6/1/2037 3198.53 151044652 XXXXXXXXX XX 00000 Non-owner PUD Attached 360 358 90 12.5 6/1/2007 5/1/2037 869.28 151044653 XXXXXXXXX XX 00000 Non-owner PUD Attached 360 358 90 11.6 6/1/2007 5/1/2037 1082.25 151044656 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 7.2 6/1/2007 5/1/2037 1202.06 151044668 XXXXXXXXXXXX XX 00000 Non-owner Single Family Attached 360 359 76.47 10.6 7/1/2007 6/1/2037 1198.89 151044718 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 67.65 9.57 7/1/2007 6/1/2037 1945.72 151044723 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 87.5 8.87 7/1/2007 6/1/2037 1670.1 151044740 LITITZ PA 17543 Primary PUD Attached 360 359 90 8.17 7/1/2007 6/1/2037 1402.61 151044756 XXXX XX 00000 Primary Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 633.51 151044780 XXXXXX XX 00000 Non-owner Single Family Attached 360 359 90 9.87 7/1/2007 6/1/2037 1952.96 151044795 XXXXX XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 73.91 8.8 7/1/2007 6/1/2037 3855.44 151044812 XXXXXX XXX XXXXXX XX 00000 Second Home Single Family Detached 360 359 80 10.72 7/1/2007 6/1/2037 2210.67 151044876 XXXXXX XXXX XX 00000 Non-owner 2-4 Units Detached 360 359 65 9.4 7/1/2007 6/1/2037 3196.73 151044891 XXXXXXX XX 00000 Primary Single Family Detached 360 359 78.57 10.75 7/1/2007 6/1/2037 1437.56 151044895 XXXXXXX XX 00000 Primary Single Family Detached 360 359 70 9.02 7/1/2007 6/1/2037 1893.61 151044963 XXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 11.99 7/1/2007 6/1/2037 4201.31 151044980 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10 7/1/2007 6/1/2037 1327.77 151045062 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.75 7/1/2007 6/1/2037 1861.31 161053979 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.95 7/1/2007 6/1/2037 2292.54 161054121 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 78.1 8.5 7/1/2007 6/1/2037 2522.19 161054129 XXXXX XXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 69.9 8.025 6/1/2007 5/1/2037 2493.37 161054140 XXXXXXX XX 00000 Primary Single Family Detached 360 359 73.76 8.125 7/1/2007 6/1/2037 1878.52 161054187 XXXXXX XX 00000 Primary Single Family Detached 360 358 75 7.75 6/1/2007 5/1/2037 2149.24 161054200 XXXXXXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 50 10.825 7/1/2007 6/1/2037 751.3 161054256 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 1451.79 161054258 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.2 6/1/2007 5/1/2037 900.09 161054265 NEW XXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 85 9.3 7/1/2007 6/1/2037 2212.42 161054269 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.87 7/1/2007 6/1/2037 1710.66 161054278 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.9 6/1/2007 5/1/2037 2860.74 161054287 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 37.74 11.75 7/1/2007 6/1/2037 1009.41 161054293 XXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 27.21 9.5 7/1/2007 6/1/2037 672.68 161054312 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 85 8.65 7/1/2007 6/1/2037 1993.47 161054332 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 70.55 9.3 7/1/2007 6/1/2037 2454.11 161054358 X XXXXXX XX 00000 Primary Single Family Detached 360 358 58.48 8.25 6/1/2007 5/1/2037 1449.94 161054362 XXXXXXX XX 00000 Primary Single Family Detached 360 358 74.32 8.1 6/1/2007 5/1/2037 2036.97 161054366 GARY IN 46403 Primary Single Family Detached 360 358 85 10.35 6/1/2007 5/1/2037 944.65 161054378 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.99 7/1/2007 6/1/2037 2254.95 161054384 XXXXXXXX XX 00000 Second Home Single Family Detached 360 359 70 9.895 7/1/2007 6/1/2037 1997.11 161054385 XXXXXX XX 00000 Primary 2-4 Units Detached 360 358 41.67 8.17 6/1/2007 5/1/2037 1491.3 161054399 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 6.9 6/1/2007 5/1/2037 1154.82 161054411 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 70 7.97 6/1/2007 5/1/2037 1485.3 161054438 XXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 10.25 7/1/2007 6/1/2037 875.77 161054450 XXXX XX 00000 Primary 2-4 Units Detached 360 358 81.1 7.3 6/1/2007 5/1/2037 2373.92 161054455 XXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.35 7/1/2007 6/1/2037 2652.27 161054457 XXXXX ME 04002 Primary Single Family Detached 360 359 80 9.3 7/1/2007 6/1/2037 2313.64 161054486 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 84.64 8.35 7/1/2007 6/1/2037 1964.02 161054493 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 80 10.17 6/1/2007 5/1/2037 1794.03 161054518 EAST XXXXXXXX XX 00000 Primary Single Family Detached 360 358 72.73 8.57 6/1/2007 5/1/2037 1547.76 161054519 XXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.95 7/1/2007 6/1/2037 1732.27 161054530 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.25 7/1/2007 6/1/2037 1541.63 161054533 SOUTH XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.87 7/1/2007 6/1/2037 2070.13 161054550 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 55.7 8.3 7/1/2007 6/1/2037 958.58 161054552 XXXXXX XX 00000 Primary 2-4 Units Attached 360 359 61.77 6.5 7/1/2007 6/1/2037 1797.35 161054554 DERRY XX 00000 Primary Single Family Detached 360 359 79.78 10.25 7/1/2007 6/1/2037 1559.53 161054556 XXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 66.7 9.925 7/1/2007 6/1/2037 1133.64 161054564 NORTH XXXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 6.87 7/1/2007 6/1/2037 1266.86 161054565 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 65 7.75 6/1/2007 5/1/2037 1310.86 161054567 EAST XXXXXXXX XX 00000 Primary Single Family Detached 360 359 71.85 8.62 7/1/2007 6/1/2037 1692.47 161054571 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.95 7/1/2007 6/1/2037 3466.94 161054587 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.27 6/1/2007 5/1/2037 1896.55 161054610 XXXXXX XX 00000 Primary Single Family Detached 360 359 83.24 8.35 7/1/2007 6/1/2037 1167.79 161054671 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 3153.88 171042868 XXXXXXX XX 00000 Primary Single Family Detached 360 358 38.15 8.85 6/1/2007 5/1/2037 817.67 171042946 XXXXXXXXX XX 00000 Primary Single Family Detached 180 178 69.78 11.7 6/1/2007 5/1/2022 1287.22 171043092 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 89.97 10.25 6/1/2007 5/1/2037 1245.58 171043180 XXXXXXX XX 00000 Primary Single Family Detached 360 359 55 10.8 7/1/2007 6/1/2037 1159.84 171043217 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 79.08 8.75 6/1/2007 5/1/2037 2021.82 171043261 XXXXXX XX 00000 Primary Single Family Detached 360 358 78.13 9.5 6/1/2007 5/1/2037 840.85 171043421 XXXXX XX 00000 Primary PUD Detached 360 358 57.03 8.45 6/1/2007 5/1/2037 2296.12 171043633 XXXXXX XX 00000 Primary Single Family Detached 360 358 87.43 10.25 6/1/2007 5/1/2037 1433.76 171043669 XXXXXX XX 00000 Second Home Single Family Detached 360 358 32.79 9.7 6/1/2007 5/1/2037 855.48 171043681 XXXXXX XX 00000 Primary Single Family Detached 360 358 83.62 8.25 6/1/2007 5/1/2037 1111.87 171043696 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 75 9.309 7/1/2007 6/1/2037 930.32 171043704 XXXXXXX XX 00000 Primary Condo High-Rise Attached 360 358 85 10.05 6/1/2007 5/1/2037 951.33 171043771 XXXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 89.86 9.2 6/1/2007 5/1/2037 1619.27 171043782 XXXX XXXXXX XX 00000 Primary 2-4 Units Detached 360 358 84.96 9.3 6/1/2007 5/1/2037 1867.44 171043803 XXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 358 90 10.2 6/1/2007 5/1/2037 1521.16 171043805 XXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 358 90 10.45 6/1/2007 5/1/2037 1237.23 171043807 XXXXX XX 00000 Primary Single Family Detached 360 358 90 7.95 6/1/2007 5/1/2037 2497.56 171043839 XXXXXX XX 00000 Non-owner PUD Detached 360 358 85 8.25 6/1/2007 5/1/2037 2107.3 171043865 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 86.83 8.75 6/1/2007 5/1/2037 1090.65 171043887 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 10.3 7/1/2007 6/1/2037 1376.73 171043919 XXXXXX XX 00000 Primary Single Family Detached 360 358 85.76 10.05 6/1/2007 5/1/2037 1741.39 171043935 XXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 84.52 7.625 7/1/2007 6/1/2037 969.68 171043955 XXXX XX 00000 Primary Single Family Detached 360 359 60.47 6.9 7/1/2007 6/1/2037 2339.94 171043965 XXXXX XXX XXXXX XX 00000 Primary Single Family Detached 360 358 73.53 7.75 6/1/2007 5/1/2037 1236.93 171043968 XXXX XX 00000 Primary Single Family Detached 360 359 70.39 9.4 7/1/2007 6/1/2037 2417.35 171043980 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 88 8.8 7/1/2007 6/1/2037 1548.8 171044000 XXXX XX 00000 Primary PUD Detached 360 359 75 8.25 7/1/2007 6/1/2037 1960.81 171044034 XXXXXX XX 00000 Primary PUD Detached 180 178 75 8.7 6/1/2007 5/1/2022 2115.07 171044049 XXXX XX 00000 Primary Condo Low-Rise Attached 360 359 80 10.25 7/1/2007 6/1/2037 1113.77 171044080 XXX XXXX XX 00000 Primary Single Family Detached 360 359 78.2 7.9 7/1/2007 6/1/2037 1134.9 171044081 XXXXXXXXX XX 00000 Primary PUD Attached 360 358 88.39 9.25 6/1/2007 5/1/2037 1927.04 171044093 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.8 6/1/2007 5/1/2037 1459.93 171044102 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 8.512 7/1/2007 6/1/2037 1669.69 171044103 XXX XXXXX XX 00000 Non-owner Single Family Detached 360 359 80 9.05 7/1/2007 6/1/2037 1616.45 171044108 XXXXXXXX XX 00000 Primary PUD Detached 360 359 87.63 9.45 7/1/2007 6/1/2037 1917.21 171044125 XXXX XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 85 8.5 7/1/2007 6/1/2037 1437.87 171044129 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.8 7/1/2007 6/1/2037 1548.29 171044130 XXXXXXX XX 00000 Primary PUD Detached 360 358 80 8.5 6/1/2007 5/1/2037 1459.15 171044139 XXXXXX XX 00000 Primary PUD Detached 360 359 83.97 8.5 7/1/2007 6/1/2037 1785.08 171044141 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 45.45 9.35 6/1/2007 5/1/2037 1037.42 171044172 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 73.89 8.85 7/1/2007 6/1/2037 1213.61 171044210 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 62.5 8.75 7/1/2007 6/1/2037 590.03 171044226 XXX XXXXX XX 00000 Primary PUD Detached 360 358 67.86 7.8 6/1/2007 5/1/2037 2206.48 171044227 XXXXXX XX 00000 Primary Single Family Detached 360 359 84.25 8.4 7/1/2007 6/1/2037 1148.85 171044228 XXXXXXXX XX 00000 Primary Single Family Detached 360 356 76.5 6.95 4/1/2007 3/1/2037 1205.18 171044241 XXXXX XX 00000 Primary Single Family Detached 360 359 86.21 8.75 7/1/2007 6/1/2037 1573.4 171044252 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.3 7/1/2007 6/1/2037 1261.14 171044266 XXXXXXXXX XX 00000 Primary PUD Detached 360 359 38.64 6.4 7/1/2007 6/1/2037 1418.31 171044271 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 79.42 7.15 7/1/2007 6/1/2037 1266.25 171044284 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.7 7/1/2007 6/1/2037 1449.31 171044292 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.05 7/1/2007 6/1/2037 1694.34 171044296 XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 8.25 7/1/2007 6/1/2037 998.01 171044307 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.55 7/1/2007 6/1/2037 1530.67 171044350 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 7.7 7/1/2007 6/1/2037 1172.82 171044402 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.75 7/1/2007 6/1/2037 1140.42 171044447 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 48.68 7.7 7/1/2007 6/1/2037 845.97 171044453 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 79 7.39 7/1/2007 6/1/2037 1562.03 171044463 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 9.8 7/1/2007 6/1/2037 1576.82 171044488 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.2 7/1/2007 6/1/2037 1962.98 191037099 XXXXXXX XX 00000 Primary PUD Detached 360 357 69.34 7.45 5/1/2007 4/1/2037 1667.89 191037708 XXXX XX 00000 Primary PUD Detached 360 359 80 8.5 7/1/2007 6/1/2037 1407.54 191037758 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.99 7/1/2007 6/1/2037 1507.38 191038215 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.55 6/1/2007 5/1/2037 1487.94 191038652 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.4 6/1/2007 5/1/2037 853.91 191038750 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.8 6/1/2007 5/1/2037 1646.57 191038863 XXXXXXX XX 00000 Primary Single Family Detached 360 358 77.44 8.95 6/1/2007 5/1/2037 1393.79 191038913 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 87.3 7.45 6/1/2007 5/1/2037 2038.88 191038917 XXXX XXXX XX 00000 Primary Single Family Detached 360 358 85 6.9 6/1/2007 5/1/2037 2125.79 191038928 XXXXXXX XX 00000 Primary Single Family Detached 360 358 70 9.05 6/1/2007 5/1/2037 1894.99 191038951 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 61.11 7.55 7/1/2007 6/1/2037 1545.81 191038963 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 73.61 7.55 7/1/2007 6/1/2037 1706.91 191038965 THE XXXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 75 7.3 7/1/2007 6/1/2037 925.52 191038982 XXXXXXXXXX XX 00000 Primary PUD Detached 360 359 83.33 6.75 7/1/2007 6/1/2037 729.67 191039020 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 56.39 8.45 6/1/2007 5/1/2037 1451 191039034 XXXXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 78.43 11.4 6/1/2007 5/1/2037 1920.53 191039048 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 7.4 7/1/2007 6/1/2037 1328.21 191039049 XXXXXXX XXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 77.06 9.1 7/1/2007 6/1/2037 2045.81 191039074 XXXXX XX 00000 Primary PUD Detached 360 359 90 8.2 7/1/2007 6/1/2037 1348.98 191039107 ST HELENS OR 97051 Primary Single Family Detached 360 358 90 10.65 6/1/2007 5/1/2037 3079.57 191039111 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 79.72 8.9 6/1/2007 5/1/2037 1843.68 191039113 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 80 9.65 6/1/2007 5/1/2037 1465.13 191039114 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 80 9.65 6/1/2007 5/1/2037 1362.91 191039115 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 80 9.65 6/1/2007 5/1/2037 1294.77 191039151 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 10.4 6/1/2007 5/1/2037 1571.98 191039186 XXX XXXXXX XX 00000 Primary Single Family Detached 360 358 89.2 8.2 6/1/2007 5/1/2037 2128.96 191039191 XXXXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80.96 8.49 7/1/2007 6/1/2037 2460.64 191039192 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 7.85 7/1/2007 6/1/2037 2162.75 191039209 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.45 7/1/2007 6/1/2037 2380.21 191039213 XXXXXXX XX 00000 Primary Single Family Detached 360 358 57.34 9.95 6/1/2007 5/1/2037 2936.23 191039219 XXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.05 7/1/2007 6/1/2037 887.2 191039231 XXXX XX 00000 Primary Single Family Detached 360 358 90 6.65 6/1/2007 5/1/2037 1863.14 191039239 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75.22 9.25 7/1/2007 6/1/2037 1962.08 191039249 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 6.65 7/1/2007 6/1/2037 1587.32 191039257 XXXXXX XX 00000 Primary Single Family Detached 360 358 60.53 7.99 6/1/2007 5/1/2037 1560.52 191039278 XXXXX XX 00000 Primary Single Family Detached 360 358 90 10 6/1/2007 5/1/2037 1971.06 191039280 XXXXXXX XXXXX XX 00000 Non-owner Single Family Detached 360 359 44.26 9.7 7/1/2007 6/1/2037 1154.9 191039312 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.3 7/1/2007 6/1/2037 1518.28 191039336 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 69.03 12.1 6/1/2007 5/1/2037 2217.72 191039370 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 67.14 6.9 7/1/2007 6/1/2037 1547.71 191039372 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.3 7/1/2007 6/1/2037 2468.06 191039377 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 11.45 7/1/2007 6/1/2037 4108.68 191039385 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.2 7/1/2007 6/1/2037 2124.34 191039405 XXXXXX XX 00000 Second Home Condo Low-Rise Attached 360 359 25.4 7.25 7/1/2007 6/1/2037 1074.43 191039413 XXXX XX 00000 Primary Single Family Detached 360 359 66.25 6.6 7/1/2007 6/1/2037 1166 191039415 XXXXXXX XXX XX 00000 Primary Single Family Detached 360 359 75 7.6 7/1/2007 6/1/2037 1557.21 191039417 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.75 8.5 7/1/2007 6/1/2037 2051.93 191039423 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 9.9 7/1/2007 6/1/2037 1501.72 191039461 XXXXX XX 00000 Primary Single Family Detached 360 359 88.66 8.7 7/1/2007 6/1/2037 2325.9 191039462 XXXXXX XX 00000 Primary Single Family Detached 360 359 69.33 6.644 7/1/2007 6/1/2037 1548.94 191039495 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.38 6.8 7/1/2007 6/1/2037 1905.89 191039512 XXXXXXXX XX 00000 Second Home Condo Low-Rise Attached 360 359 90 10.125 7/1/2007 6/1/2037 1097.77 191039531 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 9.15 7/1/2007 6/1/2037 1141.61 191039536 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 3526.31 191039539 STORY XX 00000 Primary Single Family Detached 360 359 80 9.5 7/1/2007 6/1/2037 1459.72 191039570 XXXXXXX XX 00000 Primary Single Family Detached 360 359 77.95 6.2 7/1/2007 6/1/2037 1645.38 191039596 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 87.49 8.4 7/1/2007 6/1/2037 2099.62 191039607 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 54.79 8.6 7/1/2007 6/1/2037 1552.02 191039652 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.6 7/1/2007 6/1/2037 1649.71 211055076 XXXXXX XXXX XX 00000 Primary PUD Detached 360 358 87.67 6.9 6/1/2007 5/1/2037 2422.94 211055154 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 357 75 8.07 5/1/2007 4/1/2037 1578.86 211055281 XXXX XX XXXXX XX 00000 Primary Single Family Detached 360 358 90 9.67 6/1/2007 5/1/2037 1919.89 211055871 XXXX XX 00000 Primary Single Family Detached 360 359 85 8.925 7/1/2007 6/1/2037 1324.73 211056512 XXXXXXX XX 00000 Primary PUD Attached 360 359 68.74 8.2 7/1/2007 6/1/2037 1171.94 211056530 XXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 10.85 6/1/2007 5/1/2037 2540.72 211056620 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.1 7/1/2007 6/1/2037 1566.67 211056771 XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.97 6/1/2007 5/1/2037 2046.14 211056830 XXXXXXXXX XX 00000 Primary PUD Attached 360 358 84.83 6.875 6/1/2007 5/1/2037 1527.26 211056847 XXXXXXX XX 00000 Primary PUD Detached 360 359 43.33 7 7/1/2007 6/1/2037 2423.58 211056995 XXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 70 8.925 7/1/2007 6/1/2037 1538.52 211057020 XXXXXXX XX 00000 Primary Single Family Detached 360 358 82.61 9.119 6/1/2007 5/1/2037 1545.08 211057047 XXXX XXXXX XX 00000 Primary PUD Detached 360 358 53.46 7.25 6/1/2007 5/1/2037 1086.71 211057091 XXXXX XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 75.66 8.55 6/1/2007 5/1/2037 1560.37 211057113 XXXXXXX XX 00000 Non-owner Single Family Attached 360 358 80 11.1 6/1/2007 5/1/2037 1205.62 211057114 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 8.45 7/1/2007 6/1/2037 1837.82 211057135 XXXXX XXXXXXXX XX 00000 Primary Single Family Attached 360 358 77.29 7.75 6/1/2007 5/1/2037 1033.33 211057153 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.3 7/1/2007 6/1/2037 1645.99 211057169 XXXXXX XX 00000 Primary Single Family Detached 360 358 77.44 9.1 6/1/2007 5/1/2037 2352.79 211057185 XXXXXX XX 00000 Primary Single Family Detached 360 358 67.67 8.47 6/1/2007 5/1/2037 1454.29 211057186 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 7.95 6/1/2007 5/1/2037 867.57 211057206 XXXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.09 8.12 7/1/2007 6/1/2037 1573.35 211057210 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 9.3 7/1/2007 6/1/2037 1355.55 211057219 XXXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 65 7.62 7/1/2007 6/1/2037 1403.35 211057232 XXXXXXXXXXXX XX 00000 Primary PUD Attached 360 358 75 7.25 6/1/2007 5/1/2037 1664.75 211057236 XXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 65.03 7.975 6/1/2007 5/1/2037 2142.26 211057243 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 64.6 8.4 6/1/2007 5/1/2037 952.3 211057291 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.25 7/1/2007 6/1/2037 1298.19 211057294 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.77 6/1/2007 5/1/2037 1799.34 211057297 XXXXXX XX 00000 Primary Single Family Detached 360 358 65 6.5 6/1/2007 5/1/2037 1224.73 211057307 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 76.6 7.475 7/1/2007 6/1/2037 2511.01 211057315 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 7.65 7/1/2007 6/1/2037 1763.14 211057320 XXXXX XX 00000 Primary PUD Attached 360 358 73.37 7.4 6/1/2007 5/1/2037 2108.3 211057321 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.775 6/1/2007 5/1/2037 1182.41 211057336 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85.83 8.99 6/1/2007 5/1/2037 1593.4 211057353 XXXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 90 8.969 6/1/2007 5/1/2037 1728.42 211057416 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.3 6/1/2007 5/1/2037 1056.84 211057417 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 70.91 12.4 6/1/2007 5/1/2037 1239.62 211057429 XXXXXX XXXX XX 00000 Non-owner PUD Detached 360 359 85 8.95 7/1/2007 6/1/2037 1600.05 211057442 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 69.59 7.2 7/1/2007 6/1/2037 2082.59 211057462 BOILING XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 11.9 6/1/2007 5/1/2037 987.74 211057469 XXXXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 20.11 9.99 7/1/2007 6/1/2037 636.27 211057482 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 15 11.5 6/1/2007 5/1/2037 594.17 211057503 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.62 6/1/2007 5/1/2037 1770.23 211057508 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 53.45 6.95 6/1/2007 5/1/2037 1026.02 211057516 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 65 11.8 7/1/2007 6/1/2037 1745.31 211057528 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 8.25 7/1/2007 6/1/2037 1156.95 211057568 XXXXX XX 00000 Primary Single Family Detached 360 358 90 7.45 6/1/2007 5/1/2037 2630.1 211057599 XXXXXX XX 00000 Primary PUD Attached 360 359 79.79 7.8 7/1/2007 6/1/2037 1741.96 211057604 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.7 7/1/2007 6/1/2037 2765.93 211057614 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 78.4 6.85 7/1/2007 6/1/2037 1124.39 211057640 XXXX XXXXXXXXXX XX 00000 Primary PUD Attached 360 359 90 9.3 7/1/2007 6/1/2037 1394.38 211057656 XXXXXXX XX 00000 Primary Single Family Attached 360 358 75 10 6/1/2007 5/1/2037 888.54 211057663 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.15 7/1/2007 6/1/2037 1996.83 211057666 XXXXXX XX 00000 Primary PUD Attached 360 358 85 7.85 6/1/2007 5/1/2037 2201.11 211057692 PORT XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 58.91 10.175 7/1/2007 6/1/2037 1206.62 211057711 XXXXXXXXXXXX XX 00000 Primary PUD Detached 360 359 90 10.57 7/1/2007 6/1/2037 1947.38 211057713 XXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 90 8.45 7/1/2007 6/1/2037 2874.87 211057717 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 51.64 8.9 7/1/2007 6/1/2037 1379.57 211057720 XXX XXX XX 00000 Primary Single Family Detached 360 359 70 10.5 7/1/2007 6/1/2037 1088.54 211057721 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.85 6/1/2007 5/1/2037 1306.91 211057727 XXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 7.925 6/1/2007 5/1/2037 2693.56 211057751 XXXXXXXX XX 00000 Primary PUD Attached 360 359 76.98 6.89 7/1/2007 6/1/2037 1328.95 211057770 XXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 62.08 6.4 7/1/2007 6/1/2037 2057.91 211057773 XXXXX XXXXXXXX XX 00000 Primary PUD Detached 360 359 63.39 9.5 7/1/2007 6/1/2037 2985.03 211057798 XXXXXXX XX 00000 Primary Single Family Detached 360 359 74.94 9.7 7/1/2007 6/1/2037 1025.73 211057806 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 10.925 7/1/2007 6/1/2037 1107.31 211057809 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.14 8.45 7/1/2007 6/1/2037 826.6 211057832 XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 63.64 9.1 7/1/2007 6/1/2037 1420.7 211057848 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.25 6/1/2007 5/1/2037 3538.26 211057851 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 33.78 9.875 7/1/2007 6/1/2037 1319.89 211057878 XXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 90 8.5 7/1/2007 6/1/2037 1154.62 211057892 XXXXXXXXX XX 00000 Primary Single Family Attached 360 359 90 9.51 7/1/2007 6/1/2037 1352.78 211057899 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 63 7.9 7/1/2007 6/1/2037 915.77 211057917 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 85 9.99 7/1/2007 6/1/2037 1192.49 211057972 XXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 62.73 6.97 7/1/2007 6/1/2037 1601.84 211057974 XXXX XX 00000 Primary PUD Detached 360 359 65 8.85 7/1/2007 6/1/2037 1130.05 211057986 XXXXXXXX XX 00000 Primary PUD Detached 360 359 66.67 8.02 7/1/2007 6/1/2037 1764.38 211057991 XXXXXXX XX 00000 Primary Single Family Attached 360 359 75 9.85 7/1/2007 6/1/2037 2209.59 211058000 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 69.4 6.975 7/1/2007 6/1/2037 2416.5 211058033 XXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.45 7/1/2007 6/1/2037 2179.4 211058101 XXXXXXX XX 00000 Primary PUD Detached 360 359 70 7.25 7/1/2007 6/1/2037 1188.4 211058102 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 10.325 7/1/2007 6/1/2037 2284.86 211058141 XXXXXXXX XX 00000 Primary PUD Detached 360 359 50.23 7.99 7/1/2007 6/1/2037 725.98 211058175 XXXX XXXX XX 00000 Primary Single Family Detached 360 359 80 9.05 7/1/2007 6/1/2037 2922.17 211058275 XXXXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 82.25 9.6 7/1/2007 6/1/2037 1548.74 211058291 XXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 11.7 7/1/2007 6/1/2037 633.68 231092397 XXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 69.77 8.95 7/1/2007 6/1/2037 1201.54 231092623 NEW XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 9.85 7/1/2007 6/1/2037 965.94 231092779 XXXXXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 80 9.15 7/1/2007 6/1/2037 2087.52 231092984 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.413 7/1/2007 6/1/2037 1512.22 231092992 XXXXXXXXXXXX XX 00000 Non-owner Single Family Attached 360 359 81.52 10.45 7/1/2007 6/1/2037 683.25 231093008 XXXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.4 7/1/2007 6/1/2037 1918.03 231093113 XXX XXXXXXX XXXX X/X XXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.8 7/1/2007 6/1/2037 986.92 231093168 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 85 6.875 7/1/2007 6/1/2037 1664 231093329 XXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.1 7/1/2007 6/1/2037 1307.71 231093497 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.39 7/1/2007 6/1/2037 795.29 231093620 NEW XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 9.42 7/1/2007 6/1/2037 2066.68 231093624 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.45 6/1/2007 5/1/2037 2713.88 231093648 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 6.99 7/1/2007 6/1/2037 1794.5 231093716 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 47.06 8.67 7/1/2007 6/1/2037 1561.99 231093732 XXXXXX XX 00000 Primary 2-4 Units Attached 360 359 80 6.925 7/1/2007 6/1/2037 2217.57 231093733 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 12.05 7/1/2007 6/1/2037 677.3 231093763 XXXXX XX 00000 Primary Single Family Detached 360 359 89.01 9.1 7/1/2007 6/1/2037 1315.16 231093791 TOWN OF XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.7 7/1/2007 6/1/2037 1263.06 231093817 XXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 10.15 7/1/2007 6/1/2037 2482.92 231093827 XXXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 62.69 7.84 7/1/2007 6/1/2037 1214.04 231093834 XXXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 64.56 7.35 7/1/2007 6/1/2037 1756.88 231093850 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 32.5 8.37 7/1/2007 6/1/2037 987.64 231093872 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 10.5 7/1/2007 6/1/2037 3251.9 231093891 OCEANSIDE T/O XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.65 7/1/2007 6/1/2037 2799.42 231093915 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 40.3 10.05 7/1/2007 6/1/2037 934.14 231093933 BOROUGH OF XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 9.525 7/1/2007 6/1/2037 1820.19 231093945 XXXX XX 00000 Primary Single Family Detached 360 359 83.96 7.55 7/1/2007 6/1/2037 1250.7 231093947 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 90 11.84 7/1/2007 6/1/2037 1051.88 231093960 XXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 80 9.32 7/1/2007 6/1/2037 1655.51 231093976 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.9 6/1/2007 5/1/2037 1665.05 231093979 TOWN XX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 76.92 7.1 7/1/2007 6/1/2037 2437.42 231094027 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 358 85 12.25 6/1/2007 5/1/2037 712.57 231094042 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 6.85 7/1/2007 6/1/2037 1625.04 231094046 XXXXXXXXX XX 00000 Non-owner Single Family Attached 360 359 75 8.75 7/1/2007 6/1/2037 1416.06 231094052 TOWN XX XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 9.95 7/1/2007 6/1/2037 1238.29 231094078 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 58.47 8.3 7/1/2007 6/1/2037 1094.44 231094092 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.5 7/1/2007 6/1/2037 908.12 231094107 XXX XXXX XXXX XX 00000 Second Home Condo High-Rise Attached 360 359 18.18 10 7/1/2007 6/1/2037 877.57 231094117 EAST XXXXXXX XX 00000 Primary Single Family Detached 360 358 58.71 6.4 6/1/2007 5/1/2037 1138.42 231094195 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 9.37 7/1/2007 6/1/2037 1837.36 231094202 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.65 7/1/2007 6/1/2037 1229.69 231094228 XXXXXXX XX 00000 Primary Single Family Detached 360 359 43.42 10 7/1/2007 6/1/2037 1447.99 231094253 XXXX XXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 81.14 9.5 7/1/2007 6/1/2037 1150.29 231094260 XXXXXXXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 11.3 7/1/2007 6/1/2037 975.06 231094277 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 9.15 7/1/2007 6/1/2037 1174.23 231094298 XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.2 7/1/2007 6/1/2037 1445.39 231094304 ROYAL XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 8.99 7/1/2007 6/1/2037 2861.9 231094310 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 7.05 7/1/2007 6/1/2037 1856.45 231094335 CANAAN (FALLS VILLAGE) CT 06031 Primary Single Family Detached 360 359 90 9.75 7/1/2007 6/1/2037 1778.45 231094358 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.08 8.99 7/1/2007 6/1/2037 1487.22 231094377 CITY OF XXXXXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 90 10.8 7/1/2007 6/1/2037 1476.16 231094382 TOWN XX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 11 7/1/2007 6/1/2037 1173.74 231094384 TOWN OF XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 1982.59 231094385 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 7.99 7/1/2007 6/1/2037 2437.91 231094392 XXXXX XX 00000 Primary Single Family Detached 360 359 80 8.8 7/1/2007 6/1/2037 2177.28 231094394 XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 89.23 9.84 7/1/2007 6/1/2037 4852.28 231094400 TOWN OF XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 78.17 7.99 7/1/2007 6/1/2037 1246.38 231094417 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 9.99 7/1/2007 6/1/2037 2187.95 231094420 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 84.86 8.25 7/1/2007 6/1/2037 2271.71 231094433 XXXXXXX XX 00000 Primary Single Family Detached 360 359 76.92 9.95 7/1/2007 6/1/2037 873.88 231094449 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 88.78 7.5 6/1/2007 5/1/2037 2296.92 231094455 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 89.78 9.12 7/1/2007 6/1/2037 1642.81 231094465 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 79.47 10.35 7/1/2007 6/1/2037 1084.25 231094469 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 64.76 8.85 7/1/2007 6/1/2037 1079.64 231094485 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 18.75 10.5 7/1/2007 6/1/2037 686.05 231094486 XXXXXX XX 00000 Primary Single Family Detached 360 359 57.06 7.9 7/1/2007 6/1/2037 1381 231094500 XXXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 72.35 10.97 7/1/2007 6/1/2037 2337.14 231094502 XXXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 8.75 7/1/2007 6/1/2037 1878.55 231094504 XXXXXX XX 00000 Primary Single Family Detached 360 358 85 10.8 6/1/2007 5/1/2037 1628.58 231094507 NEW XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 10.99 7/1/2007 6/1/2037 3235.33 231094517 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 58.33 7.65 7/1/2007 6/1/2037 869.16 231094524 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.3 7/1/2007 6/1/2037 1156.82 231094534 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 88.89 8.99 7/1/2007 6/1/2037 924.71 231094539 TOWN XX XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.125 7/1/2007 6/1/2037 2489.72 231094569 XXXXXXX XX 00000 Primary Single Family Detached 360 359 76.67 10.9 7/1/2007 6/1/2037 1086.49 231094589 XXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 75 7.92 7/1/2007 6/1/2037 1671.21 231094594 TOWN OF XXXXX ME 04002 Primary Single Family Detached 360 359 70 6.7 7/1/2007 6/1/2037 1560.99 231094615 XXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 7.99 7/1/2007 6/1/2037 1956.58 231094641 TOWN OF XXXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 80 10.925 7/1/2007 6/1/2037 2196.25 231094642 XXXXXXXX XX XXXX XX 00000 Non-owner PUD Detached 360 359 90 11.55 7/1/2007 6/1/2037 1503.09 231094646 XXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 9.32 7/1/2007 6/1/2037 1701.03 231094653 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.87 7/1/2007 6/1/2037 2129.62 231094667 XXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 59.68 11.35 7/1/2007 6/1/2037 1810.9 231094709 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.57 7/1/2007 6/1/2037 2165.99 231094714 TOWN XX XXXXXXXXX, XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 44.9 6.97 7/1/2007 6/1/2037 1362.36 231094759 CITY OF XXXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 76.6 9.6 7/1/2007 6/1/2037 2306.32 231094769 XXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.45 7/1/2007 6/1/2037 1440 231094801 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 73.26 10.8 7/1/2007 6/1/2037 1476.16 231094847 XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 2478.88 231094881 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.9 7/1/2007 6/1/2037 837.31 231094932 TOWN XX XXXXXX XX 00000 Primary Single Family Detached 360 359 72.29 7.4 7/1/2007 6/1/2037 1751.72 231094954 XXXXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 90 10 7/1/2007 6/1/2037 1232.11 231094955 XXXXXXXX XX XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.9 7/1/2007 6/1/2037 2203.37 331053100 XXXXXXXX XX 00000 Primary Single Family Attached 360 358 58.82 7.6 6/1/2007 5/1/2037 1663.68 331054406 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 57.23 8.27 7/1/2007 6/1/2037 1593.72 331054902 XXXXX XX 00000 Primary 2-4 Units Attached 360 359 73.6 8 7/1/2007 6/1/2037 3124.66 331055098 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 34.93 9.125 7/1/2007 6/1/2037 1065.86 331055456 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 36.23 9.5 6/1/2007 5/1/2037 1051.07 331055493 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8 6/1/2007 5/1/2037 1681.2 331056169 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 8.45 6/1/2007 5/1/2037 2798.35 331056282 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.5 6/1/2007 5/1/2037 899.63 331056417 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 357 80 8.8 5/1/2007 4/1/2037 821.89 331056569 XXXXXXXX XX 00000 Primary Single Family Attached 360 358 42.83 6.35 6/1/2007 5/1/2037 1419.69 331056626 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 58.57 6.775 7/1/2007 6/1/2037 2666.07 331056659 XXXXX XX 00000 Primary Single Family Detached 360 359 78.72 7.2 7/1/2007 6/1/2037 2283.06 331056863 XXXXXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 90 9.092 7/1/2007 6/1/2037 1898.33 331056970 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.99 6/1/2007 5/1/2037 2361.51 331056974 XXXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 9.9 6/1/2007 5/1/2037 4242.18 331056986 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 89.88 8.79 7/1/2007 6/1/2037 1156.7 331056999 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70.59 8.3 7/1/2007 6/1/2037 2153.76 331057008 XXXXXX XX 00000 Primary Single Family Detached 360 358 59.06 11.35 6/1/2007 5/1/2037 1850.05 331057009 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 93.62 9.45 7/1/2007 6/1/2037 2603.94 331057059 XXXX XXXXXXXXX XX 00000 Second Home PUD Detached 360 358 80 8.45 6/1/2007 5/1/2037 2234.89 331057072 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.2 7/1/2007 6/1/2037 1557.85 331057086 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.4 7/1/2007 6/1/2037 2903.09 331057093 XXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 43.48 8.35 6/1/2007 5/1/2037 1895.77 331057115 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 83.73 9.6 6/1/2007 5/1/2037 982.65 331057142 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 69.57 8.8 7/1/2007 6/1/2037 3161.1 331057156 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 359 74.29 7 7/1/2007 6/1/2037 3231.44 331057176 XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.55 6/1/2007 5/1/2037 1197.89 331057200 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 77 9.9 7/1/2007 6/1/2037 2719.47 331057232 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.99 7/1/2007 6/1/2037 765.32 331057246 XXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.8 6/1/2007 5/1/2037 2255.35 331057278 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.89 7/1/2007 6/1/2037 1898.03 331057296 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 358 61.38 7.162 6/1/2007 5/1/2037 3090.18 331057321 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.99 6/1/2007 5/1/2037 1453.35 331057332 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.75 6/1/2007 5/1/2037 2605.46 331057341 XXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.2 6/1/2007 5/1/2037 1710.55 331057375 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.99 7/1/2007 6/1/2037 856.05 331057391 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 72.46 7.85 6/1/2007 5/1/2037 1808.34 331057397 XXXX XXXX XX 00000 Primary Single Family Detached 360 358 80 9.55 6/1/2007 5/1/2037 2769.98 331057406 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 55 9.35 7/1/2007 6/1/2037 1551.97 331057419 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 77.92 7.625 6/1/2007 5/1/2037 2123.38 331057458 XXXXX XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 85 9.99 7/1/2007 6/1/2037 4326.64 331057459 XXXXX XX 00000 Primary Single Family Detached 360 359 77.92 6.55 7/1/2007 6/1/2037 1702.46 331057487 XXXXXXXX XXX XX 00000 Primary Single Family Detached 360 359 90 7.95 7/1/2007 6/1/2037 2315.35 331057499 XXXX XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.1 7/1/2007 6/1/2037 1366.31 331057536 XXXXXX XX 00000 Primary Single Family Detached 360 359 74.46 7.975 7/1/2007 6/1/2037 3052.53 331057563 XXXXX XX 00000 Primary 2-4 Units Attached 360 359 90 8 7/1/2007 6/1/2037 3566.95 331057583 XXXXXXXX XX 00000 Primary Single Family Attached 360 359 50.51 6.74 7/1/2007 6/1/2037 1506.59 331057591 ATLANTIC XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 77.78 8.65 7/1/2007 6/1/2037 2605.84 331057598 XXXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 42.02 7.15 6/1/2007 5/1/2037 675.41 331057600 XXXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.75 7/1/2007 6/1/2037 762.26 331057605 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.99 7/1/2007 6/1/2037 2137.24 331057609 XXXXXXX XX 00000 Primary 2-4 Units Detached 360 358 90 7.45 6/1/2007 5/1/2037 2920.87 331057636 XXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 7.9 6/1/2007 5/1/2037 1559 331057638 XXXXXXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 74.73 8.9 7/1/2007 6/1/2037 2711.29 331057640 XXXX XXXXXX XX 00000 Non-owner 2-4 Units Detached 360 358 65 7.9 6/1/2007 5/1/2037 1559 331057642 XXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 64.85 7.9 6/1/2007 5/1/2037 1555.36 331057709 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.35 7/1/2007 6/1/2037 3485.57 331057712 XXXXXXX XX 00000 Primary Single Family Detached 360 358 75 7.4 6/1/2007 5/1/2037 1952.08 331057722 ISLAND XXXX XX 00000 Non-owner 2-4 Units Detached 360 359 80 8.5 7/1/2007 6/1/2037 3629.27 331057726 XXXXXXXX XX 00000 Second Home Single Family Detached 360 359 55.08 7.025 7/1/2007 6/1/2037 867.08 331057735 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 82.4 9.32 7/1/2007 6/1/2037 1639.93 331057759 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.99 6/1/2007 5/1/2037 2712.48 331057762 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 69.28 7.22 7/1/2007 6/1/2037 1625.54 331057794 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.15 7/1/2007 6/1/2037 2818.54 331057799 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 12.3 7/1/2007 6/1/2037 983.4 331057838 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 359 46.07 7.85 7/1/2007 6/1/2037 2127.49 331057846 XXXXX XX 00000 Primary 2-4 Units Detached 360 359 67.13 6.7 7/1/2007 6/1/2037 2315.08 331057848 XXXXXX XX 00000 Primary 2-4 Units Detached 360 358 70 7.9 6/1/2007 5/1/2037 2407.36 331057857 XXXXXXXX XX 00000 Primary Single Family Attached 360 359 80 8.99 7/1/2007 6/1/2037 1929.37 331057862 XXXXXXX XX 00000 Primary Single Family Detached 360 359 83.8 7.99 7/1/2007 6/1/2037 1997.5 331057873 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 358 47.47 7.97 6/1/2007 5/1/2037 1560.79 331057875 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.95 7/1/2007 6/1/2037 2898.94 331057886 X. XXXXXX XX 00000 Non-owner 2-4 Units Detached 360 358 65 7.99 6/1/2007 5/1/2037 1572.43 331057909 XXXXX XX 00000 Primary 2-4 Units Detached 360 359 52.68 7.8 7/1/2007 6/1/2037 2123.62 331057915 XXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 10.65 7/1/2007 6/1/2037 2601.29 331057916 XXXXXXX XX 00000 Primary Single Family Attached 360 359 74.44 7.2 7/1/2007 6/1/2037 2130.64 331057922 XXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 37.25 7.79 7/1/2007 6/1/2037 1754.8 331057943 XXXXXXXX XXXX XX 00000 Primary 2-4 Units Attached 360 359 58.04 6.85 7/1/2007 6/1/2037 2129.59 331057951 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.99 7/1/2007 6/1/2037 1312.72 331057952 XXXXX XX 00000 Primary Single Family Detached 360 359 90 8.5 7/1/2007 6/1/2037 2910.9 331057970 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.99 7/1/2007 6/1/2037 1214 331057995 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 6.4 7/1/2007 6/1/2037 2868.6 331058007 XXXXXX XX XXXXXX XX 00000 Primary Single Family Detached 360 359 75 6.9 7/1/2007 6/1/2037 2116.29 331058027 XXXXX XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 79.43 6.99 7/1/2007 6/1/2037 2505.85 331058057 XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 61.54 6.55 7/1/2007 6/1/2037 2355.97 331058059 XXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 71.2 9.25 7/1/2007 6/1/2037 1407.38 331058080 XXXXX XX 00000 Primary 2-4 Units Detached 360 359 61.68 6.7 7/1/2007 6/1/2037 2129.42 331058118 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 73.49 7.687 7/1/2007 6/1/2037 1997.08 331058204 XXXXX XX 00000 Non-owner 2-4 Units Detached 360 359 85 9.7 7/1/2007 6/1/2037 4362.97 331058216 XXXXXX XXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 8.85 7/1/2007 6/1/2037 2906.36 331058225 XXXXX XX 00000 Primary 2-4 Units Attached 360 359 77.48 7.55 7/1/2007 6/1/2037 3169.05 331058395 XXXXX XXXXXX XX 00000 Primary 2-4 Units Detached 360 359 80 9.05 7/1/2007 6/1/2037 3472.95 331058432 XXXXXXX XX 00000 Primary Single Family Detached 360 359 82.73 7.25 7/1/2007 6/1/2037 2260.06 341042374 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.825 6/1/2007 5/1/2037 1522.41 341042545 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 74.97 11.975 6/1/2007 5/1/2037 1347.02 341042588 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 86.55 9.5 7/1/2007 6/1/2037 1222.6 341043203 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 10.75 7/1/2007 6/1/2037 949.35 341043329 XXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 11.95 6/1/2007 5/1/2037 1080.1 341043383 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.475 7/1/2007 6/1/2037 1437.77 341043442 XXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 1345.31 341043572 XXXXXXX XX 00000 Non-owner 2-4 Units Detached 360 358 85 11.4 6/1/2007 5/1/2037 1219.49 341043868 XXXXX XXXXXXXXXX XX 00000 Primary PUD Detached 360 358 80 9.1 6/1/2007 5/1/2037 880.02 341043870 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.675 6/1/2007 5/1/2037 1378.65 341043907 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.95 7/1/2007 6/1/2037 847.69 341043938 XXXX XX 00000 Primary PUD Detached 360 358 90 8.1 6/1/2007 5/1/2037 2166.69 341043976 XXXXXXX XX 00000 Primary Condo High-Rise Attached 360 359 90 8.8 7/1/2007 6/1/2037 2238.93 341044016 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.44 7/1/2007 6/1/2037 917.54 341044050 XXXXXXXXX XX 00000 Primary PUD Detached 360 359 65 11.55 7/1/2007 6/1/2037 1046.8 341044066 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 77 8.8 6/1/2007 5/1/2037 3042.56 341044083 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 10.925 6/1/2007 5/1/2037 1488.62 341044134 XXXXXXX XX 00000 Primary Single Family Detached 360 358 75 8.8 6/1/2007 5/1/2037 1541.03 341044165 SUPPLY NC 28462 Primary PUD Detached 360 359 73.53 9.2 7/1/2007 6/1/2037 1023.82 341044181 XXXXX XXXXXXXX XX 00000 Primary PUD Detached 360 359 62.91 7.5 7/1/2007 6/1/2037 1328.51 341044188 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 74.64 7.7 7/1/2007 6/1/2037 734.35 341044278 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 9.725 7/1/2007 6/1/2037 1384.57 341044340 XXXXXXXX XX 00000 Primary PUD Detached 360 359 74.68 8.225 7/1/2007 6/1/2037 1723.87 341044492 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 47.36 9.725 6/1/2007 5/1/2037 893.33 341044497 XXXXXXX XX 00000 Primary PUD Detached 360 358 80 9 6/1/2007 5/1/2037 836.81 341044531 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.65 7/1/2007 6/1/2037 982 341044578 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 67.86 11.475 7/1/2007 6/1/2037 938.97 341044652 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 85 9.675 7/1/2007 6/1/2037 1451.21 341044677 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 10.8 7/1/2007 6/1/2037 1049.71 341044706 XXXXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 8.65 7/1/2007 6/1/2037 2054.16 341044720 XXXX XX 00000 Primary Single Family Detached 360 358 85 7.7 6/1/2007 5/1/2037 2848.28 341044743 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 9.2 7/1/2007 6/1/2037 2430.95 341044749 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 48 8.6 7/1/2007 6/1/2037 931.21 341044756 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 67 11.45 7/1/2007 6/1/2037 793.13 341044765 XXXX XXXX XX 00000 Primary Single Family Detached 360 358 90 11.05 6/1/2007 5/1/2037 592.88 341044767 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.825 7/1/2007 6/1/2037 1337.73 341044790 XXXXX XXXX XX 00000 Primary Single Family Detached 360 358 90 9.7 6/1/2007 5/1/2037 1575.34 341044848 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 60 9.6 7/1/2007 6/1/2037 722.63 341044869 XXX XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 12.05 7/1/2007 6/1/2037 1207.98 341044891 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 72.12 9.55 7/1/2007 6/1/2037 3166.89 341044906 XXXXXXX XX 00000 Primary Single Family Detached 360 359 78.95 9.575 7/1/2007 6/1/2037 1207.12 341044925 XXXXXXX XX 00000 Primary PUD Detached 360 359 85 9.866 7/1/2007 6/1/2037 1482.71 341044926 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.788 7/1/2007 6/1/2037 1853.36 341044929 XXX XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.6 6/1/2007 5/1/2037 1913.77 341044967 ZACHARY LA 70791 Primary Single Family Detached 360 359 85 8.9 7/1/2007 6/1/2037 3117.98 341044979 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.375 7/1/2007 6/1/2037 1263.41 341045045 XXXXXX XX 00000 Non-owner Single Family Attached 360 359 90 12.3 7/1/2007 6/1/2037 964.57 341045051 XXXXXX XX 00000 Non-owner Single Family Attached 360 359 90 12.3 7/1/2007 6/1/2037 964.57 341045052 XXXXXX XX 00000 Non-owner Single Family Attached 360 359 90 12.3 7/1/2007 6/1/2037 964.57 341045063 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 11.95 7/1/2007 6/1/2037 696.84 341045126 XXXXXXX XX 00000 Primary PUD Detached 360 359 90 8.675 7/1/2007 6/1/2037 1266.01 351044794 XXXXX XXXX XX 00000 Non-owner Single Family Detached 360 359 90 10.85 7/1/2007 6/1/2037 1100.98 351045423 XXXXX XXXXXXXXXX XX 00000 Non-owner PUD Detached 360 358 85 11.9 6/1/2007 5/1/2037 1388.45 351045522 THE XXXXXXXXX XX 00000 Primary PUD Detached 360 359 65 12.35 7/1/2007 6/1/2037 1132.17 351045559 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.35 7/1/2007 6/1/2037 462.61 351045562 XXXXXX XX 00000 Primary Single Family Detached 360 358 79.26 10.5 6/1/2007 5/1/2037 1174.51 351045580 XXX XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.7 6/1/2007 5/1/2037 1647.66 351045607 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.9 7/1/2007 6/1/2037 1889.69 351045728 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.7 7/1/2007 6/1/2037 966.91 351045828 XXXXXXXX XX 00000 Primary PUD Detached 360 359 60.27 11.85 7/1/2007 6/1/2037 1023.69 351045848 XXXXXXXX XX 00000 Primary PUD Detached 360 359 80 6.7 7/1/2007 6/1/2037 1471.23 351045869 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 6.875 6/1/2007 5/1/2037 998.53 351045879 XXXXXX XX 00000 Primary PUD Detached 360 359 90 8.85 7/1/2007 6/1/2037 1643.28 351045970 XXXXXXXXX XX 00000 Primary PUD Detached 360 358 80 6.5 6/1/2007 5/1/2037 1516.96 351045981 DRIPPING XXXXXXX XX 00000 Primary PUD Detached 360 358 80 7.7 6/1/2007 5/1/2037 1197.77 351045985 XXXXXXXX XXXX XX 00000 Primary PUD Detached 360 359 76.61 10.1 7/1/2007 6/1/2037 1044.04 351045987 XXXXXXX XX 00000 Primary PUD Detached 360 358 90 10 6/1/2007 5/1/2037 963.57 351046009 XXX XXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.75 6/1/2007 5/1/2037 1598.58 351046048 XXXXXXXX XXXX XX 00000 Primary PUD Detached 360 359 90 9.85 7/1/2007 6/1/2037 974.82 351046065 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 862.33 351046067 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 964.43 351046082 XXXXX XXXX XX 00000 Primary PUD Detached 360 359 80 8.55 7/1/2007 6/1/2037 2620.18 351046088 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.963 7/1/2007 6/1/2037 1794.61 351046098 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 11.99 7/1/2007 6/1/2037 1211.83 351046100 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.85 7/1/2007 6/1/2037 1733.01 351046112 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.8 7/1/2007 6/1/2037 843.52 371046856 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 86.96 11.49 7/1/2007 6/1/2037 989.53 371048222 XXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 85 9.65 7/1/2007 6/1/2037 2619.32 371048241 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 95.14 10.8 7/1/2007 6/1/2037 936.3 371048248 XXXXXX XX 00000 Primary Single Family Detached 360 358 73.27 7.15 6/1/2007 5/1/2037 2268.82 371048353 XXXXX XX 00000 Primary Single Family Detached 360 358 65 12.2 6/1/2007 5/1/2037 1547.26 371048370 XXXXX XX 00000 Primary Single Family Detached 360 359 78.43 9.27 7/1/2007 6/1/2037 1648.25 371048415 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.2 7/1/2007 6/1/2037 1285.04 371048653 ST XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 9.85 7/1/2007 6/1/2037 1109.13 371048664 XXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 11.8 6/1/2007 5/1/2037 637.43 371048692 XX XXXXXX XX 00000 Primary Single Family Detached 360 358 78.42 7.75 6/1/2007 5/1/2037 1994.31 371048696 XXXXX XX 00000 Second Home Single Family Detached 360 359 67.44 9.925 7/1/2007 6/1/2037 1264.45 371048721 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.05 7/1/2007 6/1/2037 912.11 371048745 ST XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.2 6/1/2007 5/1/2037 942.17 371048751 XXXXX XX 00000 Primary Single Family Detached 180 179 67.5 8.175 7/1/2007 6/1/2022 1043.04 371048810 XXXXXXX XX 00000 Primary PUD Detached 360 359 80 7.5 7/1/2007 6/1/2037 2237.49 371048817 XXXXX XX 00000 Primary Single Family Detached 360 359 90 6.95 7/1/2007 6/1/2037 1558.54 371048826 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 6.99 7/1/2007 6/1/2037 1638.66 371048829 XXXXX XX 00000 Primary Single Family Detached 360 359 60 7.3 7/1/2007 6/1/2037 1234.03 371048851 XXXXXX XX 00000 Primary Single Family Detached 360 358 65.65 7.2 6/1/2007 5/1/2037 996.52 371048902 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 69.09 6.99 7/1/2007 6/1/2037 1010.24 371048920 XXXXXXX XX 00000 Primary Single Family Detached 360 359 66.23 9.55 7/1/2007 6/1/2037 844.5 371048958 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 76.19 8.57 7/1/2007 6/1/2037 1654.07 371048980 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.36 7.75 7/1/2007 6/1/2037 811.43 371049030 XXXXXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.15 6/1/2007 5/1/2037 2761.78 371049046 XXXXX XX 00000 Primary Single Family Detached 360 359 57.29 6.55 7/1/2007 6/1/2037 698.9 371049049 XXXXXXX XX 00000 Primary Single Family Detached 360 359 69.44 8.6 7/1/2007 6/1/2037 776.01 371049052 XXXXXXXX XXXX XX 00000 Non-owner Single Family Detached 360 358 75 9.85 6/1/2007 5/1/2037 779.86 371049090 XXXXXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 67.86 9.8 7/1/2007 6/1/2037 1639.37 371049190 XXXXX XX 00000 Primary Single Family Detached 360 358 60 7.95 6/1/2007 5/1/2037 920.16 371049191 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 61.19 8.67 7/1/2007 6/1/2037 1601.04 371049192 XXXXXXX XX 00000 Primary Single Family Detached 360 359 69.77 7.7 7/1/2007 6/1/2037 1069.44 371049209 XXXX XXXXX XX 00000 Primary PUD Detached 360 359 90 7.65 7/1/2007 6/1/2037 2559.62 371049258 XXXX XXXXX XX 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371049449 XXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 9.95 7/1/2007 6/1/2037 747.17 371049466 XXXXXX XXX XX 00000 Primary Single Family Detached 360 359 80 8.3 7/1/2007 6/1/2037 1952.74 371049492 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 69.23 6.75 7/1/2007 6/1/2037 1167.48 371049510 XXXXX XX 00000 Primary Single Family Detached 360 359 34.12 6.9 7/1/2007 6/1/2037 763.98 371049524 XXXXXX XX 00000 Primary Single Family Detached 360 359 53.85 6.7 7/1/2007 6/1/2037 903.39 371049525 XXXXXXX XX 00000 Primary PUD Detached 360 359 70 7.2 7/1/2007 6/1/2037 1050 371049528 XXXXX XX 00000 Non-owner Single Family Detached 360 359 80 9.95 7/1/2007 6/1/2037 1132.55 371049609 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.15 7/1/2007 6/1/2037 2399.43 371049643 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.3 7/1/2007 6/1/2037 1352.57 371049655 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.65 7/1/2007 6/1/2037 779.57 371049670 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 7.5 7/1/2007 6/1/2037 1243.75 371049697 XXXX XXXXX XX 00000 Primary PUD Detached 360 359 90 8.25 7/1/2007 6/1/2037 2730.13 371049733 XXXXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 75 6.99 7/1/2007 6/1/2037 1420.65 371049747 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 70 9.35 7/1/2007 6/1/2037 2265.71 371049759 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 52.5 8.5 7/1/2007 6/1/2037 807.36 371049766 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 50 7.7 7/1/2007 6/1/2037 1069.44 371049798 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.17 7/1/2007 6/1/2037 2002.86 371049820 XXXXXX XXXXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 80 10.99 7/1/2007 6/1/2037 1347.42 371049850 XXXXXXX XX 00000 Primary PUD Detached 360 359 65 8.65 7/1/2007 6/1/2037 2837.63 371049883 XXXXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 8.55 7/1/2007 6/1/2037 1143.24 371049916 XXXXXXXXX XX 00000 Non-owner PUD Detached 360 359 85 11.99 7/1/2007 6/1/2037 2577.32 371050058 XXXXX XX 00000 Second Home PUD Attached 360 359 85 9.99 7/1/2007 6/1/2037 2384.98 371050079 XXXXXXX XXXXX XX 00000 Primary PUD Detached 360 359 90 8.85 7/1/2007 6/1/2037 2351.75 411004103 XXXXXX XX 00000 Non-owner Single Family Detached 360 358 74.55 8.75 6/1/2007 5/1/2037 1290.19 411004355 XXX XXXXX XX 00000 Primary PUD Detached 360 359 80 8.65 7/1/2007 6/1/2037 1724.34 411004356 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.45 7/1/2007 6/1/2037 1136.42 411004365 XXXXXX XX 00000 Non-owner Single Family Detached 360 358 90 9.2 6/1/2007 5/1/2037 914.06 411004368 XXXXXX XX 00000 Primary Single Family Detached 360 359 75 7.7 7/1/2007 6/1/2037 911.7 411004372 XXXXXXX XX 00000 Primary Single Family Detached 360 359 75 9.39 7/1/2007 6/1/2037 1155.57 411004412 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.55 7/1/2007 6/1/2037 1095.99 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12.1 7/1/2007 6/1/2037 1081.91 411004622 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 78.87 9.45 7/1/2007 6/1/2037 2344.18 411004627 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 9.3 7/1/2007 6/1/2037 1741.43 411004649 XXXXX XX 00000 Primary Single Family Detached 360 359 59.52 8.8 7/1/2007 6/1/2037 1512 411004661 XXXX XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 67.17 8.95 7/1/2007 6/1/2037 1425.83 411004673 XXXXXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 80 10.575 7/1/2007 6/1/2037 517.33 411004680 XXXX XX 00000 Non-owner Single Family Detached 360 359 85 11.15 7/1/2007 6/1/2037 1949.51 411004725 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 41.94 9.92 7/1/2007 6/1/2037 1133.17 411004737 XXXXX XX 00000 Primary Single Family Detached 360 359 56.72 7.95 7/1/2007 6/1/2037 1201.31 411004784 XXXXXX XXXX XX 00000 Primary PUD Detached 360 359 62.92 7 7/1/2007 6/1/2037 2490.99 421003855 XXXXXXXXX XXX XX 00000 Primary Single Family Detached 360 359 19.84 9.725 7/1/2007 6/1/2037 428.66 421004041 XXXXXXXXXX XX 00000 Primary Single Family Detached 240 239 84.16 10.95 7/1/2007 6/1/2027 874.47 421004117 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 74.91 9.45 7/1/2007 6/1/2037 837.21 421004136 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.4 7/1/2007 6/1/2037 1306.47 421004144 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 28.17 10.25 6/1/2007 5/1/2037 868.82 421004221 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.5 6/1/2007 5/1/2037 1836.43 421004229 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 87.72 11.7 7/1/2007 6/1/2037 502.79 421004232 CHOCTAW AR 72028 Primary Single Family Detached 360 359 87.79 9.9 7/1/2007 6/1/2037 1313.99 421004235 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 65 11.2 7/1/2007 6/1/2037 1050.18 421004254 XXXXXX XX 00000 Primary Single Family Detached 360 359 67.69 7.95 7/1/2007 6/1/2037 1606.62 421004275 XXXXXX XX 00000 Primary Single Family Detached 360 359 70 7.9 7/1/2007 6/1/2037 814.02 421004280 XXXXX XX 00000 Primary Single Family Detached 360 359 82.67 11.6 7/1/2007 6/1/2037 618.72 421004283 FT XXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 914.07 421004285 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 71.43 10 7/1/2007 6/1/2037 877.57 421004287 XXXX XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 10.85 7/1/2007 6/1/2037 2117.26 511053591 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 88.79 9 6/1/2007 5/1/2037 828.76 511058693 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 358 58.82 8.75 6/1/2007 5/1/2037 2215.84 511059491 XXXXXX XX 00000 Primary Single Family Attached 360 358 75 6.7 6/1/2007 5/1/2037 976.78 511060021 XXXXXX XX 00000 Primary Single Family Detached 360 358 85 7.75 6/1/2007 5/1/2037 2530.56 511060196 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 51.67 7.35 7/1/2007 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360 358 75 8.35 6/1/2007 5/1/2037 2673.92 511061305 XXXXX XX 00000 Primary Single Family Detached 360 359 90 8.525 7/1/2007 6/1/2037 972.98 511061319 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.9 7/1/2007 6/1/2037 1849.12 511061325 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 7.55 6/1/2007 5/1/2037 2614.31 511061326 XXXXXXXX XX 00000 Primary PUD Detached 360 358 40.76 9.6 6/1/2007 5/1/2037 3066.93 511061328 XXXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 90 9.5 6/1/2007 5/1/2037 2983.17 511061346 XXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.6 6/1/2007 5/1/2037 2044.79 511061369 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 9.25 7/1/2007 6/1/2037 889.94 511061370 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 83.92 8.2 6/1/2007 5/1/2037 2557.31 511061381 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 90 10.05 6/1/2007 5/1/2037 2379.43 511061389 XXXXXXX XX 00000 Primary Single 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511061988 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 60 7.8 6/1/2007 5/1/2037 1274.17 511061990 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.2 6/1/2007 5/1/2037 1650.19 511061995 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.65 7/1/2007 6/1/2037 924.47 511061998 XXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 00 8.6 7/1/2007 6/1/2037 4214 511062001 XXX XXXXXXX XX 00000 Primary Condo High-Rise Attached 360 358 49.1 7.6 6/1/2007 5/1/2037 2656.82 511062015 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.2 6/1/2007 5/1/2037 2126.74 511062026 XXXXXXXXXX XX 00000 Primary PUD Detached 360 358 90 9.75 6/1/2007 5/1/2037 2911.75 511062049 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.6 6/1/2007 5/1/2037 2130.15 511062059 XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 358 80 6.4 6/1/2007 5/1/2037 2046.81 511062068 XXXXXX XX 00000 Primary Single Family Detached 360 359 96.27 8.9 7/1/2007 6/1/2037 1307.88 511062073 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.35 6/1/2007 5/1/2037 2719.78 511062074 XXXXXXX XX 00000 Primary PUD Attached 360 358 63.5 6.9 6/1/2007 5/1/2037 2468.73 511062085 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.95 7/1/2007 6/1/2037 865.14 511062088 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 69.35 7.75 6/1/2007 5/1/2037 2104.43 511062121 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 75 7.3 6/1/2007 5/1/2037 1413.74 511062124 XXXXX XX 00000 Primary Single Family Detached 360 358 75 7.7 6/1/2007 5/1/2037 1082.06 511062137 XXXXXXX XX 00000 Primary PUD Detached 360 359 74.29 7.85 7/1/2007 6/1/2037 1778.61 511062139 XXXXX XX 00000 Primary Single Family Detached 360 359 85 11.15 7/1/2007 6/1/2037 597.96 511062167 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 7.35 7/1/2007 6/1/2037 1697.26 511062186 XXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 64.72 7.425 7/1/2007 6/1/2037 1922.63 511062196 MARTINEZ CA 94553 Primary Single Family Detached 360 358 66.94 6.95 6/1/2007 5/1/2037 2481.14 511062208 XXXXXX XXXX XX 00000 Primary Single Family Detached 180 178 90 9.075 6/1/2007 5/1/2022 2200.46 511062211 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 6.75 7/1/2007 6/1/2037 1842.02 511062213 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 7.8 7/1/2007 6/1/2037 909.62 511062216 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.375 6/1/2007 5/1/2037 990.25 511062218 XXXXXXX XX 00000 Primary Single Family Detached 360 358 79.59 9.025 6/1/2007 5/1/2037 1507.91 511062235 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 79.48 7.75 6/1/2007 5/1/2037 1779.51 511062241 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 79.46 8.5 7/1/2007 6/1/2037 1730.1 511062242 XXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.4 6/1/2007 5/1/2037 1712.17 511062254 XXXXXX XX 00000 Primary Single Family Detached 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1585.17 511062543 XXXXXX XX 00000 Primary PUD Detached 360 358 85 7.9 6/1/2007 5/1/2037 1769.22 511062564 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.75 6/1/2007 5/1/2037 2760.61 511062583 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.85 6/1/2007 5/1/2037 2232.8 511062586 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.2 7/1/2007 6/1/2037 2439.5 511062589 XXXXXX XX 00000 Second Home Single Family Detached 360 359 85 9.275 7/1/2007 6/1/2037 1765.11 511062619 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.9 7/1/2007 6/1/2037 1773.24 511062635 XXXXX XX 00000 Primary PUD Detached 360 358 70 8.375 6/1/2007 5/1/2037 2979.48 511062644 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 76.94 6.4 6/1/2007 5/1/2037 1891.2 511062670 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 77.36 7.2 7/1/2007 6/1/2037 2460 511062679 XXXXXX XX 00000 Primary Single Family Detached 360 358 63.46 7.25 6/1/2007 5/1/2037 2110.92 511062737 XXXXXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 69.7 7.3 7/1/2007 6/1/2037 1436.93 511062745 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.975 7/1/2007 6/1/2037 1243.06 511062755 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 60.34 8.15 7/1/2007 6/1/2037 2418.75 511062768 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.75 7/1/2007 6/1/2037 2142.18 511062777 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 75 6.8 6/1/2007 5/1/2037 2591.4 511062841 XXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.1 7/1/2007 6/1/2037 2102.63 511062876 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 70.93 6.4 7/1/2007 6/1/2037 1626.66 511062898 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 89.93 9 7/1/2007 6/1/2037 2083.97 511062910 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 84.94 6.769 7/1/2007 6/1/2037 1722.13 511062919 XXXXXXX XX 00000 Primary PUD Detached 360 359 70 7.85 7/1/2007 6/1/2037 1915.42 511062936 XXXXX XX 00000 Primary Single Family Detached 360 359 75 9.75 7/1/2007 6/1/2037 1617.64 511062938 XXXXXX XX 00000 Primary PUD Attached 360 359 90 8.9 7/1/2007 6/1/2037 2040.07 511062983 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.05 7/1/2007 6/1/2037 2581.4 511062999 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 59.22 7.35 7/1/2007 6/1/2037 1260.82 511063022 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.75 7/1/2007 6/1/2037 2570.37 511063024 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.9 7/1/2007 6/1/2037 2508.66 511063047 XXXXX XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 75 8.95 7/1/2007 6/1/2037 2631.57 511063060 XXXXXX XX 00000 Primary Single Family Detached 360 359 77.81 6.25 7/1/2007 6/1/2037 1585.92 511063076 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 73.14 9.1 7/1/2007 6/1/2037 2142.44 511063088 XXXX XXXX XX 00000 Primary Single Family Detached 360 359 64.36 6.45 7/1/2007 6/1/2037 1982.13 511063103 XXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 5.65 7/1/2007 6/1/2037 1532.23 511063107 XXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 71.04 6.4 7/1/2007 6/1/2037 1626.32 511063121 XXXXX XX 00000 Primary Single Family Detached 360 359 80 9.55 7/1/2007 6/1/2037 1315.35 511063132 XXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 45.08 9.575 7/1/2007 6/1/2037 1396.45 511063192 XXXXXXXX XX 00000 Primary PUD Detached 360 359 90 8.05 7/1/2007 6/1/2037 1824.56 511063196 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 85 7.95 7/1/2007 6/1/2037 2618.53 511063247 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.05 7/1/2007 6/1/2037 978.78 511063254 XXXXXXXX XX 00000 Primary PUD Detached 360 359 85 6.75 7/1/2007 6/1/2037 1075.78 511063284 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 12.3 7/1/2007 6/1/2037 695.74 511063289 XXXXX XX 00000 Primary Single Family Detached 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Single Family Detached 360 359 85 10.575 7/1/2007 6/1/2037 1444.63 521056946 XXXX IN 46311 Primary Single Family Detached 360 358 88.1 11.325 6/1/2007 5/1/2037 903.69 521057166 XXXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.5 7/1/2007 6/1/2037 672.68 521057276 XXXXXXX XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 9.775 7/1/2007 6/1/2037 1162.34 521057382 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 48 8.2 7/1/2007 6/1/2037 987.04 521057385 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.6 7/1/2007 6/1/2037 715.65 521057412 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 57.11 8.49 6/1/2007 5/1/2037 833.5 521057549 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 9.99 7/1/2007 6/1/2037 1221.64 521057579 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 9.425 7/1/2007 6/1/2037 1085.71 521057586 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 75 11.975 7/1/2007 6/1/2037 539.01 521057617 XXXXXX XX 00000 Primary Single Family Attached 360 359 90 8.625 7/1/2007 6/1/2037 1203.04 521057618 XXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 9.475 7/1/2007 6/1/2037 1359.23 521057640 XXXXX XXX XX 00000 Primary Single Family Detached 360 359 85 10.65 7/1/2007 6/1/2037 1062.55 521057648 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 78.72 8.1 7/1/2007 6/1/2037 2157.68 521057714 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.75 7/1/2007 6/1/2037 554.17 521057779 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.375 7/1/2007 6/1/2037 1399.83 521057806 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 66 10.05 6/1/2007 5/1/2037 884.09 521057811 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 9.05 7/1/2007 6/1/2037 1454.8 521057819 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 65.79 8.75 7/1/2007 6/1/2037 1180.05 521057821 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 78.53 9.375 7/1/2007 6/1/2037 2312.26 521057825 PAW PAW MI 49079 Primary Single Family Detached 360 358 75 11.8 6/1/2007 5/1/2037 1101.9 521057827 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.95 6/1/2007 5/1/2037 943.79 521057838 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.5 7/1/2007 6/1/2037 1070.24 521057846 XXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 90 9.45 7/1/2007 6/1/2037 2185.11 521057852 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 358 75.93 7.7 6/1/2007 5/1/2037 1461.57 521057868 XXXXXXX XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 10.5 6/1/2007 5/1/2037 2392.96 521057870 XXXXXXX XX 00000 Primary Single Family Detached 360 358 65 11.8 6/1/2007 5/1/2037 981.33 521057871 XXXXX XX 00000 Primary Single Family Detached 360 359 70 7.8 7/1/2007 6/1/2037 1058.21 521057895 XXXXXXX XX 00000 Primary Single Family Detached 360 358 89.72 9.8 6/1/2007 5/1/2037 2446.12 521057899 XXXXXXX XXXX XX 00000 Non-owner Single Family Detached 360 359 85 12.15 7/1/2007 6/1/2037 698.48 521057906 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.65 7/1/2007 6/1/2037 2175 521057948 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 8.67 6/1/2007 5/1/2037 1654.14 521057949 XXXXX XX 00000 Primary Single Family Detached 360 358 85 9.3 6/1/2007 5/1/2037 1809.41 521057958 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.95 7/1/2007 6/1/2037 1738.15 521057976 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80.75 11.25 7/1/2007 6/1/2037 784.29 521057985 GLEN XXXXX XX 00000 Primary Condo High-Rise Attached 360 358 27.78 9.675 6/1/2007 5/1/2037 617.77 521057995 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 1503.38 521058026 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.275 6/1/2007 5/1/2037 1070 521058032 SEBASTOPOL CA 95472 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 13.62 10.95 7/1/2007 6/1/2037 1071.98 521058088 XXXXXX XX 00000 Second Home Single Family Detached 360 358 65 11.5 6/1/2007 5/1/2037 1403.24 521058091 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 79.17 9.5 6/1/2007 5/1/2037 639.07 521058099 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 8.8 7/1/2007 6/1/2037 1422.49 521058101 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 8.925 7/1/2007 6/1/2037 1330.72 521058102 DAPHNE AL 36526 Non-owner Single Family Detached 360 359 90 8.925 7/1/2007 6/1/2037 1366.69 521058103 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 9.975 7/1/2007 6/1/2037 1497.49 521058148 XXXXXXX XX 00000 Non-owner 2-4 Units Attached 360 359 85 12 7/1/2007 6/1/2037 918.04 521058152 XXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.7 7/1/2007 6/1/2037 947.53 521058177 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.925 6/1/2007 5/1/2037 1097.02 521058209 XXXXXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 60 9.55 7/1/2007 6/1/2037 1175.55 521058283 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.425 7/1/2007 6/1/2037 902.22 521058292 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 60.61 9.5 6/1/2007 5/1/2037 1681.71 521058296 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 80 11.5 7/1/2007 6/1/2037 633.79 521058324 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 11.8 7/1/2007 6/1/2037 732.07 521058331 XXXXXX XX 00000 Non-owner Single Family Detached 240 239 85 11.99 7/1/2007 6/1/2027 569.62 521058340 XXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.5 7/1/2007 6/1/2037 968.66 521058353 XXXXXX XXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.65 7/1/2007 6/1/2037 889.56 521058366 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.9 7/1/2007 6/1/2037 1075.03 521058384 XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.725 6/1/2007 5/1/2037 1147.89 521058392 XXXXXX XXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.95 7/1/2007 6/1/2037 580.43 521058395 XXXXX XX 00000 Primary Single Family Detached 360 358 70 9.55 6/1/2007 5/1/2037 975.4 521058398 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 11.2 7/1/2007 6/1/2037 1151.28 521058399 XXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10 7/1/2007 6/1/2037 877.57 521058404 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 748.08 521058435 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.925 7/1/2007 6/1/2037 1265.98 521058446 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 65 6.99 7/1/2007 6/1/2037 993.62 521058450 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 89.02 10.6 7/1/2007 6/1/2037 2035.04 521058486 XXXXXX XX 00000 Primary Single Family Detached 360 359 47.14 8.125 7/1/2007 6/1/2037 1137.02 521058498 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 1908.36 521058503 XXXXXXXX XXXX XX 00000 Primary 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XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 10.9 7/1/2007 6/1/2037 748.26 521058720 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 12.1 7/1/2007 6/1/2037 911.13 521058721 XXXXXXX XX 00000 Primary Single Family Detached 360 359 76.92 8.325 7/1/2007 6/1/2037 756.55 521058734 XXXXXXX XX 00000 Primary Single Family Attached 360 359 68.18 9 7/1/2007 6/1/2037 2413.87 521058750 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 64.24 7.85 7/1/2007 6/1/2037 2509.07 521058753 XXXX XXXX XX 00000 Primary Single Family Detached 360 359 80 8.275 7/1/2007 6/1/2037 1024.11 521058761 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 78.3 9.95 7/1/2007 6/1/2037 1607.94 521058788 XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.95 7/1/2007 6/1/2037 1208.2 521058834 XXXX XX 00000 Primary Single Family Detached 360 359 90 9.725 7/1/2007 6/1/2037 1327.13 521058836 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.45 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XX 00000 Primary PUD Detached 360 359 90 7.925 7/1/2007 6/1/2037 1442.4 551031364 XXX XXXXXXX XX 00000 Primary Single Family Detached 180 179 80 8.325 7/1/2007 6/1/2022 1434.48 551031365 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.425 6/1/2007 5/1/2037 1436.87 551031377 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 11.3 7/1/2007 6/1/2037 1170.07 551031380 XX XXXX XX 00000 Primary Single Family Detached 360 358 57.14 8.95 6/1/2007 5/1/2037 801.03 551031381 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 70 11.8 6/1/2007 5/1/2037 567.42 551031384 XXXXXX XX 00000 Primary Single Family Detached 240 236 80 9.65 4/1/2007 3/1/2027 1009.77 551031389 XXXXXXX XX 00000 Primary Single Family Detached 360 358 75.43 8.25 6/1/2007 5/1/2037 730.99 551031400 XXXX XXXXX XX 00000 Primary Single Family Detached 240 239 90 9.99 7/1/2007 6/1/2027 1883.39 551032297 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 73.85 6.75 6/1/2007 5/1/2037 933.99 551032322 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.5 7/1/2007 6/1/2037 2852.04 551032328 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 80 11 7/1/2007 6/1/2037 670.44 551032335 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.85 6/1/2007 5/1/2037 1663.69 551032338 XXXXXXX XX 00000 Primary Single Family Detached 180 179 80 8.6 7/1/2007 6/1/2022 2773.71 551032418 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.475 6/1/2007 5/1/2037 1569.22 551032440 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 81.84 9.8 6/1/2007 5/1/2037 691.99 551032447 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 11.99 6/1/2007 5/1/2037 595.28 551032517 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.99 6/1/2007 5/1/2037 1069.66 551032530 XXXX XXXXXXX XX 00000 Primary PUD Detached 360 358 90 10.4 6/1/2007 5/1/2037 1957.71 551032539 XXXXXX XX 00000 Primary Single Family Detached 360 358 80 10.1 6/1/2007 5/1/2037 884.97 551032552 XXXXX XXXX XX 00000 Primary PUD Detached 360 358 60.59 9.225 6/1/2007 5/1/2037 845.5 551032563 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 52 7.9 6/1/2007 5/1/2037 755.88 551032567 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 962.25 551032571 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 6.99 6/1/2007 5/1/2037 978.34 551032628 XXXXXXX XX 00000 Primary PUD Detached 360 359 79.25 9.35 7/1/2007 6/1/2037 1933.74 551032665 XXXXX XX XX 00000 Primary Single Family Detached 360 358 60 11.5 6/1/2007 5/1/2037 594.17 551032678 XXXXXX XX 00000 Primary Single Family Detached 360 359 76.32 8.85 7/1/2007 6/1/2037 575.54 551032682 XXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.9 7/1/2007 6/1/2037 1486.43 551032687 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.725 7/1/2007 6/1/2037 1063.08 551032712 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.7 6/1/2007 5/1/2037 1355.09 551032723 XX XXXXX XX 00000 Primary Single Family Detached 360 358 90 11.1 6/1/2007 5/1/2037 846.62 551032724 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.225 7/1/2007 6/1/2037 1234.87 551032758 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 65 6.925 6/1/2007 5/1/2037 965.65 551032760 XXXXX XX 00000 Primary Single Family Detached 360 359 79.14 7.875 7/1/2007 6/1/2037 2237.93 551032786 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.99 7/1/2007 6/1/2037 771.75 551032834 XX XXXX XX 00000 Primary Single Family Detached 360 359 80 9.95 7/1/2007 6/1/2037 2712.53 551032836 XXXXXX XX 00000 Primary Single Family Detached 360 359 80 12.25 7/1/2007 6/1/2037 586.82 551032840 XX XXXX XX 00000 Primary Single Family Detached 360 359 80 9.825 7/1/2007 6/1/2037 657.15 551032843 XXXXX XX 00000 Non-owner Condo Low-Rise Attached 360 359 80 11.8 7/1/2007 6/1/2037 599.84 551032855 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.4 7/1/2007 6/1/2037 2371.97 551032862 XX XXXX XX 00000 Primary Single Family Detached 360 359 66.77 9.75 7/1/2007 6/1/2037 1847.18 551032874 XXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.25 7/1/2007 6/1/2037 2217.74 551032923 XXXXX XX 00000 Non-owner Single Family Detached 360 359 90 12 7/1/2007 6/1/2037 2555.07 551032945 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.25 7/1/2007 6/1/2037 1764.39 551032957 XXXXX XXXXXXX XX 00000 Non-owner 2-4 Xxxxx Xxxxxxxx 000 000 00 10.375 7/1/2007 6/1/2037 1300.62 551032984 XXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.3 7/1/2007 6/1/2037 826.31 551033058 XXX XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 72.09 12.45 7/1/2007 6/1/2037 659.3 551033101 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.237 7/1/2007 6/1/2037 917.06 551033135 XXXXX XX 00000 Primary Single Family Detached 180 179 80 9.325 7/1/2007 6/1/2022 1529.86 551033137 XXXXXX XX 00000 Primary PUD Detached 360 359 85 11.525 7/1/2007 6/1/2037 1661.44 551033172 XXXXX XX 00000 Primary Single Family Detached 360 359 80 10.95 7/1/2007 6/1/2037 1897.09 551033195 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 76.43 9.144 7/1/2007 6/1/2037 1541.69 551033288 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.15 7/1/2007 6/1/2037 900.25 551033295 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.5 7/1/2007 6/1/2037 908.12 551033321 XXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.7 7/1/2007 6/1/2037 896.26 551033372 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.25 7/1/2007 6/1/2037 855.58 581017353 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.95 6/1/2007 5/1/2037 1069.63 581017706 XXXXXXX XX 00000 Primary Single Family Detached 360 358 50 9.55 6/1/2007 5/1/2037 1773.46 581018097 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 12.15 7/1/2007 6/1/2037 956.96 581018524 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.85 7/1/2007 6/1/2037 1815.64 581018767 XXX XXXXX XX 00000 Primary Single Family Detached 360 357 69.75 7.7 5/1/2007 4/1/2037 1877.39 581019126 BAKERSFIELD CA 93304 Primary Single Family Detached 360 357 74.09 7.1 5/1/2007 4/1/2037 1095.41 581019401 SACRAMENTO CA 95829 Primary Single Family Detached 360 358 89.11 7.15 6/1/2007 5/1/2037 2158.45 581019509 OROVILLE CA 95965 Primary Single Family Detached 360 359 35.48 8.1 7/1/2007 6/1/2037 755.85 581019574 DELANO CA 93215 Non-owner 2-4 Units Attached 360 358 98.91 9 6/1/2007 5/1/2037 2188.57 581019578 PALM DESERT CA 92260 Non-owner 2-4 Units Attached 360 358 75 7.35 6/1/2007 5/1/2037 2583.65 581019612 SEASIDE CA 93955 Primary Single Family Detached 360 359 50.33 6.255 7/1/2007 6/1/2037 2412.42 581019663 PORTLAND OR 97229 Primary Condo Low-Rise Attached 360 358 80 8.575 6/1/2007 5/1/2037 1052.96 581019802 SAN LORENZO CA 94580 Primary Single Family Detached 360 358 75 7.65 6/1/2007 5/1/2037 2509.43 581019804 LOS ANGELES CA 90016 Primary 2-4 Units Detached 360 358 54.17 7.99 6/1/2007 5/1/2037 2382.47 581019855 CANON CITY CO 81212 Primary Single Family Detached 360 359 89.34 9.4 7/1/2007 6/1/2037 982 581019893 CLOVIS CA 93612 Primary Single Family Detached 360 358 85 6.4 6/1/2007 5/1/2037 1938.35 581019898 PORTLAND OR 97213 Primary Single Family Detached 360 359 62.65 7.7 7/1/2007 6/1/2037 1396.84 581019937 CAPE CORAL FL 33993 Primary Single Family Detached 360 359 79.83 7.925 7/1/2007 6/1/2037 1498.29 581019947 RIVERSIDE AREA CA 92509 Primary Single Family Detached 360 356 90 7.35 4/1/2007 3/1/2037 2325.28 581019951 LOST HILLS CA 93249 Primary Single Family Detached 360 358 90 8.99 6/1/2007 5/1/2037 1057.09 581019958 SILVERTHORNE CO 80498 Primary Single Family Attached 360 359 69.7 6.8 7/1/2007 6/1/2037 2043.7 581019986 AUBURN CA 95602 Primary Single Family Detached 360 358 80 8.2 6/1/2007 5/1/2037 2273.16 581019997 AVON CO 81620 Primary Condo Low-Rise Attached 360 359 80 7.75 7/1/2007 6/1/2037 2427.68 581020014 BAYFIELD CO 81122 Primary PUD Detached 360 358 90 8.1 6/1/2007 5/1/2037 1585.58 581020022 HERCULES CA 94547 Primary Condo Low-Rise Attached 360 358 50 8.45 6/1/2007 5/1/2037 1458.59 581020023 LAS VEGAS NV 89122 Primary PUD Detached 360 358 90 8.5 6/1/2007 5/1/2037 1746.54 581020046 FORT COLLINS CO 80526 Primary Single Family Detached 360 359 80 8.925 7/1/2007 6/1/2037 1253.2 581020052 JOSHUA TREE CA 92252 Primary Single Family Detached 360 358 80 8.9 6/1/2007 5/1/2037 1170.9 581020055 LAVEEN AZ 85339 Primary Single Family Detached 360 358 64.75 6.9 6/1/2007 5/1/2037 1942.53 581020066 LONGMONT CO 80501 Primary Single Family Detached 360 359 90 7.4 7/1/2007 6/1/2037 1026.75 581020070 LODI CA 95240 Primary Single Family Detached 360 358 86 7.45 6/1/2007 5/1/2037 2024.88 581020073 SACRAMENTO CA 95832 Primary Single Family Detached 360 358 84.38 8.15 6/1/2007 5/1/2037 1717.02 581020080 FAIRFIELD CA 94533 Primary Single Family Detached 360 358 90 7.99 6/1/2007 5/1/2037 2320.43 581020091 POLLOCK PINES CA 95726 Primary PUD Detached 360 359 85 8.95 7/1/2007 6/1/2037 2740.03 581020101 MORENO VALLEY CA 92555 Primary Single Family Detached 360 356 77.27 8.35 4/1/2007 3/1/2037 2578.25 581020107 BOCA RATON FL 33486 Primary Single Family Detached 360 358 80 8.35 6/1/2007 5/1/2037 2261.95 581020122 MANTECA CA 95336 Primary Single Family Detached 360 358 90 8.5 6/1/2007 5/1/2037 2697.43 581020127 LOS BANOS CA 93635 Primary Single Family Detached 360 358 75 6.5 6/1/2007 5/1/2037 1817.99 581020130 ELIZABETH CO 80107 Primary Single Family Detached 360 358 90 9.8 6/1/2007 5/1/2037 2550.42 581020136 BAKERSFIELD CA 93308 Primary Single Family Detached 360 358 65 6.9 6/1/2007 5/1/2037 2007.87 581020173 GRASS VALLEY CA 95945 Primary Single Family Detached 360 359 64.56 6.79 7/1/2007 6/1/2037 1493.45 581020175 LODI CA 95242 Primary Single Family Detached 360 359 64.95 6.75 7/1/2007 6/1/2037 1873.16 581020194 WILLOW AK 99688 Primary Single Family Detached 360 358 75 10.5 6/1/2007 5/1/2037 1852.35 581020202 ORLANDO FL 32825 Primary PUD Detached 360 357 70.67 10.05 5/1/2007 4/1/2037 1295.46 581020203 COLORADO SPRINGS CO 80904 Primary Single Family Detached 360 359 64.93 7.65 7/1/2007 6/1/2037 1585.96 581020206 AURORA CO 80011 Primary Single Family Detached 360 358 72.22 7.95 6/1/2007 5/1/2037 899.03 581020223 SUN VALLEY NV 89433 Primary Single Family Detached 360 359 90 7.2 7/1/2007 6/1/2037 1721.55 581020232 AURORA CO 80010 Non-owner Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 850.72 581020240 SACRAMENTO CA 95827 Primary Single Family Detached 360 358 80 7.54 6/1/2007 5/1/2037 1932.59 581020252 FAIRFIELD CA 94533 Primary Single Family Detached 360 359 82.07 9.25 7/1/2007 6/1/2037 2530.46 581020301 PATERSON NJ 07513 Primary 2-4 Units Detached 360 359 90 7.99 7/1/2007 6/1/2037 2870.01 581020304 COOPERSBURG PA 18036 Primary Single Family Detached 360 359 90 6.9 7/1/2007 6/1/2037 2245.49 581020314 SACRAMENTO CA 95834 Primary Single Family Detached 360 358 75 10.7 6/1/2007 5/1/2037 2022.15 581020327 SAINT LOUIS MO 63118 Non-owner 2-4 Units Detached 360 359 80 11.8 7/1/2007 6/1/2037 1069.99 581020331 DENVER CO 80219 Non-owner Single Family Detached 360 359 90 10.45 7/1/2007 6/1/2037 1164.26 581020352 HUGHSON CA 95326 Primary Single Family Detached 360 359 71.43 7.5 7/1/2007 6/1/2037 1151.65 581020360 DENVER CO 80236 Non-owner Single Family Detached 360 359 90 11.05 7/1/2007 6/1/2037 1720.99 581020363 TURNER OR 97392 Primary Single Family Detached 360 359 90 8.6 7/1/2007 6/1/2037 1633.27 581020374 ESCALON CA 95320 Primary Single Family Detached 360 359 90 8.3 7/1/2007 6/1/2037 2720.25 581020384 PUEBLO WEST CO 81007 Primary Single Family Detached 360 359 90 7.7 7/1/2007 6/1/2037 1232 581020385 ROSEVILLE CA 95678 Primary PUD Attached 360 359 89.14 9.15 7/1/2007 6/1/2037 1593.56 581020407 DREXEL HILL PA 19026 Primary Single Family Detached 360 359 90 6.67 7/1/2007 6/1/2037 1401.04 581020409 ATLANTA GA 30316 Primary Single Family Detached 360 359 90 10.21 7/1/2007 6/1/2037 1085.15 581020411 BAKERSFIELD CA 93309 Primary Single Family Detached 360 359 80 6.89 7/1/2007 6/1/2037 1055.15 581020443 LA GRANGE CA 95329 Primary PUD Detached 360 359 90 7.45 7/1/2007 6/1/2037 2348.15 581020447 SACRAMENTO CA 95838 Primary Single Family Detached 360 359 90 8.9 7/1/2007 6/1/2037 1891.46 581020450 LACEY WA 98516 Primary PUD Detached 360 359 82.2 7.95 7/1/2007 6/1/2037 3001.46 581020472 ANTIOCH CA 94509 Primary Single Family Detached 360 359 90 8.3 7/1/2007 6/1/2037 2568.42 581020486 OAKLAND CA 94621 Primary Single Family Detached 360 359 90 7.25 7/1/2007 6/1/2037 2346.98 581020511 PORTLAND OR 97266 Primary Single Family Detached 360 359 75 9.25 7/1/2007 6/1/2037 1326.56 581020566 FORT LUPTON CO 80621 Primary Single Family Detached 360 359 85 9.8 7/1/2007 6/1/2037 2346.89 581020582 TULARE CA 93274 Primary Single Family Detached 360 359 63.83 7.85 7/1/2007 6/1/2037 1001.27 581020602 WASHOUGAL WA 98671 Primary Single Family Detached 360 359 80 8.8 7/1/2007 6/1/2037 2698.67 581020617 FORT COLLINS CO 80526 Primary Single Family Detached 360 359 87.78 8.5 7/1/2007 6/1/2037 2429.77 581020685 CANON CITY CO 81212 Primary Single Family Detached 360 359 90 8.35 7/1/2007 6/1/2037 2149.8 581020686 BEAVERTON OR 97007 Primary Single Family Detached 360 359 85 8.25 7/1/2007 6/1/2037 1717.77 581020768 FORT COLLINS CO 80521 Primary Single Family Detached 360 359 90 8.75 7/1/2007 6/1/2037 1353.91 581020814 COLORADO SPRINGS CO 80920 Primary PUD Detached 360 359 86.62 8.7 7/1/2007 6/1/2037 1756.66 621023908 NORTH BAY VILLAGE FL 33141 Non-owner Condo Low-Rise Attached 360 359 65 9.175 7/1/2007 6/1/2037 1614.88 621023952 TAMPA FL 33604 Non-owner Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 1945.8 621024031 FAIRBURN GA 30213 Primary Single Family Detached 360 358 80 8.625 6/1/2007 5/1/2037 1088.91 621024160 SUNRISE FL 33313 Primary Single Family Detached 360 357 80 8.82 5/1/2007 4/1/2037 1583.41 621024184 MIAMI FL 33126 Non-owner 2-4 Units Detached 360 358 70 7.975 6/1/2007 5/1/2037 2075.28 621024394 AUSTELL GA 30168 Primary Single Family Detached 360 358 90 9.525 6/1/2007 5/1/2037 1205.83 621024421 BOYNTON BEACH FL 33435 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 2032.51 621024454 PAHOKEE FL 33476 Non-owner Single Family Detached 360 359 85 11.6 7/1/2007 6/1/2037 1119.68 621024498 FORT PIERCE FL 34951 Primary Single Family Detached 360 359 84.85 9.25 7/1/2007 6/1/2037 1106.92 621024611 DELAND FL 32720 Primary Single Family Detached 360 359 90 9.15 7/1/2007 6/1/2037 856.5 621024617 SAINT PETERSBURG FL 33705 Primary Single Family Detached 360 359 85 10.75 7/1/2007 6/1/2037 1119.6 621024660 PONTE VEDRA BEACH FL 32082 Primary PUD Attached 360 358 80 6.85 6/1/2007 5/1/2037 1163.74 621024670 FORT PIERCE FL 34945 Primary Single Family Detached 360 359 63.29 7.15 7/1/2007 6/1/2037 1752.68 621024673 PLANTATION FL 33317 Primary Single Family Detached 360 359 46.79 7.6 7/1/2007 6/1/2037 1155.83 621024675 MIAMI FL 33056 Primary Single Family Attached 360 359 85 9.4 7/1/2007 6/1/2037 1207.04 621024699 SAINT PETERSBURG FL 33712 Primary Single Family Detached 360 359 67.74 7.5 7/1/2007 6/1/2037 1468.35 621024704 MIAMI FL 33177 Primary Single Family Detached 360 359 55.08 6.4 7/1/2007 6/1/2037 1085.27 621024719 JUPITER FL 33458 Primary Single Family Detached 360 359 69.78 9 7/1/2007 6/1/2037 1263.26 621024736 POMPANO BEACH FL 33064 Primary Single Family Detached 360 359 68 9.35 7/1/2007 6/1/2037 1410.88 621024739 FORT LAUDERDALE FL 33304 Second Home Condo High-Rise Attached 360 359 80 7.65 7/1/2007 6/1/2037 2781.3 621024767 JACKSONVILLE FL 32221 Primary PUD Detached 360 358 90 7.95 6/1/2007 5/1/2037 1337.19 621024797 SUNRISE FL 33351 Primary Condo Low-Rise Attached 360 358 69.12 7.825 6/1/2007 5/1/2037 1082.4 621024807 SARASOTA FL 34235 Primary Single Family Detached 360 359 90 8.95 7/1/2007 6/1/2037 1935.48 621024808 MIAMI FL 33142 Non-owner 2-4 Units Attached 360 359 80 9.1 7/1/2007 6/1/2037 1558.71 621024811 MIAMI FL 33175 Primary Single Family Detached 360 359 42.5 7.25 7/1/2007 6/1/2037 1159.7 621024818 STUART FL 34997 Primary 2-4 Units Attached 360 359 80 9.4 7/1/2007 6/1/2037 2133.93 621024832 MIAMI FL 33186 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 3190.09 621024834 MIAMI FL 33179 Primary Condo Low-Rise Attached 360 358 90 10.35 6/1/2007 5/1/2037 1085.26 621024856 MIAMI FL 33167 Primary Single Family Detached 360 359 80 7.42 7/1/2007 6/1/2037 1415.24 621024867 POMPANO BEACH FL 33064 Primary Single Family Detached 360 359 70 9.85 7/1/2007 6/1/2037 1641.27 621024871 LAKE WORTH FL 33460 Primary Single Family Detached 360 359 80 9.25 7/1/2007 6/1/2037 1339.2 621024873 WEELINGTON FL 33414 Primary PUD Attached 360 359 69.75 10.95 7/1/2007 6/1/2037 1885.71 621024877 MIAMI FL 33150 Non-owner Single Family Detached 360 359 59.49 8.8 7/1/2007 6/1/2037 869.75 621024887 MIAMI (UNINC) FL 33032 Non-owner Single Family Detached 360 358 85 12 6/1/2007 5/1/2037 2015.05 621024952 JACKSONVILLE FL 32208 Primary Single Family Detached 360 359 85 10.1 7/1/2007 6/1/2037 946.99 621024971 MIAMI FL 33133 Primary 2-4 Units Detached 360 359 44.83 6.725 7/1/2007 6/1/2037 1682.13 621024975 FORT PIERCE FL 34945 Primary Single Family Detached 360 359 75 8.6 7/1/2007 6/1/2037 2725.05 621024977 MELBOURNE FL 32940 Primary PUD Detached 360 359 55 7.65 7/1/2007 6/1/2037 1121.92 621024978 POMPANO BEACH FL 33064 Primary Single Family Detached 360 359 51.79 8.5 7/1/2007 6/1/2037 1042.17 621024994 FORT LAUDERDALE FL 33312 Non-owner PUD Detached 360 359 85 11.75 7/1/2007 6/1/2037 3835.25 621025025 WEST PALM BEACH FL 33415 Non-owner PUD Attached 360 359 45 9.6 7/1/2007 6/1/2037 858.76 621025027 MIAMI FL 33157 Non-owner Single Family Detached 360 359 80 9.7 7/1/2007 6/1/2037 2320.07 621025083 CORAL SPRINGS FL 33065 Non-owner 2-4 Units Attached 360 359 86.23 9.55 7/1/2007 6/1/2037 3859.55 661024166 BENNETTSVILLE SC 29512 Primary Single Family Detached 360 358 90 11.05 6/1/2007 5/1/2037 1101.43 661024255 MIAMI FL 33177 Primary Condo Low-Rise Attached 360 358 90 7.37 6/1/2007 5/1/2037 1332.79 661024455 MURRIETA CA 92562 Primary Single Family Detached 360 358 75 8.9 6/1/2007 5/1/2037 2645.79 661024537 SALT LAKE CITY UT 84121 Primary Single Family Detached 360 359 65.3 6.65 7/1/2007 6/1/2037 1123.44 661024595 CHEHALIS WA 98532 Primary Single Family Detached 360 359 80 11.05 7/1/2007 6/1/2037 3304.29 661024625 TWIN LAKES WI 53181 Primary Single Family Detached 360 358 90 8.55 6/1/2007 5/1/2037 1640.7 661024881 TACOMA WA 98418 Primary Single Family Detached 360 358 85 9.25 6/1/2007 5/1/2037 1356.72 661024895 MADERA CA 93637 Primary Single Family Detached 360 358 80 7.95 6/1/2007 5/1/2037 1798.06 661024925 (WILDOMAR AREA) CA 92595 Primary Single Family Detached 360 358 90 9 6/1/2007 5/1/2037 2321.22 661025033 OWENSBORO KY 42301 Non-owner Single Family Detached 360 358 90 10.125 6/1/2007 5/1/2037 1356.84 661025039 LOS ANGELES CA 91040 Primary Single Family Detached 360 358 44.44 9.1 6/1/2007 5/1/2037 1623.66 661025063 LOS ANGELES CA 90026 Primary 2-4 Units Attached 360 358 55.12 7.8 6/1/2007 5/1/2037 2519.73 661025064 REDDING CA 96001 Primary Single Family Detached 360 358 80 8.2 6/1/2007 5/1/2037 1529.03 661025067 MORENO VALLEY CA 92557 Primary Single Family Detached 360 358 76.92 8.25 6/1/2007 5/1/2037 2446.35 661025101 RIVERSIDE CA 92504 Primary Single Family Detached 360 358 80 9.425 6/1/2007 5/1/2037 2670.05 661025114 RIVERSIDE CA 92507 Primary Single Family Detached 360 358 59.69 9.2 6/1/2007 5/1/2037 1526.38 661025129 OLIVE BRANCH MS 38654 Primary Single Family Detached 240 238 75 10.3 6/1/2007 5/1/2027 3656.74 661025138 GLENDALE CA 91206 Primary Condo Low-Rise Attached 360 358 70 7.225 6/1/2007 5/1/2037 2144.72 661025203 CHINO HILLS CA 91709 Primary PUD Detached 360 359 80 7.9 7/1/2007 6/1/2037 2822.81 661025213 POMONA CA 91768 Primary Single Family Detached 360 358 47.76 6.4 6/1/2007 5/1/2037 1269.65 661025223 OAKLEY CA 94561 Primary PUD Detached 360 359 59.87 7.3 7/1/2007 6/1/2037 1463.6 661025231 HACIENDA HEIGHTS CA 91745 Primary Single Family Detached 360 358 70 7.15 6/1/2007 5/1/2037 2081.8 661025241 PLACENTIA CA 92870 Primary Condo Low-Rise Attached 360 359 90 9.25 7/1/2007 6/1/2037 2931.77 661025265 LOS ANGELES CA 90011 Primary Single Family Detached 360 358 90 7.5 6/1/2007 5/1/2037 2587.5 661025279 JACKSONVILLE FL 32216 Primary Single Family Detached 360 359 85 7.45 7/1/2007 6/1/2037 878.97 661025284 LOS ANGELES CA 90061 Primary Single Family Detached 360 358 65 6.3 6/1/2007 5/1/2037 1658.47 661025287 PALMDALE CA 93551 Primary Single Family Detached 360 359 85 6.6 7/1/2007 6/1/2037 1553.83 661025295 STOCKTON CA 95206 Primary Single Family Detached 360 358 74.95 7.7 6/1/2007 5/1/2037 2698.32 661025297 CITY OF SAN BERNARDINO CA 92410 Non-owner Single Family Detached 360 358 85 10.05 6/1/2007 5/1/2037 2172.33 661025298 CITY OF HIGHLAND CA 92346 Primary Single Family Detached 360 358 90 9.2 6/1/2007 5/1/2037 3096.03 661025309 VICTORVILLE CA 92392 Primary Single Family Detached 360 358 90 9.4 6/1/2007 5/1/2037 2625.77 661025328 THOUSAND OAKS CA 91362 Primary Condo Low-Rise Attached 360 359 90 7.5 7/1/2007 6/1/2037 2255.86 661025337 HESPERIA CA 92345 Primary Single Family Detached 360 358 80 8.65 6/1/2007 5/1/2037 2114.45 661025350 CITY OF RIALTO CA 92376 Primary Single Family Detached 360 358 80 6.9 6/1/2007 5/1/2037 2319.15 661025372 VICTORVILLE CA 92392 Primary Single Family Detached 360 359 90 8.35 7/1/2007 6/1/2037 2226.61 661025373 ORANGE CA 92868 Primary Single Family Detached 360 359 52.17 6.4 7/1/2007 6/1/2037 1668.6 661025374 NORTH PORT FL 34287 Non-owner Single Family Detached 360 359 90 10.25 7/1/2007 6/1/2037 2379.15 661025386 LOS ANGELES CA 90008 Primary Single Family Detached 360 358 49.84 7.35 6/1/2007 5/1/2037 2012.22 661025422 INGLEWOOD CA 90305 Primary Single Family Detached 360 358 53.85 6.15 6/1/2007 5/1/2037 1765.77 661025434 INDIO CA 92201 Primary Single Family Detached 360 358 84.94 7.99 6/1/2007 5/1/2037 2564.69 661025452 LANCASTER CA 93535 Primary Single Family Detached 360 359 75 9.7 7/1/2007 6/1/2037 1548.1 661025467 DUARTE CA 91010 Primary Single Family Detached 360 358 80 7.05 6/1/2007 5/1/2037 2500.27 661025469 RICHMOND VA 23237 Primary Single Family Detached 360 359 85 8.95 7/1/2007 6/1/2037 1193.87 661025507 NUEVO CA 92567 Primary Single Family Detached 360 358 80 9.95 6/1/2007 5/1/2037 2873.75 661025521 KAPAA HI 96746 Primary Single Family Detached 360 359 65 8.85 7/1/2007 6/1/2037 2322.02 661025531 ORLANDO FL 32811 Non-owner Condo Low-Rise Attached 360 359 85 10.65 7/1/2007 6/1/2037 1219.97 661025534 LOS ANGELES CA 90007 Non-owner 2-4 Units Attached 360 359 75 9.5 7/1/2007 6/1/2037 4193.76 661025539 HOLUALOA HI 96725 Primary Condo Low-Rise Attached 360 359 85 7.25 7/1/2007 6/1/2037 1590.38 661025564 LOS ANGELES CA 90044 Primary 2-4 Units Detached 360 359 91.67 10.1 7/1/2007 6/1/2037 4193.7 661025570 (QUARTZ HILL AREA) CA 93536 Primary Single Family Detached 360 359 60.74 7.45 7/1/2007 6/1/2037 1043.62 661025573 CORONA CA 92879 Primary Single Family Detached 360 358 61.52 8.21 6/1/2007 5/1/2037 1519.37 661025597 RIALTO CA 92376 Primary 2-4 Units Attached 360 359 51.79 9.05 7/1/2007 6/1/2037 1907.02 661025605 SYLMAR CA 91342 Primary Single Family Detached 360 359 66.11 6.9 7/1/2007 6/1/2037 2108.84 661025610 ONTARIO CA 91762 Primary Single Family Detached 360 359 80 6.9 7/1/2007 6/1/2037 2091.04 661025632 ELK GROVE CA 95758 Primary Single Family Detached 360 358 86.59 8.55 6/1/2007 5/1/2037 2565.61 661025641 KEIZER OR 97303 Primary Single Family Detached 360 359 80 9.85 7/1/2007 6/1/2037 1493.89 661025651 PORTERVILLE CA 93257 Non-owner Single Family Detached 360 359 85 10.95 7/1/2007 6/1/2037 2136.6 661025654 PHOENIX AZ 85040 Primary Single Family Detached 360 359 90 8.1 7/1/2007 6/1/2037 1422.37 661025657 RIVERSIDE CA 92503 Primary Single Family Detached 360 359 90 7.75 7/1/2007 6/1/2037 2758.58 661025682 LAS VEGAS NV 89142 Primary Single Family Detached 360 358 85 7.975 6/1/2007 5/1/2037 1414.61 661025688 NATIONAL CITY CA 91950 Primary Single Family Detached 360 359 70 8.99 7/1/2007 6/1/2037 2157.66 661025690 FONTANA CA 92335 Primary Single Family Detached 360 359 80 7.45 7/1/2007 6/1/2037 1920.39 661025745 BAKERSFIELD CA 93306 Primary Single Family Detached 360 359 90 7.78 7/1/2007 6/1/2037 1578.97 661025768 RICO CO 81332 Primary Single Family Detached 360 359 85 8.8 7/1/2007 6/1/2037 2088.45 661025800 SAN BERNARDINO CA 92404 Non-owner Single Family Detached 360 359 90 10.1 7/1/2007 6/1/2037 1911.54 661025820 RANCHO CUCAMONGA CA 91737 Primary Single Family Detached 360 359 56 8.3 7/1/2007 6/1/2037 2311.7 661025843 RIVERSIDE CA 92501 Primary Single Family Detached 360 359 80 6.7 7/1/2007 6/1/2037 1792.06 661025857 ONTARIO CA 91762 Primary Single Family Detached 360 359 90 8.45 7/1/2007 6/1/2037 2637.53 661025864 BELL CA 90201 Primary Single Family Detached 360 359 56.84 6.75 7/1/2007 6/1/2037 1573.09 661026004 SAN BERNARDINO CA 92410 Primary Single Family Detached 360 359 90 10.3 7/1/2007 6/1/2037 1498.2 671019953 SYRACUSE UT 84075 Primary Single Family Detached 360 359 90 12 7/1/2007 6/1/2037 2545.82 671019970 MONTEREY CA 93940 Primary Condo Low-Rise Attached 360 358 75 7.1 6/1/2007 5/1/2037 2404.81 671020486 TURLOCK CA 95380 Primary Single Family Detached 360 358 83.33 7.4 6/1/2007 5/1/2037 1765.57 671020495 CHANDLER AZ 85225 Non-owner Single Family Attached 360 359 70 8.7 7/1/2007 6/1/2037 1041.57 671020505 WEST JORDAN UT 84088 Primary Single Family Detached 360 358 90 8.8 6/1/2007 5/1/2037 1871.35 671020521 OAKLAND CA 94621 Primary Single Family Detached 360 358 85 7.3 6/1/2007 5/1/2037 2389.68 671020582 GLENDALE AZ 85302 Primary Single Family Detached 360 358 80 8.85 6/1/2007 5/1/2037 1464.96 671020604 LAYTON UT 84041 Primary Single Family Detached 360 359 85 8.55 7/1/2007 6/1/2037 1503.28 671020624 LEHI UT 84043 Primary Condo Low-Rise Attached 360 359 90 9.95 7/1/2007 6/1/2037 1061.76 671020669 VALRICO FL 33594 Primary Single Family Detached 360 359 80 9.65 7/1/2007 6/1/2037 2300.9 671020671 PALMDALE CA 93552 Primary Single Family Detached 360 358 76.55 6.7 6/1/2007 5/1/2037 1794.44 671020708 OREM UT 84057 Primary Single Family Detached 360 358 87.79 7.9 6/1/2007 5/1/2037 1013.86 671020718 SAN FRANCISCO CA 94115 Primary Condo Low-Rise Attached 360 358 90 7.85 6/1/2007 5/1/2037 2583.28 671020726 MORENO VALLEY CA 92557 Primary PUD Detached 360 359 85 5.85 7/1/2007 6/1/2037 1743.44 671020729 SALT LAKE CITY UT 84118 Primary Single Family Detached 360 359 90 10.175 7/1/2007 6/1/2037 1202.22 671020731 TOQUERVILLE UT 84774 Primary Single Family Detached 360 359 70 8.7 7/1/2007 6/1/2037 2000.9 671020746 TWAIN HARTE CA 95383 Primary Single Family Detached 360 359 80 8.15 7/1/2007 6/1/2037 2753.23 671020749 FRESNO CA 93706 Primary Single Family Detached 360 359 90 9.15 7/1/2007 6/1/2037 1421.72 671020773 PACIFICA CA 94044 Primary Single Family Detached 360 358 52.13 7.05 6/1/2007 5/1/2037 1998.21 671020808 SURPRISE AZ 85379 Primary PUD Detached 360 359 90 9.7 7/1/2007 6/1/2037 1969.18 671020817 LYNWOOD CA 90262 Primary 2-4 Units Detached 360 359 47.14 8.2 7/1/2007 6/1/2037 1834.84 671020851 MAPLETON UT 84664 Primary Single Family Detached 360 359 85 8.3 7/1/2007 6/1/2037 1356.26 671020853 OGDEN UT 84403 Primary Single Family Detached 360 359 90 8.5 7/1/2007 6/1/2037 1418.65 671020864 PROVO UT 84601 Primary Single Family Detached 360 359 90 9.99 7/1/2007 6/1/2037 1436.25 671020868 ELVERTA CA 95626 Primary Single Family Detached 360 358 65 9.65 6/1/2007 5/1/2037 1865.91 671020881 EAGLE MOUNTAIN UT 84005 Primary PUD Detached 360 358 80 7.45 6/1/2007 5/1/2037 794.17 671020888 WATERFORD CA 95386 Primary Single Family Detached 360 359 90 7.65 7/1/2007 6/1/2037 2200.15 671020906 NORTH SALT LAKE UT 84054 Primary Single Family Detached 360 359 90 9.95 7/1/2007 6/1/2037 1615.83 671020908 PLEASANT GROVE UT 84062 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 1611.79 671020910 PALMDALE CA 93552 Primary Single Family Detached 360 359 80 8.75 7/1/2007 6/1/2037 2234.23 671020926 WEST VALLEY CITY UT 84119 Primary Single Family Detached 360 359 80 7 7/1/2007 6/1/2037 1237.07 671020950 KENT WA 98031 Primary Single Family Detached 360 358 90 8.5 6/1/2007 5/1/2037 2690.96 671020976 FREMONT CA 94536 Primary PUD Attached 360 359 75 6.475 7/1/2007 6/1/2037 1685.5 671020994 STOCKTON CA 95205 Primary Single Family Detached 360 359 73.53 8.05 7/1/2007 6/1/2037 1747.67 671021060 PUYALLUP WA 98374 Primary Single Family Detached 360 359 84 6.4 7/1/2007 6/1/2037 1354.9 671021164 WEST JORDAN UT 84084 Primary Single Family Detached 360 359 65 9.05 7/1/2007 6/1/2037 1365.9 831076889 BRADENTON FL 34207 Primary PUD Detached 360 357 59.17 6.88 5/1/2007 4/1/2037 592.52 831076891 PALM HARBOR FL 34683 Primary Single Family Detached 360 357 72.94 8.99 5/1/2007 4/1/2037 1495.26 831076893 APALACHICOLA FL 32320 Primary Single Family Detached 360 357 76.92 8.99 5/1/2007 4/1/2037 1515.54 831076894 JUPITER FL 33478 Primary Single Family Detached 360 357 61.7 8.85 5/1/2007 4/1/2037 1515.57 831076895 LAKE WORTH FL 33461 Primary Single Family Detached 360 357 80 9.49 5/1/2007 4/1/2037 848.97 831077041 MIRAMAR FL 33027 Primary PUD Detached 360 357 66.94 8.45 5/1/2007 4/1/2037 3099.76 831077042 COLTON CA 92324 Primary Single Family Detached 360 357 85 7.91 5/1/2007 4/1/2037 2356.01 831077044 HENDERSON NV 89015 Primary Single Family Detached 360 357 53.57 7.8 5/1/2007 4/1/2037 1990.81 831077045 (LAKE ARROWHEAD AREA) CA 92352 Primary Single Family Detached 360 357 70 6.75 5/1/2007 4/1/2037 2701.41 831077047 NIXA MO 65714 Primary Single Family Detached 360 357 76.92 7.61 5/1/2007 4/1/2037 706.76 831077048 LOS ANGELES CA 90011 Primary 2-4 Units Detached 360 357 90 8.92 5/1/2007 4/1/2037 3114 831077051 ELMA WA 98541 Primary Single Family Detached 360 357 80 7.89 5/1/2007 4/1/2037 1731.42 831077166 LAKE HAVASU CITY AZ 86404 Primary Single Family Detached 360 357 57.87 7.2 5/1/2007 4/1/2037 839.18 831077210 GARFIELD NJ 07026 Primary 2-4 Units Detached 360 357 63.83 7.9 5/1/2007 4/1/2037 2180.42 831077211 RAHWAY NJ 07065 Primary Single Family Detached 360 357 66.43 7.65 5/1/2007 4/1/2037 1319.7 831077212 LAKEWOOD NJ 08701 Primary Single Family Detached 360 357 50 8.78 5/1/2007 4/1/2037 1380.48 831077213 FREEHOLD NJ 07728 Primary Single Family Detached 360 357 80 8.65 5/1/2007 4/1/2037 3243.01 831077214 TOMS RIVER (DOVER TWP) NJ 08755 Primary Single Family Detached 360 357 46 7.875 5/1/2007 4/1/2037 1667.66 831077253 CORAL SPRINGS FL 33067 Primary PUD Detached 360 356 80 7.95 4/1/2007 3/1/2037 2517.7 831077259 SPRINGVILLE CA 93265 Primary Single Family Detached 360 356 69.81 9.25 4/1/2007 3/1/2037 1170.18 831077314 SUNRISE FL 33322 Primary Single Family Detached 360 356 74.07 6.7 4/1/2007 3/1/2037 1157.66 831077326 MILFORD CT 06460 Primary Single Family Detached 360 357 74.14 7.25 5/1/2007 4/1/2037 1334.92 831077331 SALISBURY MD 21801 Primary Single Family Detached 360 356 72.56 8.45 4/1/2007 3/1/2037 1137.7 831077334 FORT LAUDERDALE FL 33309 Primary Single Family Detached 360 356 85 8.35 4/1/2007 3/1/2037 1682.33 831077559 STATEN ISLAND NY 10310 Primary 2-4 Units Detached 360 358 85 8.99 6/1/2007 5/1/2037 3027.29 831077560 TAMARAC FL 33321 Primary Condo Low-Rise Attached 360 358 68.72 8.375 6/1/2007 5/1/2037 1105.79 831077564 NEW WINDSOR NY 12553 Primary Single Family Detached 360 357 80 8.75 5/1/2007 4/1/2037 1772.67 831077570 COACHELLA CA 92236 Primary Single Family Detached 360 357 72 8.75 5/1/2007 4/1/2037 1642.63 831077579 HESPERIA CA 92345 Primary Single Family Detached 360 358 78.75 9.3 6/1/2007 5/1/2037 2082.28 831077594 (BIG BEAR LAKE AREA) CA 92314 Primary Single Family Attached 360 357 83.59 7.99 5/1/2007 4/1/2037 1875.32 831077605 ZEPHYR HILLS FL 33542 Primary Single Family Detached 360 356 90 7.55 4/1/2007 3/1/2037 982.73 831077607 WALDEN NY 12586 Primary Single Family Detached 360 356 87.81 8.85 4/1/2007 3/1/2037 1888.19 831077609 BROOMES ISLAND MD 20615 Primary Single Family Detached 360 356 75 7.65 4/1/2007 3/1/2037 1383.55 831077613 NORTH LAUDERDALE FL 33068 Primary Single Family Detached 360 357 80 8.32 5/1/2007 4/1/2037 1905.61 831077614 CENTER HILL FL 33514 Primary Single Family Detached 360 357 60 8.15 5/1/2007 4/1/2037 803.79 831077615 POMPANO BEACH FL 33064 Primary Condo Low-Rise Attached 360 357 65 7.885 5/1/2007 4/1/2037 1115.88 831077618 FT LAUDERDALE FL 33304 Primary Single Family Detached 360 357 89.87 6.6 5/1/2007 4/1/2037 1262.23 831077624 ORLANDO FL 32804 Primary Single Family Detached 360 358 80 8.84 6/1/2007 5/1/2037 1618 831077628 SAN DIEGO CA 92102 Primary Single Family Detached 360 357 64.4 7.32 5/1/2007 4/1/2037 2211.92 831077684 RIVERSIDE (AREA) CA 92509 Primary Single Family Detached 360 357 58.92 7.4 5/1/2007 4/1/2037 1079.17 831077686 JAMAICA NY 11434 Primary Single Family Detached 360 357 62.92 11.25 5/1/2007 4/1/2037 2719.53 831077693 SAN BERNARDINO CA 92411 Primary Single Family Detached 360 358 68.06 7.625 6/1/2007 5/1/2037 1592.38 831077702 BAKERSFIELD CA 93309 Non-owner Single Family Detached 360 358 39.98 8.7 6/1/2007 5/1/2037 845.45 831077713 LYNN MA 01902 Primary 2-4 Units Detached 360 356 75 8.25 4/1/2007 3/1/2037 2018.24 831077715 MIDDLETOWN CT 06457 Primary Single Family Detached 360 356 67.87 7 4/1/2007 3/1/2037 1245.5 831077716 BROOKLYN NY 11228 Primary Single Family Detached 360 356 36.76 7.05 4/1/2007 3/1/2037 1513.8 831077717 BATTLE GROUND WA 98604 Primary Single Family Attached 360 356 88.5 7.9 4/1/2007 3/1/2037 1138.34 831077719 SAN DIEGO CA 92128 Primary PUD Detached 360 356 35.37 8.3 4/1/2007 3/1/2037 1962.44 831077807 SANTA ROSA CA 95403 Non-owner Single Family Detached 360 358 66.35 9.72 6/1/2007 5/1/2037 2956.48 831077808 WOODLAND CA 95695 Primary Single Family Detached 360 358 29.94 8 6/1/2007 5/1/2037 733.76 831077809 SOUTH DAYTONA FL 32119 Primary Single Family Attached 360 358 70 8.85 6/1/2007 5/1/2037 916.9 831077810 LAKELAND FL 33805 Primary Single Family Detached 360 358 80 9.81 6/1/2007 5/1/2037 1236.62 831077811 WOOLWICH ME 04579 Primary Single Family Detached 360 357 74.45 9.85 5/1/2007 4/1/2037 883.84 831077812 MANAHAWKIN (STAFFORD TWP) NJ 08050 Primary Single Family Detached 360 358 34.13 8.75 6/1/2007 5/1/2037 1691.41 831077814 LAUDERDALE LAKES FL 33319 Primary Single Family Detached 360 358 74.81 7.35 6/1/2007 5/1/2037 1306.97 831077815 LAKE WORTH FL 33461 Primary Single Family Detached 360 358 80 8.95 6/1/2007 5/1/2037 1651.7 831077820 RIVERSIDE CA 92509 Primary Single Family Detached 360 357 80 7.99 5/1/2007 4/1/2037 2167.03 831077821 LOS ANGELES CA 90011 Primary 2-4 Units Detached 360 356 90 7.7 4/1/2007 3/1/2037 3724.49 831077822 RIVERVIEW FL 33569 Primary Single Family Detached 360 358 50.23 8.5 6/1/2007 5/1/2037 1362.46 831077823 PHOENIX AZ 85041 Primary Single Family Detached 360 357 56.12 7.35 5/1/2007 4/1/2037 2668.93 831077827 MIAMI GARDENS FL 33056 Primary Single Family Detached 360 358 79.68 9.99 6/1/2007 5/1/2037 1696.72 831077829 KISSIMMEE FL 34759 Primary PUD Detached 360 357 70 8.9 5/1/2007 4/1/2037 1069.14 831077832 WEST PALM BEACH FL 33409 Non-owner Single Family Detached 360 358 80 10.5 6/1/2007 5/1/2037 1573.35 831077867 BRONX NY 10473 Primary Condo Low-Rise Attached 360 356 90 7.55 4/1/2007 3/1/2037 1727.22 831077873 BELLEVILLE NJ 07109 Primary Single Family Detached 360 355 67.27 8.5 3/1/2007 2/1/2037 1329.67 831077877 NEW BRUNSWICK NJ 08901 Primary Single Family Detached 360 356 51.85 7 4/1/2007 3/1/2037 842.36 831077889 FRESNO CA 93722 Primary Single Family Detached 360 356 68.09 7.84 4/1/2007 3/1/2037 1093.33 831077893 FORT LAUDERDALE FL 33311 Primary Single Family Detached 360 358 57.08 7.875 6/1/2007 5/1/2037 939.75 831077894 LAKE WORTH FL 33463 Primary PUD Detached 360 358 53.1 7.15 6/1/2007 5/1/2037 973.83 831077897 LOXAHATCHEE FL 33470 Primary Single Family Detached 360 358 80 9.99 6/1/2007 5/1/2037 2469.17 831077901 FORT LEE NJ 07024 Primary 2-4 Units Detached 360 358 53.23 9.5 6/1/2007 5/1/2037 2909.36 831077902 EDGEWATER FL 32132 Primary Single Family Detached 360 357 80 7.65 5/1/2007 4/1/2037 879.8 831077906 TOMS RIVER NJ 08755 Primary Condo Low-Rise Attached 360 355 80 8.15 3/1/2007 2/1/2037 1518.27 831077907 TOWNSHIP OF EASTAMPTON NJ 08060 Primary Single Family Detached 360 358 71.19 9.85 6/1/2007 5/1/2037 1819.67 831077912 LAKE WORTH FL 33461 Primary Single Family Detached 360 358 58.33 8.3 6/1/2007 5/1/2037 1320.87 831077920 ST CLOUD FL 34772 Primary Single Family Detached 360 358 85 9.55 6/1/2007 5/1/2037 2421.51 831077922 ST PETERSBURG FL 33710 Primary Single Family Detached 360 358 80 9.21 6/1/2007 5/1/2037 1302.66 831077924 DETROIT MI 48224 Non-owner Single Family Detached 360 358 85 11.49 6/1/2007 5/1/2037 714.93 831077929 ELMONT NY 11003 Primary Single Family Detached 360 358 80 9.99 6/1/2007 5/1/2037 3331.96 831077931 ELMONT NY 11003 Primary Single Family Detached 360 358 75 8.95 6/1/2007 5/1/2037 2688.16 831077932 WURTSBORO NY 12790 Primary Single Family Detached 360 358 90 10.25 6/1/2007 5/1/2037 1935.58 831077933 SHIRLEY NY 11967 Primary Single Family Detached 360 358 80 8.5 6/1/2007 5/1/2037 2245.23 831077937 BRIDGEPORT CT 06608 Primary 2-4 Units Detached 360 358 65 8.49 6/1/2007 5/1/2037 1820 831077954 GARDENA CA 90249 Primary Single Family Detached 360 358 70 7.25 6/1/2007 5/1/2037 2433.91 831077955 PINELLAS PARK FL 33781 Non-owner Single Family Detached 360 358 65 8.75 6/1/2007 5/1/2037 961.35 831077958 FORT BRAGG CA 95437 Primary Single Family Detached 360 358 18.18 7.75 6/1/2007 5/1/2037 716.41 831077966 IMPERIAL BEACH CA 91932 Primary 2-4 Units Detached 360 358 75 8.45 6/1/2007 5/1/2037 3430.93 831077968 LONG BEACH CA 90806 Primary Single Family Detached 360 358 70.39 8.1 6/1/2007 5/1/2037 2163.74 831077974 TUCSON AZ 85746 Primary Single Family Detached 360 358 86.22 9.7 6/1/2007 5/1/2037 3161.49 831077977 MATTESON IL 60443 Primary Single Family Detached 360 358 80 8.8 6/1/2007 5/1/2037 1149.12 831077981 MOYOCK NC 27958 Primary Single Family Detached 360 357 64.66 7.5 5/1/2007 4/1/2037 2031.79 831077982 LAS VEGAS NV 89142 Primary PUD Detached 360 358 85 9.65 6/1/2007 5/1/2037 2099.74 831077983 MIAMI GARDENS FL 33169 Non-owner Single Family Detached 360 358 85 11.5 6/1/2007 5/1/2037 1893.93 831077984 FARIBAULT MN 55021 Primary Single Family Detached 360 358 90 10.27 6/1/2007 5/1/2037 1216.61 831077985 RACINE WI 53402 Primary Single Family Detached 360 358 65 9.45 6/1/2007 5/1/2037 609.49 831077986 PALMDALE CA 93552 Primary Single Family Detached 360 358 90 6.99 6/1/2007 5/1/2037 2569.72 831077987 FORT LAUDERDALE FL 33312 Primary Single Family Detached 360 358 59.62 8.11 6/1/2007 5/1/2037 1090.55 831077988 HOLLYWOOD FL 33023 Primary Single Family Detached 360 358 75 8.52 6/1/2007 5/1/2037 1646.58 831077989 BELLFLOWER CA 90706 Primary Single Family Detached 360 358 54.56 6.84 6/1/2007 5/1/2037 2035.78 831077990 LANCASTER CA 93535 Primary Single Family Detached 360 356 89.93 7.25 4/1/2007 3/1/2037 2157.29 831077991 ABERDEEN MD 21001 Primary PUD Attached 360 357 90 6.99 5/1/2007 4/1/2037 1189.83 831077995 TOMS RIVER NJ 08753 Primary Single Family Detached 360 358 80 8.3 6/1/2007 5/1/2037 1811.49 831077996 HOLLYWOOD FL 33020 Primary Condo Low-Rise Attached 360 356 73.67 7.55 4/1/2007 3/1/2037 731.25 831077997 GAINESVILLE FL 32605 Primary PUD Detached 360 356 90 8.95 4/1/2007 3/1/2037 2037.75 831077998 FORT MYERS FL 33913 Primary PUD Detached 360 356 80 8.1 4/1/2007 3/1/2037 2143.86 831078009 DOVER FL 33527 Non-owner Single Family Detached 360 357 80 10.35 5/1/2007 4/1/2037 975.83 831078013 TAMPA FL 33612 Primary Single Family Detached 360 358 75 8.3 6/1/2007 5/1/2037 843.49 831078016 DEERFIELD BEACH FL 33064 Non-owner Single Family Detached 360 357 85 8.8 5/1/2007 4/1/2037 1551.7 831078067 MIDDLETOWN NY 10940 Primary Single Family Detached 360 356 90 7.99 4/1/2007 3/1/2037 1531.51 831078068 ASHLAND MA 01721 Primary Single Family Detached 360 356 80 6.99 4/1/2007 3/1/2037 2679.79 831078075 BELL BUCKLE TN 37020 Primary Single Family Detached 360 358 52.91 11.8 6/1/2007 5/1/2037 1013.24 831078077 LAS VEGAS NV 89108 Primary Single Family Detached 360 358 68.54 8.5 6/1/2007 5/1/2037 1341.56 831078078 PINON HILL (AREA) CA 92372 Primary Single Family Detached 360 358 80 9.99 6/1/2007 5/1/2037 2630.5 831078082 LOS ANGELES (AREA) CA 90002 Primary 2-4 Units Detached 360 358 90 9.99 6/1/2007 5/1/2037 3970.33 831078084 RIO RICO AZ 85648 Primary Single Family Detached 360 358 79.81 8.39 6/1/2007 5/1/2037 1178.64 831078088 PHOENIX AZ 85031 Primary Single Family Detached 360 358 89.33 8.99 6/1/2007 5/1/2037 1615.85 831078101 LUMBERTON NC 28358 Primary Single Family Detached 360 356 72 8.9 4/1/2007 3/1/2037 1374.61 831078108 RISON AR 71665 Primary Single Family Detached 360 356 65 8.95 4/1/2007 3/1/2037 922.94 831078112 JOELTON TN 37080 Primary Single Family Detached 360 356 75.68 8.55 4/1/2007 3/1/2037 1226.94 831078113 LAVACA AR 72941 Primary Single Family Detached 360 356 90 6.9 4/1/2007 3/1/2037 1525.63 831078114 CHATTANOOGA TN 37405 Primary Single Family Detached 360 356 69.34 7.95 4/1/2007 3/1/2037 1016.6 831078120 TEMPE AZ 85283 Primary Condo Low-Rise Attached 360 356 40.69 11.475 4/1/2007 3/1/2037 1140.21 831078125 BALTIMORE MD 21206 Primary Single Family Attached 360 356 65 10.75 4/1/2007 3/1/2037 838.46 831078142 LAKE CITY FL 32025 Primary Single Family Detached 360 358 80 9.99 6/1/2007 5/1/2037 1425.25 831078163 VICTORY GARDENS NJ 07801 Non-owner Single Family Detached 360 358 69.81 10.75 6/1/2007 5/1/2037 1726.95 831078179 OCEANSIDE CA 92054 Primary Single Family Detached 360 358 90 8 6/1/2007 5/1/2037 2753.43 831078180 TUCSON AZ 85714 Primary Single Family Detached 360 357 55.71 8.125 5/1/2007 4/1/2037 549.67 831078200 MIAMI GARDENS FL 33055 Primary Single Family Detached 360 358 45 8.5 6/1/2007 5/1/2037 979.78 831078203 ONTARIO CA 91762 Primary Single Family Detached 360 358 79.14 8.25 6/1/2007 5/1/2037 2199.71 831078210 REISTERSTOWN MD 21136 Primary Single Family Detached 360 356 85 7.75 4/1/2007 3/1/2037 1524.09 951003760 WATERFORD MI 48327 Primary Single Family Detached 360 358 65 12.4 6/1/2007 5/1/2037 1267.17 951003820 KEEGO HARBOR MI 48320 Non-owner 2-4 Units Attached 360 359 75 8.625 7/1/2007 6/1/2037 1225.02 951003869 PONTIAC MI 48340 Primary Single Family Detached 360 358 90 10.65 6/1/2007 5/1/2037 708.37 951003945 BLOOMFIELD TOWNSHIP MI 48301 Primary Single Family Detached 360 359 89.49 9.75 7/1/2007 6/1/2037 2690.87 951004179 HAHNVILLE LA 70057 Primary Single Family Detached 360 359 59.68 7.7 7/1/2007 6/1/2037 1604.16 951004230 ELLENWOOD GA 30294 Primary Single Family Detached 360 357 90 10.625 5/1/2007 4/1/2037 1488.72 951004289 MELVINDALE MI 48122 Primary Single Family Detached 360 359 80 11.215 7/1/2007 6/1/2037 976.35 951004454 DETROIT MI 48224 Primary Single Family Detached 360 359 90 10.55 7/1/2007 6/1/2037 867.96 951004493 EASTPOINTE MI 48021 Non-owner Single Family Detached 360 359 90 9.85 7/1/2007 6/1/2037 967.02 951004548 CLEARWATER FL 33760 Non-owner Single Family Detached 360 358 53.07 7.75 6/1/2007 5/1/2037 866.86 951004573 DENHAM SPRINGS LA 70726 Primary Single Family Detached 360 359 77.55 9.25 7/1/2007 6/1/2037 3126.13 951004618 FARMINGTON HILLS MI 48336 Primary Single Family Detached 360 358 67.71 9.15 6/1/2007 5/1/2037 966.3 951004631 PLAINFIELD NJ 07062 Primary Single Family Detached 360 358 80 9.8 6/1/2007 5/1/2037 1691.14 951004662 BRONX NY 10467 Primary 2-4 Units Attached 360 359 78.95 7.6 7/1/2007 6/1/2037 2647.78 951004683 CLERMONT FL 34711 Second Home PUD Detached 360 359 85 9.12 7/1/2007 6/1/2037 1880.28 951004684 LANCASTER PA 17601 Primary Single Family Detached 360 358 76.68 7.625 6/1/2007 5/1/2037 1047.53 951004692 MONCLOVA OH 43542 Primary Single Family Detached 360 359 65 11.825 7/1/2007 6/1/2037 1101.96 951004737 MIDLOTHIAN VA 23112 Primary Single Family Detached 360 358 83 9.5 6/1/2007 5/1/2037 1570.3 951004740 JUPITER FL 33478 Primary Single Family Detached 360 359 85 7.9 7/1/2007 6/1/2037 2656.47 951004763 DETROIT MI 48223 Primary Single Family Detached 360 358 89.55 9.6 6/1/2007 5/1/2037 1017.79 951004783 GARFIELD NJ 07026 Primary Single Family Detached 360 359 54.06 7.825 7/1/2007 6/1/2037 1248.37 951004791 DENHAM SPRINGS LA 70726 Primary Single Family Detached 360 359 85 8.7 7/1/2007 6/1/2037 2403.04 951004819 JEFFERSON LA 70121 Primary Single Family Detached 360 359 80 9.625 7/1/2007 6/1/2037 1230 951004844 PASSAIC NJ 07055 Primary 2-4 Units Detached 360 358 78.26 8.95 6/1/2007 5/1/2037 2763.02 951004845 NORTHVALE NJ 07647 Primary Single Family Detached 360 359 42.33 8.75 7/1/2007 6/1/2037 1998.22 951004851 ATHENS GA 30605 Primary Single Family Detached 360 358 75.17 8.3 6/1/2007 5/1/2037 834.04 951004854 WESTLAND MI 48186 Non-owner 2-4 Units Attached 360 359 90 12 7/1/2007 6/1/2037 1050.73 951004858 MURRIETA CA 92562 Primary Single Family Detached 360 359 58.96 8.65 7/1/2007 6/1/2037 3102.69 951004864 OOLTEWAH TN 37363 Primary Single Family Detached 360 358 90 12.215 6/1/2007 5/1/2037 2088.29 951004867 CALDWELL NJ 07006 Primary Single Family Detached 360 359 75 8.45 7/1/2007 6/1/2037 2841.45 951004925 CHESNEE SC 29323 Primary Single Family Detached 360 358 90 10.875 6/1/2007 5/1/2037 1196.53 951004927 COLLEGE PARK GA 30349 Non-owner Single Family Detached 360 359 85 10.225 7/1/2007 6/1/2037 1124.96 951004930 EDISON NJ 08817 Primary Single Family Detached 360 359 78.73 9.37 7/1/2007 6/1/2037 2061.84 951004941 JACKSONVILLE FL 32217 Primary Single Family Detached 360 358 85 11.3 6/1/2007 5/1/2037 1649.31 951004943 NEW ORLEANS LA 70117 Non-owner Single Family Detached 360 359 90 9.975 7/1/2007 6/1/2037 1122.19 951004955 ROCKAWAY BEACH NY 11693 Primary 2-4 Units Detached 360 358 80 9.9 6/1/2007 5/1/2037 3722.91 951004973 COVINGTON GA 30016 Primary Single Family Detached 360 358 90 9.45 6/1/2007 5/1/2037 3272.26 951004981 NEW ORLEANS LA 70122 Non-owner 2-4 Units Detached 360 359 65.79 10.925 7/1/2007 6/1/2037 1183.33 951004992 WHITE LAKE MI 48383 Primary Single Family Detached 360 359 75 8.95 7/1/2007 6/1/2037 1663.83 951005003 NEW ORLEANS LA 70118 Non-owner 2-4 Units Detached 360 359 66.86 9.4 7/1/2007 6/1/2037 975.32 951005007 HAMMOND LA 70401 Primary Single Family Detached 360 359 90 12 7/1/2007 6/1/2037 3425.28 951005030 NEW ORLEANS LA 70119 Non-owner Single Family Detached 360 359 85 9.475 7/1/2007 6/1/2037 1174.51 951005035 CHESTNUT RIDGE NY 10977 Primary Single Family Detached 360 358 65 8.3 6/1/2007 5/1/2037 2379.46 951005041 DIAMONDHEAD MS 39525 Primary Single Family Detached 360 358 80 10.325 6/1/2007 5/1/2037 1154.15 951005048 LAKE WORTH FL 33461 Primary Single Family Detached 360 358 75 9.95 6/1/2007 5/1/2037 1356.58 951005059 BROOKLYN NY 11236 Primary 2-4 Units Attached 360 359 52.5 6.75 7/1/2007 6/1/2037 2043.08 951005102 MARLTON NJ 08053 Primary Single Family Detached 360 358 80 6.75 6/1/2007 5/1/2037 1286.82 951005110 KILL DEVIL HILLS NC 27948 Primary Single Family Detached 360 359 70 6.55 7/1/2007 6/1/2037 1642.96 951005153 ROSEDALE NY 11422 Primary Single Family Detached 180 179 41.33 7.75 7/1/2007 6/1/2022 1750.77 951005171 NORTH PLAINFIELD NJ 07060 Primary Single Family Detached 360 359 78.13 8.9 7/1/2007 6/1/2037 2192.95 951005187 BRONX NY 10469 Non-owner Single Family Detached 360 359 75 10.85 7/1/2007 6/1/2037 2491.31 951005198 GRETNA LA 70056 Primary Single Family Detached 360 359 80 10.2 7/1/2007 6/1/2037 999.47 951005202 GLASSBORO NJ 08028 Primary Single Family Detached 360 359 52.73 9.35 7/1/2007 6/1/2037 1203.4 951005206 SAYREVILLE NJ 08872 Primary Single Family Detached 360 359 74.79 10.9 7/1/2007 6/1/2037 3221.15 951005207 MACOMB MI 48044 Non-owner Single Family Detached 360 359 85 12 7/1/2007 6/1/2037 3409.85 951005224 HARDYSTON NJ 07419 Non-owner PUD Detached 360 359 90 10.55 7/1/2007 6/1/2037 2479.89 951005251 ELMONT NY 11003 Primary Single Family Detached 360 359 50 9.99 7/1/2007 6/1/2037 2192.08 951005265 SECAUCUS NJ 07094 Primary Single Family Detached 360 359 65 7.25 7/1/2007 6/1/2037 1840.17 951005279 MARIETTA GA 30068 Non-owner Single Family Detached 360 359 85 10.3 7/1/2007 6/1/2037 2026.85 951005300 MEBANE NC 27302 Primary Single Family Detached 360 359 78.46 7.175 7/1/2007 6/1/2037 941.13 951005310 OXFORD PA 19363 Primary Single Family Detached 360 359 85 8 7/1/2007 6/1/2037 1933.47 951005464 HARPER WOODS MI 48225 Primary Single Family Detached 360 359 80 11.8 7/1/2007 6/1/2037 1191.57 951005474 SLIDELL LA 70460 Primary Single Family Detached 360 359 90 8.725 7/1/2007 6/1/2037 1342.21 951005523 NEW ORLEANS LA 70122 Non-owner 2-4 Units Detached 360 359 85 10.825 7/1/2007 6/1/2037 1334.68 951006201 PATERSON NJ 07501 Primary 2-4 Units Detached 360 359 83.15 6.95 7/1/2007 6/1/2037 2215.31 961077142 ORLANDO FL 32835 Primary Single Family Attached 360 357 75 7.46 5/1/2007 4/1/2037 759.99 961077678 TAMPA FL 33604 Primary Single Family Detached 360 357 85 8.615 5/1/2007 4/1/2037 945.86 961077682 MIAMI FL 33147 Primary Single Family Detached 360 358 58.93 8.49 6/1/2007 5/1/2037 933.9 961077687 LA QUINTA CA 92253 Second Home PUD Detached 360 356 78.82 8.5 4/1/2007 3/1/2037 2455.87 961077801 ORLANDO FL 32835 Primary Single Family Detached 360 358 74.03 7.36 6/1/2007 5/1/2037 1606.42 961077817 SACRAMENTO CA 95819 Non-owner 2-4 Units Detached 360 357 80 11.75 5/1/2007 4/1/2037 3553.12 961077826 NAPLES FL 34113 Primary PUD Attached 360 356 82.11 9.1 4/1/2007 3/1/2037 2391.71 961077859 RIALTO CA 92376 Primary Single Family Detached 360 358 67.9 8.25 6/1/2007 5/1/2037 1963.88 961077860 BAKERSFIELD CA 93304 Primary Single Family Detached 360 358 67.5 6.725 6/1/2007 5/1/2037 1048.04 961077891 MIDDLEBURG FL 32068 Primary PUD Detached 360 358 75 7.61 6/1/2007 5/1/2037 1260.41 961077892 MODESTO CA 95355 Non-owner Single Family Detached 360 358 70 9.65 6/1/2007 5/1/2037 2414.91 961077908 FORT LAUDERDALE FL 33311 Primary Single Family Detached 360 358 80 8.59 6/1/2007 5/1/2037 1225.35 961077909 POMPANO BEACH FL 33069 Non-owner Single Family Detached 360 358 75 7.8 6/1/2007 5/1/2037 944.83 961077926 RICHMOND VA 23236 Primary Single Family Detached 360 358 80 9.458 6/1/2007 5/1/2037 1742.68 961077927 BAKERSFIELD CA 93307 Primary Single Family Detached 360 358 67.08 7.94 6/1/2007 5/1/2037 995.89 961077938 ST PETERSBURG FL 33705 Primary PUD Detached 360 356 38.88 6.325 4/1/2007 3/1/2037 1862.36 961077939 BRISTOL TWP. PA 19057 Primary Single Family Detached 360 357 64.98 12.13 5/1/2007 4/1/2037 1396.96 961077948 CALDWELL ID 83605 Primary Single Family Detached 360 356 90 8.9 4/1/2007 3/1/2037 1305.88 961077949 KEAAU HI 96749 Primary Single Family Detached 360 356 43.93 6.825 4/1/2007 3/1/2037 686.27 961077950 WARNER ROBINS GA 31088 Primary Single Family Detached 360 357 90 8.963 5/1/2007 4/1/2037 1468.91 961077951 MONTGOMERY VILLAGE MD 20886 Primary Condo Low-Rise Attached 360 356 89.29 7.75 4/1/2007 3/1/2037 1522.39 961077960 APOPKA FL 32712 Primary PUD Detached 360 356 85 9.05 4/1/2007 3/1/2037 1910.9 961077961 SEATTLE WA 98106 Primary Single Family Detached 360 356 80 9.125 4/1/2007 3/1/2037 1924.38 961077962 TAMPA FL 33619 Non-owner Single Family Detached 360 358 63.64 10.99 6/1/2007 5/1/2037 799.32 961077964 LA GRANGE CA 95329 Primary PUD Detached 360 357 79.69 8.99 5/1/2007 4/1/2037 3144.01 961077965 LOS ANGELES CA 90003 Primary Single Family Detached 360 358 72.37 6.5 6/1/2007 5/1/2037 1550.22 961077978 KISSIMMEE FL 34744 Primary Single Family Detached 360 358 73.78 8.5 6/1/2007 5/1/2037 1049.57 961077979 FLANTATION FL 33322 Second Home Condo Low-Rise Attached 360 356 78 7.75 4/1/2007 3/1/2037 1319.41 961077980 KENT WA 98031 Primary Single Family Attached 360 357 30.3 8.9 5/1/2007 4/1/2037 797.44 961077999 HEMET (UNINCORPORATED AREA) CA 92544 Primary Single Family Detached 360 358 75 8.94 6/1/2007 5/1/2037 1938.75 961078000 GLENDALE NY 11385 Primary Single Family Detached 360 357 70 8.95 5/1/2007 4/1/2037 3252.17 961078001 BROOKSVILLE FL 34601 Primary Single Family Detached 360 358 75 9.25 6/1/2007 5/1/2037 863.81 961078002 YALAHA FL 34797 Primary Single Family Detached 360 358 57.23 6.762 6/1/2007 5/1/2037 1542.32 961078010 ORLANDO FL 32837 Primary Single Family Detached 360 358 69.78 8.96 6/1/2007 5/1/2037 1499.27 961078011 MORENO VALLEY CA 92553 Primary Single Family Detached 360 358 64.43 9.2 6/1/2007 5/1/2037 2047.64 961078072 PICO RIVERA CA 90660 Primary Single Family Detached 360 357 37.19 6.94 5/1/2007 4/1/2037 1401.91 961078096 HOLLIS NY 11412 Primary Single Family Detached 360 358 39.53 8.25 6/1/2007 5/1/2037 1277.15 961078161 MODESTO CA 95350 Primary Single Family Detached 360 358 75 9.32 6/1/2007 5/1/2037 1206.07 961078164 ORLANDO FL 32808 Primary Single Family Detached 360 358 80 9.49 6/1/2007 5/1/2037 1294.85 961078213 HAMPTON VA 23666 Primary PUD Attached 360 358 70 11.5 6/1/2007 5/1/2037 1019.01 961078214 TAMPA FL 33605 Non-owner Single Family Detached 360 359 70 11.84 7/1/2007 6/1/2037 946.19 961078270 PERRIS CA 92570 Primary Single Family Detached 360 357 69.84 9 5/1/2007 4/1/2037 1770.17 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1,603 357 77.41 8.69 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 061082188 MAYFIELD HGTS OH 44124 Primary Single Family Detached 360 359 80 9.825 7/1/2007 6/1/2037 913.09 061082272 OMAHA NE 68122 Primary PUD Detached 360 359 90 8.8 7/1/2007 6/1/2037 1415.03 061082300 NASHVILLE TN 37219 Primary Condo Low-Rise Attached 360 359 85 10.65 7/1/2007 6/1/2037 2392.71 061082391 OMAHA NE 68111 Non-owner Single Family Detached 360 359 85 11.75 7/1/2007 6/1/2037 574.86 061082392 OMAHA NE 68111 Non-owner Single Family Detached 360 359 85 11.75 7/1/2007 6/1/2037 592.02 061082486 CLEVELAND OH 44106 Primary Single Family Detached 360 359 89.99 11.2 7/1/2007 6/1/2037 644.26 061082530 ORLANDO FL 32818 Primary PUD Detached 180 179 43.82 8.1 7/1/2007 6/1/2022 749.92 061082571 CLEVELAND OH 44105 Non-owner Single Family Detached 360 359 85 11.35 7/1/2007 6/1/2037 748.83 061082676 LAND O LAKES FL 34638 Primary Single Family Detached 360 359 80 7.37 7/1/2007 6/1/2037 1408.28 061082686 EAST STROUDSBURG PA 18301 Primary Single Family Detached 360 359 64.1 11.75 7/1/2007 6/1/2037 1261.76 061082705 AKRON OH 44301 Primary Single Family Detached 360 358 89.99 11.69 6/1/2007 5/1/2037 795.71 061082778 CINCINNATI OH 45251 Primary Single Family Detached 360 358 84.09 11.15 6/1/2007 5/1/2037 1043.69 061082811 AKRON OH 44306 Primary Single Family Detached 360 359 90 11.7 7/1/2007 6/1/2037 633.51 061082871 AKRON OH 44305 Non-owner Single Family Detached 360 359 89.99 11.2 7/1/2007 6/1/2037 522.37 061082936 AKRON OH 44320 Non-owner Single Family Detached 360 359 90 11.875 7/1/2007 6/1/2037 825.39 061082953 MEMPHIS TN 38127 Non-owner Single Family Detached 360 359 90 10.588 7/1/2007 6/1/2037 538.98 061082988 SYLVANIA OH 43560 Primary Single Family Detached 360 358 89.99 7.95 6/1/2007 5/1/2037 1294.64 061082999 AKRON OH 44320 Non-owner Single Family Detached 360 359 75 11.825 7/1/2007 6/1/2037 510.12 061083020 CLEVELAND OH 44105 Primary Single Family Detached 360 359 90 11.8 7/1/2007 6/1/2037 802.49 061083072 MEMPHIS TN 38107 Primary Single Family Detached 360 359 90 12 7/1/2007 6/1/2037 527.68 061083102 CLEVELAND OH 44120 Primary Single Family Detached 360 359 80 11.95 7/1/2007 6/1/2037 795.22 061083229 EASTON PA 18042 Primary Single Family Attached 360 359 74.07 7.212 7/1/2007 6/1/2037 679.6 061083305 COLUMBUS OH 43207 Primary Single Family Detached 360 359 80 9.4 7/1/2007 6/1/2037 780.22 061083318 CAMPBELLSVILLE KY 42718 Primary Single Family Detached 360 359 90 10.9 7/1/2007 6/1/2037 782.27 061083323 AKRON OH 44305 Non-owner Single Family Detached 360 359 85 11.662 7/1/2007 6/1/2037 579.54 111003329 HONOLULU HI 96815 Non-owner Condotel Attached 360 358 90 7.75 6/1/2007 5/1/2037 2824.1 111003330 MOUNTAIN VIEW HI 96771 Primary Single Family Detached 360 359 80 6.431 7/1/2007 6/1/2037 1997.09 111003368 HONOLULU HI 96815 Non-owner Condotel Attached 360 359 85 8.725 7/1/2007 6/1/2037 1000.77 111003452 HILO HI 96720 Primary Single Family Detached 360 359 85 6.4 7/1/2007 6/1/2037 1892.64 111003458 OCEAN VIEW HI 96737 Primary Single Family Detached 360 358 72.44 6.81 6/1/2007 5/1/2037 1804.83 111003469 HONOLULU HI 96817 Primary Condo Low-Rise Attached 360 358 78.95 8.89 6/1/2007 5/1/2037 5623.33 111003511 KAILUA HI 96734 Primary Single Family Detached 360 359 90 7.35 7/1/2007 6/1/2037 4542.03 111003517 EWA BEACH HI 96706 Primary PUD Detached 360 359 64.61 7.65 7/1/2007 6/1/2037 2486.15 111003528 LANAI CITY HI 96763 Primary Single Family Detached 360 359 45.21 6.4 7/1/2007 6/1/2037 1357.29 121054554 DETROIT LAKES MN 56501 Second Home Single Family Detached 360 359 85 8.125 7/1/2007 6/1/2037 3196.64 121054711 WAUKESHA WI 53188 Primary Single Family Detached 360 358 90 11.5 6/1/2007 5/1/2037 2860.68 121054886 MINNEAPOLIS MN 55410 Primary Single Family Detached 360 359 83.15 9.65 7/1/2007 6/1/2037 5170.55 151041759 EL PORTAL FL 33150 Primary Single Family Detached 240 239 31.27 11.2 7/1/2007 6/1/2027 1160.88 151042471 NORTH BERGEN NJ 07047 Primary Condo Conversion Attached 360 358 90 10.15 6/1/2007 5/1/2037 980.66 151042599 ALIQUIPPA PA 15001 Primary Single Family Detached 360 359 81.31 11.05 7/1/2007 6/1/2037 1010.6 151043280 W CONSHOHOCKEN PA 19428 Primary Single Family Detached 360 358 74.71 8.6 6/1/2007 5/1/2037 5044.04 151043438 SPRING VALLEY NY 10977 Primary 2-4 Units Detached 360 358 80 10.55 6/1/2007 5/1/2037 4134.2 151043556 MANCHESTER NJ 08759 Primary Condo Low-Rise Attached 360 358 89.97 12.49 6/1/2007 5/1/2037 1116.61 151043559 PHILADELPHIA PA 19123 Primary Condo Conversion Attached 360 359 80 10.05 7/1/2007 6/1/2037 1413.55 151043646 PHILADELPHIA PA 19150 Primary Single Family Attached 360 358 68.8 8.9 6/1/2007 5/1/2037 685.8 151043773 ELKINS PARK PA 19027 Primary Single Family Detached 360 357 90 9.97 5/1/2007 4/1/2037 1930.16 151043917 BALTIMORE MD 21206 Primary Single Family Attached 360 359 80 9.3 7/1/2007 6/1/2037 862.66 151043972 EFFORT PA 18330 Primary Single Family Detached 360 358 80 7.87 6/1/2007 5/1/2037 1681.36 151044058 MOUNT LAUREL NJ 08054 Primary Single Family Detached 360 359 69.38 7.45 7/1/2007 6/1/2037 2004.52 151044307 ALTOONA PA 16602 Primary Single Family Detached 360 358 90 8 6/1/2007 5/1/2037 957.56 151044336 IRVINGTON NJ 07111 Primary 2-4 Units Detached 360 359 90 9.5 7/1/2007 6/1/2037 2459.5 151044356 MONTVALE NJ 07645 Primary Single Family Detached 360 359 65 9.3 7/1/2007 6/1/2037 6982.25 151044358 MONTVALE NJ 07645 Non-owner Single Family Detached 360 359 75 10.65 7/1/2007 6/1/2037 3889.08 151044366 SOUTH ORANGE NJ 07079 Non-owner Single Family Detached 360 359 90 9.95 7/1/2007 6/1/2037 4365.03 151044377 SUCCASUNNA NJ 07876 Primary Single Family Detached 360 358 70.77 9.6 6/1/2007 5/1/2037 3762.11 151044379 WILMINGTON DE 19805 Primary Single Family Attached 360 358 80 11.4 6/1/2007 5/1/2037 495.26 151044391 KISSIMMEE FL 34759 Primary PUD Detached 360 358 80 8.15 6/1/2007 5/1/2037 1164.46 151044464 PHILADELPHIA PA 19119 Primary Single Family Attached 360 359 76.92 7.6 7/1/2007 6/1/2037 988.5 151044566 EAST RUTHERFORD NJ 07073 Primary 2-4 Units Detached 360 359 85 9.15 7/1/2007 6/1/2037 2148.68 151044571 CHARLOTTE NC 28210 Primary Condo Low-Rise Attached 360 358 88.79 9.95 6/1/2007 5/1/2037 2765.7 151044572 PINE BROOK NJ 07058 Primary Single Family Detached 360 358 84.62 9.35 6/1/2007 5/1/2037 4326.5 151044605 RIDGEFIELD NJ 07657 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 4427.13 151044606 YORK PA 17402 Primary Single Family Detached 360 359 76.81 8.5 7/1/2007 6/1/2037 815.05 151044659 PHILADELPHIA PA 19151 Primary Single Family Attached 360 359 90 11.05 7/1/2007 6/1/2037 1048.82 151044662 POINT PLEASANT BORO NJ 08742 Primary Single Family Detached 360 358 80 9.75 6/1/2007 5/1/2037 2508.73 151044665 EDISON NJ 08817 Primary Single Family Detached 360 359 90 9.4 7/1/2007 6/1/2037 2224.38 151044724 ALBRIGHTSVILLE PA 18210 Non-owner PUD Detached 360 359 70 11.85 7/1/2007 6/1/2037 840.11 151044729 HASBROUCK HEIGHTS NJ 07604 Primary Single Family Detached 360 359 84.93 9.85 7/1/2007 6/1/2037 3563.06 151044748 EVESHAM NJ 08053 Primary Single Family Attached 360 358 85 10.47 6/1/2007 5/1/2037 1900.87 151044864 PHILADELPHIA PA 19149 Primary Single Family Attached 360 359 68.97 10.44 7/1/2007 6/1/2037 910.26 151044880 WEST ORANGE NJ 07052 Primary Single Family Detached 360 359 85 12 7/1/2007 6/1/2037 3060.12 161053902 DENNIS MA 02638 Primary Single Family Detached 360 358 65 7.25 6/1/2007 5/1/2037 7264.46 161054338 TUNBRIDGE VT 05077 Primary Single Family Detached 360 359 69.92 8.8 7/1/2007 6/1/2037 3508.82 161054348 MEDFORD MA 02155 Primary Condo Conversion Attached 360 359 53.33 8.575 7/1/2007 6/1/2037 1238.78 161054506 SWANSEA MA 02777 Primary Single Family Detached 360 359 86.9 9.85 7/1/2007 6/1/2037 5459 161054527 YORK ME 03909 Primary Single Family Detached 360 359 80 9.35 7/1/2007 6/1/2037 2191.02 161054540 FRAMINGHAM MA 01701 Primary Single Family Detached 360 359 80 8.9 7/1/2007 6/1/2037 6379.5 161054599 HARVARD MA 01451 Primary Single Family Detached 360 359 90 10.3 7/1/2007 6/1/2037 4422.29 161054668 ROSLINDALE MA 02131 Primary Condo Low-Rise Attached 360 359 90 9.95 7/1/2007 6/1/2037 2949.34 171043665 PHOENIX AZ 85017 Primary Single Family Detached 360 359 90 10.6 7/1/2007 6/1/2037 1558.21 171043712 PHOENIX AZ 85032 Primary Single Family Detached 360 358 90 8.65 6/1/2007 5/1/2037 1670.27 171043837 NORTH LAS VEGAS NV 89081 Primary Single Family Detached 360 359 90 6.75 7/1/2007 6/1/2037 1593.77 171043970 TUCSON AZ 85730 Primary Single Family Detached 360 359 80 9.45 7/1/2007 6/1/2037 1118.51 171043974 QUEEN CREEK AZ 85242 Primary Single Family Detached 360 359 89.42 8.4 7/1/2007 6/1/2037 3373.56 171044059 LAS VEGAS NV 89108 Primary Single Family Detached 360 359 73.95 7.6 7/1/2007 6/1/2037 1008.86 171044083 HENDERSON NV 89052 Primary PUD Detached 360 359 50 6.25 7/1/2007 6/1/2037 1498.68 171044192 TEMPE AZ 85283 Primary Single Family Detached 360 359 80 7.4 7/1/2007 6/1/2037 1246.28 171044248 GOODYEAR AZ 85338 Primary PUD Detached 360 359 80 8.75 7/1/2007 6/1/2037 1420.1 171044291 TOLLESON AZ 85353 Primary PUD Detached 360 358 80 7.425 6/1/2007 5/1/2037 1551.95 171044318 BUCKEYE AZ 85326 Second Home PUD Detached 360 358 80 7.9 6/1/2007 5/1/2037 1636.71 171044343 APACHE JUNCTION AZ 85219 Primary Single Family Detached 360 359 90 7.99 7/1/2007 6/1/2037 2198.3 171044366 PHOENIX AZ 85009 Primary Single Family Detached 360 359 75 7.9 7/1/2007 6/1/2037 1083.31 171044385 LAS VEGAS NV 89128 Primary PUD Detached 360 359 73.42 7.119 7/1/2007 6/1/2037 1952.67 171044405 ACTON CA 93510 Primary Single Family Detached 360 359 87.27 7.8 7/1/2007 6/1/2037 4777.94 191038570 FRESNO CA 93706 Primary Single Family Detached 360 358 80 9 6/1/2007 5/1/2037 1153.03 191038851 COULEE CITY WA 99115 Non-owner Single Family Detached 360 359 70 7.5 7/1/2007 6/1/2037 1003.37 191038986 SWAN POINT MD 20645 Primary PUD Detached 360 358 85 7.9 6/1/2007 5/1/2037 2653.83 191039079 LAKEWOOD WA 98498 Primary Single Family Detached 360 358 75 8.7 6/1/2007 5/1/2037 6611.69 191039104 RIVERSIDE CA 92509 Primary Single Family Detached 360 358 90 8.95 6/1/2007 5/1/2037 3599.31 191039167 SPOKANE WA 99208 Primary Single Family Detached 360 359 90 9 7/1/2007 6/1/2037 976.28 191039173 YAKIMA WA 98902 Primary Single Family Detached 360 359 90.75 10.15 7/1/2007 6/1/2037 967.77 191039183 PROSSER WA 99350 Primary Single Family Detached 360 359 90 9.05 7/1/2007 6/1/2037 1323.56 191039221 HAPPY VALLEY OR 97086 Primary Single Family Detached 360 359 90 9.4 7/1/2007 6/1/2037 2581.37 191039300 CAMAS WA 98607 Primary Single Family Detached 360 359 62.5 12.25 7/1/2007 6/1/2037 1047.9 191039304 SHELTON WA 98584 Primary Single Family Detached 360 359 84.86 9.3 7/1/2007 6/1/2037 4052.12 191039334 KIRKLAND WA 98034 Primary Single Family Detached 360 359 75 9.65 7/1/2007 6/1/2037 3605.42 191039353 SPANAWAY WA 98387 Primary Single Family Detached 360 359 64.94 8.05 7/1/2007 6/1/2037 1366.41 191039394 SEATTLE WA 98178 Primary Single Family Detached 360 359 77.58 8 7/1/2007 6/1/2037 3031.56 191039442 SNOQUALMIE WA 98065 Primary PUD Detached 360 358 90 8.75 6/1/2007 5/1/2037 3074.12 191039493 SPANAWAY WA 98387 Primary Single Family Detached 360 358 89.79 9.9 6/1/2007 5/1/2037 1531.1 211054563 KINGSVILLE MD 21087 Primary Single Family Detached 360 358 65 9.82 6/1/2007 5/1/2037 1741.56 211055585 SEVERNA PARK MD 21146 Primary Single Family Detached 360 357 85 7.5 5/1/2007 4/1/2037 2921.88 211056222 NORFOLK VA 23503 Primary Single Family Detached 360 359 51.21 8.6 7/1/2007 6/1/2037 838.09 211056375 SEVERNA PARK MD 21146 Primary Single Family Attached 360 359 90 8.5 7/1/2007 6/1/2037 2595.08 211056600 UPPER MARLBORO MD 20772 Primary Single Family Detached 360 359 84.21 5.8 7/1/2007 6/1/2037 2046.74 211057077 SARASOTA FL 34243 Primary PUD Detached 360 358 79.99 8.75 6/1/2007 5/1/2037 2302.71 211057140 NORTH EAST MD 21901 Primary Single Family Detached 360 358 90 9.15 6/1/2007 5/1/2037 2423.95 211057306 ACCOKEEK MD 20607 Primary Single Family Detached 360 359 75 6.65 7/1/2007 6/1/2037 2600.63 211057312 PASADENA MD 21122 Primary Single Family Detached 360 358 52.45 8.45 6/1/2007 5/1/2037 3354.75 211057369 HYATTSVILLE MD 20784 Primary Single Family Detached 360 358 80 7.35 6/1/2007 5/1/2037 1734.98 211057378 CATAWBA VA 24070 Primary Single Family Detached 360 359 90 9.55 7/1/2007 6/1/2037 1113.48 211057396 ODENTON MD 21113 Primary Single Family Attached 360 359 85 8.22 7/1/2007 6/1/2037 1470.37 211057435 FAIRFAX VA 22033 Primary PUD Detached 360 358 72.22 9.15 6/1/2007 5/1/2037 5089.03 211057448 SKIPPERS VA 23879 Primary Single Family Detached 360 359 85 8.45 7/1/2007 6/1/2037 1105.96 211057577 WALDORF MD 20602 Primary PUD Detached 360 358 90 9.5 6/1/2007 5/1/2037 2733.96 211057648 FORT WASHINGTON MD 20744 Primary Single Family Detached 360 359 85 6.59 7/1/2007 6/1/2037 2764.1 211057771 COLUMBIA MD 21045 Primary PUD Attached 360 358 90 10.4 6/1/2007 5/1/2037 2367.16 211057967 SANDSTON VA 23150 Primary Single Family Detached 360 359 90 9.925 7/1/2007 6/1/2037 2531.16 211057983 MONTPELIER VA 23192 Primary Single Family Detached 360 359 90 8.5 7/1/2007 6/1/2037 4996.58 231092903 SOUTH DEERFIELD MA 01373 Primary Condo Low-Rise Attached 360 359 90 8.99 7/1/2007 6/1/2037 1352.97 231093204 YONKERS NY 10701 Primary Single Family Detached 360 359 89.87 7.99 7/1/2007 6/1/2037 3819.89 231093396 SAYREVILLE NJ 08872 Primary Condo Low-Rise Attached 360 359 90 8.9 7/1/2007 6/1/2037 2332.51 231093450 BOROUGH OF SAYREVILLE NJ 08872 Primary Single Family Detached 360 359 90 9.45 7/1/2007 6/1/2037 3361.5 231093495 KEESEVILLE NY 12944 Primary Single Family Detached 360 358 53.19 11 6/1/2007 5/1/2037 476.16 231093574 CHARLOTTESVILLE VA 22903 Primary PUD Detached 360 359 80 7.125 7/1/2007 6/1/2037 1825.51 231093694 DEERFIELD NY 13502 Primary 2-4 Units Detached 360 359 90 9.85 7/1/2007 6/1/2037 951.43 231093718 HARWICH MA 02645 Primary Single Family Detached 360 359 90 7.8 7/1/2007 6/1/2037 3142.23 231093994 MIRROR LAKE NH 03853 Primary Single Family Detached 360 359 59.57 8.65 7/1/2007 6/1/2037 6501.61 231094012 EAST FALMOUTH MA 02536 Primary Single Family Detached 360 359 90 8.3 7/1/2007 6/1/2037 2173.78 231094015 TOWN OF SOUTHOLD NY 11957 Primary Single Family Detached 360 359 70 9.55 7/1/2007 6/1/2037 7777.33 231094047 KEY LARGO FL 33037 Second Home Condo Low-Rise Attached 360 359 80 9.99 7/1/2007 6/1/2037 6488.56 231094085 DORCHESTER MA 02122 Primary Condo Conversion Attached 360 359 85 11.1 7/1/2007 6/1/2037 2960.24 231094095 MANCHESTER CT 06040 Primary Condo Low-Rise Attached 360 359 80 11 7/1/2007 6/1/2037 1577.05 231094097 ROCKPORT MA 01966 Primary Single Family Detached 360 359 82.86 7.5 7/1/2007 6/1/2037 3707.93 231094137 DANBURY CT 06810 Primary Single Family Detached 360 359 90 8.55 7/1/2007 6/1/2037 3902.62 231094146 BRONX NY 10465 Primary 2-4 Units Attached 360 359 80 7.8 7/1/2007 6/1/2037 3023.46 231094564 CAPE ELIZABETH ME 04107 Primary Single Family Detached 360 358 90 8.85 6/1/2007 5/1/2037 3643.79 231094718 STRATFORD CT 06614 Primary Single Family Detached 360 359 90 9.75 7/1/2007 6/1/2037 4421.93 231094789 NEWTOWN CT 06482 Primary Single Family Detached 360 359 90 10.3 7/1/2007 6/1/2037 2421.42 231094914 TAMPA FL 33604 Primary Single Family Detached 360 359 90 7.2 7/1/2007 6/1/2037 1710.55 231094943 NEW BEDFORD MA 02744 Primary Single Family Detached 360 359 90 8.75 7/1/2007 6/1/2037 1518.73 231094958 BOROUGH OF STATEN ISLAND NY 10310 Primary 2-4 Units Detached 360 359 90 9.65 7/1/2007 6/1/2037 6255.77 331052946 NEW YORK NY 10021 Primary Condo High-Rise Attached 360 359 74.87 7.8 7/1/2007 6/1/2037 5039.09 331054492 STATEN ISLAND NY 10307 Primary PUD Detached 360 359 66.9 8.45 7/1/2007 6/1/2037 3712.06 331056014 STATEN ISLAND NY 10309 Primary Single Family Detached 360 359 59.62 7.7 7/1/2007 6/1/2037 4420.35 331056409 BRONX NY 10461 Primary 2-4 Units Attached 360 359 66.33 6.2 7/1/2007 6/1/2037 1956.6 331056507 BRONX NY 10466 Primary 2-4 Units Detached 360 359 90 9.75 7/1/2007 6/1/2037 4106.31 331056620 BROOKLYN NY 11201 Primary 2-4 Units Attached 360 357 90 8.75 5/1/2007 4/1/2037 4603.28 331056705 JERICHO NY 11753 Primary Single Family Detached 360 359 60 7.7 7/1/2007 6/1/2037 7571.64 331056787 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.29 6/1/2007 5/1/2037 4739.29 331057040 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.7 6/1/2007 5/1/2037 3206.67 331057163 XXX XXXX XXXX XX 00000 Primary Single Family Detached 360 358 90 8.75 6/1/2007 5/1/2037 5664.24 331057208 XXXXX XXXXXX XX 00000 Primary PUD Attached 360 359 80 7.5 7/1/2007 6/1/2037 4456.03 331057234 XXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 79.31 7.35 6/1/2007 5/1/2037 3614.53 331057269 EAST XXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 8 7/1/2007 6/1/2037 4450.6 331057290 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 78.53 7.85 7/1/2007 6/1/2037 5006.35 331057319 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.35 7/1/2007 6/1/2037 4454.68 331057378 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.2 7/1/2007 6/1/2037 1537.38 331057382 XXXXXXX XX 00000 Primary Single Family Attached 360 359 90 7.65 7/1/2007 6/1/2037 4741.33 331057398 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.3 7/1/2007 6/1/2037 3325.76 331057413 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.7 7/1/2007 6/1/2037 4142.09 331057476 VALLEY XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.9 6/1/2007 5/1/2037 3445.15 331057620 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.85 7/1/2007 6/1/2037 3311.98 331057623 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 359 73.73 7 7/1/2007 6/1/2037 2703.23 331057741 XXXXX XXXXX XXXX XX 00000 Primary 2-4 Units Detached 360 359 84.93 8.9 7/1/2007 6/1/2037 4653.58 331057742 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.99 7/1/2007 6/1/2037 4598.47 331057743 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.4 7/1/2007 6/1/2037 4209.15 331057755 EAST XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 10.59 6/1/2007 5/1/2037 6650.25 331057826 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 8.6 7/1/2007 6/1/2037 5121.68 331057830 XXXXXXXX XXXX XX 00000 Primary 2-4 Units 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Primary Single Family Detached 360 359 75 7.55 7/1/2007 6/1/2037 2874.37 331058078 VALLEY XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.99 7/1/2007 6/1/2037 3847.78 331058081 XXXXXXXX XX 00000 Primary Single Family Attached 360 359 85 7.3 7/1/2007 6/1/2037 3212.79 331058087 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.35 7/1/2007 6/1/2037 3790.55 331058090 XXXXX XXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 64.47 6.49 6/1/2007 5/1/2037 1913.17 331058098 XXXXXX XXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 9.99 7/1/2007 6/1/2037 4390.27 331058134 XXXXX XX 00000 Primary 2-4 Units Attached 360 359 80 9.625 7/1/2007 6/1/2037 3364.54 331058232 XXXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.4 7/1/2007 6/1/2037 3689.15 331058251 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.99 7/1/2007 6/1/2037 1763.11 331058308 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 55.49 8.775 7/1/2007 6/1/2037 2262.25 331058459 OSSINING NY 10562 Primary 2-4 Units Detached 360 359 90 9.75 7/1/2007 6/1/2037 2281.05 341044038 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 85 11.725 6/1/2007 5/1/2037 1481.52 341044216 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.825 6/1/2007 5/1/2037 1297.4 341044300 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.65 6/1/2007 5/1/2037 1550.56 341044404 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 65.71 8.85 6/1/2007 5/1/2037 912.93 341044530 XXXX XXXX XXXXX XX 00000 Primary Single Family Attached 360 358 80 7.25 6/1/2007 5/1/2037 1085.32 341044637 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 10.475 6/1/2007 5/1/2037 1414.15 341044712 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 69.13 9.9 6/1/2007 5/1/2037 902.39 341044797 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 7.45 6/1/2007 5/1/2037 734.76 341045046 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.8 7/1/2007 6/1/2037 2424.09 341045114 XX XXXXX XX 00000 Primary Single Family Detached 360 359 90 9.4 7/1/2007 6/1/2037 1612.95 351045901 XX XXXXXX XX 00000 Primary Single Family Detached 360 359 84.83 8.25 7/1/2007 6/1/2037 1848.12 351045910 XXXXXXXX XX 00000 Primary PUD Detached 360 359 80 10.25 7/1/2007 6/1/2037 1354.91 351046051 XXXXXXXX XX 00000 Primary PUD Detached 360 358 90 9.475 6/1/2007 5/1/2037 1079.83 351046140 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.5 7/1/2007 6/1/2037 3960.79 351046169 XXXXXX XXXX XX 00000 Primary PUD Detached 360 359 80 7.35 7/1/2007 6/1/2037 3141.71 351046235 XXXXXXXX XX 00000 Primary PUD Detached 360 359 80 7.775 7/1/2007 6/1/2037 1259.14 371048441 XXXXX XX 00000 Primary Single Family Detached 360 358 90 10.55 6/1/2007 5/1/2037 1453.93 371048779 XXXXXXX XX 00000 Primary Single Family Detached 360 359 74.19 7.65 7/1/2007 6/1/2037 552.7 371048852 XXXXX IN XXX XXXXX XX 00000 Primary Single Family Detached 360 358 43.13 6.75 6/1/2007 5/1/2037 1018.3 371048853 XXXXXX XX 00000 Primary Single Family Detached 360 359 63.22 6.4 7/1/2007 6/1/2037 957.02 371048861 XXXXX XX 00000 Primary PUD Detached 360 359 73.79 6.575 7/1/2007 6/1/2037 681.6 371048869 XXXX XXXX XXX XX 00000 Primary Single Family Detached 240 239 90 10.5 7/1/2007 6/1/2027 1347.81 371049109 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.87 6/1/2007 5/1/2037 1603.3 371049177 XXXXXXXX XXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 62.83 9.325 7/1/2007 6/1/2037 1196.63 371049243 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 77.17 8.25 6/1/2007 5/1/2037 5409.09 371049290 XXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 75 6.4 7/1/2007 6/1/2037 863.5 371049300 XXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 73.69 8.65 7/1/2007 6/1/2037 1042.34 371049312 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 65 8.55 7/1/2007 6/1/2037 823.85 371049344 XXXXXX XXXXX XX 00000 Second Home Single Family Detached 360 359 85 9.575 7/1/2007 6/1/2037 4496.14 371049413 PORT XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.9 7/1/2007 6/1/2037 1263.96 371049459 XXXXXXX XX 00000 Primary Single Family Detached 360 359 67.15 7.025 7/1/2007 6/1/2037 514.8 371049471 XXXXX XX 00000 Primary PUD Detached 360 359 80 7.75 7/1/2007 6/1/2037 2598.22 371049475 XXXX XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 74.86 9.99 7/1/2007 6/1/2037 1148.46 371049508 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.35 7/1/2007 6/1/2037 989.28 371049526 XXXXXX XX 00000 Primary PUD Detached 360 359 61.78 6.55 7/1/2007 6/1/2037 816.44 371049548 LAKE XXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.25 6/1/2007 5/1/2037 1493.98 371049563 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.35 7/1/2007 6/1/2037 761.88 371049600 XXXXX XX 00000 Primary Single Family Detached 360 359 62.5 9.75 7/1/2007 6/1/2037 644.37 371049602 XXXXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 69.5 8.2 7/1/2007 6/1/2037 1392.31 371049603 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 9.25 7/1/2007 6/1/2037 673.77 371049629 XXXXXXXXX XX 00000 Primary PUD Detached 360 359 90 8.75 7/1/2007 6/1/2037 2403.18 371049642 XXXXX XX 00000 Primary PUD Detached 360 359 90 8.25 7/1/2007 6/1/2037 1507.79 371049649 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.65 7/1/2007 6/1/2037 1029.68 371049654 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.05 7/1/2007 6/1/2037 1163.84 371049690 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 10.99 7/1/2007 6/1/2037 1794.71 371049707 XXXXXXX XX 00000 Primary Single Family Detached 360 359 65 6.975 7/1/2007 6/1/2037 841.14 371049729 XXX XXXX XX 00000 Primary Single Family Detached 360 359 80 10.65 7/1/2007 6/1/2037 814.86 371049767 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 44.44 9.55 7/1/2007 6/1/2037 844.5 371049773 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80.99 6.95 7/1/2007 6/1/2037 1125.31 371049799 XXXXXXXXX XX 00000 Primary PUD Detached 240 239 58.49 6.99 7/1/2007 6/1/2027 1200.78 371049808 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 55.17 7.05 7/1/2007 6/1/2037 534.93 371049880 XXXXXXX XX 00000 Primary PUD Attached 360 359 90 7.4 7/1/2007 6/1/2037 1508.47 371049921 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 1234.35 371049954 XXXXXX XX 00000 Primary Single Family Detached 360 359 75 8.4 7/1/2007 6/1/2037 1759.27 371049982 XXXXXX XXXXXX XX 00000 Primary PUD Detached 360 359 90 9.3 7/1/2007 6/1/2037 2232.81 371050005 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 60.61 7.525 7/1/2007 6/1/2037 981.36 411004122 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.45 7/1/2007 6/1/2037 1115.91 411004457 XXXXXX XX 00000 Primary Single Family Detached 360 359 87.5 9.45 7/1/2007 6/1/2037 1015.78 411004477 XXXXXXXXXXXXXX XX 00000 Primary PUD Detached 360 359 75 7.8 7/1/2007 6/1/2037 1619.71 411004519 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 8.5 7/1/2007 6/1/2037 850.42 411004626 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 64.72 6.3 7/1/2007 6/1/2037 2308.41 411004631 XXXXXX XX 00000 Primary Single Family Detached 360 359 64.1 8.6 7/1/2007 6/1/2037 539.72 411004715 XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.8 7/1/2007 6/1/2037 3156.04 421004200 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.15 6/1/2007 5/1/2037 519.88 421004223 XXXXXXX XX 00000 Primary Single Family Detached 360 359 70 8.7 7/1/2007 6/1/2037 644.33 421004244 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 60 9.4 6/1/2007 5/1/2037 865.24 421004274 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 77.82 10 7/1/2007 6/1/2037 849.15 421004276 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.25 7/1/2007 6/1/2037 5344.33 421004288 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.65 7/1/2007 6/1/2037 642.15 511060090 XXXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.1 6/1/2007 5/1/2037 1750.13 511060282 XXXXXXX XX 00000 Primary PUD Detached 360 358 84.83 7.266 6/1/2007 5/1/2037 1530.44 511060495 XXXXX XXX XX 00000 Primary Single Family Detached 360 358 90 10.5 6/1/2007 5/1/2037 4750.5 511060590 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9 6/1/2007 5/1/2037 5325.16 511060685 XXXX XXXXX XX 00000 Primary Condo High-Rise Attached 360 359 90 9.95 7/1/2007 6/1/2037 1635.5 511060692 XXX XXXXX XX 00000 Primary Single Family Detached 360 358 87.25 9.84 6/1/2007 5/1/2037 4379.6 511060791 XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 5.99 7/1/2007 6/1/2037 2264.47 511061011 XXXXXXX XX 00000 Primary Single Family Detached 360 358 66.87 6.75 6/1/2007 5/1/2037 786.78 511061017 XXXXXXXX XX 00000 Primary PUD Detached 360 358 90 8.55 6/1/2007 5/1/2037 3967.67 511061142 XXXXXXX XX 00000 Primary Single Family Attached 360 358 50 9 6/1/2007 5/1/2037 3471.13 511061241 INDIO (UNINCORPORATED AREA) CA 92203 Primary Single Family Detached 360 359 80 7.2 7/1/2007 6/1/2037 6664.06 511061278 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 89 8.1 6/1/2007 5/1/2037 3002.78 511061287 XXXXX XXXXX XX 00000 Primary PUD Detached 360 358 83.29 7 6/1/2007 5/1/2037 3507.84 511061357 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.2 7/1/2007 6/1/2037 2637.76 511061566 XXXXX XX 00000 Primary Single Family Detached 360 359 85 9.05 7/1/2007 6/1/2037 6918.77 511061571 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9 6/1/2007 5/1/2037 3262.86 511061668 XXXXXXX XX 00000 Primary Single Family Detached 360 359 73.64 8.8 7/1/2007 6/1/2037 3591 511061672 AREA XX XXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.8 7/1/2007 6/1/2037 3047.95 511061697 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 70.39 7.5 6/1/2007 5/1/2037 3605.28 511061791 XXXXXX XXXXXX XX 00000 Primary PUD Detached 360 358 70 7.85 6/1/2007 5/1/2037 6457.37 511061873 XXXXXXXX XX 00000 Primary PUD Detached 360 359 90 9.1 7/1/2007 6/1/2037 3346.1 511061879 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 75 9.2 6/1/2007 5/1/2037 4121.79 511061929 XXXXX XX 00000 Primary Single Family Detached 360 358 90 9.34 6/1/2007 5/1/2037 2970.45 511061955 AREA XX XXXXXXXX XXXXXXX XX 00000 Primary PUD Detached 360 359 80 10.2 7/1/2007 6/1/2037 4676.11 511062003 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 9.26 6/1/2007 5/1/2037 3531.1 511062035 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.4 7/1/2007 6/1/2037 3367.33 511062037 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 10.8 6/1/2007 5/1/2037 978.06 511062046 XXXXXX XX 00000 Primary Single Family Detached 360 358 78.62 7.3 6/1/2007 5/1/2037 2848.87 511062056 XXXXXX XX 00000 Primary Single Family Detached 360 358 84.03 7.2 6/1/2007 5/1/2037 3085.21 511062062 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 75 8.8 6/1/2007 5/1/2037 6404.91 511062076 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 79.87 7.05 7/1/2007 6/1/2037 3175.34 511062079 XXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 6.65 6/1/2007 5/1/2037 2300.17 511062175 SAFETY XXXXXX XX 00000 Primary Single Family Detached 360 359 34.6 8.99 7/1/2007 6/1/2037 803.9 511062206 XXXXXXX XX 00000 Primary Single Family Detached 360 358 65 7.1 6/1/2007 5/1/2037 2673.54 511062224 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 7.85 6/1/2007 5/1/2037 4115.23 511062229 XXXXXX XX 00000 Primary Single Family Detached 360 358 78.88 8 6/1/2007 5/1/2037 3071.39 511062470 XXX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 3849.68 511062497 XXXXX XX 00000 Primary Single Family Detached 360 358 55.67 8.24 6/1/2007 5/1/2037 1885.06 511062498 XXXXX XX 00000 Primary Single Family Detached 360 358 69.61 9.95 6/1/2007 5/1/2037 5505.44 511062502 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.75 7/1/2007 6/1/2037 4200.84 511062575 NUEVO CA 92567 Primary Single Family Detached 360 358 90 8.5 6/1/2007 5/1/2037 2522.13 511062609 XXX XXXXX XX 00000 Primary PUD Detached 360 359 80 8.55 7/1/2007 6/1/2037 5069.87 511062626 XXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.675 7/1/2007 6/1/2037 5613.26 511062640 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.99 6/1/2007 5/1/2037 3864.52 511062686 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 87.91 7.3 7/1/2007 6/1/2037 4685.01 511062699 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 7.8 6/1/2007 5/1/2037 3238.45 511062715 XXXXXX XX 00000 Primary Single Family Detached 360 358 71.75 6.75 6/1/2007 5/1/2037 2965.42 511062731 AREA XX XXXXXX XX 00000 Primary Single Family Detached 360 359 85 11.5 7/1/2007 6/1/2037 4288.04 511062782 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 51.27 8.65 7/1/2007 6/1/2037 4120.89 511062785 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 7.99 6/1/2007 5/1/2037 2964.32 511062813 XXXXXXX XXXXX XX 00000 Primary PUD Detached 360 359 80 10.4 7/1/2007 6/1/2037 3864.98 511062873 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 9.05 7/1/2007 6/1/2037 6251.32 511062907 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 65 7.9 7/1/2007 6/1/2037 935.4 511062955 XXXXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 53.17 6.475 7/1/2007 6/1/2037 1991.2 511062986 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 70 6 7/1/2007 6/1/2037 2579.38 511062990 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.29 7/1/2007 6/1/2037 2651.91 511063049 XXXXXX XX 00000 Primary PUD Detached 360 359 80 8.45 7/1/2007 6/1/2037 6942.87 511063056 XX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.64 7/1/2007 6/1/2037 3178.67 511063090 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.2 7/1/2007 6/1/2037 3054.36 511063106 XXX XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 6.45 7/1/2007 6/1/2037 1697.72 511063265 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 8.05 7/1/2007 6/1/2037 1745.58 511063281 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 76.57 7.388 7/1/2007 6/1/2037 4353.72 521054359 XXXX IN 46404 Primary Single Family Detached 360 359 90 10.45 7/1/2007 6/1/2037 614.93 521056960 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.2 7/1/2007 6/1/2037 4652.23 521057023 XXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 8.75 6/1/2007 5/1/2037 1840.88 521057114 XXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 85 9.45 7/1/2007 6/1/2037 1814.65 521057271 XXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 8.7 6/1/2007 5/1/2037 1628.91 521057331 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.225 6/1/2007 5/1/2037 4704.75 521057397 XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 358 89.51 9.37 6/1/2007 5/1/2037 1284.12 521057508 XXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.9 6/1/2007 5/1/2037 3570.17 521057513 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 1714.06 521057664 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 10.2 7/1/2007 6/1/2037 878.11 521057775 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.975 7/1/2007 6/1/2037 1204.64 521057784 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 45 7.85 7/1/2007 6/1/2037 1464.75 521058007 XXXXXXXXX XX 00000 Primary PUD Detached 360 359 90 9 7/1/2007 6/1/2037 1965.81 521058122 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 65 7.375 7/1/2007 6/1/2037 785.64 521058163 XXXXXX XXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.75 7/1/2007 6/1/2037 532.97 521058252 XXXX XX 00000 Primary Single Family Detached 360 358 69.14 8.2 6/1/2007 5/1/2037 3978.27 521058263 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.575 7/1/2007 6/1/2037 1337.88 521058295 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.5 7/1/2007 6/1/2037 677.36 521058325 XXXXXXXX XX 00000 Non-owner Single Family Detached 360 358 85 11.85 6/1/2007 5/1/2037 518.71 521058580 XXXXXX XXXX XX 00000 Primary Condo Conversion Attached 360 359 75 6.95 7/1/2007 6/1/2037 857.2 521058782 XXXXXX XXXXX XX 00000 Primary 2-4 Units Detached 360 359 85 11.7 7/1/2007 6/1/2037 547.04 521058796 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 10.1 7/1/2007 6/1/2037 730.1 521058806 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 12.1 7/1/2007 6/1/2037 1081.91 521058845 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.4 7/1/2007 6/1/2037 3631.02 521058946 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.9 7/1/2007 6/1/2037 2224.85 521059072 XXXXXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.95 7/1/2007 6/1/2037 541.08 521059095 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.775 7/1/2007 6/1/2037 1330.08 521059170 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 846.47 551029193 XXXXXXX XX 00000 Primary Single Family Detached 360 357 88.1 8.475 5/1/2007 4/1/2037 1135.37 551029245 XXXXXX XX 00000 Primary PUD Detached 360 358 90 10.498 6/1/2007 5/1/2037 3112.18 551030267 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 79.35 7.8 7/1/2007 6/1/2037 1770.88 551030679 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 11.03 6/1/2007 5/1/2037 1512.07 551030705 XXX XXXXXXX XX 00000 Primary PUD Detached 360 359 90 10.1 7/1/2007 6/1/2037 2055.7 551030790 XXXXXX XX 00000 Primary Single Family Detached 360 357 90 9.75 5/1/2007 4/1/2037 1600.6 551030858 XXXXX OK 74361 Primary Single Family Detached 360 359 90 10.825 7/1/2007 6/1/2037 1225.56 551030873 DRUMRIGHT OK 74030 Primary Single Family Detached 360 359 90 11.85 7/1/2007 6/1/2037 659.07 551030965 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.55 6/1/2007 5/1/2037 821.9 551031078 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 62.4 7.475 6/1/2007 5/1/2037 1157.79 551031135 XXXXXXXXX XX 00000 Primary PUD Detached 360 358 90 9.55 6/1/2007 5/1/2037 962.99 551031144 XXXXX XXXXXXX XX 00000 Primary PUD Detached 360 358 90 9.75 6/1/2007 5/1/2037 2009.65 551031147 XXXX XXXXX XX 00000 Primary PUD Detached 360 358 90 9.8 6/1/2007 5/1/2037 2289.13 551031162 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 84.03 9.3 6/1/2007 5/1/2037 826.3 551031163 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.4 6/1/2007 5/1/2037 3108.3 551031189 XXX XXXXXXX XX 00000 Primary PUD Detached 360 359 90 10.05 7/1/2007 6/1/2037 1483.18 551031200 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.275 7/1/2007 6/1/2037 1166.49 551031293 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.725 7/1/2007 6/1/2037 1275.1 551031314 XXX XXXXXXX XX 00000 Primary PUD Detached 360 358 90 10.825 6/1/2007 5/1/2037 1225.56 551032397 XXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.35 7/1/2007 6/1/2037 638.35 551032454 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.825 7/1/2007 6/1/2037 1022.87 551032555 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 65.79 10.1 6/1/2007 5/1/2037 442.49 551032587 XX XXXX XX 00000 Primary Single Family Detached 360 358 90 11.35 6/1/2007 5/1/2037 651.92 551032588 WHITE XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 11.7 6/1/2007 5/1/2037 773.54 551032602 CANYON XXXX XX 00000 Primary Single Family Detached 360 358 90 10.375 6/1/2007 5/1/2037 1263.04 551032613 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.575 7/1/2007 6/1/2037 729.01 551032667 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 10.775 7/1/2007 6/1/2037 1520.94 551032679 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.225 7/1/2007 6/1/2037 1125.3 551032722 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.05 6/1/2007 5/1/2037 1600.28 551032763 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.7 7/1/2007 6/1/2037 2856.46 551032792 XX XXXX XX 00000 Primary Single Family Detached 360 359 80 8.6 7/1/2007 6/1/2037 776.01 551032879 XXXX XXXXX XX 00000 Primary PUD Detached 360 359 90 8.45 7/1/2007 6/1/2037 3672.11 551032900 XXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.125 7/1/2007 6/1/2037 1098.4 551032928 XXXXXX XX 00000 Primary PUD Detached 360 358 90 10.25 6/1/2007 5/1/2037 4386.92 551032985 XXXXX XX 00000 Non-owner Single Family Detached 360 359 80 11.55 7/1/2007 6/1/2037 675.99 551033045 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 11.1 7/1/2007 6/1/2037 995.4 551033273 XXXXXX XX 00000 Primary PUD Detached 360 359 90 11.69 7/1/2007 6/1/2037 2740.13 551033335 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 10.5 7/1/2007 6/1/2037 1037.31 551033463 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 10.625 7/1/2007 6/1/2037 1455.45 551033527 XXXXXX XX 00000 Primary PUD Detached 360 359 90 7.1 7/1/2007 6/1/2037 3587.41 581017629 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.8 6/1/2007 5/1/2037 3588.77 581018409 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 6.3 6/1/2007 5/1/2037 2291.63 581019101 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 67.74 6.3 6/1/2007 5/1/2037 2880.72 581019124 XXXXXXX XXXXXX XX 00000 Second Home Single Family Detached 360 359 65.17 8.225 7/1/2007 6/1/2037 4131.05 581019177 XXXXXXXX XX 00000 Primary PUD Detached 360 359 90 8.8 7/1/2007 6/1/2037 2442.34 581019471 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.4 6/1/2007 5/1/2037 1305.89 581019600 XXXXX XXXXXX XX 00000 Non-owner Single Family Detached 360 358 90 9.5 6/1/2007 5/1/2037 6659.57 581019603 XXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.45 6/1/2007 5/1/2037 2169.83 581019636 XXXXXXXX XX 00000 Second Home Single Family Detached 360 359 80 9.1 7/1/2007 6/1/2037 3409.68 581019705 XXX XXXXXX XX 00000 Primary PUD Attached 360 358 62.98 7.05 6/1/2007 5/1/2037 3275.31 581019732 XXXXXXX XX 00000 Primary PUD Detached 360 358 85 8.8 6/1/2007 5/1/2037 6880.17 581019760 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 5772.42 581019888 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.6 6/1/2007 5/1/2037 2929.97 581019943 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 8.75 7/1/2007 6/1/2037 5742.19 581020009 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 9.35 7/1/2007 6/1/2037 1249.05 581020049 XXX XXXX XX 00000 Primary Single Family Detached 360 358 70.31 8.55 6/1/2007 5/1/2037 3476.07 581020141 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 7.2 6/1/2007 5/1/2037 3425.82 581020162 XXXXXXXX XX 00000 Second Home PUD Detached 360 358 71.67 9.85 6/1/2007 5/1/2037 3725.98 581020163 XXXXXXX XX 00000 Primary Single Family Detached 360 358 82.98 7.825 6/1/2007 5/1/2037 4820.3 581020205 EL XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 7.5 6/1/2007 5/1/2037 4667.3 581020208 XXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 10 6/1/2007 5/1/2037 3644.96 581020242 XXXXXXX XX 00000 Primary PUD Detached 360 359 90 9.2 7/1/2007 6/1/2037 1817.07 581020285 XXXXXX XX 00000 Primary Single Family Detached 360 359 75 7.9 7/1/2007 6/1/2037 3597.69 581020291 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 6.4 7/1/2007 6/1/2037 1920 581020316 LODI CA 95242 Primary Single Family Detached 360 358 55.26 8.3 6/1/2007 5/1/2037 1585.05 581020362 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 84.85 8.85 7/1/2007 6/1/2037 3439.9 581020455 MARTINEZ CA 94553 Primary Single Family Detached 360 359 79.5 7.15 7/1/2007 6/1/2037 3119.94 581020459 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 8.2 7/1/2007 6/1/2037 5942.36 581020478 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 8.7 7/1/2007 6/1/2037 1748.79 581020520 XXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 85 5.99 7/1/2007 6/1/2037 2948.99 581020523 XXXX XX 00000 Primary Single Family Detached 360 359 90 9.35 7/1/2007 6/1/2037 5295.64 581020547 XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.75 7/1/2007 6/1/2037 1272.05 581020612 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.4 7/1/2007 6/1/2037 1235.24 581020668 XXXXXXX XX 00000 Primary Single Family Detached 360 359 70 6.55 7/1/2007 6/1/2037 1271.17 621023696 XXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 57.14 8.45 7/1/2007 6/1/2037 714.78 621023894 XXXXXXX XX 00000 Primary Single Family Detached 360 358 53.41 7.72 6/1/2007 5/1/2037 1678.7 621023953 XXXXXX XXXX XX 00000 Primary Single Family Detached 360 359 90 9.65 7/1/2007 6/1/2037 3783.98 621024224 XXXXXXX XX 00000 Primary Single Family Detached 360 358 70 8.8 6/1/2007 5/1/2037 2157.45 621024232 XXXXXX XXX XX 00000 Primary Single Family Detached 360 358 85 8.95 6/1/2007 5/1/2037 6264.52 621024327 XXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 67.74 6.8 7/1/2007 6/1/2037 2380 621024368 OPA XXXXX XX 00000 Primary Single Family Detached 360 359 85 11.075 7/1/2007 6/1/2037 2144.16 621024385 FT XXXXXXXXXX XX 00000 Primary Condo High-Rise Attached 360 359 85 7.5 7/1/2007 6/1/2037 4160.33 621024463 XXXXX XX 00000 Primary Single Family Detached 360 358 80 8.52 6/1/2007 5/1/2037 1891.93 621024495 XXXXX XX 00000 Primary Single Family Detached 360 359 80 7.85 7/1/2007 6/1/2037 4021.74 621024578 XXXXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 73.29 8.12 7/1/2007 6/1/2037 1751.47 621024597 FT. XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.05 7/1/2007 6/1/2037 2342.23 621024641 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.75 7/1/2007 6/1/2037 3134.88 621024654 XXXXXXX XXXXX XX 00000 Primary Condo High-Rise Attached 360 359 90 9.95 7/1/2007 6/1/2037 1489.75 621024680 XXXXXXX XX 00000 Primary Single Family Detached 360 358 69.99 7.35 6/1/2007 5/1/2037 2145.84 621024709 XXXXXXXXX XX 00000 Primary PUD Detached 360 359 69.69 8.4 7/1/2007 6/1/2037 1513.13 621024714 PORT XXXXX XXXXX XX 00000 Non-owner Single Family Detached 360 358 80 11.05 6/1/2007 5/1/2037 1300.3 621024787 XXXXX XX 00000 Primary PUD Detached 360 359 64.99 7.65 7/1/2007 6/1/2037 2466.96 621024789 XXXXXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 62.02 6.99 6/1/2007 5/1/2037 682.05 621024790 XXXX XXXXX XX 00000 Primary PUD Detached 360 359 80 7.55 7/1/2007 6/1/2037 3271.67 621024794 XXXX XXXX XXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 9.99 7/1/2007 6/1/2037 2112.5 621024795 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 63.69 7.12 7/1/2007 6/1/2037 1416.79 621024798 XXXXX XX 00000 Primary Single Family Detached 360 359 61.74 7.32 7/1/2007 6/1/2037 1463.16 621024801 XXXXX XX 00000 Primary Single Family Detached 360 359 80 8.2 7/1/2007 6/1/2037 1284.67 621024803 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 7.5 7/1/2007 6/1/2037 1642.2 621024822 XXXXXXXXXXXX XX 00000 Xxx-xxxxx 0-0 Xxxxx Xxxxxxxx 000 000 80.66 10.99 7/1/2007 6/1/2037 836.62 621024826 XXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 75 7.9 6/1/2007 5/1/2037 740.25 621024835 XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 10.47 7/1/2007 6/1/2037 1934.49 621024836 XXXXXXX XX 00000 Primary Single Family Detached 360 359 61.75 7.6 7/1/2007 6/1/2037 1744 621024842 NORTH XXXX XXXXX XX 00000 Primary Single Family Detached 360 359 60.15 8.25 7/1/2007 6/1/2037 1396.14 621024858 XXXXX XX 00000 Primary Single Family Detached 360 359 60.67 9 7/1/2007 6/1/2037 6902.98 621024872 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 7.45 7/1/2007 6/1/2037 1252.43 621024909 XXXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.7 7/1/2007 6/1/2037 957.76 621024911 XXXXX XX 00000 Primary Single Family Attached 360 359 90 9.72 7/1/2007 6/1/2037 2120.96 621024944 XXXXX XX 00000 Primary Single Family Detached 360 359 85 9.9 7/1/2007 6/1/2037 2995.63 621024979 XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 11.15 7/1/2007 6/1/2037 867.31 621025043 XXXXXXX XXXXX XX 00000 Second Home Condo Conversion Attached 360 359 90 10.825 7/1/2007 6/1/2037 2534.79 621025059 XXXXX XX 00000 Primary Single Family Detached 360 359 67.17 9.5 7/1/2007 6/1/2037 1441.91 661023095 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 85 8.2 6/1/2007 5/1/2037 6498.37 661023266 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 75.12 5.75 6/1/2007 5/1/2037 2228.13 661024297 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 85.83 6.6 6/1/2007 5/1/2037 2500.7 661024362 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10 6/1/2007 5/1/2037 3095.14 661024427 XXXXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 357 71.76 6.8 5/1/2007 4/1/2037 3702.44 661024770 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90.05 6.975 6/1/2007 5/1/2037 1896.15 661024775 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 7.75 6/1/2007 5/1/2037 4688.98 661024959 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 75 6.7 7/1/2007 6/1/2037 3306.19 661024996 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.45 6/1/2007 5/1/2037 3520.83 661025017 XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.9 6/1/2007 5/1/2037 3726.72 661025086 XX XXXXXX XX 00000 Primary Single Family Detached 360 359 74.39 6.5 7/1/2007 6/1/2037 2155.83 661025143 XXX XXXX XX 00000 Primary Single Family Detached 360 359 84.97 7.4 7/1/2007 6/1/2037 5078.83 661025175 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 358 89.94 7.55 6/1/2007 5/1/2037 4580.1 661025246 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 8.6 6/1/2007 5/1/2037 3436.9 661025251 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 64.47 6.55 7/1/2007 6/1/2037 2847.92 661025255 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.4 6/1/2007 5/1/2037 3454.57 661025283 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.65 7/1/2007 6/1/2037 1966.65 661025321 XXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 8.4 7/1/2007 6/1/2037 3934.37 661025339 XXXXXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 70 5.95 6/1/2007 5/1/2037 2713.35 661025400 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.3 6/1/2007 5/1/2037 4610.76 661025411 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 69.06 6.25 7/1/2007 6/1/2037 2921.02 661025416 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 7.75 7/1/2007 6/1/2037 5407.65 661025453 XXXXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.85 7/1/2007 6/1/2037 1628.74 661025515 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 6.9 7/1/2007 6/1/2037 2171.24 661025582 XXXXXXX XX 00000 Primary PUD Detached 360 359 81.91 7.5 7/1/2007 6/1/2037 5363.28 661025584 XXXXXXX XX 00000 Primary PUD Detached 360 359 90 8.55 7/1/2007 6/1/2037 3447.32 661025587 XXXXXXX XX 00000 Primary Single Family Detached 360 359 76.13 8.85 7/1/2007 6/1/2037 3586.41 661025639 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 6.275 7/1/2007 6/1/2037 2909.19 661025650 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.5 7/1/2007 6/1/2037 3449.95 661025663 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 80 7.8 7/1/2007 6/1/2037 3075.17 661025669 XXXXXXX XX 00000 Primary Single Family Detached 360 359 69.85 8.05 7/1/2007 6/1/2037 3074.35 661025670 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 6 7/1/2007 6/1/2037 2525.48 661025671 XXXXXXX XX 00000 Primary Single Family Detached 360 359 83.18 8.99 7/1/2007 6/1/2037 3909.98 661025684 XXXXXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 80 7.85 7/1/2007 6/1/2037 3983.73 661025696 XXXXX XX 00000 Primary Single Family Detached 360 359 79.17 7.7 7/1/2007 6/1/2037 4984.04 661025748 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 80 9.35 7/1/2007 6/1/2037 5034.47 661025856 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 6.6 7/1/2007 6/1/2037 3192.78 661025868 OJAI CA 93023 Primary Single Family Detached 360 359 64.72 8.9 7/1/2007 6/1/2037 3036.09 661025917 XXXXXXX XXXX XX 00000 Primary Condo Low-Rise Attached 360 359 90 7.45 7/1/2007 6/1/2037 2892.24 671019662 XXXXXXX XX 00000 Primary Single Family Detached 360 358 71.68 8.35 6/1/2007 5/1/2037 3774.63 671020011 XXXXX XX 00000 Primary Single Family Detached 360 358 80 6.6 6/1/2007 5/1/2037 2422.15 671020396 XXX XXXX XX 00000 Primary Single Family Detached 360 358 77.43 6.4 6/1/2007 5/1/2037 3014.6 000000000 (XXXXXX XXXX) XXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 75 7.9 7/1/2007 6/1/2037 4360.83 671020443 XXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 80 8.2 6/1/2007 5/1/2037 2196.24 671020444 XXX XXXX XX 00000 Primary 2-4 Units Detached 360 358 90 8.75 6/1/2007 5/1/2037 5077.15 671020450 XXXXXX XX 00000 Primary Single Family Detached 360 358 48.5 8.99 6/1/2007 5/1/2037 3363.63 671020475 SOUTH XXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 7.9 6/1/2007 5/1/2037 4592.58 671020496 XXXXX XX 00000 Primary Single Family Detached 360 359 85 12.5 7/1/2007 6/1/2037 1216.12 671020510 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.7 6/1/2007 5/1/2037 4165.36 671020548 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.9 6/1/2007 5/1/2037 3747.99 671020626 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.2 6/1/2007 5/1/2037 3694.8 671020696 XXX XXXX XX 00000 Primary Single Family Detached 360 358 70 9.15 6/1/2007 5/1/2037 3315.7 671020697 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 70 8.4 7/1/2007 6/1/2037 7214.78 671020702 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.5 7/1/2007 6/1/2037 1933.67 671020744 XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 7.09 7/1/2007 6/1/2037 3207.25 671020865 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 80 6.2 6/1/2007 5/1/2037 2662.92 671020877 XXX XXXX XX 00000 Primary Single Family Detached 360 359 85 7.8 7/1/2007 6/1/2037 3779.22 671020894 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 38.89 7.075 7/1/2007 6/1/2037 4252.05 671020905 XXXXXXXX XX 00000 Primary Single Family Detached 360 359 80 8.95 7/1/2007 6/1/2037 5004.19 671020947 XXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.6 7/1/2007 6/1/2037 2650.23 671020953 XXXX XXXXXX XX 00000 Primary Single Family Detached 360 359 83.39 9.05 7/1/2007 6/1/2037 3755.91 671020957 GONZALES CA 93926 Primary Single Family Detached 360 359 90 8.55 7/1/2007 6/1/2037 4162.8 671020959 XXXXXXX XX 00000 Primary PUD Attached 360 359 90 9.9 7/1/2007 6/1/2037 4861.39 671021028 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 85 8.65 7/1/2007 6/1/2037 4688.97 671021079 XXXXX XXXX XX 00000 Primary Single Family Detached 360 359 75 8.45 7/1/2007 6/1/2037 4824.74 671021086 XXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 7.25 7/1/2007 6/1/2037 2626.38 671021172 XXXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 88.4 7.99 7/1/2007 6/1/2037 5864.54 831076888 XXXXX XXXXXXXXXX XX 00000 Primary Single Family Detached 360 357 90 9.75 5/1/2007 4/1/2037 1326.58 831077163 XXXXXXX XX 00000 Primary Single Family Detached 360 357 90 9.75 5/1/2007 4/1/2037 3634.22 831077171 XXXXXX XX 00000 Primary Single Family Detached 360 357 85 8.89 5/1/2007 4/1/2037 1649.84 831077328 XXXXXXXX XX 00000 Primary Single Family Detached 360 356 48.45 6.5 4/1/2007 3/1/2037 2649.47 831077554 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 357 78.13 6.7 5/1/2007 4/1/2037 3226.39 831077629 XXXXXXXX XXXX XX 00000 Primary Single Family Detached 360 357 90 9.5 5/1/2007 4/1/2037 4384.9 831077683 XX XXXXXX (XXXX) XX 00000 Primary Single Family Detached 360 357 90 8.75 5/1/2007 4/1/2037 3190.81 831077697 XXXXXXX XX 00000 Primary Single Family Detached 360 358 88.83 8.3 6/1/2007 5/1/2037 3690.26 831077699 XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 9.2 6/1/2007 5/1/2037 3540.57 831077816 FORKED RIVER (LACEY TWP.) NJ 08731 Primary Single Family Detached 360 358 90 8.6 6/1/2007 5/1/2037 3422.22 831077819 XXXXXX XX 00000 Primary Single Family Detached 360 357 80 8.125 5/1/2007 4/1/2037 2677.89 831077825 XXXXXX XX 00000 Primary Single Family Detached 360 355 80 7.375 3/1/2007 2/1/2037 7375 831077828 PORT XXXXXXXXX XX 00000 Primary Single Family Detached 360 357 85 7.99 5/1/2007 4/1/2037 1841.02 831077861 XXXXXXXX XX 00000 Primary Single Family Detached 360 355 45 8.4 3/1/2007 2/1/2037 4244.16 831077876 XXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.3 4/1/2007 3/1/2037 4835.58 831077898 XXXXXXXX XX 00000 Primary 2-4 Units Attached 360 357 84.83 7.75 5/1/2007 4/1/2037 3971.88 831077900 XXXXXXXXXX XXX XX 00000 Primary Single Family Detached 360 357 90 8.75 5/1/2007 4/1/2037 3433.95 831077903 XXXX XXX XXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 10.45 6/1/2007 5/1/2037 4878.43 831077905 XXXXXXXXX XX 00000 Primary Single Family Attached 360 357 90 9.4 5/1/2007 4/1/2037 900.26 831077921 XXXXX XXX XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 358 90 10.82 6/1/2007 5/1/2037 3967.27 831077952 XXXXXX XXXXX XX 00000 Primary Single Family Detached 360 358 80 8.9 6/1/2007 5/1/2037 3602.77 831077956 XXX XXXXXX XX 00000 Primary Single Family Detached 360 358 75 7.85 6/1/2007 5/1/2037 2513.99 831077957 XXX XXXXXXX (XXX XXXX XXXX) XX 00000 Primary Single Family Detached 360 358 76.36 8.8 6/1/2007 5/1/2037 3118.91 831077970 XXXX XXXXX XX 00000 Primary Single Family Detached 360 358 90 8.5 6/1/2007 5/1/2037 3881.2 831077975 XXX XXXXXXX (XXXXXX XXXX) XX 00000 Primary Single Family Detached 360 358 88.47 8.45 6/1/2007 5/1/2037 5710.37 831078008 XXXX XXXXX XX 00000 Primary PUD Detached 360 358 80 9.99 6/1/2007 5/1/2037 3814.23 831078076 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.99 6/1/2007 5/1/2037 4432.95 831078085 XXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.8 6/1/2007 5/1/2037 3667.26 831078201 XXXXXX XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 80 9.39 6/1/2007 5/1/2037 2432.75 831078202 XXXXX XX 00000 Primary Single Family Detached 360 358 90 8.99 6/1/2007 5/1/2037 3398.31 831078211 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8.75 6/1/2007 5/1/2037 3190.81 831078212 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 73.04 9.99 6/1/2007 5/1/2037 5266.62 951003005 XXXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 7.5 6/1/2007 5/1/2037 4350.51 951003654 XXXXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 359 75 10.3 7/1/2007 6/1/2037 1471.21 951003784 XXX XXXXXXX XX 00000 Primary Single Family Detached 360 357 90 9.4 5/1/2007 4/1/2037 3938.61 951003896 XXXXX XXXXX XX 00000 Primary Single Family Detached 360 359 90 9.8 7/1/2007 6/1/2037 2329.64 951003928 XXXXXXXXXX XX 00000 Primary Single Family Detached 360 359 75 7.4 7/1/2007 6/1/2037 3083.35 951003997 XXXXXXX XX 00000 Primary Single Family Attached 360 359 70 10.65 7/1/2007 6/1/2037 4699.31 951004277 XXXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 8 6/1/2007 5/1/2037 1676.47 951004355 XXXXXXXXXX XXXXXXXX XX 00000 Primary Single Family Detached 360 358 90 10.3 6/1/2007 5/1/2037 2340.43 951004471 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.85 7/1/2007 6/1/2037 521.76 951004494 XXXXXX XXXXX XX 00000 Primary 2-4 Units Detached 360 358 90 6.95 6/1/2007 5/1/2037 4197.01 951004544 XXX XXXXXXX XX 00000 Primary Condo Low-Rise Attached 360 359 94.5 8.75 7/1/2007 6/1/2037 3554.01 951004598 XXXXXXXXXXXX XX 00000 Primary Single Family Attached 360 358 69.44 8.25 6/1/2007 5/1/2037 939.08 951004624 XXXXXXXX XX 00000 Primary Single Family Detached 360 358 75 8.55 6/1/2007 5/1/2037 5214.1 951004645 XXXXXXX XX 00000 Primary Single Family Detached 360 359 50 8.8 7/1/2007 6/1/2037 2686.93 951004696 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.8 7/1/2007 6/1/2037 909.64 951004852 XXXXX XXXXXXX XX 00000 Primary Single Family Detached 360 359 85 11.15 7/1/2007 6/1/2037 4195.93 951004856 XXX XXXXXXX XX 00000 Primary 2-4 Xxxxx Xxxxxxxx 000 000 00 12.18 6/1/2007 5/1/2037 1373.46 951004926 XXXXXX XX 00000 Primary Single Family Detached 360 359 69.43 10.1 7/1/2007 6/1/2037 964.62 951005009 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.525 7/1/2007 6/1/2037 1228.63 951005055 XXXXXX XX 00000 Primary PUD Detached 360 359 90 7.99 7/1/2007 6/1/2037 3298.8 951005151 XXXXXXX XX 00000 Non-owner Single Family Detached 360 359 90 11.05 7/1/2007 6/1/2037 757.23 951005307 XXXXXXXXX XX 00000 Non-owner Single Family Detached 360 359 80 10.05 7/1/2007 6/1/2037 1022.27 951005417 XXXXXXXXX XX 00000 Primary Single Family Detached 360 359 90 9.425 7/1/2007 6/1/2037 1605.15 951005441 XXXXXXX XX 00000 Primary Single Family Detached 360 359 90 11.3 7/1/2007 6/1/2037 702.04 951006293 XXXXXXXXX XX 00000 Primary 2-4 Units Detached 360 359 90 9.45 7/1/2007 6/1/2037 3240 961078209 XXXXXX XX 00000 Primary PUD Detached 360 358 90 8.25 6/1/2007 5/1/2037 3718.77 961078240 XXXXX XX 00000 Primary Single Family Detached 360 359 80 10.25 7/1/2007 6/1/2037 3498.38 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 597 358 81.27 8.499 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 2,200 358 78.89 8.619 =============================================================================================================================================================================================================================================================================================================================================================== Loan Number Current Payment Paid to Date Original Balance Scheduled 07/01/07 Balance Loan Purpose Original Rate Documentation Program Risk Grade Appraisal Value Review Appraisal Sale Price Actual Unpaid Balance Prepayment Penalty ----------- --------------- ------------ ---------------- -------------------------- ------------ ------------- --------------------- ---------- --------------- ---------------- ---------- --------------------- ------------------ 061079632 604.02 7/1/2007 59500 59482.3 Cash Out Refinance 11.825 Full Documentation AA+ 84000 70000 0 59482.3 None 061080782 467.11 5/1/2007 50040 49983 Purchase 10.75 Full Documentation AA+ 55600 55600 55600 50021.17 6 mo int on 80% 061081059 1331.39 7/1/2007 153000 152930.85 Cash Out Refinance 9.9 Full Documentation AA+ 170000 170000 0 153000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081303 686.4 7/1/2007 68000 67979.43 Rate/Term Refinance 11.75 Full Documentation AA+ 85000 85000 0 67979.43 None 061081475 3102.69 7/1/2007 398000 397766.23 Cash Out Refinance 8.65 Full Documentation AA 520000 520000 0 398000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081673 933.93 6/1/2007 109170 109066.64 Purchase 9.7 Full Documentation AA+ 122000 121300 121300 109118.53 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081687 1472.98 7/1/2007 165750 165651.97 Cash Out Refinance 10.15 Full Documentation B 221000 221000 0 165651.97 2% of ppd amt 061081769 971.42 6/1/2007 121000 120866.62 Rate/Term Refinance 8.975 Full Documentation AA+ 137000 137000 0 120933.56 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081841 992.9 6/1/2007 103485 103474.35 Rate/Term Refinance 11.39 Full Documentation AA 115000 115000 0 103485 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081858 1017.96 6/1/2007 104400 104365.14 Purchase 11.3 Full Documentation AA+ 116000 116000 116000 104400 PIF - 1% of OPB ; Partial - 1% of amt ppd 061081859 970.05 7/1/2007 103500 103461.45 Cash Out Refinance 10.8 Full Documentation AA 115000 115000 0 103500 6 mo int on 80% 061081957 1595.78 5/1/2007 204700 204458.67 Cash Out Refinance 8.65 Full Documentation AA+ 230000 230000 0 204700 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082032 645.35 6/1/2007 79200 79194.85 Purchase 9.7 Full Documentation AA+ 88000 88000 88000 79200 6 mo int on 80% 061082043 962.68 6/1/2007 93590 93536.17 Cash Out Refinance 12 Business Bank Statements AA+ 104000 104000 0 93563.22 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082137 830.43 6/1/2007 108000 107868.68 Cash Out Refinance 8.5 Full Documentation AA 132000 132000 0 107934.57 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082173 832.8 7/1/2007 94500 94458.64 Cash Out Refinance 10.05 Full Documentation AA+ 105000 105000 0 94500 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082177 1026.35 6/1/2007 133190 133161.47 Purchase 8.99 Full Documentation AA+ 148000 148000 148000 133190 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082216 1688.67 6/1/2007 224000 223858.24 Cash Out Refinance 8.287 Business Bank Statements AA+ 270000 261500 0 224000 3% / 2% / 1% 061082358 1640.12 7/1/2007 201500 201406.98 Cash Out Refinance 9.55 Full Documentation AA+ 310000 310000 0 201406.98 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082361 760.25 6/1/2007 89250 89164.6 Rate/Term Refinance 9.65 Full Documentation A 105000 105000 0 89207.47 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082364 728.77 6/1/2007 80991 80923.51 Purchase 10.3 Full Documentation AA+ 90000 90000 90000 80957.4 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082373 565.74 7/1/2007 55000 54984.26 Cash Out Refinance 12 Stated Income Documentation AA+ 105000 105000 0 54984.26 None 061082414 1042.89 6/1/2007 135320 135238.45 Rate/Term Refinance 8.525 Full Documentation AA+ 160000 160000 0 135320 6 mo int on 80% 061082436 597.48 7/1/2007 62000 61878.6 Cash Out Refinance 11.15 Full Documentation AA+ 70000 70000 0 62000 None 061082474 568.43 6/1/2007 57180 57161.93 Cash Out Refinance 11.55 Full Documentation AA 80000 80000 0 57180 6 mo int on 80% 061082479 1100.14 6/1/2007 136850 136775.09 Cash Out Refinance 8.99 Full Documentation AA+ 155000 155000 0 136850 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082485 1062.39 8/1/2007 104850 104818.63 Purchase 11.8 Full Documentation AA+ 117000 117000 116500 104850 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082497 2151.63 6/1/2007 273500 273184.13 Cash Out Refinance 8.75 Full Documentation AA+ 310000 310000 0 273342.64 2% / 1% 061082508 1879.93 7/1/2007 179400 179351.44 Cash Out Refinance 12.25 Full Documentation CC 276000 276000 0 179400 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082549 2607.4 6/1/2007 336000 335800.6 Cash Out Refinance 8.6 Stated Income Documentation AA+ 420000 420000 0 336000 2% / 1% 061082578 935.36 6/1/2007 106675 106627.71 Purchase 9.99 Full Documentation AA+ 130000 130000 125500 106675 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082591 1063.34 6/1/2007 125100 125040.07 Rate/Term Refinance 9.625 Full Documentation AA+ 139000 139000 0 125100 6 mo int on 80% 061082628 876.83 6/1/2007 100000 99955.67 Cash Out Refinance 9.99 Full Documentation AA+ 129000 129000 0 100000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082635 599.84 6/1/2007 59200 59164.25 Purchase 11.8 Full Documentation AA+ 74000 74000 74000 59182.13 None 061082644 693.21 8/1/2007 80000 79963.46 Cash Out Refinance 9.85 Full Documentation AA+ 114000 103000 0 79926.62 6 mo int on 80% 061082693 751 6/1/2007 74400 74377.5 Cash Out Refinance 11.75 Full Documentation AA+ 93000 86000 0 74400 None 061082716 1556.19 6/1/2007 193500 193463.59 Cash Out Refinance 9.425 Full Documentation AA+ 215000 215000 0 193500 2% / 1% 061082728 548.61 6/1/2007 53940 53924.05 Purchase 11.85 Full Documentation AA+ 60000 58000 60000 53940 6 mo int on 80% 061082745 1161.14 6/1/2007 128775 128721.86 Cash Out Refinance 10.325 Full Documentation B 151500 151500 0 128775 6 mo int on 80% 061082763 1015.67 7/1/2007 112410 112363.87 Purchase 10.35 Full Documentation AA+ 125000 125000 124900 112410 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082772 1175.12 7/1/2007 126650 126601.54 Purchase 10.675 Full Documentation AA+ 149000 149000 149000 126650 6 mo int on 80% 061082794 1251.76 6/1/2007 133290 133190.81 Purchase 10.825 Full Documentation AA+ 150000 145000 148100 133240.63 6 mo int on 80% 061082808 666.15 6/1/2007 65250 65230.91 Purchase 11.9 Full Documentation AA+ 73600 73600 72500 65250 None 061082815 994.59 6/1/2007 127001 126927.17 Rate/Term Refinance 8.7 Full Documentation AA+ 215000 215000 0 127001 6 mo int on 80% 061082819 735.06 6/1/2007 72000 71978.94 Xxxxxxxx 00.0 Xxxx Xxxxxxxxxxxxx XX 00000 90000 90000 72000 None 061082823 1277.48 6/1/2007 180050 179920.34 Cash Out Refinance 7.65 Stated Income Documentation AA+ 277000 277000 0 180050 6 mo int on 80% 061082827 1187.04 6/1/2007 147600 147544.26 Rate/Term Refinance 9.425 Full Documentation AA+ 164000 164000 0 147600 6 mo int on 80% 061082843 1038.04 6/1/2007 118285 118232.67 Purchase 10 Full Documentation AA+ 137000 137000 131440 118285 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082845 1131.66 6/1/2007 132000 131938.09 Cash Out Refinance 9.725 Full Documentation C 167000 167000 0 132000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082855 1143.56 6/1/2007 136000 135865.69 Cash Out Refinance 9.5 Full Documentation AA+ 160000 160000 0 135933.11 1% of amt prepaid 061082857 598.95 7/1/2007 58500 58481.98 Purchase 11.938 Full Documentation AA+ 75000 75000 65000 58500 None 061082880 966.77 6/1/2007 119236.75 119228.84 Cash Out Refinance 9.65 Full Documentation AA+ 132500 132500 0 119236.75 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082882 1835.72 6/1/2007 192000 191932.28 Cash Out Refinance 11.05 Stated Income Documentation AA+ 240000 240000 0 192000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082979 783.03 6/1/2007 75000 74979.47 Cash Out Refinance 12.2 Stated Income Documentation AA+ 98000 98000 0 75000 None 061083022 1137.57 7/1/2007 121500 121486.31 Cash Out Refinance 11.1 Full Documentation A 135000 135000 0 121500 2 mo int or 60 days int on UPB 061083042 958.29 6/1/2007 117000 116938.71 Cash Out Refinance 9.2 Full Documentation AA+ 130000 130000 0 117000 6 mo int on 80% 061083063 1041.45 6/1/2007 128000 127931.88 Rate/Term Refinance 9.125 Full Documentation B 160000 160000 0 128000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083128 714.11 7/1/2007 76500 76471.2 Purchase 10.75 Full Documentation AA+ 91000 83000 90000 76500 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083207 796.47 7/1/2007 90000 89961.03 Rate/Term Refinance 10.1 Full Documentation AA 113000 113000 0 90000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083211 891.21 7/1/2007 108810 108753 Purchase 9.2 Full Documentation AA+ 123000 120900 120900 108810 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083224 668.22 7/1/2007 65700 65679.79 Cash Out Refinance 11.85 Full Documentation AA+ 73000 73000 0 65700 6 mo int on 80% 061083282 846.33 7/1/2007 100000 99951.59 Cash Out Refinance 9.575 Full Documentation A 125000 125000 0 100000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083484 2324.93 6/1/2007 291550 291387.4 Cash Out Refinance 8.9 Full Documentation AA+ 343000 343000 0 291550 PIF - 1% of OPB ; Partial - 1% of amt ppd 111003367 1980 6/1/2007 360000 360000 Cash Out Refinance 6.6 Full Documentation AA+ 435000 435000 0 360000 6 mo int on 80% 111003370 1957.39 7/1/2007 280000 279841.35 Cash Out Refinance 8.05 Stated Income Documentation A 475000 475000 0 279920.94 6 mo int on 80% 111003372 1973.95 7/1/2007 349000 348847.06 Rate/Term Refinance 6.525 Stated Income Documentation AA+ 475000 475000 0 348923.74 6 mo int on 80% 111003397 1315.81 6/1/2007 165750 165562.51 Rate/Term Refinance 8.85 Full Documentation AA+ 195000 195000 0 165656.6 6 mo int on 80% 111003400 2119.19 6/1/2007 349980 349853.51 Cash Out Refinance 7.05 Full Documentation AA+ 600000 600000 0 349980 6 mo int on 80% 111003414 1966.5 7/1/2007 340020 339866.94 Cash Out Refinance 6.4 Full Documentation AA+ 678000 678000 0 340020 6 mo int on 80% 111003423 1466.25 6/1/2007 244000 243909.84 Cash Out Refinance 6.99 Full Documentation AA 305000 305000 0 243955.05 6 mo int on 80% 111003433 2161.79 6/1/2007 409980 409872.21 Cash Out Refinance 6.012 Full Documentation AA+ 555000 555000 0 409980 6 mo int on 80% 111003440 3793.06 6/1/2007 534600 534215.02 Cash Out Refinance 7.65 Full Documentation AA+ 594000 594000 0 534600 6 mo int on 80% 111003451 1654.87 7/1/2007 250000 249561.14 Cash Out Refinance 6.95 Full Documentation AA+ 590000 590000 0 249561.14 6 mo int on 80% 111003476 2564.51 7/1/2007 403000 402937.45 Cash Out Refinance 7.45 Stated Income Documentation A 670000 640000 0 402937.45 6 mo int on 80% 111003485 1566.2 7/1/2007 263500 263388.54 Cash Out Refinance 6.625 Full Documentation AA+ 310000 310000 0 263388.54 6 mo int on 80% 111003488 3119.35 6/1/2007 500000 499071.34 Cash Out Refinance 6.375 Full Documentation AA+ 1100000 1100000 0 499536.9 6 mo int on 80% 111003490 1668.6 7/1/2007 300000 299931.4 Cash Out Refinance 6.4 Stated Income Documentation AA+ 555000 555000 0 300000 6 mo int on 80% 111003495 2305.87 7/1/2007 315000 314787.57 Rate/Term Refinance 7.975 Full Documentation AA+ 350000 350000 0 315000 6 mo int on 80% 111003500 2594.39 6/1/2007 400000 399309.28 Cash Out Refinance 6.75 Stated Income Documentation AA+ 500000 500000 0 399655.61 6 mo int on 80% 111003501 4006.36 7/1/2007 514250 514035.93 Cash Out Refinance 9.1 Stated Income Documentation A 605000 605000 0 514143.37 6 mo int on 80% 111003502 2453.95 6/1/2007 330500 330283.81 Rate/Term Refinance 8.125 Full Documentation AA+ 485000 485000 0 330500 6 mo int on 80% 111003513 3101.4 6/1/2007 435003 434692.87 Cash Out Refinance 7.7 Stated Income Documentation AA+ 830000 830000 0 435003 6 mo int on 80% 111003547 2426.88 6/1/2007 381969 381627.03 Cash Out Refinance 6.55 Stated Income Documentation AA+ 630000 630000 0 381969 6 mo int on 80% 121053813 2065.67 7/1/2007 276250 276072.04 Cash Out Refinance 8.2 Full Documentation AA+ 325000 313000 0 276072.04 1% of amt prepaid 121053909 1123.64 7/1/2007 158600 158556.82 Cash Out Refinance 8.175 Business Bank Statements AA+ 244000 244000 0 158600 None 121054170 962.42 6/1/2007 112500 112393.48 Cash Out Refinance 9.7 Full Documentation AA+ 125000 125000 0 112446.95 None 121054274 2146.23 7/1/2007 360000 359835.57 Cash Out Refinance 6.65 Full Documentation AA 450000 450000 0 360000 2 mo int or 60 days int on UPB 121054281 616.61 6/1/2007 59500 59466.53 Purchase 12.1 Lite Documentation AA+ 80000 80000 70000 59483.35 1% of amt prepaid 121054309 1611.18 6/1/2007 202500 202386.48 Cash Out Refinance 8.875 Full Documentation AA+ 225000 215000 0 202500 None 121054351 3620.25 6/1/2007 404000 403659.72 Cash Out Refinance 10.25 Full Documentation AA+ 575000 505000 0 403830.58 2 mo int or 60 days int on UPB 121054411 692.82 6/1/2007 81000 80995.68 Cash Out Refinance 10.2 Full Documentation AA+ 90000 90000 0 81000 None 121054432 1225.87 6/1/2007 150000 149921.01 Cash Out Refinance 9.175 Full Documentation C 205000 205000 0 150000 None 121054469 771.82 6/1/2007 75600 75577.88 Purchase 11.9 Full Documentation AA+ 84000 84000 84000 75600 None 121054477 2490.7 6/1/2007 306000 305944.55 Purchase 9.55 Full Documentation A 510000 510000 510000 306000 2 mo int or 60 days int on UPB 121054509 1370.44 6/1/2007 148000 147943.06 Cash Out Refinance 10.65 Full Documentation AA+ 185000 185000 0 148000 2 mo int on 80% 121054549 974.19 6/1/2007 120000 119871.13 Cash Out Refinance 9.1 Full Documentation AA+ 150000 140000 0 119935.81 None 121054559 1016.29 6/1/2007 108000 107960.21 Rate/Term Refinance 10.85 Full Documentation AA+ 120000 120000 0 108000 None 121054562 638.95 6/1/2007 61200 61183.25 Cash Out Refinance 12.2 Full Documentation AA+ 68000 65000 0 61200 None 121054565 2218.16 6/1/2007 232000 231918.17 Cash Out Refinance 11.05 Stated Income Documentation AA+ 290000 265000 0 232000 None 121054580 1427.94 7/1/2007 187000 186884.96 Cash Out Refinance 8.425 Full Documentation AA+ 234000 234000 0 186884.96 6 mo int on 80% 121054587 953.29 6/1/2007 100500 100463.77 Rate/Term Refinance 10.95 Full Documentation C 134000 134000 0 100500 None 121054605 2221.64 7/1/2007 282400 282126.45 Rate/Term Refinance 8.75 Business Bank Statements A 353000 353000 0 282400 None 121054684 2647.49 6/1/2007 332000 331814.84 Rate/Term Refinance 8.9 Full Documentation AA+ 415000 375000 0 332000 2 mo int on 80% 121054703 1294.97 6/1/2007 148500 148365.95 Rate/Term Refinance 9.925 Full Documentation AA+ 165000 165000 0 148433.25 3% / 2% 121054705 979.2 6/1/2007 126000 125973.68 Purchase 9.075 Full Documentation AA+ 185000 185000 180000 126000 6 mo int on 80% 121054706 1101.59 6/1/2007 129600 129537.91 Purchase 9.625 Full Documentation AA+ 162000 162000 162000 129600 None 121054713 936.39 7/1/2007 143500 143451.52 Cash Out Refinance 7.425 Full Documentation AA+ 185000 185000 0 143500 None 121054737 1267.43 6/1/2007 132300 132253.59 Purchase 11.075 Stated Income Documentation AA+ 150000 147000 147000 132300 1% of amt prepaid 121054739 952.61 6/1/2007 101745 101721.96 Cash Out Refinance 11.1 Full Documentation AA+ 119700 119700 0 101733.53 None 121054741 1292.41 6/1/2007 150750 150608.01 Purchase 9.725 Full Documentation AA 186000 186000 167500 150679.29 None 121054746 793.95 6/1/2007 93500 93485.22 Purchase 10 Stated Income Documentation AA+ 117000 106000 116875 93500 6 mo int on 80% 121054756 1988.4 6/1/2007 261000 260838.6 Cash Out Refinance 8.4 Full Documentation AA+ 290000 292000 0 261000 2 mo int or 60 days int on UPB 121054791 594.99 6/1/2007 58500 58482.7 Cash Out Refinance 11.85 Full Documentation A 65000 65000 0 58500 None 121054857 2268.11 6/1/2007 297000 296934.64 Rate/Term Refinance 8.9 Full Documentation AA+ 330000 330000 0 297000 None 121054906 1754.03 7/1/2007 225000 224867.84 Cash Out Refinance 8.65 Full Documentation A 250000 238000 0 224867.84 None 121054962 2062.99 7/1/2007 221000 220916.8 Rate/Term Refinance 10.75 Full Documentation CC 340000 340000 0 221000 2 mo int or 60 days int on UPB 151039848 1757.16 6/1/2007 244800 243750.67 Cash Out Refinance 7.77 Stated Income Documentation AA+ 332000 288000 0 244104.97 None 151041803 1744.25 5/1/2007 168000 167906.03 Cash Out Refinance 12.125 Full Documentation B 345000 345000 0 167866.04 None 151041996 1809.41 6/1/2007 215000 214894.47 Cash Out Refinance 9.51 Full Documentation AA+ 315000 315000 0 215000 None 151042394 1842.62 6/1/2007 207000 206943.92 Rate/Term Refinance 10.52 Full Documentation C 235000 235000 0 206972.08 None 151042775 1686.95 7/1/2007 216000 215746.39 Cash Out Refinance 8.67 Full Documentation AA+ 360000 360000 0 215873.65 None 151042807 2074.56 6/1/2007 236000 235896.04 Rate/Term Refinance 10.02 Full Documentation AA+ 295000 295000 0 236000 None 151043084 1902.06 6/1/2007 252000 251680.78 Cash Out Refinance 8.3 Stated Income Documentation AA 280000 267000 0 251840.94 6 mo int on 80% 151043495 1644.86 7/1/2007 175500 175327.32 Cash Out Refinance 10.8 Full Documentation A 195000 195000 0 175500 6 mo int on 80% 151043907 938.97 7/1/2007 121000 120799.54 Cash Out Refinance 8.6 Stated Income Documentation AA+ 152000 152000 0 120799.54 6 mo int on 80% 151043937 2172.13 7/1/2007 210000 209967.57 Cash Out Refinance 12.32 Stated Income Documentation AA 300000 300000 0 209983.87 None 151043983 2070.68 6/1/2007 297600 297072.64 Cash Out Refinance 7.45 Full Documentation AA+ 379000 379000 0 297297.6 6 mo int on 80% 151043998 683.36 6/1/2007 79200 79126.58 Rate/Term Refinance 9.8 Stated Income Documentation AA+ 99000 95000 0 79163.44 6 mo int on 80% 151044061 1448.87 6/1/2007 166500 166424.76 Purchase 9.9 Full Documentation AA+ 185000 185000 185000 166500 6 mo int on 80% 151044138 846.19 7/1/2007 112500 112474.12 Cash Out Refinance 8.75 Full Documentation AA 150000 150000 0 112500 None 151044146 942.73 6/1/2007 93750 93692.38 Cash Out Refinance 11.7 Stated Income Documentation AA+ 125000 125000 0 93721.33 None 151044155 2010.68 6/1/2007 287000 286787.85 Cash Out Refinance 7.52 Full Documentation A 490000 490000 0 287000 6 mo int on 80% 151044184 2931.17 6/1/2007 409000 409000 Cash Out Refinance 8.6 Stated Income Documentation AA+ 555000 555000 0 409000 None 151044209 1509.17 7/1/2007 212000 211885.67 Cash Out Refinance 8.22 Stated Income Documentation AA+ 265000 265000 0 211943.03 None 151044241 1173.84 6/1/2007 143000 142925.47 Cash Out Refinance 9.225 Full Documentation A 220000 220000 0 143000 None 151044256 3516.07 6/1/2007 450000 449737.06 Cash Out Refinance 8.675 Stated Income Documentation AA+ 710000 710000 0 450000 None 151044286 3742.81 6/1/2007 425000 424880.53 Cash Out Refinance 10.4 Stated Income Documentation A 500000 500000 0 424940.52 None 151044294 2735.44 6/1/2007 323910 323752.34 Purchase 9.55 Full Documentation AA+ 360000 360000 359900 323910 None 151044301 1274.61 7/1/2007 152910 152833.18 Purchase 9.4 Full Documentation A 170000 170000 169900 152910 6 mo int on 80% 151044332 2412.51 6/1/2007 270300 270263.88 Cash Out Refinance 10.55 Full Documentation A 318000 318000 0 270300 None 151044343 1456.96 6/1/2007 161250 161117.07 Cash Out Refinance 10.35 Full Documentation A 225000 225000 0 161183.82 6 mo int on 80% 151044359 2847.36 6/1/2007 307500 307381.7 Cash Out Refinance 10.65 Business Bank Statements AA+ 410000 410000 0 307500 None 151044361 1725.42 7/1/2007 260000 259570.42 Cash Out Refinance 6.975 Lite Documentation AA+ 350000 350000 0 259785.83 None 151044362 1500.08 7/1/2007 206000 205718.11 Cash Out Refinance 7.92 Stated Income Documentation AA+ 415000 415000 0 205859.52 None 151044439 990.58 6/1/2007 135000 134909.42 Cash Out Refinance 8 Full Documentation AA+ 200000 200000 0 135000 6 mo int on 80% 151044463 1793.08 7/1/2007 229590 229455.71 Cash Out Refinance 8.67 Full Documentation A 328000 328000 0 229590 None 151044471 893.52 6/1/2007 104000 103951.48 Purchase 9.75 Stated Income Documentation AA+ 132000 132000 130000 104000 6 mo int on 80% 151044473 1338.01 6/1/2007 126750 126716.46 Rate/Term Refinance 12.35 Full Documentation CC 195000 195000 0 126750 6 mo int on 80% 151044485 1030.99 6/1/2007 120000 119944.01 Cash Out Refinance 9.75 Stated Income Documentation AA+ 185000 185000 0 120000 None 151044503 3515.57 6/1/2007 404000 403817.43 Purchase 9.9 Full Documentation AA 505000 505000 505000 404000 None 151044533 1175.36 6/1/2007 116000 115965.31 Purchase 11.8 Stated Income Documentation B 149000 149000 145000 116000 6 mo int on 80% 151044544 1371.06 7/1/2007 162000 161842.51 Cash Out Refinance 9.575 Full Documentation AA+ 180000 180000 0 161921.57 1% of amt ppd if loan greater than $150K 151044551 2480.04 6/1/2007 285000 284741.36 Cash Out Refinance 9.9 Full Documentation A 380000 380000 0 284871.21 None 151044556 1568.01 6/1/2007 164000 163942.16 Cash Out Refinance 11.05 Stated Income Documentation AA+ 240000 205000 0 164000 None 151044582 2263.1 6/1/2007 322000 321910.4 Cash Out Refinance 8.1 Full Documentation AA+ 525000 525000 0 322000 None 151044588 1685.36 6/1/2007 185000 184850.71 Cash Out Refinance 10.45 Full Documentation A 231500 231500 0 184925.68 None 151044602 1876.58 5/1/2007 195500 195362.96 Rate/Term Refinance 11.1 Full Documentation AA+ 230000 210000 0 195500 None 151044623 2286.21 6/1/2007 247500 247404.17 Cash Out Refinance 10.62 Stated Income Documentation AA+ 330000 330000 0 247500 None 151044628 783.72 6/1/2007 76050 76028.36 Cash Out Refinance 12.025 Stated Income Documentation AA+ 117000 117000 0 76050 6 mo int on 80% 151044638 1774.38 6/1/2007 211500 211465.21 Cash Out Refinance 9.87 Full Documentation A 235000 235000 0 211500 6 mo int on 80% 151044639 3198.53 6/1/2007 307500 307414.91 Cash Out Refinance 12.15 Stated Income Documentation AA+ 410000 410000 0 307500 None 151044652 869.28 6/1/2007 81450 81408.1 Purchase 12.5 Stated Income Documentation AA+ 132000 132000 90500 81429.16 None 151044653 1082.25 6/1/2007 108450 108381.87 Purchase 11.6 Stated Income Documentation AA+ 132000 132000 120500 108416.1 None 151044656 1202.06 7/1/2007 189000 188861.51 Cash Out Refinance 7.2 Full Documentation AA 255000 210000 0 188861.51 6 mo int on 80% 151044668 1198.89 6/1/2007 130000 129949.44 Cash Out Refinance 10.6 Full Documentation AA+ 170000 155000 0 130000 6 mo int on 80% 151044718 1945.72 6/1/2007 230000 229888.53 Cash Out Refinance 9.57 Stated Income Documentation B 340000 340000 0 230000 None 151044723 1670.1 6/1/2007 210000 209882.15 Cash Out Refinance 8.87 Full Documentation AA 240000 240000 0 210000 None 151044740 1402.61 6/1/2007 202500 202476.08 Rate/Term Refinance 8.17 Full Documentation AA+ 225000 225000 0 202500 None 151044756 633.51 7/1/2007 63000 62980.74 Purchase 11.7 Full Documentation AA+ 70000 70000 70000 63000 6 mo int on 80% 151044780 1952.96 6/1/2007 225000 224897.67 Purchase 9.87 Business Bank Statements AA+ 258000 258000 250000 225000 None 151044795 3855.44 6/1/2007 509979 509863.41 Cash Out Refinance 8.8 Stated Income Documentation AA+ 690000 690000 0 509979 None 151044812 2210.67 6/1/2007 244000 243969.06 Cash Out Refinance 10.72 Stated Income Documentation AA 305000 305000 0 244000 None 151044876 3196.73 7/1/2007 383500 383307.35 Cash Out Refinance 9.4 Stated Income Documentation AA+ 590000 540000 0 383500 None 151044891 1437.56 6/1/2007 154000 153942.02 Cash Out Refinance 10.75 Full Documentation A 196000 196000 0 154000 None 151044895 1893.61 6/1/2007 245000 244947.97 Cash Out Refinance 9.02 Full Documentation B 350000 350000 0 245000 None 151044963 4201.31 6/1/2007 408750 408632.78 Cash Out Refinance 11.99 Stated Income Documentation AA 545000 545000 0 408750 6 mo int on 80% 151044980 1327.77 7/1/2007 151300 151233.06 Rate/Term Refinance 10 Full Documentation AA+ 178000 178000 0 151300 6 mo int on 80% 151045062 1861.31 7/1/2007 252000 251976.19 Cash Out Refinance 8.75 Full Documentation AA 280000 280000 0 251976.19 None 161053979 2292.54 6/1/2007 286200 286042.04 Purchase 8.95 Full Documentation AA+ 318000 318000 325000 286200 6 mo int on 80% 161054121 2522.19 6/1/2007 328020 327821.29 Rate/Term Refinance 8.5 Full Documentation AA+ 420000 420000 0 328020 None 161054129 2493.37 6/1/2007 339000 338545.87 Cash Out Refinance 8.025 Stated Income Documentation AA+ 485000 485000 0 338773.69 None 161054140 1878.52 7/1/2007 253000 252834.5 Cash Out Refinance 8.125 Full Documentation AA 343000 343000 0 253000 None 161054187 2149.24 6/1/2007 300000 299575.15 Cash Out Refinance 7.75 Full Documentation AA 460000 400000 0 299788.26 None 161054200 751.3 7/1/2007 80000 79970.37 Cash Out Refinance 10.825 Lite Documentation AA+ 160000 160000 0 79970.37 None 161054256 1451.79 6/1/2007 196000 195952.88 Cash Out Refinance 8.6 Business Bank Statements AA+ 245000 245000 0 196000 None 161054258 900.09 6/1/2007 114400 114353.78 Cash Out Refinance 9.2 Full Documentation B 143000 143000 0 114376.98 None 161054265 2212.42 7/1/2007 267750 267612.64 Cash Out Refinance 9.3 Full Documentation AA+ 315000 315000 0 267750 None 161054269 1710.66 6/1/2007 215100 214979.29 Purchase 8.87 Full Documentation AA+ 280000 280000 239000 215100 None 161054278 2860.74 6/1/2007 344250 344208.47 Cash Out Refinance 9.9 Stated Income Documentation AA+ 405000 370000 0 344229.32 None 161054287 1009.41 7/1/2007 100000 99969.76 Cash Out Refinance 11.75 Stated Income Documentation C 265000 265000 0 100000 6 mo int on 80% 161054293 672.68 7/1/2007 80000 79960.65 Cash Out Refinance 9.5 Full Documentation AA+ 294000 294000 0 80000 None 161054312 1993.47 6/1/2007 267750 267686.56 Rate/Term Refinance 8.65 Full Documentation AA+ 315000 285000 0 267750 None 161054332 2454.11 7/1/2007 297000 296847.64 Rate/Term Refinance 9.3 Full Documentation AA 421000 421000 0 297000 6 mo int on 80% 161054358 1449.94 6/1/2007 193000 192753.03 Cash Out Refinance 8.25 Full Documentation AA+ 330000 300000 0 192876.94 6 mo int on 80% 161054362 2036.97 6/1/2007 274988 274625.18 Cash Out Refinance 8.1 Full Documentation AA+ 370000 370000 0 274807.2 None 161054366 944.65 6/1/2007 104550 104463.81 Cash Out Refinance 10.35 Full Documentation AA 123000 123000 0 104507.09 None 161054378 2254.95 6/1/2007 280500 280346.46 Rate/Term Refinance 8.99 Full Documentation AA+ 330000 330000 0 280500 None 161054384 1997.11 6/1/2007 229600 229496.13 Cash Out Refinance 9.895 Stated Income Documentation A 328000 328000 0 229600 6 mo int on 80% 161054385 1491.3 7/1/2007 200000 199739.85 Cash Out Refinance 8.17 Stated Income Documentation AA+ 480000 480000 0 199870.37 None 161054399 1154.82 6/1/2007 194400 194325.75 Cash Out Refinance 6.9 Full Documentation AA+ 216000 206000 0 194362.98 6 mo int on 80% 161054411 1485.3 6/1/2007 203000 202725.01 Cash Out Refinance 7.97 Full Documentation A 290000 290000 0 202862.96 6 mo int on 80% 161054438 875.77 6/1/2007 100800 100785.23 Purchase 10.25 Stated Income Documentation AA+ 113000 113000 112000 100800 None 161054450 2373.92 7/1/2007 369000 368731.82 Cash Out Refinance 7.3 Full Documentation AA+ 455000 455000 0 368861.83 None 161054455 2652.27 7/1/2007 367500 367404.19 Cash Out Refinance 8.35 Full Documentation A 490000 490000 0 367500 None 161054457 2313.64 6/1/2007 280000 279856.36 Cash Out Refinance 9.3 Stated Income Documentation AA 350000 350000 0 280000 None 161054486 1964.02 6/1/2007 259000 258838.19 Cash Out Refinance 8.35 Full Documentation AA 306000 306000 0 259000 None 161054493 1794.03 6/1/2007 208000 207937.28 Cash Out Refinance 10.17 Full Documentation AA+ 260000 260000 0 207968.77 None 161054518 1547.76 6/1/2007 200000 199760.29 Cash Out Refinance 8.57 Full Documentation A 275000 275000 0 200000 None 161054519 1732.27 7/1/2007 256500 256467.04 Cash Out Refinance 7.95 Full Documentation AA 285000 285000 0 256500 None 161054530 1541.63 6/1/2007 198000 197984.62 Cash Out Refinance 9.25 Stated Income Documentation AA+ 220000 220000 0 198000 6 mo int on 80% 161054533 2070.13 6/1/2007 238500 238391.53 Cash Out Refinance 9.87 Full Documentation B 265000 265000 0 238500 None 161054550 958.58 7/1/2007 127000 126919.84 Cash Out Refinance 8.3 Business Bank Statements AA+ 228000 228000 0 127000 6 mo int on 80% 161054552 1797.35 6/1/2007 307000 306865.57 Cash Out Refinance 6.5 Full Documentation AA+ 497000 497000 0 307000 None 161054554 1559.53 6/1/2007 179500 179473.7 Rate/Term Refinance 10.25 Full Documentation B 225000 225000 0 179500 6 mo int on 80% 161054556 1133.64 6/1/2007 130000 129941.57 Cash Out Refinance 9.925 Full Documentation AA 194900 194900 0 130000 None 161054564 1266.86 7/1/2007 207000 206917.42 Cash Out Refinance 6.87 Full Documentation AA+ 230000 230000 0 206917.42 None 161054565 1310.86 6/1/2007 182975 182715.87 Cash Out Refinance 7.75 Full Documentation A 281500 281500 0 182845.85 None 161054567 1692.47 6/1/2007 217700 217571.34 Cash Out Refinance 8.62 Business Bank Statements AA+ 303000 303000 0 217700 None 161054571 3466.94 6/1/2007 365500 365368.25 Cash Out Refinance 10.95 Business Bank Statements AA+ 430000 430000 0 365500 6 mo int on 80% 161054587 1896.55 5/1/2007 239400 239305.27 Cash Out Refinance 9.27 Full Documentation AA 266000 266000 0 239400 6 mo int on 80% 161054610 1167.79 6/1/2007 154000 153903.79 Cash Out Refinance 8.35 Full Documentation AA+ 235000 185000 0 154000 6 mo int on 80% 161054671 3153.88 7/1/2007 331200 331164.92 Cash Out Refinance 11.3 Stated Income Documentation AA 368000 368000 0 331200 None 171042868 817.67 6/1/2007 103000 102883.49 Rate/Term Refinance 8.85 Full Documentation AA+ 270000 270000 0 102941.96 None 171042946 1287.22 6/1/2007 109000 108548.87 Cash Out Refinance 11.7 Full Documentation A 156200 156200 0 108775.53 3% / 2% / 1% 171043092 1245.58 6/1/2007 139000 138882.92 Purchase 10.25 Full Documentation AA 179900 179900 154500 139000 6 mo int on 80% 171043180 1159.84 7/1/2007 123750 123703.91 Cash Out Refinance 10.8 Full Documentation C 225000 225000 0 123750 6 mo int on 80% 171043217 2021.82 7/1/2007 257000 256025.02 Cash Out Refinance 8.75 Full Documentation B 325000 325000 0 256852.14 6 mo int on 80% 171043261 840.85 6/1/2007 100000 99901.25 Cash Out Refinance 9.5 Full Documentation AA+ 128000 128000 0 99950.82 6 mo int on 80% 171043421 2296.12 6/1/2007 300000 299514.13 Cash Out Refinance 8.45 Full Documentation B 526000 526000 0 299699.86 6 mo int on 80% 171043633 1433.76 6/1/2007 160000 159865.24 Cash Out Refinance 10.25 Full Documentation A 183000 175000 0 159932.91 None 171043669 855.48 7/1/2007 100000 99905.32 Cash Out Refinance 9.7 Full Documentation A 305000 305000 0 99952.85 None 171043681 1111.87 7/1/2007 148000 147810.61 Cash Out Refinance 8.25 Full Documentation AA+ 177000 177000 0 147905.63 None 171043696 930.32 6/1/2007 112500 112442.4 Cash Out Refinance 9.309 Full Documentation AA+ 150000 150000 0 112500 6 mo int on 80% 171043704 951.33 6/1/2007 107950 107855.11 Cash Out Refinance 10.05 Full Documentation AA 127000 127000 0 107902.75 None 171043771 1619.27 7/1/2007 197700 197236.77 Cash Out Refinance 9.2 Full Documentation AA 220000 220000 0 197469.27 2% of ppd amt 171043782 1867.44 6/1/2007 226000 225767.22 Cash Out Refinance 9.3 Stated Income Documentation AA+ 266000 266000 0 225884.06 None 171043803 1521.16 6/1/2007 170460 170314.89 Purchase 10.2 Stated Income Documentation AA+ 190000 190000 189400 170387.75 6 mo int on 80% 171043805 1237.23 6/1/2007 135810 135700.42 Purchase 10.45 Stated Income Documentation AA+ 153000 153000 150900 135755.45 6 mo int on 80% 171043807 2497.56 6/1/2007 342000 341534.84 Cash Out Refinance 7.95 Full Documentation AA+ 380000 380000 0 341768.19 None 171043839 2107.3 6/1/2007 280500 280141.05 Cash Out Refinance 8.25 Full Documentation AA+ 330000 300000 0 280321.14 6 mo int on 80% 171043865 1090.65 6/1/2007 145000 144933.04 Purchase 8.75 Full Documentation AA+ 167000 167000 167000 144966.64 6 mo int on 80% 171043887 1376.73 6/1/2007 153000 152936.52 Cash Out Refinance 10.3 Stated Income Documentation AA+ 170000 162000 0 153000 6 mo int on 80% 171043919 1741.39 6/1/2007 197600 197426.3 Cash Out Refinance 10.05 Full Documentation AA 230400 230400 0 197513.51 6 mo int on 80% 171043935 969.68 7/1/2007 137000 136870.52 Cash Out Refinance 7.625 Full Documentation AA+ 162100 162100 0 136870.52 3% / 2% / 1% 171043955 2339.94 6/1/2007 380985 380835.72 Cash Out Refinance 6.9 Full Documentation AA+ 630000 575000 0 380985 6 mo int on 80% 171043965 1236.93 6/1/2007 187500 187447.85 Cash Out Refinance 7.75 Full Documentation AA+ 255000 255000 0 187474.01 6 mo int on 80% 171043968 2417.35 7/1/2007 290000 289854.32 Cash Out Refinance 9.4 Full Documentation AA 412000 412000 0 289854.32 6 mo int on 80% 171043980 1548.8 7/1/2007 211200 211200 Purchase 8.8 Full Documentation AA+ 240000 240000 240000 211200 6 mo int on 80% 171044000 1960.81 6/1/2007 261000 260833.57 Cash Out Refinance 8.25 Full Documentation AA+ 348000 348000 0 261000 6 mo int on 80% 171044034 2115.07 6/1/2007 212250 211093.3 Cash Out Refinance 8.7 Business Bank Statements AA+ 283000 283000 0 211673.74 6 mo int on 80% 171044049 1113.77 7/1/2007 129600 129593.23 Purchase 10.25 Stated Income Documentation AA+ 170000 170000 162000 129600 6 mo int on 80% 171044080 1134.9 7/1/2007 165000 164951.35 Cash Out Refinance 7.9 Full Documentation AA+ 211000 211000 0 164951.35 6 mo int on 80% 171044081 1927.04 6/1/2007 247500 247461.39 Rate/Term Refinance 9.25 Stated Income Documentation AA 280000 280000 0 247480.77 6 mo int on 80% 171044093 1459.93 6/1/2007 220000 219939.88 Cash Out Refinance 7.8 Full Documentation AA+ 275000 275000 0 219970 6 mo int on 80% 171044102 1669.69 7/1/2007 232000 231975.96 Cash Out Refinance 8.512 Full Documentation AA+ 290000 290000 0 231975.96 6 mo int on 80% 171044103 1616.45 7/1/2007 200000 199891.88 Purchase 9.05 Full Documentation AA+ 250000 250000 250000 199891.88 6 mo int on 80% 171044108 1917.21 7/1/2007 229000 228886.17 Purchase 9.45 Stated Income Documentation AA+ 281000 281000 261325 229000 6 mo int on 80% 171044125 1437.87 6/1/2007 187000 186886.71 Cash Out Refinance 8.5 Full Documentation AA+ 220000 220000 0 187000 6 mo int on 80% 171044129 1548.29 6/1/2007 204800 204753.58 Cash Out Refinance 8.8 Stated Income Documentation AA+ 256000 256000 0 204800 6 mo int on 80% 171044130 1459.15 6/1/2007 199040 198941.09 Purchase 8.5 Full Documentation AA 250000 250000 248800 198990.72 6 mo int on 80% 171044139 1785.08 7/1/2007 243500 243439.71 Cash Out Refinance 8.5 Full Documentation A 290000 276000 0 243500 6 mo int on 80% 171044141 1037.42 7/1/2007 125000 124872.58 Cash Out Refinance 9.35 Full Documentation A 275000 275000 0 124936.54 6 mo int on 80% 171044172 1213.61 6/1/2007 162555 162540.23 Cash Out Refinance 8.85 Full Documentation AA 220000 220000 0 162555 6 mo int on 80% 171044210 590.03 6/1/2007 75000 74956.85 Cash Out Refinance 8.75 Full Documentation A 120000 120000 0 75000 6 mo int on 80% 171044226 2206.48 6/1/2007 332500 332409.25 Cash Out Refinance 7.8 Full Documentation AA+ 490000 450000 0 332454.77 6 mo int on 80% 171044227 1148.85 6/1/2007 150800 150706.75 Cash Out Refinance 8.4 Full Documentation AA+ 179000 179000 0 150800 6 mo int on 80% 171044228 1205.18 6/1/2007 195075 194710.48 Cash Out Refinance 6.95 Full Documentation AA+ 255000 255000 0 194787.52 6 mo int on 80% 171044241 1573.4 6/1/2007 200000 199884.93 Cash Out Refinance 8.75 Full Documentation AA 232000 232000 0 200000 6 mo int on 80% 171044252 1261.14 6/1/2007 144500 144479.15 Cash Out Refinance 10.3 Stated Income Documentation AA+ 170000 170000 0 144500 6 mo int on 80% 171044266 1418.31 6/1/2007 255000 254941.69 Cash Out Refinance 6.4 Full Documentation AA+ 660000 660000 0 255000 None 171044271 1266.25 8/1/2007 206500 206464.15 Purchase 7.15 Full Documentation AA+ 260000 260000 260000 206428.08 6 mo int on 80% 171044284 1449.31 7/1/2007 221000 220793.33 Cash Out Refinance 7.7 Full Documentation AA+ 260000 260000 0 221000 6 mo int on 80% 171044292 1694.34 6/1/2007 248000 247969.33 Cash Out Refinance 8.05 Stated Income Documentation AA+ 310000 310000 0 248000 None 171044296 998.01 6/1/2007 139750 139712.77 Cash Out Refinance 8.25 Stated Income Documentation AA+ 215000 215000 0 139750 6 mo int on 80% 171044307 1530.67 6/1/2007 231300 231224.59 Cash Out Refinance 7.55 Full Documentation AA+ 257000 257000 0 231300 6 mo int on 80% 171044350 1172.82 6/1/2007 164500 164382.72 Cash Out Refinance 7.7 Full Documentation AA+ 235000 235000 0 164500 6 mo int on 80% 171044402 1140.42 6/1/2007 154400 154385.41 Purchase 8.75 Full Documentation AA+ 193000 193000 193000 154400 6 mo int on 80% 171044447 845.97 6/1/2007 129000 128981.78 Rate/Term Refinance 7.7 Full Documentation AA+ 306000 265000 0 129000 6 mo int on 80% 171044453 1562.03 6/1/2007 247270 247230.74 Cash Out Refinance 7.39 Full Documentation AA+ 313000 313000 0 247270 6 mo int on 80% 171044463 1576.82 6/1/2007 182750 182665.64 Purchase 9.8 Stated Income Documentation AA+ 215000 215000 215000 182750 6 mo int on 80% 171044488 1962.98 6/1/2007 229500 229487.77 Cash Out Refinance 10.2 Stated Income Documentation AA+ 255000 255000 0 229500 6 mo int on 80% 191037099 1667.89 6/1/2007 262100 261977.18 Cash Out Refinance 7.45 Full Documentation B 378000 378000 0 262018.37 6 mo int on 80% 191037708 1407.54 7/1/2007 192000 191952.46 Cash Out Refinance 8.5 Full Documentation AA+ 240000 240000 0 192000 6 mo int on 80% 191037758 1507.38 6/1/2007 226800 226613.73 Cash Out Refinance 6.99 Full Documentation AA+ 252000 245000 0 226800 6 mo int on 80% 191038215 1487.94 6/1/2007 162000 161872.06 Cash Out Refinance 10.55 Full Documentation A 180000 180000 0 161936.31 6 mo int on 80% 191038652 853.91 6/1/2007 108000 107984.12 Rate/Term Refinance 9.4 Full Documentation AA+ 120000 120000 0 107992.09 6 mo int on 80% 191038750 1646.57 7/1/2007 217800 217700.9 Rate/Term Refinance 8.8 Business Bank Statements AA+ 242000 242000 0 217750.63 6 mo int on 80% 191038863 1393.79 6/1/2007 174000 173807.2 Cash Out Refinance 8.95 Stated Income Documentation AA 224700 224700 0 173903.96 6 mo int on 80% 191038913 2038.88 6/1/2007 320400 320300.23 Cash Out Refinance 7.45 Business Bank Statements AA+ 367000 367000 0 320350.27 6 mo int on 80% 191038917 2125.79 6/1/2007 357850 357713.31 Cash Out Refinance 6.9 Full Documentation AA+ 421000 385000 0 357781.85 None 191038928 1894.99 6/1/2007 248500 248455.94 Cash Out Refinance 9.05 Stated Income Documentation AA 355000 355000 0 248477 6 mo int on 80% 191038951 1545.81 6/1/2007 220000 219838.36 Cash Out Refinance 7.55 Full Documentation AA+ 360000 360000 0 220000 6 mo int on 80% 191038963 1706.91 6/1/2007 265000 264960.38 Purchase 7.55 Stated Income Documentation AA+ 360000 360000 360000 265000 6 mo int on 80% 191038965 925.52 6/1/2007 135000 134895.73 Cash Out Refinance 7.3 Full Documentation AA+ 180000 180000 0 135000 6 mo int on 80% 191038982 729.67 7/1/2007 112500 112403.14 Rate/Term Refinance 6.75 Full Documentation A 135000 135000 0 112500 6 mo int on 80% 191039020 1451 6/1/2007 203000 202956.77 Cash Out Refinance 8.45 Full Documentation A 360000 360000 0 202978.46 6 mo int on 80% 191039034 1920.53 7/1/2007 200000 199958.74 Rate/Term Refinance 11.4 Full Documentation CC 255000 255000 0 199979.47 6 mo int on 80% 191039048 1328.21 7/1/2007 210000 209966.79 Cash Out Refinance 7.4 Full Documentation AA+ 280000 280000 0 210000 6 mo int on 80% 191039049 2045.81 7/1/2007 252000 251865.19 Cash Out Refinance 9.1 Stated Income Documentation AA+ 327000 300000 0 252000 6 mo int on 80% 191039074 1348.98 6/1/2007 189900 189848.67 Cash Out Refinance 8.2 Full Documentation AA+ 211000 211000 0 189900 6 mo int on 80% 191039107 3079.57 6/1/2007 342000 341910.97 Rate/Term Refinance 10.65 Stated Income Documentation AA+ 380000 365000 0 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300000 0 270000 6 mo int on 80% 191039405 1074.43 6/1/2007 157500 157377.13 Cash Out Refinance 7.25 No Documentation AA+ 620000 620000 0 157500 6 mo int on 80% 191039413 1166 6/1/2007 212000 212000 Cash Out Refinance 6.6 Full Documentation AA+ 320000 320000 0 212000 6 mo int on 80% 191039415 1557.21 6/1/2007 234000 233924.79 Cash Out Refinance 7.6 Full Documentation AA+ 312000 312000 0 234000 6 mo int on 80% 191039417 2051.93 7/1/2007 279900 279830.69 Cash Out Refinance 8.5 Stated Income Documentation AA+ 360000 360000 0 279900 6 mo int on 80% 191039423 1501.72 6/1/2007 178500 178470.91 Cash Out Refinance 9.9 Full Documentation AA+ 210000 190000 0 178500 6 mo int on 80% 191039461 2325.9 7/1/2007 297000 296827.35 Cash Out Refinance 8.7 Full Documentation AA+ 335000 335000 0 296827.35 6 mo int on 80% 191039462 1548.94 7/1/2007 260000 259890.59 Cash Out Refinance 6.644 Full Documentation AA+ 375000 375000 0 260000 6 mo int on 80% 191039495 1905.89 6/1/2007 325000 324935.78 Cash Out Refinance 6.8 Full Documentation AA+ 420000 420000 0 325000 6 mo int on 80% 191039512 1097.77 6/1/2007 127800 127780.54 Purchase 10.125 Stated Income Documentation AA+ 157500 157500 142000 127800 6 mo int on 80% 191039531 1141.61 6/1/2007 140000 139925.89 Cash Out Refinance 9.15 Full Documentation C 200000 200000 0 140000 6 mo int on 80% 191039536 3526.31 6/1/2007 412200 412005.64 Purchase 9.7 Full Documentation AA+ 472000 472000 458000 412200 None 191039539 1459.72 6/1/2007 173600 173514.61 Cash Out Refinance 9.5 Stated Income Documentation AA+ 217000 217000 0 173600 6 mo int on 80% 191039570 1645.38 6/1/2007 304000 303925.29 Cash Out Refinance 6.2 Full Documentation AA+ 390000 390000 0 304000 6 mo int on 80% 191039596 2099.62 6/1/2007 275600 275429.58 Rate/Term Refinance 8.4 Full Documentation AA+ 315000 300000 0 275600 1% of UPB 191039607 1552.02 6/1/2007 200000 199881.31 Cash Out Refinance 8.6 Stated Income Documentation AA+ 365000 365000 0 200000 6 mo int on 80% 191039652 1649.71 7/1/2007 185805 185796.57 Purchase 10.6 Stated Income Documentation AA+ 207000 207000 206450 185805 6 mo int on 80% 211055076 2422.94 6/1/2007 394500 394189.99 Cash Out Refinance 6.9 Full Documentation AA+ 450000 450000 0 394345.44 2 mo int on 66% if less than 8% 211055154 1578.86 6/1/2007 213750 213322.97 Cash Out Refinance 8.07 Full Documentation AA+ 285000 285000 0 213466.27 2% of ppd amt 211055281 1919.89 7/1/2007 225000 224785.6 Cash Out Refinance 9.67 Stated Income Documentation AA+ 250000 250000 0 224893.23 6 mo int on 80% 211055871 1324.73 6/1/2007 165750 165658.04 Cash Out Refinance 8.925 Full Documentation AA 195000 195000 0 165750 1% of amt ppd if loan greater than $150K 211056512 1171.94 6/1/2007 164978 164933.41 Cash Out Refinance 8.2 Full Documentation AA+ 240000 240000 0 164978 None 211056530 2540.72 6/1/2007 270000 269800.16 Cash Out Refinance 10.85 Stated Income Documentation AA+ 300000 300000 0 269900.53 None 211056620 1566.67 7/1/2007 228000 227972.33 Cash Out Refinance 8.1 Stated Income Documentation AA+ 285000 285000 0 228000 2% of ppd amt 211056771 2046.14 6/1/2007 233750 233541 Rate/Term Refinance 9.97 Full Documentation AA+ 330000 275000 0 233645.93 2% of ppd amt 211056830 1527.26 6/1/2007 249400 249202.62 Rate/Term Refinance 6.875 Full Documentation AA+ 294000 294000 0 249301.59 2 mo int on 66% if less than 8% 211056847 2423.58 7/1/2007 390000 389851.42 Cash Out Refinance 7 Full Documentation AA+ 900000 900000 0 389851.42 2 mo int on 66% if less than 8% 211056995 1538.52 6/1/2007 192500 192393.2 Cash Out Refinance 8.925 Full Documentation AA 275000 275000 0 192500 2% of ppd amt 211057020 1545.08 6/1/2007 190000 189796.75 Cash Out Refinance 9.119 Full Documentation AA+ 230000 230000 0 189898.76 2% of ppd amt 211057047 1086.71 6/1/2007 159300 159050.71 Rate/Term Refinance 7.25 Stated Income Documentation AA+ 298000 298000 0 159175.73 6 mo int on 80% 211057091 1560.37 6/1/2007 202000 201756.9 Cash Out Refinance 8.55 Stated Income Documentation AA+ 267000 267000 0 201878.88 None 211057113 1205.62 6/1/2007 125600 125511.95 Cash Out Refinance 11.1 Stated Income Documentation B 157000 157000 0 125556.18 None 211057114 1837.82 6/1/2007 252000 251936.68 Purchase 8.45 Full Documentation AA+ 360000 360000 360000 252000 None 211057135 1033.33 6/1/2007 160000 160000 Cash Out Refinance 7.75 Full Documentation AA+ 207000 199000 0 160000 None 211057153 1645.99 6/1/2007 199200 199097.81 Cash Out Refinance 9.3 Full Documentation AA+ 249000 249000 0 199200 6 mo int on 80% 211057169 2352.79 6/1/2007 302000 301874.28 Cash Out Refinance 9.1 Stated Income Documentation AA+ 390000 390000 0 301937.38 6 mo int on 80% 211057185 1454.29 6/1/2007 203010 202967.09 Rate/Term Refinance 8.47 Full Documentation AA+ 300000 285000 0 202988.62 2% of ppd amt 211057186 867.57 6/1/2007 118800 118638.43 Cash Out Refinance 7.95 Full Documentation AA+ 132000 132000 0 118719.48 2% of ppd amt 211057206 1573.35 7/1/2007 212000 211861.18 Cash Out Refinance 8.12 Full Documentation B 275000 275000 0 212000 2% of ppd amt 211057210 1355.55 6/1/2007 164050 163965.84 Purchase 9.3 Stated Income Documentation AA+ 193000 193000 193000 164050 2% of ppd amt 211057219 1403.35 6/1/2007 221000 221000 Cash Out Refinance 7.62 Full Documentation AA+ 340000 340000 0 221000 2 mo int or 60 days int on UPB 211057232 1664.75 6/1/2007 260250 260064.63 Cash Out Refinance 7.25 Full Documentation AA+ 347000 347000 0 260157.59 2 mo int on 66% if less than 8% 211057236 2142.26 7/1/2007 292650 292253.97 Cash Out Refinance 7.975 Full Documentation AA+ 450000 450000 0 292452.64 6 mo int on 80% 211057243 952.3 6/1/2007 125000 124844.86 Cash Out Refinance 8.4 Full Documentation AA+ 193500 193500 0 124922.7 2% of ppd amt 211057291 1298.19 7/1/2007 172800 172689.81 Cash Out Refinance 8.25 Full Documentation AA+ 192000 192000 0 172800 2% of ppd amt 211057294 1799.34 6/1/2007 219300 219272.14 Cash Out Refinance 9.77 Stated Income Documentation AA 258000 233000 0 219286.13 2% of ppd amt 211057297 1224.73 7/1/2007 193765 193290.9 Cash Out Refinance 6.5 Full Documentation AA+ 298100 274500 0 193528.59 2% of ppd amt 211057307 2511.01 6/1/2007 360000 359731.49 Cash Out Refinance 7.475 Full Documentation AA+ 470000 470000 0 360000 6 mo int on 80% 211057315 1763.14 6/1/2007 248500 248321.05 Cash Out Refinance 7.65 Business Bank Statements AA+ 355000 355000 0 248500 2% of ppd amt 211057320 2108.3 6/1/2007 304500 304037.48 Cash Out Refinance 7.4 Full Documentation AA+ 415000 415000 0 304269.45 2 mo int on 66% if less than 8% 211057321 1182.41 6/1/2007 142200 142151.07 Cash Out Refinance 9.775 Full Documentation AA 158000 158000 0 142175.34 1% of UPB 211057336 1593.4 6/1/2007 210275 210238.68 Rate/Term Refinance 8.99 Full Documentation AA+ 245000 245000 0 210275 6 mo int on 80% 211057353 1728.42 6/1/2007 228600 228560.2 Cash Out Refinance 8.969 Business Bank Statements AA+ 254000 254000 0 228580.17 2% of ppd amt 211057416 1056.84 6/1/2007 117450 117352.12 Cash Out Refinance 10.3 Full Documentation AA+ 130500 130500 0 117401.27 2% of ppd amt 211057417 1239.62 7/1/2007 117000 111837.2 Rate/Term Refinance 12.4 Stated Income Documentation AA 165000 153000 0 111969.38 None 211057429 1600.05 6/1/2007 199750 199639.75 Rate/Term Refinance 8.95 Full Documentation AA+ 235000 235000 0 199750 2% of ppd amt 211057442 2082.59 6/1/2007 337511.5 337453.98 Cash Out Refinance 7.2 Full Documentation AA+ 485000 485000 0 337511.5 2 mo int on 66% if less than 8% 211057462 987.74 6/1/2007 96750 96693.12 Cash Out Refinance 11.9 Full Documentation AA+ 107500 107500 0 96721.7 None 211057469 636.27 7/1/2007 75000 74988.11 Cash Out Refinance 9.99 Full Documentation AA+ 373000 373000 0 75000 2% of ppd amt 211057482 594.17 7/1/2007 60000 59760.52 Cash Out Refinance 11.5 Full Documentation C 400000 400000 0 59880.83 2% of ppd amt 211057503 1770.23 6/1/2007 238500 238385.58 Cash Out Refinance 8.62 Full Documentation AA+ 265000 265000 0 238442.99 None 211057508 1026.02 6/1/2007 155000 154742.64 Cash Out Refinance 6.95 Full Documentation AA+ 290000 290000 0 154871.69 6 mo int on 80% 211057516 1745.31 6/1/2007 172250 172198.48 Cash Out Refinance 11.8 Full Documentation CC 265000 265000 0 172250 2% of ppd amt 211057528 1156.95 7/1/2007 154000 153901.8 Cash Out Refinance 8.25 Full Documentation AA+ 305000 220000 0 154000 None 211057568 2630.1 6/1/2007 378000 377431.54 Cash Out Refinance 7.45 Full Documentation AA+ 420000 420000 0 377716.65 2 mo int on 66% if less than 8% 211057599 1741.96 9/1/2007 262500 262464.29 Cash Out Refinance 7.8 Full Documentation AA+ 329000 329000 0 262500 2 mo int on 66% if less than 8% 211057604 2765.93 6/1/2007 297500 297386.78 Cash Out Refinance 10.7 Stated Income Documentation C 350000 350000 0 297500 None 211057614 1124.39 6/1/2007 190500 190463.05 Cash Out Refinance 6.85 Full Documentation AA+ 243000 243000 0 190500 None 211057640 1394.38 7/1/2007 168750 168663.43 Purchase 9.3 Full Documentation AA+ 190000 190000 187500 168750 6 mo int on 80% 211057656 888.54 6/1/2007 101250 101160.05 Cash Out Refinance 10 Full Documentation AA+ 135000 122000 0 101205.21 1% of UPB 211057663 1996.83 6/1/2007 282600 282522.5 Cash Out Refinance 8.15 Business Bank Statements AA+ 314000 314000 0 282600 None 211057666 2201.11 6/1/2007 304300 303877.66 Cash Out Refinance 7.85 Full Documentation AA+ 358000 358000 0 304089.52 2 mo int on 66% if less than 8% 211057692 1206.62 7/1/2007 135495 135437.26 Cash Out Refinance 10.175 Stated Income Documentation AA+ 230000 230000 0 135495 6 mo int on 80% 211057711 1947.38 6/1/2007 217800 217771.08 Purchase 10.57 Full Documentation AA+ 245000 235000 242000 217800 2% of ppd amt 211057713 2874.87 6/1/2007 394200 394100.96 Cash Out Refinance 8.45 Full Documentation AA+ 438000 438000 0 394200 None 211057717 1379.57 6/1/2007 173000 172903.51 Rate/Term Refinance 8.9 Full Documentation AA+ 335000 335000 0 173000 None 211057720 1088.54 6/1/2007 119000 118952.71 Purchase 10.5 Full Documentation AA+ 220000 220000 170000 119000 2% of ppd amt 211057721 1306.91 7/1/2007 172000 171857.55 Cash Out Refinance 8.85 Full Documentation B 215000 194000 0 171961.59 2% of ppd amt 211057727 2693.56 6/1/2007 400000 399895.87 Cash Out Refinance 7.925 Stated Income Documentation AA+ 500000 500000 0 399948.11 6 mo int on 80% 211057751 1328.95 6/1/2007 224000 223957.18 Cash Out Refinance 6.89 Full Documentation AA+ 291000 291000 0 224000 2 mo int on 66% if less than 8% 211057770 2057.91 6/1/2007 329000 328696.76 Cash Out Refinance 6.4 Full Documentation AA+ 530000 530000 0 329000 2 mo int on 66% if less than 8% 211057773 2985.03 6/1/2007 355000 354825.39 Cash Out Refinance 9.5 Stated Income Documentation A 560000 560000 0 355000 None 211057798 1025.73 6/1/2007 119900 119843.46 Cash Out Refinance 9.7 Full Documentation AA+ 160000 160000 0 119900 2% of ppd amt 211057806 1107.31 6/1/2007 116970 116927.6 Cash Out Refinance 10.925 Stated Income Documentation AA+ 167100 167100 0 116970 2% of ppd amt 211057809 826.6 6/1/2007 108000 107933.9 Cash Out Refinance 8.45 Full Documentation AA+ 140000 129000 0 108000 2% of ppd amt 211057832 1420.7 7/1/2007 175000 174906.38 Cash Out Refinance 9.1 Stated Income Documentation AA+ 275000 275000 0 175000 6 mo int on 80% 211057848 3538.26 6/1/2007 407250 407130.15 Purchase 10.25 Stated Income Documentation AA+ 520000 520000 452500 407190.33 None 211057851 1319.89 6/1/2007 152000 151930.94 Cash Out Refinance 9.875 Full Documentation C 450000 450000 0 152000 None 211057878 1154.62 6/1/2007 157500 157461.01 Cash Out Refinance 8.5 Full Documentation AA+ 175000 175000 0 157500 6 mo int on 80% 211057892 1352.78 6/1/2007 169200 169188.13 Cash Out Refinance 9.51 Stated Income Documentation AA+ 188000 188000 0 169200 None 211057899 915.77 7/1/2007 126000 125913.73 Cash Out Refinance 7.9 Full Documentation AA+ 200000 200000 0 125913.73 6 mo int on 80% 211057917 1192.49 6/1/2007 136000 135939.71 Cash Out Refinance 9.99 Full Documentation AA+ 160000 160000 0 136000 2% of ppd amt 211057972 1601.84 6/1/2007 241500 241300.87 Cash Out Refinance 6.97 Full Documentation AA+ 385000 385000 0 241500 2 mo int on 66% if less than 8% 211057974 1130.05 6/1/2007 142350 142269.78 Purchase 8.85 Full Documentation AA 420000 420000 219000 142350 None 211057986 1764.38 8/1/2007 240000 239839.62 Cash Out Refinance 8.02 Full Documentation A 360000 360000 0 240000 2% of ppd amt 211057991 2209.59 6/1/2007 255000 254883.54 Cash Out Refinance 9.85 Full Documentation B 340000 340000 0 255000 None 211058000 2416.5 7/1/2007 390000 389850.38 Cash Out Refinance 6.975 Full Documentation A 562000 510000 0 389850.38 None 211058033 2179.4 6/1/2007 284750 284575.71 Cash Out Refinance 8.45 Full Documentation AA 335000 335000 0 284750 1% of UPB 211058101 1188.4 6/1/2007 196700 196700 Cash Out Refinance 7.25 Full Documentation AA+ 281000 281000 0 196700 2% of ppd amt 211058102 2284.86 6/1/2007 253400 253295.44 Cash Out Refinance 10.325 Full Documentation C 362000 362000 0 253400 2% of ppd amt 211058141 725.98 6/1/2007 107000 106986.46 Cash Out Refinance 7.99 Full Documentation AA+ 213000 213000 0 107000 2% of ppd amt 211058175 2922.17 6/1/2007 383200 383167.8 Cash Out Refinance 9.05 Full Documentation AA+ 479000 479000 0 383200 None 211058275 1548.74 6/1/2007 182600 182512.06 Cash Out Refinance 9.6 Full Documentation AA 222000 222000 0 182600 None 211058291 633.68 6/1/2007 64800 64798.12 Purchase 11.7 Full Documentation AA+ 77000 77000 72000 64800 2% of ppd amt 231092397 1201.54 6/1/2007 150000 149917.21 Cash Out Refinance 8.95 Full Documentation AA+ 215000 215000 0 150000 6 mo int on 80% 231092623 965.94 6/1/2007 111475 111424.08 Cash Out Refinance 9.85 Stated Income Documentation AA+ 171500 171500 0 111475 6 mo int on 80% 231092779 2087.52 6/1/2007 256000 255864.48 Cash Out Refinance 9.15 Full Documentation A 320000 304000 0 256000 6 mo int on 80% 231092984 1512.22 6/1/2007 166500 166432.58 Rate/Term Refinance 10.413 Full Documentation AA+ 185000 180000 0 166500 None 231092992 683.25 6/1/2007 75000 74969.88 Purchase 10.45 Stated Income Documentation AA+ 92000 92000 92000 75000 6 mo int on 80% 231093008 1918.03 6/1/2007 264375 264307.6 Rate/Term Refinance 8.4 Full Documentation AA+ 352500 352500 0 264375 6 mo int on 80% 231093113 986.92 6/1/2007 105300 105260.78 Purchase 10.8 Full Documentation AA+ 117000 117000 117000 105300 None 231093168 1664 6/1/2007 253300 253087.2 Rate/Term Refinance 6.875 Full Documentation AA+ 298000 298000 0 253300 None 231093329 1307.71 6/1/2007 208000 207922.96 Cash Out Refinance 7.1 Stated Income Documentation AA+ 260000 260000 0 208000 None 231093497 795.29 7/1/2007 80994 80947.82 Purchase 11.39 Full Documentation AA+ 90000 90000 89994 80994 6 mo int on 80% 231093620 2066.68 6/1/2007 247500 247376.2 Cash Out Refinance 9.42 Stated Income Documentation AA+ 275000 275000 0 247500 6 mo int on 80% 231093624 2713.88 6/1/2007 297900 297659.62 Rate/Term Refinance 10.45 Business Bank Statements AA+ 331000 331000 0 297780.33 None 231093648 1794.5 6/1/2007 270000 269778.25 Cash Out Refinance 6.99 Stated Income Documentation AA 300000 300000 0 270000 6 mo int on 80% 231093716 1561.99 6/1/2007 200000 199883.01 Cash Out Refinance 8.67 Stated Income Documentation A 425000 425000 0 200000 None 231093732 2217.57 6/1/2007 360000 359859.93 Cash Out Refinance 6.925 Full Documentation AA+ 450000 450000 0 360000 None 231093733 677.3 7/1/2007 65600 65581.43 Cash Out Refinance 12.05 Stated Income Documentation AA+ 82000 80000 0 65581.43 None 231093763 1315.16 6/1/2007 162000 161913.34 Cash Out Refinance 9.1 Stated Income Documentation AA+ 182000 182000 0 162000 None 231093791 1263.06 6/1/2007 192600 192572.79 Purchase 7.7 Full Documentation AA+ 214000 214000 214000 192600 6 mo int on 80% 231093817 2482.92 6/1/2007 279395 279275.3 Purchase 10.15 Stated Income Documentation AA+ 352000 352000 328700 279395 None 231093827 1214.04 6/1/2007 168000 167883.56 Cash Out Refinance 7.84 Full Documentation AA+ 268000 268000 0 168000 6 mo int on 80% 231093834 1756.88 8/1/2007 255000 254787.77 Cash Out Refinance 7.35 Stated Income Documentation AA+ 395000 395000 0 254805 None 231093850 987.64 7/1/2007 130000 129919.11 Cash Out Refinance 8.37 Full Documentation AA+ 400000 400000 0 130000 None 231093872 3251.9 6/1/2007 355500 355358.73 Cash Out Refinance 10.5 Full Documentation AA 395000 376000 0 355500 None 231093891 2799.42 7/1/2007 376000 375910.91 Cash Out Refinance 8.65 Stated Income Documentation AA+ 470000 430000 0 376000 None 231093915 934.14 6/1/2007 106000 105953.61 Rate/Term Refinance 10.05 Full Documentation CC 263000 263000 0 106000 None 231093933 1820.19 6/1/2007 216000 215894.31 Purchase 9.525 Stated Income Documentation AA+ 341000 341000 270000 216000 None 231093945 1250.7 7/1/2007 178000 177869.22 Cash Out Refinance 7.55 Full Documentation AA+ 212000 212000 0 178000 None 231093947 1051.88 6/1/2007 103500 103469.32 Cash Out Refinance 11.84 Stated Income Documentation AA 138000 115000 0 103500 6 mo int on 80% 231093960 1655.51 6/1/2007 200000 199897.82 Cash Out Refinance 9.32 Full Documentation A 250000 250000 0 200000 None 231093976 1665.05 6/1/2007 208800 208566.24 Rate/Term Refinance 8.9 Full Documentation AA+ 232000 225000 0 208683.55 None 231093979 2437.42 7/1/2007 400000 399929.25 Cash Out Refinance 7.1 Full Documentation AA+ 520000 520000 0 400000 6 mo int on 80% 231094027 712.57 7/1/2007 68000 67963.01 Cash Out Refinance 12.25 Stated Income Documentation AA+ 80000 80000 0 67981.6 6 mo int on 80% 231094042 1625.04 7/1/2007 248000 247790.63 Cash Out Refinance 6.85 Stated Income Documentation AA+ 310000 280000 0 248000 6 mo int on 80% 231094046 1416.06 6/1/2007 180000 179896.44 Cash Out Refinance 8.75 Full Documentation A 240000 240000 0 180000 3 mo int 231094052 1238.29 8/1/2007 141700 141636.64 Cash Out Refinance 9.95 Business Bank Statements B 218000 218000 0 141700 None 231094078 1094.44 7/1/2007 145000 144908.48 Cash Out Refinance 8.3 Full Documentation AA+ 248000 248000 0 144908.48 6 mo int on 80% 231094092 908.12 6/1/2007 108000 107946.88 Cash Out Refinance 9.5 Full Documentation AA+ 120000 120000 0 108000 2% / 1% 231094107 877.57 6/1/2007 100000 99955.76 Cash Out Refinance 10 Stated Income Documentation AA+ 550000 550000 0 100000 None 231094117 1138.42 6/1/2007 182000 181663.6 Cash Out Refinance 6.4 Full Documentation AA+ 310000 310000 0 181832.25 None 231094195 1837.36 7/1/2007 221000 220833.16 Cash Out Refinance 9.37 Business Bank Statements AA+ 260000 245000 0 221000 None 231094202 1229.69 6/1/2007 168300 168283.47 Rate/Term Refinance 8.65 Stated Income Documentation AA+ 187000 187000 0 168300 6 mo int on 80% 231094228 1447.99 6/1/2007 165000 164927.01 Cash Out Refinance 10 Stated Income Documentation AA+ 380000 380000 0 165000 None 231094253 1150.29 6/1/2007 142000 141973.88 Cash Out Refinance 9.5 Full Documentation AA+ 175000 175000 0 142000 None 231094260 975.06 6/1/2007 100000 99966.61 Purchase 11.3 Full Documentation B 125000 125000 125000 100000 6 mo int on 80% 231094277 1174.23 6/1/2007 144000 143923.77 Cash Out Refinance 9.15 Full Documentation AA+ 160000 160000 0 144000 6 mo int on 80% 231094298 1445.39 6/1/2007 149400 149349.01 Purchase 11.2 Stated Income Documentation AA+ 170000 170000 166000 149400 2% of UPB 231094304 2861.9 6/1/2007 356000 355805.13 Rate/Term Refinance 8.99 Stated Income Documentation AA+ 445000 445000 0 356000 6 mo int on 80% 231094310 1856.45 6/1/2007 297000 296888.43 Cash Out Refinance 7.05 Full Documentation AA 330000 330000 0 297000 None 231094335 1778.45 6/1/2007 207000 206903.43 Purchase 9.75 Stated Income Documentation AA+ 253000 253000 230000 207000 6 mo int on 80% 231094358 1487.22 6/1/2007 185000 184898.74 Cash Out Refinance 8.99 Stated Income Documentation AA+ 240000 240000 0 185000 None 231094377 1476.16 6/1/2007 157500 157441.34 Cash Out Refinance 10.8 Stated Income Documentation AA+ 175000 175000 0 157500 6 mo int on 80% 231094382 1173.74 7/1/2007 123250 123206.05 Rate/Term Refinance 11 Full Documentation AA+ 145000 145000 0 123250 None 231094384 1982.59 7/1/2007 231750 231640.72 Purchase 9.7 Stated Income Documentation AA+ 257500 257500 257500 231750 None 231094385 2437.91 6/1/2007 351000 350899.17 Rate/Term Refinance 7.99 Full Documentation AA+ 390000 390000 0 351000 None 231094392 2177.28 6/1/2007 288000 287934.72 Cash Out Refinance 8.8 Full Documentation A 360000 360000 0 288000 6 mo int on 80% 231094394 4852.28 6/1/2007 580000 579903.72 Rate/Term Refinance 9.84 Stated Income Documentation AA+ 650000 650000 0 580000 None 231094400 1246.38 6/1/2007 183700 183676.76 Rate/Term Refinance 7.99 Full Documentation AA 235000 235000 0 183700 6 mo int on 80% 231094417 2187.95 6/1/2007 261000 260984.88 Cash Out Refinance 9.99 Stated Income Documentation AA+ 290000 290000 0 261000 6 mo int on 80% 231094420 2271.71 6/1/2007 325013 324975.75 Cash Out Refinance 8.25 Full Documentation AA 383000 345000 0 325013 None 231094433 873.88 6/1/2007 100000 99955.29 Purchase 9.95 Full Documentation AA+ 137000 137000 130000 100000 None 231094449 2296.92 6/1/2007 328500 328010.89 Rate/Term Refinance 7.5 Full Documentation AA 370000 370000 0 328256.21 None 231094455 1642.81 6/1/2007 202000 201892.39 Cash Out Refinance 9.12 Full Documentation AA+ 225000 225000 0 202000 6 mo int on 80% 231094465 1084.25 6/1/2007 120000 119950.75 Cash Out Refinance 10.35 Stated Income Documentation AA+ 151000 151000 0 120000 None 231094469 1079.64 6/1/2007 136000 135923.36 Cash Out Refinance 8.85 Stated Income Documentation AA+ 210000 210000 0 136000 6 mo int on 80% 231094485 686.05 8/1/2007 75000 74970.2 Cash Out Refinance 10.5 Full Documentation AA+ 400000 400000 0 75000 6 mo int on 80% 231094486 1381 7/1/2007 190010 189879.9 Cash Out Refinance 7.9 No Documentation AA+ 333000 333000 0 190010 6 mo int on 80% 231094500 2337.14 6/1/2007 246000 245911.71 Cash Out Refinance 10.97 Stated Income Documentation A 340000 340000 0 246000 3 mo int 231094502 1878.55 6/1/2007 249750 249692.54 Purchase 8.75 Stated Income Documentation AA+ 278000 278000 277500 249750 6 mo int on 80% 231094504 1628.58 6/1/2007 178500 178455.64 Rate/Term Refinance 10.8 Stated Income Documentation AA 210000 210000 0 178477.92 6 mo int on 80% 231094507 3235.33 6/1/2007 340000 339878.5 Cash Out Refinance 10.99 Stated Income Documentation AA+ 400000 400000 0 340000 6 mo int on 80% 231094517 869.16 7/1/2007 122500 122323 Cash Out Refinance 7.65 Full Documentation AA+ 210000 210000 0 122500 6 mo int on 80% 231094524 1156.82 6/1/2007 140000 139928.18 Cash Out Refinance 9.3 Full Documentation AA+ 175000 175000 0 140000 None 231094534 924.71 6/1/2007 120000 119974.29 Cash Out Refinance 8.99 Full Documentation AA 135000 135000 0 120000 6 mo int on 80% 231094539 2489.72 7/1/2007 306000 305837.16 Cash Out Refinance 9.125 Stated Income Documentation AA+ 340000 340000 0 306000 6 mo int on 80% 231094569 1086.49 6/1/2007 115000 114958.09 Cash Out Refinance 10.9 Stated Income Documentation AA+ 150000 150000 0 115000 None 231094589 1671.21 6/1/2007 229500 229343.49 Cash Out Refinance 7.92 Full Documentation A 306000 306000 0 229500 6 mo int on 80% 231094594 1560.99 7/1/2007 279580 279386.34 Purchase 6.7 Stated Income Documentation AA+ 400000 365000 399400 279580 None 231094615 1956.58 6/1/2007 281700 281619.07 Rate/Term Refinance 7.99 Full Documentation AA+ 313000 313000 0 281700 None 231094641 2196.25 6/1/2007 232000 231915.92 Cash Out Refinance 10.925 Stated Income Documentation AA 290000 290000 0 232000 6 mo int on 80% 231094642 1503.09 6/1/2007 151200 151152.21 Cash Out Refinance 11.55 Stated Income Documentation AA+ 168000 168000 0 151200 6 mo int on 80% 231094646 1701.03 7/1/2007 205500 205185.1 Cash Out Refinance 9.32 Full Documentation AA+ 274000 274000 0 205500 6 mo int on 80% 231094653 2129.62 7/1/2007 232000 231971.91 Purchase 10.87 Stated Income Documentation AA 290000 290000 290000 232000 None 231094667 1810.9 6/1/2007 185000 184938.89 Cash Out Refinance 11.35 Full Documentation CC 310000 310000 0 185000 None 231094709 2165.99 6/1/2007 242250 242217.83 Cash Out Refinance 10.57 Full Documentation AA 285000 285000 0 242250 None 231094714 1362.36 7/1/2007 220000 219915.47 Cash Out Refinance 6.97 Full Documentation AA+ 490000 490000 0 220000 None 231094759 2306.32 6/1/2007 271920 271789.04 Cash Out Refinance 9.6 Stated Income Documentation AA+ 355000 335000 0 271920 6 mo int on 80% 231094769 1440 6/1/2007 172000 171914.5 Cash Out Refinance 9.45 Full Documentation AA 215000 215000 0 172000 None 231094801 1476.16 6/1/2007 157500 157441.34 Cash Out Refinance 10.8 Full Documentation C 215000 215000 0 157500 6 mo int on 80% 231094847 2478.88 6/1/2007 254228 254143.1 Purchase 11.3 Stated Income Documentation AA+ 282500 282500 282476 254228 None 231094881 837.31 7/1/2007 105000 104941.44 Purchase 8.9 Stated Income Documentation AA+ 220000 220000 140000 105000 None 231094932 1751.72 6/1/2007 253000 252808.45 Cash Out Refinance 7.4 Full Documentation AA+ 350000 350000 0 253000 6 mo int on 80% 231094954 1232.11 6/1/2007 140400 140337.89 Purchase 10 Full Documentation AA+ 160000 160000 156000 140400 None 231094955 2203.37 6/1/2007 261900 261857.31 Cash Out Refinance 9.9 Full Documentation AA+ 291000 291000 0 261900 6 mo int on 80% 331053100 1663.68 6/1/2007 250000 249838.79 Cash Out Refinance 7.6 Full Documentation AA+ 425000 425000 0 249919.65 6 mo int on 80% 331054406 1593.72 7/1/2007 227500 227474.13 Cash Out Refinance 8.27 Full Documentation AA+ 397500 397500 0 227500 None 331054902 3124.66 6/1/2007 460000 459942.01 Cash Out Refinance 8 Stated Income Documentation AA+ 625000 625000 0 460000 6 mo int on 80% 331055098 1065.86 6/1/2007 131000 130930.29 Cash Out Refinance 9.125 Full Documentation AA+ 375000 350000 0 131000 None 331055456 1051.07 7/1/2007 125000 124876.54 Cash Out Refinance 9.5 Stated Income Documentation AA+ 345000 345000 0 124876.54 None 331055493 1681.2 7/1/2007 247500 247437.39 Cash Out Refinance 8 Full Documentation AA+ 275000 275000 0 247468.8 None 331056169 2798.35 6/1/2007 391500 391416.63 Cash Out Refinance 8.45 Full Documentation AA+ 435000 435000 0 391458.46 6 mo int on 80% 331056282 899.63 7/1/2007 117000 116613.98 Cash Out Refinance 8.5 Stated Income Documentation AA+ 130000 130000 0 116928.74 None 331056417 821.89 6/1/2007 104000 103821.02 Cash Out Refinance 8.8 Full Documentation AA+ 130000 130000 0 103881.12 None 331056569 1419.69 6/1/2007 256980 256536.3 Cash Out Refinance 6.35 Full Documentation AA 600000 600000 0 256598.16 None 331056626 2666.07 6/1/2007 410000 409648.72 Cash Out Refinance 6.775 Stated Income Documentation AA+ 815000 700000 0 410000 6 mo int on 80% 331056659 2283.06 7/1/2007 370000 369936.94 Cash Out Refinance 7.2 Full Documentation AA+ 470000 470000 0 370000 None 331056863 1898.33 6/1/2007 234000 233874.61 Cash Out Refinance 9.092 Full Documentation AA+ 260000 260000 0 234000 None 331056970 2361.51 6/1/2007 340000 339803.99 Rate/Term Refinance 7.99 Stated Income Documentation AA+ 425000 425000 0 339902.32 6 mo int on 80% 331056974 4242.18 6/1/2007 487500 487057.58 Cash Out Refinance 9.9 Full Documentation AA+ 650000 590000 0 487279.7 6 mo int on 80% 331056986 1156.7 6/1/2007 146500 146416.41 Cash Out Refinance 8.79 Full Documentation AA+ 163000 163000 0 146500 None 331056999 2153.76 6/1/2007 300000 299921.24 Cash Out Refinance 8.3 Full Documentation AA+ 425000 425000 0 300000 6 mo int on 80% 331057008 1850.05 6/1/2007 189000 188874.55 Rate/Term Refinance 11.35 Full Documentation CC 320000 320000 0 188937.57 None 331057009 2603.94 7/1/2007 323000 322939.69 Cash Out Refinance 9.45 Full Documentation AA+ 394000 345000 0 323000 6 mo int on 80% 331057059 2234.89 6/1/2007 292000 291641.3 Purchase 8.45 Business Bank Statements AA 375000 375000 365000 291821.28 1% of amt ppd if loan greater than $150K 331057072 1557.85 6/1/2007 198000 197960.15 Rate/Term Refinance 9.2 Full Documentation A 220000 220000 0 198000 None 331057086 2903.09 6/1/2007 459000 458927.41 Cash Out Refinance 7.4 Full Documentation AA+ 540000 540000 0 459000 6 mo int on 80% 331057093 1895.77 5/1/2007 250000 249686.54 Cash Out Refinance 8.35 Lite Documentation AA 575000 575000 0 249843.81 6 mo int on 80% 331057115 982.65 6/1/2007 120150 120106.93 Cash Out Refinance 9.6 Full Documentation AA+ 143500 133500 0 120128.55 1% of UPB 331057142 3161.1 6/1/2007 400000 399772.23 Cash Out Refinance 8.8 Stated Income Documentation AA+ 575000 575000 0 400000 6 mo int on 80% 331057156 3231.44 6/1/2007 520000 519801.89 Cash Out Refinance 7 Full Documentation AA+ 700000 700000 0 520000 None 331057176 1197.89 6/1/2007 165750 165716.04 Cash Out Refinance 8.55 Full Documentation AA+ 195000 178000 0 165733.08 6 mo int on 80% 331057200 2719.47 6/1/2007 327250 327230.34 Cash Out Refinance 9.9 Stated Income Documentation AA 425000 385000 0 327250 6 mo int on 80% 331057232 765.32 7/1/2007 104400 104325.13 Cash Out Refinance 7.99 Full Documentation AA+ 116000 116000 0 104325.13 None 331057246 2255.35 7/1/2007 331500 331298.15 Cash Out Refinance 7.8 Stated Income Documentation AA+ 510000 510000 0 331298.15 None 331057278 1898.03 6/1/2007 276250 276168.31 Cash Out Refinance 7.89 Full Documentation A 325000 300000 0 276250 6 mo int on 80% 331057296 3090.18 6/1/2007 488000 487643.68 Cash Out Refinance 7.162 Full Documentation AA+ 795000 795000 0 487822.37 6 mo int on 80% 331057321 1453.35 5/1/2007 165750 165602.43 Rate/Term Refinance 9.99 Full Documentation AA 195000 195000 0 165750 1% of amt ppd if loan greater than $150K 331057332 2605.46 6/1/2007 352750 352683.11 Cash Out Refinance 8.75 Full Documentation AA 415000 415000 0 352716.68 6 mo int on 80% 331057341 1710.55 6/1/2007 252000 251601.71 Cash Out Refinance 7.2 Stated Income Documentation AA+ 315000 285000 0 251801.45 6 mo int on 80% 331057375 856.05 6/1/2007 123250 123214.59 Cash Out Refinance 7.99 Full Documentation AA+ 145000 145000 0 123250 None 331057391 1808.34 6/1/2007 250000 249653.03 Cash Out Refinance 7.85 Full Documentation AA+ 345000 345000 0 249827.08 None 331057397 2769.98 6/1/2007 328000 327679.43 Cash Out Refinance 9.55 Stated Income Documentation AA+ 410000 410000 0 327840.35 None 331057406 1551.97 7/1/2007 187000 186905.07 Cash Out Refinance 9.35 Stated Income Documentation AA+ 340000 340000 0 186905.07 None 331057419 2123.38 6/1/2007 300000 299564.36 Cash Out Refinance 7.625 Full Documentation AA 385000 385000 0 299782.87 None 331057458 4326.64 6/1/2007 510000 509919.11 Cash Out Refinance 9.99 Stated Income Documentation AA 600000 600000 0 510000 None 331057459 1702.46 7/1/2007 300000 299935.04 Cash Out Refinance 6.55 Stated Income Documentation AA+ 385000 385000 0 299935.04 None 331057487 2315.35 6/1/2007 334800 334702.7 Cash Out Refinance 7.95 Full Documentation AA+ 372000 372000 0 334800 None 331057499 1366.31 7/1/2007 168300 168209.96 Purchase 9.1 Full Documentation AA+ 187000 187000 187000 168300 6 mo int on 80% 331057536 3052.53 6/1/2007 417000 416718.78 Cash Out Refinance 7.975 Business Bank Statements AA+ 560000 560000 0 417000 None 331057563 3566.95 6/1/2007 513000 512853.05 Cash Out Refinance 8 Full Documentation AA+ 570000 570000 0 513000 None 331057583 1506.59 6/1/2007 250000 249897.58 Cash Out Refinance 6.74 Full Documentation AA 495000 495000 0 250000 6 mo int on 80% 331057591 2605.84 6/1/2007 350000 349917.08 Cash Out Refinance 8.65 Full Documentation B 450000 450000 0 350000 None 331057598 675.41 7/1/2007 100000 99840.37 Cash Out Refinance 7.15 Full Documentation AA+ 238000 238000 0 99920.42 2% of ppd amt 331057600 762.26 7/1/2007 106400 106324.91 Purchase 7.75 Full Documentation AA+ 133000 133000 133000 106324.91 6 mo int on 80% 331057605 2137.24 7/1/2007 315000 314960.13 Purchase 7.99 Full Documentation AA+ 355000 355000 350000 315000 None 331057609 2920.87 6/1/2007 459000 458857.06 Cash Out Refinance 7.45 Full Documentation AA 510000 510000 0 458928.75 None 331057636 1559 6/1/2007 214500 214205.28 Cash Out Refinance 7.9 Full Documentation AA+ 330000 330000 0 214353.12 None 331057638 2711.29 6/1/2007 340000 339810.38 Cash Out Refinance 8.9 Full Documentation AA+ 455000 455000 0 340000 6 mo int on 80% 331057640 1559 6/1/2007 214500 214205.28 Cash Out Refinance 7.9 Full Documentation AA+ 330000 330000 0 214353.12 None 331057642 1555.36 6/1/2007 214000 213705.98 Cash Out Refinance 7.9 Full Documentation AA+ 330000 330000 0 213853.47 None 331057709 3485.57 7/1/2007 364500 364461.99 Rate/Term Refinance 11.35 Stated Income Documentation A 405000 405000 0 364500 None 331057712 1952.08 6/1/2007 300000 299795.21 Cash Out Refinance 7.4 Full Documentation AA+ 400000 400000 0 299897.92 None 331057722 3629.27 6/1/2007 472000 471714.06 Cash Out Refinance 8.5 Stated Income Documentation AA+ 590000 590000 0 472000 6 mo int on 80% 331057726 867.08 7/1/2007 130000 129625.82 Cash Out Refinance 7.025 Stated Income Documentation AA+ 236000 236000 0 129625.82 6 mo int on 80% 331057735 1639.93 6/1/2007 206000 205960 Cash Out Refinance 9.32 Full Documentation AA 250000 250000 0 206000 None 331057759 2712.48 6/1/2007 352000 351848.61 Cash Out Refinance 8.99 Stated Income Documentation AA 440000 440000 0 351924.59 None 331057762 1625.54 7/1/2007 239000 238812.44 Cash Out Refinance 7.22 Full Documentation AA+ 345000 345000 0 238812.44 None 331057794 2818.54 7/1/2007 360000 359926.46 Cash Out Refinance 9.15 Stated Income Documentation AA+ 450000 450000 0 360000 None 331057799 983.4 6/1/2007 93500 93474.98 Cash Out Refinance 12.3 Stated Income Documentation AA+ 110000 110000 0 93500 1% of amt prepaid 331057838 2127.49 7/1/2007 311000 310906.97 Cash Out Refinance 7.85 Stated Income Documentation AA+ 675000 675000 0 311000 None 331057846 2315.08 7/1/2007 386000 385840.09 Cash Out Refinance 6.7 Full Documentation AA+ 575000 575000 0 385840.09 None 331057848 2407.36 6/1/2007 350000 349792.94 Cash Out Refinance 7.9 Stated Income Documentation AA+ 500000 500000 0 350000 None 331057857 1929.37 6/1/2007 240000 239868.63 Cash Out Refinance 8.99 Stated Income Documentation AA+ 300000 300000 0 240000 None 331057862 1997.5 6/1/2007 300000 300000 Cash Out Refinance 7.99 Stated Income Documentation AA+ 358000 358000 0 300000 6 mo int on 80% 331057873 1560.79 6/1/2007 235000 234999.79 Cash Out Refinance 7.97 Stated Income Documentation AA+ 495000 495000 0 234999.79 6 mo int on 80% 331057875 2898.94 7/1/2007 429250 429194.84 Cash Out Refinance 7.95 Full Documentation AA+ 505000 505000 0 429250 6 mo int on 80% 331057886 1572.43 6/1/2007 214500 214210.6 Cash Out Refinance 7.99 Full Documentation AA+ 330000 330000 0 214355.78 None 331057909 2123.62 7/1/2007 295000 294793.88 Cash Out Refinance 7.8 Stated Income Documentation AA+ 560000 560000 0 294793.88 6 mo int on 80% 331057915 2601.29 6/1/2007 280925 280816.92 Purchase 10.65 Stated Income Documentation AA+ 420000 420000 330500 280925 None 331057916 2130.64 6/1/2007 335000 334879.36 Rate/Term Refinance 7.2 Full Documentation AA 450000 450000 0 335000 None 331057922 1754.8 7/1/2007 244000 243829.17 Cash Out Refinance 7.79 Full Documentation AA+ 655000 655000 0 244000 6 mo int on 80% 331057943 2129.59 6/1/2007 325000 324725.62 Cash Out Refinance 6.85 Full Documentation AA+ 560000 560000 0 325000 6 mo int on 80% 331057951 1312.72 6/1/2007 189000 188945.71 Rate/Term Refinance 7.99 Full Documentation AA+ 210000 210000 0 189000 6 mo int on 80% 331057952 2910.9 7/1/2007 405000 404957.85 Cash Out Refinance 8.5 Full Documentation AA+ 450000 450000 0 405000 None 331057970 1214 6/1/2007 143100 143077.31 Cash Out Refinance 9.99 Stated Income Documentation AA+ 159000 159000 0 143100 6 mo int on 80% 331057995 2868.6 7/1/2007 496000 495776.73 Cash Out Refinance 6.4 Full Documentation AA+ 620000 620000 0 496000 6 mo int on 80% 331058007 2116.29 6/1/2007 356250 356182.15 Cash Out Refinance 6.9 Full Documentation AA+ 475000 475000 0 356250 6 mo int on 80% 331058027 2505.85 6/1/2007 417000 416923.18 Cash Out Refinance 6.99 Stated Income Documentation AA+ 525000 525000 0 417000 6 mo int on 80% 331058057 2355.97 6/1/2007 399980 399807.25 Cash Out Refinance 6.55 Full Documentation AA+ 650000 650000 0 399980 6 mo int on 80% 331058059 1407.38 6/1/2007 178000 177964.7 Cash Out Refinance 9.25 Stated Income Documentation AA+ 250000 250000 0 178000 None 331058080 2129.42 6/1/2007 330000 329713.08 Cash Out Refinance 6.7 Full Documentation A 535000 535000 0 330000 6 mo int on 80% 331058118 1997.08 7/1/2007 305000 304916.76 Cash Out Refinance 7.687 Stated Income Documentation AA+ 415000 415000 0 305000 6 mo int on 80% 331058204 4362.97 6/1/2007 510000 509759.53 Cash Out Refinance 9.7 Stated Income Documentation AA+ 600000 600000 0 510000 6 mo int on 80% 331058216 2906.36 6/1/2007 382500 382414.58 Cash Out Refinance 8.85 Stated Income Documentation AA+ 450000 450000 0 382500 None 331058225 3169.05 6/1/2007 492000 491926.45 Cash Out Refinance 7.55 Full Documentation AA+ 635000 575000 0 492000 None 331058395 3472.95 6/1/2007 448000 447905.72 Cash Out Refinance 9.05 Stated Income Documentation AA+ 560000 560000 0 448000 None 331058432 2260.06 7/1/2007 364000 363939.11 Cash Out Refinance 7.25 Full Documentation AA+ 440000 440000 0 364000 6 mo int on 80% 341042374 1522.41 7/1/2007 166500 166458.93 Rate/Term Refinance 10.825 Full Documentation AA+ 185000 185000 0 166479.56 1% of amt ppd if loan greater than $150K 341042545 1347.02 6/1/2007 131200 131124.12 Rate/Term Refinance 11.975 Full Documentation CC 175000 175000 0 131162.25 3% / 2% / 1% 341042588 1222.6 6/1/2007 145400 145328.48 Cash Out Refinance 9.5 Full Documentation AA+ 168000 168000 0 145400 6 mo int on 80% 341043203 949.35 6/1/2007 101700 101661.71 Cash Out Refinance 10.75 Full Documentation AA 130000 113000 0 101700 None 341043329 1080.1 6/1/2007 105400 105338.71 Cash Out Refinance 11.95 Full Documentation AA+ 124000 124000 0 105369.51 None 341043383 1437.77 6/1/2007 157500 157437.07 Cash Out Refinance 10.475 Full Documentation AA 175000 175000 0 157500 1% of amt ppd if loan greater than $150K 341043442 1345.31 6/1/2007 133785 133744.09 Purchase 11.7 Stated Income Documentation AA+ 150000 150000 148650 133785 None 341043572 1219.49 6/1/2007 124100 124018.53 Cash Out Refinance 11.4 Full Documentation AA+ 146000 137000 0 124059.46 None 341043868 880.02 6/1/2007 108400 108283.58 Rate/Term Refinance 9.1 Full Documentation AA+ 135500 135500 0 108342.01 None 341043870 1378.65 6/1/2007 161500 161346.27 Rate/Term Refinance 9.675 Full Documentation AA+ 190000 171000 0 161423.44 1% of UPB 341043907 847.69 6/1/2007 105825 105766.59 Cash Out Refinance 8.95 Stated Income Documentation AA+ 124500 112500 0 105825 6 mo int on 80% 341043938 2166.69 6/1/2007 292500 292114.08 Cash Out Refinance 8.1 Full Documentation AA+ 325000 325000 0 292307.69 1% of amt ppd if loan greater than $150K 341043976 2238.93 6/1/2007 301500 301472.07 Cash Out Refinance 8.8 Full Documentation AA+ 335000 319000 0 301500 1% of UPB 341044016 917.54 6/1/2007 100800 100759.42 Purchase 10.44 Full Documentation AA+ 122000 122000 112000 100800 None 341044050 1046.8 6/1/2007 105300 105266.71 Cash Out Refinance 11.55 Full Documentation CC 162000 162000 0 105300 None 341044066 3042.56 6/1/2007 385000 384559.94 Rate/Term Refinance 8.8 Stated Income Documentation AA+ 600000 500000 0 384780.77 1% of amt ppd if loan greater than $150K 341044083 1488.62 7/1/2007 157250 157135.5 Cash Out Refinance 10.925 Full Documentation AA 185000 185000 0 157193.01 3% / 2% / 1% 341044134 1541.03 6/1/2007 195000 194777.13 Cash Out Refinance 8.8 Full Documentation AA+ 260000 260000 0 194888.97 1% of UPB 341044165 1023.82 7/1/2007 125000 124934.51 Cash Out Refinance 9.2 Business Bank Statements AA+ 170000 170000 0 124934.51 None 341044181 1328.51 6/1/2007 190000 189858.99 Cash Out Refinance 7.5 Full Documentation AA+ 302000 302000 0 190000 None 341044188 734.35 6/1/2007 103000 102926.57 Cash Out Refinance 7.7 Full Documentation AA+ 138000 138000 0 103000 None 341044278 1384.57 6/1/2007 161500 161424.25 Cash Out Refinance 9.725 Full Documentation A 190000 175000 0 161500 1% of UPB 341044340 1723.87 6/1/2007 230000 229852.59 Cash Out Refinance 8.225 Full Documentation AA+ 308000 290000 0 230000 1% of UPB 341044492 893.33 6/1/2007 104200 104101.85 Cash Out Refinance 9.725 Stated Income Documentation AA+ 220000 220000 0 104151.12 None 341044497 836.81 6/1/2007 104000 103885.95 Cash Out Refinance 9 Full Documentation AA+ 130000 130000 0 103943.19 None 341044531 982 7/1/2007 134400 134386.8 Rate/Term Refinance 8.65 Full Documentation AA+ 168000 168000 0 134400 None 341044578 938.97 6/1/2007 95000 94969.47 Cash Out Refinance 11.475 Stated Income Documentation A 140000 140000 0 95000 None 341044652 1451.21 7/1/2007 170000 169919.42 Cash Out Refinance 9.675 Stated Income Documentation AA+ 200000 200000 0 169919.42 3% / 2% / 1% 341044677 1049.71 6/1/2007 112000 111958.29 Cash Out Refinance 10.8 Full Documentation AA+ 160000 160000 0 112000 None 341044706 2054.16 6/1/2007 263500 263345.24 Purchase 8.65 Full Documentation AA+ 310000 295000 310000 263500 None 341044720 2848.28 6/1/2007 399500 398928.53 Cash Out Refinance 7.7 Full Documentation AA+ 470000 440000 0 399215.18 None 341044743 2430.95 6/1/2007 296800 296644.52 Cash Out Refinance 9.2 Full Documentation AA 424000 424000 0 296800 1% of amt ppd if loan greater than $150K 341044749 931.21 7/1/2007 120000 119928.79 Cash Out Refinance 8.6 Full Documentation AA+ 250000 250000 0 120000 6 mo int on 80% 341044756 793.13 6/1/2007 80400 80374.02 Cash Out Refinance 11.45 Stated Income Documentation AA+ 120000 120000 0 80400 None 341044765 592.88 6/1/2007 62010 61966.06 Purchase 11.05 Full Documentation AA+ 72000 72000 68900 61988.13 None 341044767 1337.73 6/1/2007 154710 154638.96 Purchase 9.825 Full Documentation AA+ 172000 172000 171900 154710 1% of amt ppd if loan greater than $150K 341044790 1575.34 6/1/2007 190800 190733.65 Rate/Term Refinance 9.7 Full Documentation A 212000 212000 0 190766.96 1% of UPB 341044848 722.63 7/1/2007 85200 85081.6 Rate/Term Refinance 9.6 Full Documentation AA+ 142000 142000 0 85081.6 None 341044869 1207.98 7/1/2007 117000 116966.9 Purchase 12.05 Stated Income Documentation AA+ 132000 132000 130000 117000 3% / 2% / 1% 341044891 3166.89 7/1/2007 375000 374817.48 Cash Out Refinance 9.55 Stated Income Documentation AA+ 520000 520000 0 375000 1% of amt ppd if loan greater than $150K 341044906 1207.12 6/1/2007 149999 149988.75 Cash Out Refinance 9.575 Full Documentation AA+ 190000 190000 0 149999 None 341044925 1482.71 6/1/2007 176800 176770.88 Cash Out Refinance 9.866 Full Documentation A 208000 187500 0 176800 1% of UPB 341044926 1853.36 6/1/2007 249900 249876.74 Rate/Term Refinance 8.788 Full Documentation AA+ 294000 294000 0 249900 1% of amt ppd if loan greater than $150K 341044929 1913.77 7/1/2007 234000 233916.13 Cash Out Refinance 9.6 Full Documentation AA 260000 260000 0 233916.13 2 mo int or 60 days int on UPB 341044967 3117.98 6/1/2007 391000 390781.94 Rate/Term Refinance 8.9 Full Documentation A 460000 460000 0 391000 3% / 2% / 1% 341044979 1263.41 6/1/2007 160200 160188.15 Cash Out Refinance 9.375 Business Bank Statements AA+ 178000 178000 0 160200 1% of UPB 341045045 964.57 6/1/2007 91710 91685.46 Purchase 12.3 Stated Income Documentation AA+ 101900 101900 101900 91710 1% of UPB 341045051 964.57 6/1/2007 91710 91685.46 Purchase 12.3 Stated Income Documentation AA+ 101900 101900 101900 91710 1% of UPB 341045052 964.57 6/1/2007 91710 91685.46 Purchase 12.3 Stated Income Documentation AA+ 101900 101900 101900 91710 1% of UPB 341045063 696.84 6/1/2007 68000 67980.33 Cash Out Refinance 11.95 Full Documentation AA 80000 80000 0 68000 None 341045126 1266.01 6/1/2007 172800 172783.19 Cash Out Refinance 8.675 Full Documentation AA+ 192000 192000 0 172800 1% of amt ppd if loan greater than $150K 351044794 1100.98 7/1/2007 117000 116956.44 Purchase 10.85 Full Documentation AA+ 132000 132000 130000 117000 None 351045423 1388.45 6/1/2007 136000 135920.04 Cash Out Refinance 11.9 Stated Income Documentation AA+ 201000 160000 0 135960.22 6 mo int on 80% 351045522 1132.17 6/1/2007 107250 107221.61 Cash Out Refinance 12.35 Stated Income Documentation CC 165000 165000 0 107250 None 351045559 462.61 6/1/2007 51200 51178.99 Cash Out Refinance 10.35 Full Documentation AA+ 64000 64000 0 51200 None 351045562 1174.51 7/1/2007 128398 128170.01 Cash Out Refinance 10.5 Full Documentation AA+ 162000 162000 0 128170.01 None 351045580 1647.66 6/1/2007 192600 192417.65 Rate/Term Refinance 9.7 Full Documentation AA 214000 214000 0 192509.19 6 mo int on 80% 351045607 1889.69 6/1/2007 260000 259821.98 Cash Out Refinance 7.9 Full Documentation AA+ 420000 325000 0 260000 None 351045728 966.91 7/1/2007 104000 103960.42 Cash Out Refinance 10.7 Full Documentation AA+ 130000 130000 0 104000 None 351045828 1023.69 7/1/2007 100650 100620.23 Cash Out Refinance 11.85 Stated Income Documentation AA+ 167000 165000 0 100620.23 None 351045848 1471.23 7/1/2007 228000 227801.77 Rate/Term Refinance 6.7 Full Documentation AA+ 285000 285000 0 228000 None 351045869 998.53 6/1/2007 152000 151743.87 Cash Out Refinance 6.875 Full Documentation AA+ 190000 190000 0 151872.3 None 351045879 1643.28 7/1/2007 207000 206883.35 Rate/Term Refinance 8.85 Full Documentation AA+ 230000 230000 0 207000 6 mo int on 80% 351045970 1516.96 7/1/2007 240000 239564.9 Cash Out Refinance 6.5 Full Documentation AA+ 300000 300000 0 239564.9 None 351045981 1197.77 6/1/2007 168000 166952.31 Cash Out Refinance 7.7 No Documentation AA+ 210000 210000 0 167078 None 351045985 1044.04 6/1/2007 117975 117923.92 Rate/Term Refinance 10.1 Full Documentation AA+ 154000 154000 0 117975 6 mo int on 80% 351045987 963.57 6/1/2007 109800 109702.46 Rate/Term Refinance 10 Full Documentation AA+ 122000 122000 0 109751.43 6 mo int on 80% 351046009 1598.58 6/1/2007 203200 202965.32 Cash Out Refinance 8.75 Business Bank Statements AA+ 254000 254000 0 203083.09 None 351046048 974.82 6/1/2007 112500 112448.62 Rate/Term Refinance 9.85 Full Documentation AA+ 125000 125000 0 112500 6 mo int on 80% 351046065 862.33 6/1/2007 100800 100752.47 Purchase 9.7 Full Documentation AA+ 125000 112000 112000 100800 1% of amt prepaid 351046067 964.43 6/1/2007 98910 98876.97 Purchase 11.3 Full Documentation AA+ 120000 120000 109900 98910 None 351046082 2620.18 6/1/2007 339200 338996.62 Rate/Term Refinance 8.55 Full Documentation AA+ 424000 424000 0 339200 6 mo int on 80% 351046088 1794.61 6/1/2007 189000 188932.06 Rate/Term Refinance 10.963 Full Documentation AA+ 210000 210000 0 189000 6 mo int on 80% 351046098 1211.83 6/1/2007 117900 117866.19 Rate/Term Refinance 11.99 Full Documentation AA 131000 131000 0 117900 6 mo int on 80% 351046100 1733.01 6/1/2007 200000 199908.66 Cash Out Refinance 9.85 Full Documentation AA+ 250000 250000 0 200000 None 351046112 843.52 7/1/2007 90000 89966.48 Purchase 10.8 Full Documentation AA+ 100000 98000 100000 89966.48 6 mo int on 80% 371046856 989.53 7/1/2007 100000 99967.97 Cash Out Refinance 11.49 Full Documentation AA 115000 115000 0 99967.97 6 mo int on 80% 371048222 2619.32 6/1/2007 318750 318693.96 Rate/Term Refinance 9.65 Stated Income Documentation AA+ 375000 340000 0 318750 6 mo int on 80% 371048241 936.3 6/1/2007 99900 99862.8 Purchase 10.8 Full Documentation AA+ 112000 105000 111000 99900 6 mo int on 80% 371048248 2268.82 6/1/2007 370000 369871.14 Cash Out Refinance 7.15 Full Documentation AA+ 505000 505000 0 369935.76 6 mo int on 80% 371048353 1547.26 6/1/2007 148200 148118.47 Rate/Term Refinance 12.2 Full Documentation CC 228000 228000 0 148159.44 6 mo int on 80% 371048370 1648.25 6/1/2007 200000 199896.75 Cash Out Refinance 9.27 Stated Income Documentation AA 255000 255000 0 200000 6 mo int on 80% 371048415 1285.04 6/1/2007 144000 143938.96 Cash Out Refinance 10.2 Full Documentation AA 160000 160000 0 144000 6 mo int on 80% 371048653 1109.13 6/1/2007 128000 127941.54 Cash Out Refinance 9.85 Stated Income Documentation AA+ 160000 145000 0 128000 6 mo int on 80% 371048664 637.43 6/1/2007 62910 62872.18 Purchase 11.8 Full Documentation AA+ 70000 70000 69900 62891.18 2% / 1% 371048692 1994.31 6/1/2007 278375 277980.79 Cash Out Refinance 7.75 Stated Income Documentation AA+ 355000 327500 0 278178.53 2% of ppd amt 371048696 1264.45 6/1/2007 145000 144934.82 Cash Out Refinance 9.925 Stated Income Documentation AA 215000 215000 0 145000 6 mo int on 80% 371048721 912.11 6/1/2007 103500 103454.7 Cash Out Refinance 10.05 Full Documentation AA+ 115000 115000 0 103500 None 371048745 942.17 6/1/2007 126000 125836.99 Cash Out Refinance 8.2 Full Documentation AA+ 140000 140000 0 125918.72 6 mo int on 80% 371048751 1043.04 6/1/2007 108000 107692.71 Cash Out Refinance 8.175 Full Documentation AA+ 160000 160000 0 108000 6 mo int on 80% 371048810 2237.49 6/1/2007 320000 319762.51 Cash Out Refinance 7.5 Full Documentation AA 400000 380000 0 320000 6 mo int on 80% 371048817 1558.54 7/1/2007 269100 269100 Cash Out Refinance 6.95 Full Documentation AA+ 299000 299000 0 269100 6 mo int on 80% 371048826 1638.66 6/1/2007 264000 263899.14 Cash Out Refinance 6.99 Full Documentation AA+ 330000 330000 0 264000 6 mo int on 80% 371048829 1234.03 6/1/2007 180000 179860.97 Cash Out Refinance 7.3 Stated Income Documentation AA+ 300000 300000 0 180000 6 mo int on 80% 371048851 996.52 7/1/2007 161500 161444.79 Rate/Term Refinance 7.2 Full Documentation AA+ 246000 238000 0 161472.48 6 mo int on 80% 371048902 1010.24 6/1/2007 152000 151875.16 Cash Out Refinance 6.99 Full Documentation AA+ 220000 220000 0 152000 6 mo int on 80% 371048920 844.5 6/1/2007 100000 99951.33 Cash Out Refinance 9.55 Stated Income Documentation A 151000 151000 0 100000 2% / 1% 371048958 1654.07 6/1/2007 224000 223945.66 Cash Out Refinance 8.57 No Documentation AA+ 294000 294000 0 224000 2% of ppd amt 371048980 811.43 7/1/2007 123000 122982.94 Cash Out Refinance 7.75 Full Documentation AA+ 159000 159000 0 123000 6 mo int on 80% 371049030 2761.78 7/1/2007 352750 352605.33 Cash Out Refinance 9.15 Full Documentation A 415000 375000 0 352605.33 None 371049046 698.9 7/1/2007 110000 109901.52 Cash Out Refinance 6.55 Full Documentation AA+ 192000 192000 0 109901.52 6 mo int on 80% 371049049 776.01 6/1/2007 100000 99940.66 Purchase 8.6 Full Documentation AA+ 147000 147000 144000 100000 6 mo int on 80% 371049052 779.86 6/1/2007 90000 89917.44 Cash Out Refinance 9.85 Full Documentation AA+ 120000 120000 0 89958.89 6 mo int on 80% 371049090 1639.37 7/1/2007 190000 189912.3 Cash Out Refinance 9.8 Full Documentation C 280000 280000 0 189912.3 6 mo int on 80% 371049190 920.16 6/1/2007 126000 125828.61 Cash Out Refinance 7.95 Full Documentation B 210000 210000 0 125914.59 6 mo int on 80% 371049191 1601.04 6/1/2007 205000 204880.09 Cash Out Refinance 8.67 Full Documentation A 335000 335000 0 205000 None 371049192 1069.44 6/1/2007 150000 149893.06 Cash Out Refinance 7.7 Full Documentation AA+ 215000 195000 0 150000 6 mo int on 80% 371049209 2559.62 6/1/2007 382500 382378.82 Cash Out Refinance 7.65 Full Documentation AA 425000 425000 0 382500 6 mo int on 80% 371049258 1654.66 6/1/2007 209000 208762.11 Rate/Term Refinance 8.82 Stated Income Documentation AA+ 295000 270000 0 208881.49 6 mo int on 80% 371049259 2226.92 6/1/2007 301500 301471.52 Cash Out Refinance 8.75 Full Documentation AA+ 335000 335000 0 301500 6 mo int on 80% 371049271 2045.05 6/1/2007 262500 262390.73 Rate/Term Refinance 9.1 Full Documentation C 350000 350000 0 262445.57 6 mo int on 80% 371049298 1052.62 6/1/2007 132000 131926.38 Cash Out Refinance 8.9 Full Documentation AA 165000 165000 0 132000 6 mo int on 80% 371049342 1435.42 6/1/2007 210000 209836.83 Cash Out Refinance 7.27 Stated Income Documentation AA+ 380000 380000 0 210000 6 mo int on 80% 371049380 750.42 6/1/2007 105000 104925.52 Cash Out Refinance 7.725 Full Documentation AA+ 150000 150000 0 105000 6 mo int on 80% 371049383 1577.76 6/1/2007 157500 157451.3 Cash Out Refinance 11.65 Stated Income Documentation AA+ 175000 175000 0 157500 6 mo int on 80% 371049421 1225.42 7/1/2007 162400 162385.81 Cash Out Refinance 8.95 Full Documentation AA+ 232000 232000 0 162400 6 mo int on 80% 371049427 941.03 6/1/2007 144000 143951.53 Cash Out Refinance 7.438 Full Documentation AA+ 205000 205000 0 144000 6 mo int on 80% 371049435 1309.51 6/1/2007 140000 139947.57 Purchase 10.775 Full Documentation AA+ 180000 180000 175000 140000 None 371049449 747.17 6/1/2007 85500 85461.77 Cash Out Refinance 9.95 Full Documentation AA+ 95000 92500 0 85500 6 mo int on 80% 371049466 1952.74 6/1/2007 272000 271928.59 Cash Out Refinance 8.3 Full Documentation AA+ 340000 340000 0 272000 6 mo int on 80% 371049492 1167.48 6/1/2007 180000 179845.02 Cash Out Refinance 6.75 Business Bank Statements AA+ 260000 260000 0 180000 6 mo int on 80% 371049510 763.98 6/1/2007 116000 115903.02 Cash Out Refinance 6.9 Full Documentation AA+ 340000 340000 0 116000 6 mo int on 80% 371049524 903.39 6/1/2007 140000 139878.28 Cash Out Refinance 6.7 Full Documentation AA+ 260000 260000 0 140000 6 mo int on 80% 371049525 1050 6/1/2007 175000 175000 Cash Out Refinance 7.2 Full Documentation AA+ 250000 230000 0 175000 6 mo int on 80% 371049528 1132.55 8/1/2007 129600 129542.05 Cash Out Refinance 9.95 Stated Income Documentation AA+ 162000 162000 0 129600 None 371049609 2399.43 6/1/2007 270000 269884.32 Rate/Term Refinance 10.15 Full Documentation AA+ 300000 300000 0 270000 6 mo int on 80% 371049643 1352.57 6/1/2007 179200 179086.9 Cash Out Refinance 8.3 Full Documentation AA+ 224000 224000 0 179200 6 mo int on 80% 371049655 779.57 7/1/2007 100000 99920.83 Cash Out Refinance 8.65 Full Documentation AA+ 125000 125000 0 100000 6 mo int on 80% 371049670 1243.75 7/1/2007 189000 188937.12 Rate/Term Refinance 7.5 Full Documentation AA+ 210000 210000 0 189000 6 mo int on 80% 371049697 2730.13 6/1/2007 390600 390555.25 Cash Out Refinance 8.25 Stated Income Documentation AA+ 434000 434000 0 390600 6 mo int on 80% 371049733 1420.65 6/1/2007 213750 213574.44 Cash Out Refinance 6.99 Stated Income Documentation AA+ 285000 285000 0 213750 6 mo int on 80% 371049747 2265.71 7/1/2007 273000 272861.42 Cash Out Refinance 9.35 Stated Income Documentation AA+ 390000 370000 0 273000 6 mo int on 80% 371049759 807.36 7/1/2007 105000 104936.39 Cash Out Refinance 8.5 No Documentation AA+ 200000 200000 0 105000 6 mo int on 80% 371049766 1069.44 7/1/2007 150000 149893.06 Cash Out Refinance 7.7 Full Documentation AA+ 300000 300000 0 149893.06 6 mo int on 80% 371049798 2002.86 6/1/2007 225000 224904.02 Cash Out Refinance 10.17 Full Documentation B 250000 241000 0 225000 6 mo int on 80% 371049820 1347.42 6/1/2007 141600 141549.4 Cash Out Refinance 10.99 Stated Income Documentation AA+ 177000 165000 0 141600 6 mo int on 80% 371049850 2837.63 6/1/2007 364000 363786.2 Cash Out Refinance 8.65 Full Documentation C 560000 560000 0 364000 6 mo int on 80% 371049883 1143.24 6/1/2007 148000 147911.26 Cash Out Refinance 8.55 Full Documentation AA+ 185000 185000 0 148000 6 mo int on 80% 371049916 2577.32 6/1/2007 250750 250678.09 Cash Out Refinance 11.99 Stated Income Documentation AA+ 295000 295000 0 250750 6 mo int on 80% 371050058 2384.98 6/1/2007 272000 271879.42 Cash Out Refinance 9.99 Stated Income Documentation AA+ 320000 320000 0 272000 None 371050079 2351.75 7/1/2007 315000 314971.38 Rate/Term Refinance 8.85 Stated Income Documentation AA+ 350000 350000 0 315000 6 mo int on 80% 411004103 1290.19 6/1/2007 164000 163810.6 Cash Out Refinance 8.75 Full Documentation AA+ 220000 220000 0 163905.64 6 mo int on 80% 411004355 1724.34 6/1/2007 236000 235976.83 Cash Out Refinance 8.65 Full Documentation AA+ 295000 295000 0 236000 6 mo int on 80% 411004356 1136.42 6/1/2007 115200 115162.78 Cash Out Refinance 11.45 Full Documentation AA+ 128000 128000 0 115200 6 mo int on 80% 411004365 914.06 6/1/2007 111600 111482.63 Cash Out Refinance 9.2 Full Documentation AA+ 124000 124000 0 111541.54 6 mo int on 80% 411004368 911.7 7/1/2007 127875 127783.83 Rate/Term Refinance 7.7 Full Documentation AA+ 170500 170500 0 127875 6 mo int on 80% 411004372 1155.57 6/1/2007 138750 138680.15 Rate/Term Refinance 9.39 Full Documentation AA+ 185000 185000 0 138750 None 411004412 1095.99 6/1/2007 151650 151634.52 Rate/Term Refinance 8.55 Full Documentation AA+ 168500 168500 0 151650 6 mo int on 80% 411004465 2095.64 6/1/2007 265050 265011.01 Cash Out Refinance 9.4 Full Documentation AA+ 343000 343000 0 265030.58 None 411004520 691.75 6/1/2007 76560 76528.58 Cash Out Refinance 10.35 Stated Income Documentation AA+ 95700 95700 0 76560 None 411004524 1026.12 6/1/2007 150000 149955.13 Cash Out Refinance 7.85 Full Documentation AA+ 218000 200000 0 150000 6 mo int on 80% 411004550 1571.49 6/1/2007 204750 204705.6 Cash Out Refinance 8.95 Full Documentation AA+ 315000 315000 0 204750 6 mo int on 80% 411004571 868.78 6/1/2007 118400 118320.55 Rate/Term Refinance 8 Full Documentation AA+ 148000 148000 0 118400 None 411004589 1449.23 6/1/2007 182400 182364.37 Cash Out Refinance 9.3 Business Bank Statements AA+ 228000 228000 0 182400 6 mo int on 80% 411004593 1652.41 6/1/2007 255000 254962.59 Cash Out Refinance 7.6 Stated Income Documentation AA+ 406000 406000 0 255000 6 mo int on 80% 411004606 1033.55 7/1/2007 137700 137687.73 Cash Out Refinance 8.9 Full Documentation AA+ 162000 162000 0 137700 6 mo int on 80% 411004616 805.23 6/1/2007 81000 80974.4 Rate/Term Refinance 11.55 Full Documentation AA+ 91000 91000 0 81000 6 mo int on 80% 411004617 1081.91 6/1/2007 104400 104370.79 Cash Out Refinance 12.1 Full Documentation AA+ 116000 116000 0 104400 None 411004622 2344.18 7/1/2007 280000 279860.82 Cash Out Refinance 9.45 Full Documentation C 355000 355000 0 280000 6 mo int on 80% 411004627 1741.43 6/1/2007 210750 210641.88 Cash Out Refinance 9.3 Full Documentation A 281000 281000 0 210750 None 411004649 1512 7/1/2007 200000 199916.67 Cash Out Refinance 8.8 Full Documentation A 336000 336000 0 199916.67 None 411004661 1425.83 6/1/2007 178000 177901.75 Cash Out Refinance 8.95 Full Documentation AA+ 265000 265000 0 178000 6 mo int on 80% 411004673 517.33 7/1/2007 58400 58397.32 Rate/Term Refinance 10.575 Full Documentation AA+ 73000 73000 0 58400 2% / 1% 411004680 1949.51 6/1/2007 202300 202230.19 Cash Out Refinance 11.15 Stated Income Documentation AA+ 238000 238000 0 202300 2% of ppd amt 411004725 1133.17 6/1/2007 130000 129941.5 Cash Out Refinance 9.92 Full Documentation AA+ 310000 310000 0 130000 None 411004737 1201.31 7/1/2007 164500 164388.5 Rate/Term Refinance 7.95 Stated Income Documentation AA+ 290000 290000 0 164500 6 mo int on 80% 411004784 2490.99 6/1/2007 414000 413924.01 Cash Out Refinance 7 Full Documentation AA+ 658000 658000 0 414000 6 mo int on 80% 421003855 428.66 6/1/2007 50000 49976.55 Cash Out Refinance 9.725 Full Documentation AA+ 252000 252000 0 50000 None 421004041 874.47 7/1/2007 85000 84901.16 Cash Out Refinance 10.95 Full Documentation AA+ 101000 101000 0 85000 3% / 2% / 1% 421004117 837.21 7/1/2007 100000 99950.29 Cash Out Refinance 9.45 Full Documentation AA+ 133500 133500 0 99950.29 None 421004136 1306.47 7/1/2007 144000 143941.53 Cash Out Refinance 10.4 Full Documentation A 160000 160000 0 144000 6 mo int on 80% 421004144 868.82 7/1/2007 100000 99970.57 Cash Out Refinance 10.25 Full Documentation AA+ 355000 355000 0 99985.35 None 421004221 1836.43 6/1/2007 218400 218184.29 Cash Out Refinance 9.5 Full Documentation AA+ 273000 273000 0 218292.57 6 mo int on 80% 421004229 502.79 6/1/2007 50000 49984.71 Cash Out Refinance 11.7 Full Documentation AA+ 57000 57000 0 50000 None 421004232 1313.99 6/1/2007 151000 150931.76 Cash Out Refinance 9.9 Full Documentation AA+ 172000 172000 0 151000 None 421004235 1050.18 6/1/2007 108550 108512.95 Cash Out Refinance 11.2 Stated Income Documentation AA 167000 151000 0 108550 None 421004254 1606.62 6/1/2007 220000 219850.88 Rate/Term Refinance 7.95 Full Documentation AA 325000 325000 0 220000 6 mo int on 80% 421004275 814.02 7/1/2007 112000 111907.43 Cash Out Refinance 7.9 Full Documentation AA+ 160000 160000 0 112000 6 mo int on 80% 421004280 618.72 7/1/2007 62000 61980.61 Cash Out Refinance 11.6 Full Documentation AA+ 75000 75000 0 61980.61 None 421004283 914.07 6/1/2007 90900 90872.21 Cash Out Refinance 11.7 Full Documentation AA+ 101000 101000 0 90900 None 421004285 877.57 6/1/2007 100000 99955.76 Cash Out Refinance 10 Full Documentation A 140000 140000 0 100000 None 421004287 2117.26 6/1/2007 225000 224917.12 Cash Out Refinance 10.85 Full Documentation AA+ 250000 250000 0 225000 2% of UPB 511053591 828.76 6/1/2007 103000 102887.06 Rate/Term Refinance 9 Full Documentation AA+ 116000 116000 0 102943.74 None 511058693 2215.84 6/1/2007 300000 299902.94 Cash Out Refinance 8.75 Stated Income Documentation A 510000 510000 0 300000 6 mo int on 80% 511059491 976.78 7/1/2007 168750 168680.62 Rate/Term Refinance 6.7 Stated Income Documentation AA+ 225000 225000 0 168715.41 6 mo int on 80% 511060021 2530.56 6/1/2007 374000 373768.97 Cash Out Refinance 7.75 Full Documentation AA+ 440000 440000 0 373884.86 6 mo int on 80% 511060196 1948.71 7/1/2007 310000 309950.04 Cash Out Refinance 7.35 Business Bank Statements AA+ 600000 600000 0 310000 6 mo int on 80% 511060897 1318.09 7/1/2007 162000 161826.92 Cash Out Refinance 9.125 Full Documentation B 205000 205000 0 161913.79 2 mo int or 60 days int on UPB 511061036 1732.23 6/1/2007 229500 229209.29 Purchase 8.3 Full Documentation AA+ 270000 270000 270000 229355.15 6 mo int on 80% 511061056 1932.68 6/1/2007 375020 374810.57 Cash Out Refinance 5.85 Full Documentation AA+ 430000 430000 0 374915.54 6 mo int on 80% 511061092 2668.4 6/1/2007 310500 310467.44 Cash Out Refinance 10.25 Full Documentation AA+ 345000 345000 0 310483.79 6 mo int on 80% 511061140 1772.91 6/1/2007 261000 260933.96 Cash Out Refinance 8 Stated Income Documentation AA+ 290000 290000 0 260967.09 6 mo int on 80% 511061190 1113.02 6/1/2007 175000 174873.58 Cash Out Refinance 7.2 Full Documentation AA+ 334000 334000 0 174936.98 6 mo int on 80% 511061219 1644.18 6/1/2007 234000 233655.06 Cash Out Refinance 7.55 Full Documentation AA+ 365000 330000 0 233828.07 1% of amt ppd if loan greater than $150K 511061229 864.75 6/1/2007 88000 87898.58 Cash Out Refinance 11.4 Full Documentation C 115000 115000 0 87928.01 1% of amt prepaid 511061244 1769.04 6/1/2007 234000 233893.53 Cash Out Refinance 8.8 Full Documentation AA+ 278000 278000 0 233946.96 6 mo int on 80% 511061300 2673.92 6/1/2007 370500 370307.62 Rate/Term Refinance 8.35 Full Documentation AA 494000 494000 0 370404.14 6 mo int on 80% 511061305 972.98 7/1/2007 135000 134986.08 Cash Out Refinance 8.525 Full Documentation AA+ 150000 150000 0 135000 2% of UPB 511061319 1849.12 7/1/2007 275400 275363.93 Cash Out Refinance 7.9 Stated Income Documentation AA+ 306000 306000 0 275400 6 mo int on 80% 511061325 2614.31 6/1/2007 405875 405753.26 Cash Out Refinance 7.55 Stated Income Documentation AA+ 477500 477500 0 405814.32 6 mo int on 80% 511061326 3066.93 7/1/2007 375000 374865.6 Cash Out Refinance 9.6 Stated Income Documentation A 920000 920000 0 374933.07 None 511061328 2983.17 6/1/2007 373500 373447.21 Cash Out Refinance 9.5 Stated Income Documentation AA+ 415000 415000 0 373500 6 mo int on 80% 511061346 2044.79 6/1/2007 263500 263186.14 Cash Out Refinance 8.6 Stated Income Documentation A 310000 310000 0 263500 6 mo int on 80% 511061369 889.94 7/1/2007 114300 114291.12 Rate/Term Refinance 9.25 Full Documentation AA+ 127000 127000 0 114300 6 mo int on 80% 511061370 2557.31 6/1/2007 360000 359804.72 Cash Out Refinance 8.2 Stated Income Documentation AA+ 429000 429000 0 360000 6 mo int on 80% 511061381 2379.43 6/1/2007 270000 269762.65 Cash Out Refinance 10.05 Full Documentation AA+ 300000 300000 0 269881.82 6 mo int on 80% 511061389 1984.65 7/1/2007 246000 245983.35 Cash Out Refinance 9.6 Stated Income Documentation AA+ 315000 285000 0 245983.35 6 mo int on 80% 511061395 1211.49 6/1/2007 154800 154788.21 Cash Out Refinance 9.3 Full Documentation AA+ 172000 172000 0 154800 6 mo int on 80% 511061398 1963.25 6/1/2007 252000 251947.75 Cash Out Refinance 9.1 Stated Income Documentation A 355000 355000 0 252000 6 mo int on 80% 511061417 1495.06 6/1/2007 201450 201185.28 Cash Out Refinance 8.12 Business Bank Statements B 237000 237000 0 201318.09 6 mo int on 80% 511061418 2667.18 6/1/2007 337500 337307.82 Cash Out Refinance 8.8 Full Documentation AA+ 375000 375000 0 337500 6 mo int on 80% 511061447 1726.71 6/1/2007 225250 225212.74 Rate/Term Refinance 9.1 Full Documentation AA+ 265000 265000 0 225231.44 None 511061467 1949.08 6/1/2007 250020 249725.24 Cash Out Refinance 8.65 Business Bank Statements AA+ 472000 472000 0 249873.15 None 511061485 1328.69 7/1/2007 183690 183363.29 Cash Out Refinance 7.85 Full Documentation AA+ 204100 204100 0 183491.64 6 mo int on 80% 511061495 2070.1 6/1/2007 303000 302962.53 Cash Out Refinance 8.05 Stated Income Documentation AA+ 585000 585000 0 303000 6 mo int on 80% 511061518 2230.86 6/1/2007 339000 338887.89 Rate/Term Refinance 7.5 Full Documentation AA 415000 415000 0 339000 None 511061531 2378.17 6/1/2007 285300 285156.68 Rate/Term Refinance 9.4 Full Documentation AA+ 317000 317000 0 285300 6 mo int on 80% 511061598 2167.39 6/1/2007 270000 269962.57 Cash Out Refinance 9.55 Stated Income Documentation AA+ 380000 380000 0 269981.36 6 mo int on 80% 511061620 1529.12 6/1/2007 176000 175948.2 Cash Out Refinance 10.25 Stated Income Documentation A 220000 220000 0 175974.21 6 mo int on 80% 511061631 2190.07 6/1/2007 261000 260969.73 Cash Out Refinance 10 Stated Income Documentation AA 290000 290000 0 260984.93 6 mo int on 80% 511061648 1526.45 6/1/2007 225600 225460.65 Cash Out Refinance 7.75 Full Documentation AA+ 301000 301000 0 225600 6 mo int on 80% 511061686 2601.15 6/1/2007 349500 349043.53 Cash Out Refinance 8.15 Full Documentation C 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Rate/Term Refinance 8.75 Full Documentation AA+ 315000 315000 0 283500 6 mo int on 80% 511061771 1207.45 6/1/2007 150500 150471.47 Cash Out Refinance 9.4 Stated Income Documentation A 216000 216000 0 150500 6 mo int on 80% 511061778 1789.31 6/1/2007 263000 262920.19 Cash Out Refinance 7.8 Full Documentation AA+ 405000 405000 0 263000 6 mo int on 80% 511061783 1789.33 5/1/2007 256000 255941.14 Cash Out Refinance 8.25 Stated Income Documentation A 330000 330000 0 255970.67 6 mo int on 80% 511061796 1296.68 6/1/2007 187500 187390.66 Cash Out Refinance 7.95 Stated Income Documentation A 272000 272000 0 187445.51 6 mo int on 80% 511061806 2220.18 7/1/2007 283500 283169.2 Cash Out Refinance 8.7 Full Documentation AA+ 315000 300000 0 283335.2 3% / 2% / 1% 511061824 1663.93 6/1/2007 217000 216734.52 Rate/Term Refinance 8.47 Full Documentation C 310000 310000 0 217000 6 mo int on 80% 511061829 1350.39 6/1/2007 196000 195850.11 Cash Out Refinance 7.35 Full Documentation AA+ 286000 245000 0 196000 6 mo int on 80% 511061837 2707.81 6/1/2007 360000 359833.78 Cash Out Refinance 8.75 Stated Income Documentation AA+ 450000 450000 0 359917.19 6 mo int on 80% 511061848 1981.56 7/1/2007 240000 239916.54 Cash Out Refinance 9.7 Stated Income Documentation AA 382000 382000 0 239958.44 6 mo int on 80% 511061858 1218 7/1/2007 168000 168000 Cash Out Refinance 8.7 Stated Income Documentation AA+ 280000 280000 0 168000 None 511061889 2417.01 6/1/2007 349500 349296.18 Rate/Term Refinance 7.95 Full Documentation AA 400000 400000 0 349398.43 6 mo int on 80% 511061905 2057.08 6/1/2007 331992 331735.73 Cash Out Refinance 6.975 Full Documentation AA+ 580000 580000 0 331863.85 6 mo int on 80% 511061936 2270.93 6/1/2007 279000 278898.48 Cash Out Refinance 9.55 Full Documentation AA 310000 310000 0 278949.44 6 mo int on 80% 511061973 2153.08 6/1/2007 270000 269697.72 Cash Out Refinance 8.9 Business Bank Statements A 300000 300000 0 269849.42 6 mo int on 80% 511061987 2433.25 6/1/2007 315000 314811.13 Rate/Term Refinance 8.55 Full Documentation AA+ 450000 450000 0 315000 6 mo int on 80% 511061988 1274.17 7/1/2007 177000 176751.86 Cash Out Refinance 7.8 Full Documentation AA+ 295000 280000 0 176751.86 6 mo int on 80% 511061990 1650.19 6/1/2007 190800 190742.98 Cash Out Refinance 10.2 Stated Income Documentation AA+ 212000 212000 0 190771.61 6 mo int on 80% 511061995 924.47 8/1/2007 112500 112480.22 Cash Out Refinance 9.65 Full Documentation AA+ 125000 125000 0 112500 1% of amt prepaid 511061998 4214 6/1/2007 588000 588000 Purchase 8.6 Full Documentation AA+ 860000 860000 840000 588000 6 mo int on 80% 511062001 2656.82 6/1/2007 410000 409879.32 Cash Out Refinance 7.6 Full Documentation AA+ 835000 835000 0 409939.85 None 511062015 2126.74 6/1/2007 306000 305928.28 Cash Out Refinance 8.2 Stated Income Documentation AA+ 340000 340000 0 306000 6 mo int on 80% 511062026 2911.75 6/1/2007 351000 350879.77 Cash Out Refinance 9.75 Business Bank Statements AA+ 390000 390000 0 351000 1% of amt ppd if loan greater than $150K 511062049 2130.15 6/1/2007 274500 274173.03 Cash Out Refinance 8.6 Full Documentation AA+ 305000 305000 0 274337.1 1% of amt ppd if loan greater than $150K 511062059 2046.81 6/1/2007 368000 367831.27 Cash Out Refinance 6.4 Full Documentation AA+ 460000 460000 0 367915.86 6 mo int on 80% 511062068 1307.88 7/1/2007 174250 174234.47 Cash Out Refinance 8.9 Full Documentation AA+ 181000 181000 0 174250 6 mo int on 80% 511062073 2719.78 7/1/2007 340650 340518.39 Cash Out Refinance 9.35 Full Documentation AA+ 378500 378500 0 340584.45 6 mo int on 80% 511062074 2468.73 6/1/2007 401955 401639.12 Cash Out Refinance 6.9 Full Documentation AA+ 633000 633000 0 401955 6 mo int on 80% 511062085 865.14 6/1/2007 99000 98955.74 Cash Out Refinance 9.95 Full Documentation AA+ 110000 110000 0 99000 3% / 2% / 1% 511062088 2104.43 6/1/2007 319000 318911.27 Cash Out Refinance 7.75 Full Documentation AA+ 460000 460000 0 318955.78 6 mo int on 80% 511062121 1413.74 6/1/2007 219750 219595.67 Cash Out Refinance 7.3 Full Documentation AA+ 293000 293000 0 219673.07 6 mo int on 80% 511062124 1082.06 7/1/2007 165000 164953.23 Cash Out Refinance 7.7 Full Documentation AA+ 220000 220000 0 164976.69 6 mo int on 80% 511062137 1778.61 6/1/2007 260000 259922.22 Cash Out Refinance 7.85 Business Bank Statements AA 350000 350000 0 260000 3% / 2% / 1% 511062139 597.96 6/1/2007 62050 62028.59 Cash Out Refinance 11.15 Full Documentation AA+ 73000 70000 0 62050 6 mo int on 80% 511062167 1697.26 6/1/2007 270000 269956.49 Cash Out Refinance 7.35 Full Documentation AA+ 300000 300000 0 270000 6 mo int on 80% 511062186 1922.63 6/1/2007 277002 276793.32 Cash Out Refinance 7.425 Stated Income Documentation AA+ 428000 428000 0 277002 2% of ppd amt 511062196 2481.14 7/1/2007 415000 414694.62 Cash Out Refinance 6.95 Full Documentation AA+ 620000 575000 0 414773.53 6 mo int on 80% 511062208 2200.46 8/1/2007 216000 214861.78 Rate/Term Refinance 9.075 Full Documentation AA 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5/1/2007 300000 299939.7 Cash Out Refinance 8.6 Stated Income Documentation AA+ 375000 375000 0 300000 6 mo int on 80% 511062283 2819.53 6/1/2007 358400 358193.8 Cash Out Refinance 8.75 Full Documentation A 512000 475000 0 358400 6 mo int on 80% 511062316 2372.29 5/1/2007 326400 325951.55 Rate/Term Refinance 7.9 No Documentation AA+ 408000 408000 0 326400 6 mo int on 80% 511062347 1237.05 6/1/2007 148500 148481.31 Purchase 9.925 Stated Income Documentation AA+ 165000 165000 165000 148490.22 1% of UPB 511062349 1334.33 6/1/2007 145600 145594.27 Cash Out Refinance 10.95 Stated Income Documentation AA+ 182000 182000 0 145600 6 mo int on 80% 511062377 2458.41 6/1/2007 406000 405926.84 Rate/Term Refinance 7.05 Stated Income Documentation AA+ 515000 515000 0 406000 6 mo int on 80% 511062386 3302.61 6/1/2007 400000 399930.72 Cash Out Refinance 9.7 Stated Income Documentation B 500000 500000 0 400000 6 mo int on 80% 511062398 868.27 6/1/2007 126000 125969.6 Cash Out Refinance 8.125 Full Documentation AA+ 140000 140000 0 125984.85 1% of UPB 511062419 1529.88 6/1/2007 185000 184988.66 Cash Out Refinance 9.85 Stated Income Documentation AA+ 265000 265000 0 185000 6 mo int on 80% 511062427 1216.89 6/1/2007 166000 165776.04 Rate/Term Refinance 7.99 Full Documentation AA+ 233000 233000 0 165888.39 6 mo int on 80% 511062438 2555.31 7/1/2007 331500 331500 Cash Out Refinance 9.25 Stated Income Documentation AA+ 390000 390000 0 331500 6 mo int on 80% 511062440 2066.91 6/1/2007 311987 311987 Cash Out Refinance 7.95 Full Documentation AA 347000 347000 0 311987 6 mo int on 80% 511062452 2268.22 6/1/2007 365000 364860.95 Cash Out Refinance 7 Full Documentation AA+ 705000 705000 0 365000 6 mo int on 80% 511062479 1969.17 7/1/2007 340000 340000 Cash Out Refinance 6.95 Full Documentation AA+ 400000 400000 0 340000 6 mo int on 80% 511062490 1696.38 6/1/2007 288000 287875.62 Cash Out Refinance 6.55 Stated Income Documentation AA+ 360000 360000 0 288000 6 mo int on 80% 511062493 945.92 7/1/2007 128000 127830.25 Rate/Term Refinance 8.075 Full Documentation AA+ 160000 160000 0 127830.25 6 mo int on 80% 511062519 1777.28 6/1/2007 281000 280955.55 Cash Out Refinance 7.4 Business Bank Statements AA+ 475000 475000 0 281000 6 mo int on 80% 511062530 2176.62 6/1/2007 328000 327910.47 Cash Out Refinance 7.8 Stated Income Documentation AA+ 410000 410000 0 327955.38 6 mo int on 80% 511062536 2433.24 6/1/2007 412250 412089.58 Cash Out Refinance 6.85 Stated Income Documentation AA 485000 485000 0 412170.02 None 511062541 1585.17 6/1/2007 285000 284869.31 Cash Out Refinance 6.4 Full Documentation AA+ 411000 411000 0 284934.83 6 mo int on 80% 511062543 1769.22 6/1/2007 263500 263430.75 Cash Out Refinance 7.9 Stated Income Documentation AA+ 310000 310000 0 263465.49 6 mo int on 80% 511062564 2760.61 6/1/2007 408000 407747.97 Cash Out Refinance 7.75 Stated Income Documentation AA 510000 510000 0 407874.39 6 mo int on 80% 511062583 2232.8 6/1/2007 270000 269966.76 Rate/Term Refinance 9.85 Stated Income Documentation AA 300000 300000 0 269983.45 6 mo int on 80% 511062586 2439.5 6/1/2007 351000 350959 Cash Out Refinance 8.2 Business Bank Statements AA+ 445000 390000 0 351000 2% of ppd amt 511062589 1765.11 6/1/2007 222700 222656.18 Cash Out Refinance 9.275 Full Documentation AA 262000 262000 0 222700 1% of UPB 511062619 1773.24 6/1/2007 236250 236228.95 Cash Out Refinance 8.9 Stated Income Documentation AA+ 315000 315000 0 236250 6 mo int on 80% 511062635 2979.48 6/1/2007 392000 391511 Cash Out Refinance 8.375 Stated Income Documentation AA+ 560000 560000 0 391756.35 6 mo int on 80% 511062644 1891.2 6/1/2007 327000 326704.81 Cash Out Refinance 6.4 Full Documentation AA+ 425000 425000 0 326852.8 6 mo int on 80% 511062670 2460.05 7/1/2007 410008 409999.95 Cash Out Refinance 7.2 Stated Income Documentation AA+ 530000 530000 0 410000 6 mo int on 80% 511062679 2110.92 6/1/2007 330000 329690.74 Cash Out Refinance 7.25 Full Documentation A 520000 472000 0 329809.06 6 mo int on 80% 511062737 1436.93 7/1/2007 230000 229962.24 Cash Out Refinance 7.3 Full Documentation AA+ 330000 330000 0 229962.24 6 mo int on 80% 511062745 1243.06 6/1/2007 148500 148491.35 Rate/Term Refinance 9.975 Full Documentation AA+ 165000 165000 0 148500 2% / 1% 511062755 2418.75 6/1/2007 350000 349958.33 Cash Out Refinance 8.15 Full Documentation AA+ 580000 580000 0 350000 6 mo int on 80% 511062768 2142.18 7/1/2007 284800 284734.49 Cash Out Refinance 8.75 Full Documentation AA 356000 356000 0 284800 6 mo int on 80% 511062777 2591.4 6/1/2007 397500 396820.28 Cash Out Refinance 6.8 Full Documentation AA+ 530000 530000 0 397161.1 6 mo int on 80% 511062841 2102.63 6/1/2007 306000 305962.87 Cash Out Refinance 8.1 Stated Income Documentation AA+ 360000 360000 0 306000 6 mo int on 80% 511062876 1626.66 7/1/2007 304999 304999 Cash Out Refinance 6.4 Full Documentation AA+ 430000 430000 0 304999 6 mo int on 80% 511062898 2083.97 6/1/2007 259000 258858.53 Cash Out Refinance 9 Full Documentation AA+ 288000 288000 0 259000 2% of ppd amt 511062910 1722.13 7/1/2007 265000 264772.69 Cash Out Refinance 6.769 Full Documentation AA+ 312000 312000 0 265000 6 mo int on 80% 511062919 1915.42 6/1/2007 280000 279916.25 Cash Out Refinance 7.85 Full Documentation AA+ 400000 400000 0 280000 6 mo int on 80% 511062936 1617.64 6/1/2007 195000 194966.74 Cash Out Refinance 9.75 Full Documentation B 260000 260000 0 195000 6 mo int on 80% 511062938 2040.07 6/1/2007 271800 271775.78 Rate/Term Refinance 8.9 Full Documentation AA+ 302000 302000 0 271800 None 511062983 2581.4 6/1/2007 302600 302552.88 Cash Out Refinance 10.05 Stated Income Documentation AA+ 356000 356000 0 302600 6 mo int on 80% 511062999 1260.82 7/1/2007 183000 182860.06 Cash Out Refinance 7.35 Full Documentation AA+ 309000 309000 0 183000 2 mo int or 60 days int on UPB 511063022 2570.37 6/1/2007 348000 347967.13 Cash Out Refinance 8.75 Stated Income Documentation AA+ 435000 435000 0 348000 6 mo int on 80% 511063024 2508.66 6/1/2007 328500 328427.72 Cash Out Refinance 8.9 Full Documentation AA 365000 365000 0 328500 6 mo int on 80% 511063047 2631.57 7/1/2007 348750 348719.52 Cash Out Refinance 8.95 Full Documentation AA+ 465000 465000 0 348750 6 mo int on 80% 511063060 1585.92 7/1/2007 291009 290938.75 Cash Out Refinance 6.25 Full Documentation AA+ 374000 374000 0 290938.75 6 mo int on 80% 511063076 2142.44 7/1/2007 275000 274742.98 Cash Out Refinance 9.1 No Documentation AA+ 376000 376000 0 275000 None 511063088 1982.13 6/1/2007 353980 353900.51 Cash Out Refinance 6.45 Full Documentation AA+ 550000 550000 0 353980 6 mo int on 80% 511063103 1532.23 6/1/2007 306000 305908.52 Cash Out Refinance 5.65 Full Documentation AA+ 340000 340000 0 306000 6 mo int on 80% 511063107 1626.32 6/1/2007 260000 259760.35 Cash Out Refinance 6.4 Full Documentation AA+ 366000 350000 0 260000 6 mo int on 80% 511063121 1315.35 6/1/2007 161600 161570.72 Cash Out Refinance 9.55 Full Documentation A 202000 202000 0 161600 6 mo int on 80% 511063132 1396.45 7/1/2007 165000 164919.56 Cash Out Refinance 9.575 Full Documentation AA+ 366000 366000 0 164919.56 None 511063192 1824.56 6/1/2007 261000 260926.32 Rate/Term Refinance 8.05 Full Documentation AA+ 290000 290000 0 261000 6 mo int on 80% 511063196 2618.53 6/1/2007 395250 395250 Cash Out Refinance 7.95 Full Documentation AA+ 465000 465000 0 395250 6 mo int on 80% 511063247 978.78 7/1/2007 166600 166600 Cash Out Refinance 7.05 Full Documentation AA+ 227000 196000 0 166600 6 mo int on 80% 511063254 1075.78 7/1/2007 191250 191250 Cash Out Refinance 6.75 Full Documentation AA+ 225000 225000 0 191250 6 mo int on 80% 511063284 695.74 6/1/2007 66150 66132.3 Purchase 12.3 Business Bank Statements AA+ 73500 73500 73500 66150 None 511063289 2315.18 7/1/2007 307800 307729.2 Cash Out Refinance 8.75 Full Documentation A 342000 342000 0 307800 6 mo int on 80% 511063292 2701.92 6/1/2007 340000 339975.58 Cash Out Refinance 9.45 Full Documentation AA+ 400000 400000 0 340000 6 mo int on 80% 511063360 2061.56 6/1/2007 369986 369805.2 Cash Out Refinance 6.1 Full Documentation AA+ 600000 600000 0 369986 6 mo int on 80% 511063377 1327.04 6/1/2007 175000 174890.67 Cash Out Refinance 8.35 Full Documentation A 225000 225000 0 175000 6 mo int on 80% 521053052 1045.87 6/1/2007 110700 110659.66 Cash Out Refinance 10.9 Full Documentation AA+ 123000 123000 0 110700 1% of amt prepaid 521053537 1447.35 6/1/2007 181500 181296.8 Rate/Term Refinance 8.9 Full Documentation AA+ 242000 242000 0 181398.78 None 521054061 888.68 7/1/2007 100000 99956.52 Cash Out Refinance 10.15 Full Documentation B 139900 139900 0 100000 None 521056472 992.24 6/1/2007 169998.1 169772.01 Cash Out Refinance 6.475 Full Documentation AA+ 283000 265000 0 169847.78 None 521056534 1838.71 6/1/2007 227500 227253.11 Cash Out Refinance 9.05 Full Documentation AA+ 305000 305000 0 227377.02 None 521056665 1426.57 7/1/2007 188700 188657.23 Cash Out Refinance 8.8 Full Documentation AA+ 222000 222000 0 188657.23 1% of amt prepaid 521056917 1444.63 6/1/2007 161500 161478.59 Cash Out Refinance 10.575 Full Documentation AA+ 190000 182000 0 161500 None 521056946 903.69 6/1/2007 92500 92438.27 Cash Out Refinance 11.325 Full Documentation AA+ 105000 105000 0 92469.28 2% / 1% 521057166 672.68 6/1/2007 80000 79960.65 Cash Out Refinance 9.5 Full Documentation AA+ 100000 100000 0 80000 1% of amt prepaid 521057276 1162.34 6/1/2007 135000 134937.35 Purchase 9.775 Full Documentation AA+ 150000 143000 150000 135000 None 521057382 987.04 6/1/2007 132000 131914.96 Cash Out Refinance 8.2 Stated Income Documentation AA+ 275000 275000 0 132000 1% of amt prepaid 521057385 715.65 6/1/2007 77600 77569.82 Cash Out Refinance 10.6 Full Documentation AA 97000 97000 0 77600 None 521057412 833.5 6/1/2007 108500 108367.81 Rate/Term Refinance 8.49 Full Documentation AA+ 190000 190000 0 108434.14 1% of amt prepaid 521057549 1221.64 6/1/2007 144000 143977.16 Rate/Term Refinance 9.99 Stated Income Documentation A 180000 180000 0 144000 None 521057579 1085.71 7/1/2007 135000 134974.6 Cash Out Refinance 9.425 Full Documentation AA+ 150000 150000 0 135000 3% / 2% / 1% 521057586 539.01 6/1/2007 52500 52484.9 Cash Out Refinance 11.975 Stated Income Documentation AA+ 70000 70000 0 52500 1% of amt prepaid 521057617 1203.04 6/1/2007 162000 161961.34 Rate/Term Refinance 8.625 Full Documentation AA+ 180000 180000 0 162000 None 521057618 1359.23 6/1/2007 162000 161919.9 Cash Out Refinance 9.475 Full Documentation AA+ 180000 180000 0 162000 None 521057640 1062.55 6/1/2007 114750 114705.86 Cash Out Refinance 10.65 Full Documentation AA+ 153000 135000 0 114750 1% of amt prepaid 521057648 2157.68 6/1/2007 307000 306914.57 Cash Out Refinance 8.1 Full Documentation AA+ 390000 355000 0 307000 6 mo int on 80% 521057714 554.17 7/1/2007 54900 54883.39 Purchase 11.75 Full Documentation AA+ 63000 63000 61000 54883.39 1% of amt prepaid 521057779 1399.83 6/1/2007 168300 168215.01 Rate/Term Refinance 9.375 Full Documentation AA+ 187000 187000 0 168300 None 521057806 884.09 7/1/2007 100320 99613.03 Cash Out Refinance 10.05 Full Documentation B 152000 152000 0 99967.99 1% of amt prepaid 521057811 1454.8 7/1/2007 180000 179702.7 Cash Out Refinance 9.05 Business Bank Statements AA+ 200000 200000 0 180000 1% of amt prepaid 521057819 1180.05 6/1/2007 150000 149913.7 Cash Out Refinance 8.75 Stated Income Documentation AA 228000 228000 0 150000 6 mo int on 80% 521057821 2312.26 6/1/2007 278000 277859.62 Cash Out Refinance 9.375 Full Documentation AA+ 354000 354000 0 278000 6 mo int on 80% 521057825 1101.9 6/1/2007 108750 108684.63 Cash Out Refinance 11.8 Full Documentation C 145000 145000 0 108717.47 1% of amt prepaid 521057827 943.79 6/1/2007 108000 107903.02 Cash Out Refinance 9.95 Full Documentation AA+ 120000 120000 0 107951.71 1% of amt prepaid 521057838 1070.24 7/1/2007 117000 116953.51 Cash Out Refinance 10.5 Full Documentation AA+ 155000 130000 0 117000 1% of amt prepaid 521057846 2185.11 6/1/2007 261000 260870.27 Cash Out Refinance 9.45 Stated Income Documentation AA+ 290000 290000 0 261000 None 521057852 1461.57 6/1/2007 205000 204706.76 Cash Out Refinance 7.7 Full Documentation AA 270000 270000 0 204853.85 6 mo int on 80% 521057868 2392.96 6/1/2007 261600 261391.17 Rate/Term Refinance 10.5 Full Documentation B 327000 327000 0 261496.04 None 521057870 981.33 6/1/2007 96850 96791.77 Cash Out Refinance 11.8 Full Documentation CC 149000 149000 0 96821.03 1% of amt prepaid 521057871 1058.21 6/1/2007 147000 146897.29 Cash Out Refinance 7.8 Full Documentation B 210000 210000 0 147000 6 mo int on 80% 521057895 2446.12 6/1/2007 283500 283237.19 Cash Out Refinance 9.8 Full Documentation AA+ 316000 316000 0 283369.13 None 521057899 698.48 7/1/2007 67150 67131.41 Purchase 12.15 Stated Income Documentation AA+ 110000 79900 79000 67150 1% of amt prepaid 521057906 2175 6/1/2007 279000 278836.13 Cash Out Refinance 8.65 Full Documentation AA+ 345000 310000 0 279000 1% of amt prepaid 521057948 1654.14 6/1/2007 225900 225854.95 Cash Out Refinance 8.67 Full Documentation A 251000 251000 0 225877.13 None 521057949 1809.41 6/1/2007 231200 231164.64 Rate/Term Refinance 9.3 Full Documentation AA 272000 250000 0 231182.39 1% of amt prepaid 521057958 1738.15 7/1/2007 198900 198724.17 Cash Out Refinance 9.95 Stated Income Documentation AA+ 221000 221000 0 198900 2 mo int on 80% 521057976 784.29 6/1/2007 80750 80722.74 Cash Out Refinance 11.25 Full Documentation AA+ 100000 90000 0 80750 PIF - 1% of OPB ; Partial - 1% of amt ppd 521057985 617.77 8/1/2007 75000 74809.7 Cash Out Refinance 9.675 No Documentation AA+ 270000 270000 0 74986.69 None 521057995 1503.38 6/1/2007 184500 184488 Cash Out Refinance 9.7 Full Documentation AA+ 205000 205000 0 184500 2% of ppd amt 521058026 1070 6/1/2007 135000 134946.67 Cash Out Refinance 9.275 Full Documentation AA+ 150000 150000 0 134973.44 None 521058032 1071.98 7/1/2007 113013 112972.26 Cash Out Refinance 10.95 Stated Income Documentation AA+ 830000 830000 0 113013 6 mo int on 80% 521058088 1403.24 6/1/2007 141700 141609 Cash Out Refinance 11.5 Full Documentation CC 218000 218000 0 141654.72 1% of amt prepaid 521058091 639.07 7/1/2007 76003 75927.94 Rate/Term Refinance 9.5 Full Documentation AA+ 96000 90000 0 75927.94 1% of amt prepaid 521058099 1422.49 6/1/2007 180000 179897.51 Cash Out Refinance 8.8 Business Bank Statements AA+ 200000 200000 0 180000 6 mo int on 80% 521058101 1330.72 6/1/2007 166500 166407.62 Cash Out Refinance 8.925 Business Bank Statements AA+ 185000 185000 0 166500 6 mo int on 80% 521058102 1366.69 6/1/2007 171000 170905.12 Cash Out Refinance 8.925 Business Bank Statements AA+ 190000 190000 0 171000 6 mo int on 80% 521058103 1497.49 6/1/2007 171000 170923.95 Cash Out Refinance 9.975 Business Bank Statements AA 190000 190000 0 171000 6 mo int on 80% 521058148 918.04 6/1/2007 89250 89224.46 Purchase 12 Stated Income Documentation AA+ 109000 109000 105000 89250 1% of amt prepaid 521058152 947.53 6/1/2007 101915 101876.21 Purchase 10.7 Full Documentation AA+ 120000 120000 119900 101915 2% / 1% 521058177 1097.02 7/1/2007 125800 125686.43 Cash Out Refinance 9.925 Full Documentation AA+ 148000 148000 0 125743.45 6 mo int on 80% 521058209 1175.55 6/1/2007 139200 139132.25 Rate/Term Refinance 9.55 Full Documentation C 232000 232000 0 139200 2% of ppd amt 521058283 902.22 6/1/2007 108000 107946.03 Rate/Term Refinance 9.425 Full Documentation AA+ 140000 120000 0 108000 None 521058292 1681.71 6/1/2007 200000 199802.46 Cash Out Refinance 9.5 Full Documentation AA 330000 330000 0 199901.62 None 521058296 633.79 6/1/2007 64000 63979.54 Cash Out Refinance 11.5 Full Documentation AA+ 80000 80000 0 64000 2% of UPB 521058324 732.07 6/1/2007 72250 72228.39 Rate/Term Refinance 11.8 Business Bank Statements AA+ 85000 77000 0 72250 1% of amt prepaid 521058331 569.62 6/1/2007 51765 51712.6 Cash Out Refinance 11.99 Full Documentation AA+ 60900 60900 0 51765 1% of amt prepaid 521058340 968.66 6/1/2007 115200 115143.34 Cash Out Refinance 9.5 Full Documentation AA+ 128000 128000 0 115200 None 521058353 889.56 6/1/2007 88800 88772.54 Cash Out Refinance 11.65 Stated Income Documentation AA+ 111000 111000 0 88800 2% of UPB 521058366 1075.03 7/1/2007 105300 105260.27 Cash Out Refinance 11.9 Full Documentation AA+ 117000 117000 0 105300 2% / 1% 521058384 1147.89 6/1/2007 153000 152928.84 Purchase 8.725 Full Documentation AA+ 180000 180000 180000 152964.55 None 521058392 580.43 6/1/2007 56640 56623.61 Cash Out Refinance 11.95 Stated Income Documentation AA+ 70800 70800 0 56640 1% of amt prepaid 521058395 975.4 6/1/2007 115500 115387.13 Cash Out Refinance 9.55 Full Documentation A 165000 150000 0 115443.79 1% of amt prepaid 521058398 1151.28 6/1/2007 119000 118959.39 Cash Out Refinance 11.2 Full Documentation AA+ 166200 140000 0 119000 2% / 1% 521058399 877.57 6/1/2007 100000 99955.76 Cash Out Refinance 10 Full Documentation AA+ 125000 125000 0 100000 None 521058404 748.08 6/1/2007 88200 88157.52 Cash Out Refinance 9.6 Full Documentation A 98000 98000 0 88200 None 521058435 1265.98 7/1/2007 158400 158312.12 Cash Out Refinance 8.925 Stated Income Documentation AA+ 198000 198000 0 158400 None 521058446 993.62 6/1/2007 149500 149377.22 Cash Out Refinance 6.99 Full Documentation AA+ 230000 230000 0 149500 None 521058450 2035.04 6/1/2007 227000 226970.13 Cash Out Refinance 10.6 Stated Income Documentation AA+ 255000 245000 0 227000 None 521058486 1137.02 7/1/2007 165000 164411.95 Rate/Term Refinance 8.125 Business Bank Statements AA 350000 350000 0 164411.95 6 mo int on 80% 521058498 1908.36 6/1/2007 225000 224891.64 Cash Out Refinance 9.6 Full Documentation AA+ 250000 240000 0 225000 None 521058503 1646.66 6/1/2007 176400 176333.59 Rate/Term Refinance 10.75 Business Bank Statements AA+ 196000 196000 0 176400 1% of amt prepaid 521058527 2533.51 6/1/2007 300000 299853.99 Cash Out Refinance 9.55 Stated Income Documentation AA+ 445000 445000 0 300000 None 521058552 3522.23 6/1/2007 365500 365373.87 Cash Out Refinance 11.15 Stated Income Documentation AA+ 430000 417000 0 365500 None 521058565 621.79 6/1/2007 60000 59983.21 Cash Out Refinance 12.1 Stated Income Documentation AA+ 75000 70000 0 60000 2% / 1% 521058605 1378.81 6/1/2007 166500 166415.03 Cash Out Refinance 9.325 Business Bank Statements AA+ 185000 185000 0 166500 6 mo int on 80% 521058615 2604.72 6/1/2007 284750 284636.84 Cash Out Refinance 10.5 Stated Income Documentation AA+ 335000 335000 0 284750 None 521058618 1458.08 6/1/2007 166500 166425.95 Cash Out Refinance 9.975 Full Documentation AA+ 195000 185000 0 166500 None 521058663 1313.66 6/1/2007 162900 162811.48 Cash Out Refinance 9.025 Full Documentation AA 181000 181000 0 162900 None 521058665 1646.4 6/1/2007 249985 249776.01 Cash Out Refinance 6.9 Full Documentation AA+ 390000 390000 0 249985 None 521058673 1288.04 7/1/2007 149600 149530.58 Rate/Term Refinance 9.775 Full Documentation AA+ 176000 176000 0 149600 1% of amt prepaid 521058675 748.26 6/1/2007 79200 79171.14 Cash Out Refinance 10.9 Full Documentation A 125000 99000 0 79200 1% of amt prepaid 521058720 911.13 6/1/2007 87920 87895.4 Purchase 12.1 Stated Income Documentation AA+ 110000 110000 109900 87920 2% of UPB 521058721 756.55 6/1/2007 100000 99937.2 Cash Out Refinance 8.325 Full Documentation AA+ 162000 130000 0 100000 None 521058734 2413.87 7/1/2007 300000 299836.13 Cash Out Refinance 9 Full Documentation C 440000 440000 0 299836.13 None 521058750 2509.07 6/1/2007 346875 346635.07 Cash Out Refinance 7.85 Stated Income Documentation AA+ 675000 540000 0 346875 None 521058753 1024.11 6/1/2007 136000 135913.72 Cash Out Refinance 8.275 Full Documentation AA+ 170000 170000 0 136000 2% of UPB 521058761 1607.94 7/1/2007 184000 183917.73 Cash Out Refinance 9.95 Stated Income Documentation AA+ 235000 235000 0 184000 1% of amt prepaid 521058788 1208.2 6/1/2007 117900 117865.89 Cash Out Refinance 11.95 Stated Income Documentation AA+ 131000 127000 0 117900 2% of UPB 521058834 1327.13 6/1/2007 154800 154727.4 Cash Out Refinance 9.725 Full Documentation AA+ 172000 172000 0 154800 1% of amt prepaid 521058836 840.4 6/1/2007 92250 92212.94 Purchase 10.45 Full Documentation AA+ 105000 105000 102500 92250 2% / 1% 521058841 1171.33 6/1/2007 160012.5 159904.59 Cash Out Refinance 7.975 Full Documentation AA+ 255000 255000 0 160012.5 None 521058853 808.91 6/1/2007 80750 80725.04 Cash Out Refinance 11.65 Full Documentation AA+ 95000 95000 0 80750 PIF - 1% of OPB ; Partial - 1% of amt ppd 521058857 1590.11 6/1/2007 170000 169936.35 Cash Out Refinance 10.775 Full Documentation A 200000 200000 0 170000 1% of amt prepaid 521058885 966.83 7/1/2007 139200 139140.01 Cash Out Refinance 7.99 Full Documentation AA+ 175000 175000 0 139200 None 521058984 2054.62 6/1/2007 231200 231100.95 Cash Out Refinance 10.15 Full Documentation AA+ 272000 272000 0 231200 None 521058986 845.05 6/1/2007 102350 102332.28 Purchase 9.7 Full Documentation AA+ 115000 110000 115000 102350 PIF - 1% of OPB ; Partial - 1% of amt ppd 521059105 1319.92 6/1/2007 144000 143943.08 Cash Out Refinance 10.525 Stated Income Documentation AA+ 160000 155000 0 144000 None 521059112 1202.82 7/1/2007 140000 139934.68 Cash Out Refinance 9.75 Full Documentation AA+ 175000 175000 0 139934.68 2% of UPB 521059236 2606.39 6/1/2007 297000 296868.61 Cash Out Refinance 10 Full Documentation AA+ 330000 330000 0 297000 None 521059349 1307.53 6/1/2007 187000 186861.22 Cash Out Refinance 7.5 Full Documentation AA+ 270000 270000 0 187000 None 551029704 1498.54 7/1/2007 205200 204917.97 Rate/Term Refinance 7.95 Full Documentation AA 228000 228000 0 205059.45 6 mo int on 80% 551029919 1262.18 7/1/2007 134400 134350.22 Rate/Term Refinance 10.825 Full Documentation AA+ 168000 168000 0 134400 6 mo int on 80% 551030008 1705.43 6/1/2007 209700 209475.73 Rate/Term Refinance 9.12 Full Documentation AA+ 233000 233000 0 209588.29 6 mo int on 80% 551030015 3196.09 6/1/2007 373600 373242.32 Cash Out Refinance 9.7 Full Documentation AA 467000 467000 0 373419.93 None 551030245 1334.64 6/1/2007 187650 187380.22 Purchase 7.675 Full Documentation AA+ 211000 200000 208500 187515.54 6 mo int on 80% 551030684 918.75 6/1/2007 88000 87951.59 Cash Out Refinance 12.2 Full Documentation A 110000 110000 0 87975.92 None 551030883 2769.52 6/1/2007 400000 399392.43 Rate/Term Refinance 7.4 Full Documentation AA+ 500000 500000 0 399697.15 None 551030955 783.97 6/1/2007 75650 75628.83 Cash Out Refinance 12.1 Full Documentation AA+ 89000 81000 0 75650 6 mo int on 80% 551030985 1755.16 6/1/2007 272000 271525.7 Cash Out Refinance 6.7 Business Bank Statements AA+ 340000 340000 0 271763.51 None 551031039 1120.27 6/1/2007 140800 140641.54 Cash Out Refinance 8.875 Stated Income Documentation AA+ 176000 176000 0 140721.06 None 551031061 1660.17 6/1/2007 178814 177732.9 Cash Out Refinance 7.525 Stated Income Documentation AA+ 290000 290000 0 178275.14 None 551031098 1411.5 6/1/2007 174880 174248.31 Cash Out Refinance 7.525 Full Documentation AA+ 218600 218600 0 174565.14 None 551031103 923.84 6/1/2007 106165 106117.02 Purchase 9.9 Full Documentation AA+ 128000 128000 124900 106165 6 mo int on 80% 551031171 746.11 6/1/2007 81900 81833.91 Cash Out Refinance 10.45 Full Documentation AA+ 91000 91000 0 81867.1 6 mo int on 80% 551031181 970.76 6/1/2007 118000 117877.17 Purchase 9.25 Full Documentation AA+ 154000 154000 147500 117938.82 6 mo int on 80% 551031182 1756.87 6/1/2007 270000 269908.13 Cash Out Refinance 7.4 Full Documentation AA 300000 300000 0 270000 6 mo int on 80% 551031204 976.75 6/1/2007 109000 108908.18 Cash Out Refinance 10.25 Full Documentation AA+ 132000 132000 0 108954.29 6 mo int on 80% 551031228 655.91 6/1/2007 86000 85893.53 Cash Out Refinance 8.412 Full Documentation AA+ 110000 110000 0 85946.95 None 551031241 997 6/1/2007 130400 130378.22 Rate/Term Refinance 9.075 Full Documentation AA+ 150000 150000 0 130389.15 6 mo int on 80% 551031263 1924.77 7/1/2007 300600 300068.12 Rate/Term Refinance 6.625 Full Documentation AA+ 334000 334000 0 300334.79 2% of ppd amt 551031300 1128.71 6/1/2007 136000 135861.38 Rate/Term Refinance 9.35 Full Documentation AA+ 158000 158000 0 135930.96 6 mo int on 80% 551031304 1270.77 6/1/2007 191200 190885.02 Cash Out Refinance 6.99 Full Documentation AA+ 239000 239000 0 191042.97 None 551031306 1925.01 7/1/2007 252680 252366.41 Cash Out Refinance 8.4 Full Documentation AA+ 315850 315850 0 252523.75 6 mo int on 80% 551031307 1511.84 6/1/2007 202500 202463.06 Rate/Term Refinance 8.85 Full Documentation AA+ 225000 225000 0 202481.6 6 mo int on 80% 551031312 1492.44 6/1/2007 188000 187894.06 Cash Out Refinance 8.85 Full Documentation AA+ 235000 235000 0 188000 None 551031320 889.06 6/1/2007 112500 112371.41 Rate/Term Refinance 8.8 Full Documentation AA+ 125000 125000 0 112435.94 6 mo int on 80% 551031331 1225.39 7/1/2007 159000 158904.17 Rate/Term Refinance 8.525 Full Documentation AA+ 205000 205000 0 159000 6 mo int on 80% 551031348 1057.28 6/1/2007 121500 121445.1 Cash Out Refinance 9.9 Business Bank Statements A 135000 135000 0 121500 None 551031349 1141.43 6/1/2007 172000 171707.2 Cash Out Refinance 6.975 Full Documentation AA+ 215000 215000 0 171849.75 None 551031360 1442.4 6/1/2007 214200 214172.21 Rate/Term Refinance 7.925 Full Documentation AA 238000 238000 0 214200 6 mo int on 80% 551031364 1434.48 6/1/2007 147200 146786.72 Cash Out Refinance 8.325 Full Documentation A 184000 184000 0 147200 6 mo int on 80% 551031365 1436.87 6/1/2007 172000 171826.56 Cash Out Refinance 9.425 Full Documentation AA+ 215000 215000 0 171913.2 None 551031377 1170.07 7/1/2007 120000 119959.93 Cash Out Refinance 11.3 Full Documentation AA+ 150000 150000 0 120000 None 551031380 801.03 7/1/2007 100000 99889.19 Cash Out Refinance 8.95 Full Documentation AA+ 175000 175000 0 99944.8 None 551031381 567.42 6/1/2007 56000 55966.33 Cash Out Refinance 11.8 Stated Income Documentation AA+ 80000 80000 0 55983.25 None 551031384 1009.77 6/1/2007 107200 106602.02 Cash Out Refinance 9.65 Full Documentation B 134000 134000 0 106753.32 None 551031389 730.98 7/1/2007 97300 97175.49 Rate/Term Refinance 8.25 Full Documentation AA+ 129000 129000 0 97237.96 6 mo int on 80% 551031400 1883.39 6/1/2007 195300 195042.48 Rate/Term Refinance 9.99 Full Documentation A 217000 217000 0 195300 6 mo int on 80% 551032297 933.98 6/1/2007 144000 143751.33 Rate/Term Refinance 6.75 Full Documentation AA+ 195000 195000 0 143876.02 6 mo int on 80% 551032322 2852.04 6/1/2007 288000 287907.96 Purchase 11.5 Stated Income Documentation AA+ 350000 350000 320000 288000 None 551032328 670.44 7/1/2007 70400 70365.33 Cash Out Refinance 11 Full Documentation AA 88000 88000 0 70365.33 None 551032335 1663.69 6/1/2007 192000 191823.9 Cash Out Refinance 9.85 Full Documentation A 240000 240000 0 191912.31 None 551032338 2773.71 6/1/2007 280000 279232.96 Cash Out Refinance 8.6 Business Bank Statements AA+ 350000 350000 0 280000 None 551032418 1569.22 6/1/2007 171900 171761.26 Purchase 10.475 Stated Income Documentation AA+ 211400 211400 191000 171830.54 6 mo int on 80% 551032440 691.99 6/1/2007 80200 80125.65 Rate/Term Refinance 9.8 Full Documentation AA+ 98000 98000 0 80162.98 6 mo int on 80% 551032447 595.28 7/1/2007 57915 57881.61 Purchase 11.99 Full Documentation AA+ 74000 74000 64350 57898.39 6 mo int on 80% 551032517 1069.66 6/1/2007 112410 112329.29 Purchase 10.99 Stated Income Documentation AA+ 125000 125000 124900 112369.83 6 mo int on 80% 551032530 1957.71 6/1/2007 222300 222237.51 Rate/Term Refinance 10.4 Full Documentation A 247000 247000 0 222268.89 6 mo int on 80% 551032539 884.97 6/1/2007 100000 99913.03 Cash Out Refinance 10.1 Stated Income Documentation AA+ 125000 125000 0 99956.7 None 551032552 845.49 7/1/2007 103000 102892.23 Rate/Term Refinance 9.225 Full Documentation AA+ 170000 170000 0 102946.32 None 551032563 755.88 6/1/2007 104000 103857.11 Cash Out Refinance 7.9 Full Documentation AA+ 200000 200000 0 103928.79 2% of ppd amt 551032567 962.25 6/1/2007 124000 123926.42 Cash Out Refinance 8.6 Full Documentation AA+ 155000 155000 0 124000 None 551032571 978.34 6/1/2007 147200 146957.5 Cash Out Refinance 6.99 Full Documentation AA+ 184000 184000 0 147079.1 6 mo int on 80% 551032628 1933.74 6/1/2007 233000 232881.72 Cash Out Refinance 9.35 Full Documentation AA+ 294000 294000 0 233000 None 551032665 594.17 7/1/2007 60000 59961.48 Purchase 11.5 Full Documentation AA+ 100000 100000 100000 59980.83 6 mo int on 80% 551032678 575.54 6/1/2007 72500 72459.15 Rate/Term Refinance 8.85 Full Documentation AA+ 95000 95000 0 72500 6 mo int on 80% 551032682 1486.42 7/1/2007 186400 186296.05 Cash Out Refinance 8.9 Full Documentation AA 233000 233000 0 186400 None 551032687 1063.08 6/1/2007 124000 123941.84 Purchase 9.725 Stated Income Documentation AA+ 158000 158000 155000 124000 6 mo int on 80% 551032712 1355.09 6/1/2007 158400 158250.02 Cash Out Refinance 9.7 Full Documentation AA+ 198000 198000 0 158325.31 6 mo int on 80% 551032723 846.62 6/1/2007 88200 88138.18 Purchase 11.1 Full Documentation AA 100000 100000 98000 88169.23 6 mo int on 80% 551032724 1234.87 6/1/2007 130500 130485.85 Rate/Term Refinance 11.225 Full Documentation AA+ 145000 145000 0 130500 6 mo int on 80% 551032758 965.65 7/1/2007 146250 146005.96 Cash Out Refinance 6.925 Business Bank Statements AA+ 225000 225000 0 146128.33 6 mo int on 80% 551032760 2237.93 6/1/2007 308650 308437.59 Rate/Term Refinance 7.875 Full Documentation AA+ 390000 390000 0 308650 None 551032786 771.75 6/1/2007 96000 95947.45 Cash Out Refinance 8.99 Full Documentation AA+ 120000 120000 0 96000 None 551032834 2712.52 7/1/2007 310400 310261.21 Cash Out Refinance 9.95 Full Documentation B 388000 388000 0 310400 None 551032836 586.82 7/1/2007 56000 55984.85 Cash Out Refinance 12.25 Full Documentation AA+ 70000 70000 0 56000 None 551032840 657.15 6/1/2007 76000 75965.1 Cash Out Refinance 9.825 Full Documentation AA+ 95000 95000 0 76000 None 551032843 599.84 6/1/2007 59200 59182.29 Purchase 11.8 Full Documentation AA+ 76000 76000 74000 59200 None 551032855 2371.97 7/1/2007 300000 299978.03 Rate/Term Refinance 9.4 Stated Income Documentation AA+ 375000 375000 0 299978.03 6 mo int on 80% 551032862 1847.18 6/1/2007 215000 214899.7 Cash Out Refinance 9.75 Full Documentation AA 322000 322000 0 215000 None 551032874 2217.74 6/1/2007 295200 295011.76 Rate/Term Refinance 8.25 Full Documentation AA 369000 369000 0 295200 6 mo int on 80% 551032923 2555.07 6/1/2007 248400 248328.93 Purchase 12 Stated Income Documentation AA+ 276000 276000 276000 248400 None 551032945 1764.39 6/1/2007 234855 234705.24 Purchase 8.25 Full Documentation A 278000 278000 276300 234855 6 mo int on 80% 551032957 1300.62 6/1/2007 143650 143591.35 Purchase 10.375 Full Documentation AA+ 169000 169000 169000 143650 6 mo int on 80% 551032984 826.3 6/1/2007 100000 99948.69 Purchase 9.3 Full Documentation AA+ 125500 125500 125000 100000 6 mo int on 80% 551033058 659.3 6/1/2007 62000 61983.95 Cash Out Refinance 12.45 Stated Income Documentation AA+ 86000 86000 0 62000 None 551033101 917.05 6/1/2007 111600 111541.98 Rate/Term Refinance 9.237 Full Documentation AA+ 124000 124000 0 111600 6 mo int on 80% 551033135 1529.86 6/1/2007 148000 147620.22 Cash Out Refinance 9.325 Full Documentation AA+ 185000 185000 0 148000 None 551033137 1661.44 6/1/2007 167450 167396.78 Rate/Term Refinance 11.525 Full Documentation C 197000 197000 0 167450 6 mo int on 80% 551033172 1897.09 7/1/2007 200000 199927.91 Rate/Term Refinance 10.95 Full Documentation AA+ 250000 250000 0 200000 6 mo int on 80% 551033195 1541.69 6/1/2007 189163 189062.73 Rate/Term Refinance 9.144 No Documentation AA+ 247500 247500 0 189163 6 mo int on 80% 551033288 900.24 6/1/2007 110400 110341.55 Rate/Term Refinance 9.15 Full Documentation AA+ 138000 138000 0 110400 None 551033295 908.12 7/1/2007 108000 107909.24 Cash Out Refinance 9.5 Full Documentation B 135000 135000 0 107909.24 1% of UPB 551033321 896.25 7/1/2007 96400 96363.32 Cash Out Refinance 10.7 Stated Income Documentation AA+ 120500 120500 0 96400 None 551033372 855.58 6/1/2007 104000 103946.09 Cash Out Refinance 9.25 Full Documentation AA+ 130000 130000 0 104000 None 581017353 1069.63 6/1/2007 122400 122290.09 Cash Out Refinance 9.95 Full Documentation AA+ 136000 136000 0 122345.27 2% / 1% 581017706 1773.46 6/1/2007 210000 209794.77 Cash Out Refinance 9.55 Full Documentation CC 420000 420000 0 209897.79 6 mo int on 80% 581018097 956.96 6/1/2007 92000 91974.54 Rate/Term Refinance 12.15 Stated Income Documentation AA 115000 115000 0 92000 6 mo int on 80% 581018524 1815.64 6/1/2007 272000 271963.69 Cash Out Refinance 7.85 Full Documentation AA+ 320000 320000 0 272000 6 mo int on 80% 581018767 1877.39 7/1/2007 279000 278736.9 Cash Out Refinance 7.7 Full Documentation AA+ 400000 400000 0 278825.16 6 mo int on 80% 581019126 1095.41 7/1/2007 163000 162589.63 Cash Out Refinance 7.1 Full Documentation AA+ 220000 220000 0 162727.23 6 mo int on 80% 581019401 2158.45 6/1/2007 352000 351877.4 Cash Out Refinance 7.15 Full Documentation AA 395000 395000 0 351938.88 6 mo int on 80% 581019509 755.85 6/1/2007 110000 109986.65 Cash Out Refinance 8.1 Full Documentation AA+ 310000 285000 0 110000 6 mo int on 80% 581019574 2188.57 7/1/2007 272000 271698.88 Rate/Term Refinance 9 Full Documentation AA+ 320000 275000 0 271698.88 6 mo int on 80% 581019578 2583.65 6/1/2007 375000 374424.7 Cash Out Refinance 7.35 Stated Income Documentation AA+ 500000 500000 0 374713.23 6 mo int on 80% 581019612 2412.42 6/1/2007 391600 391228.8 Rate/Term Refinance 6.255 Full Documentation AA+ 778000 778000 0 391600 6 mo int on 80% 581019663 1052.96 6/1/2007 136000 135837.16 Cash Out Refinance 8.575 Full Documentation AA+ 170000 170000 0 135918.87 6 mo int on 80% 581019802 2509.43 6/1/2007 375000 374761.64 Cash Out Refinance 7.65 Stated Income Documentation AA+ 500000 500000 0 374881.2 6 mo int on 80% 581019804 2382.47 6/1/2007 325000 324561.52 Cash Out Refinance 7.99 Full Documentation AA+ 600000 600000 0 324781.49 6 mo int on 80% 581019855 982 6/1/2007 122400 122376.8 Cash Out Refinance 9.4 Full Documentation AA 137000 137000 0 122400 6 mo int on 80% 581019893 1938.35 6/1/2007 348500 348340.21 Cash Out Refinance 6.4 Full Documentation AA+ 410000 410000 0 348420.32 6 mo int on 80% 581019898 1396.84 7/1/2007 213000 212965.75 Cash Out Refinance 7.7 Full Documentation AA+ 340000 340000 0 213000 6 mo int on 80% 581019937 1498.29 6/1/2007 222500 222471.14 Cash Out Refinance 7.925 Full Documentation AA+ 278700 278700 0 222500 6 mo int on 80% 581019947 2325.28 6/1/2007 337500 336720.98 Cash Out Refinance 7.35 Full Documentation AA 375000 375000 0 336982.24 6 mo int on 80% 581019951 1057.09 6/1/2007 139500 139475.91 Cash Out Refinance 8.99 Full Documentation AA 155000 155000 0 139500 6 mo int on 80% 581019958 2043.7 7/1/2007 348500 348431.13 Cash Out Refinance 6.8 Full Documentation AA+ 500000 500000 0 348500 6 mo int on 80% 581019986 2273.16 6/1/2007 320000 319826.43 Cash Out Refinance 8.2 Full Documentation B 400000 400000 0 319913.51 6 mo int on 80% 581019997 2427.68 6/1/2007 368000 367948.99 Rate/Term Refinance 7.75 Full Documentation AA 460000 460000 0 368000 6 mo int on 80% 581020014 1585.58 6/1/2007 234900 234900 Cash Out Refinance 8.1 Full Documentation AA+ 261000 261000 0 234900 None 581020022 1458.59 6/1/2007 200000 199899.13 Cash Out Refinance 8.45 Full Documentation B 400000 400000 0 199949.74 6 mo int on 80% 581020023 1746.54 6/1/2007 243000 242949.24 Rate/Term Refinance 8.5 Full Documentation AA+ 270000 270000 0 242974.71 6 mo int on 80% 581020046 1253.2 7/1/2007 156800 156711.2 Purchase 8.925 Full Documentation AA+ 197000 197000 196000 156800 6 mo int on 80% 581020052 1170.9 5/1/2007 156000 155972.1 Cash Out Refinance 8.9 Stated Income Documentation AA 195000 195000 0 156000 6 mo int on 80% 581020055 1942.53 6/1/2007 327000 326875.08 Cash Out Refinance 6.9 Full Documentation AA 505000 505000 0 326937.72 6 mo int on 80% 581020066 1026.75 6/1/2007 166500 166500 Rate/Term Refinance 7.4 Full Documentation AA+ 185000 185000 0 166500 6 mo int on 80% 581020070 2024.88 6/1/2007 318200 318100.92 Cash Out Refinance 7.45 Full Documentation AA+ 370000 370000 0 318150.61 6 mo int on 80% 581020073 1717.02 6/1/2007 243000 242866.26 Cash Out Refinance 8.15 Full Documentation AA+ 288000 288000 0 242933.36 6 mo int on 80% 581020080 2320.43 6/1/2007 342000 341913.15 Cash Out Refinance 7.99 Full Documentation AA+ 380000 380000 0 341956.72 6 mo int on 80% 581020091 2740.03 6/1/2007 357000 356922.6 Cash Out Refinance 8.95 Stated Income Documentation A 420000 420000 0 357000 6 mo int on 80% 581020101 2578.25 6/1/2007 340000 339336.24 Cash Out Refinance 8.35 Stated Income Documentation AA+ 440000 440000 0 339551.78 6 mo int on 80% 581020107 2261.95 7/1/2007 320000 319929.19 Cash Out Refinance 8.35 Stated Income Documentation AA 400000 400000 0 319964.72 6 mo int on 80% 581020122 2697.43 6/1/2007 375300 375221.61 Rate/Term Refinance 8.5 Full Documentation AA+ 417000 417000 0 375260.94 6 mo int on 80% 581020127 1817.99 7/1/2007 322500 322357.39 Cash Out Refinance 6.5 Full Documentation AA+ 430000 430000 0 322428.89 6 mo int on 80% 581020130 2550.42 5/1/2007 306000 305896.74 Cash Out Refinance 9.8 Stated Income Documentation AA+ 340000 340000 0 306000 6 mo int on 80% 581020136 2007.87 7/1/2007 338000 337870.89 Cash Out Refinance 6.9 Stated Income Documentation AA+ 520000 520000 0 337935.63 6 mo int on 80% 581020173 1493.45 7/1/2007 255000 254949.42 Cash Out Refinance 6.79 Full Documentation AA+ 395000 395000 0 254949.42 6 mo int on 80% 581020175 1873.16 6/1/2007 321503 321438.29 Cash Out Refinance 6.75 Full Documentation AA+ 495000 495000 0 321503 6 mo int on 80% 581020194 1852.35 6/1/2007 202500 202338.35 Cash Out Refinance 10.5 Stated Income Documentation AA+ 270000 270000 0 202419.53 None 581020202 1295.46 6/1/2007 147000 146805.37 Cash Out Refinance 10.05 Full Documentation A 208000 208000 0 146870.79 None 581020203 1585.96 6/1/2007 237000 236924.92 Rate/Term Refinance 7.65 Full Documentation A 365000 365000 0 237000 6 mo int on 80% 581020206 899.03 6/1/2007 130000 129924.19 Purchase 7.95 Full Documentation AA+ 185000 183000 180000 129962.22 6 mo int on 80% 581020223 1721.55 6/1/2007 279000 278952.45 Rate/Term Refinance 7.2 Full Documentation AA+ 310000 310000 0 279000 6 mo int on 80% 581020232 850.72 6/1/2007 84600 84574.13 Purchase 11.7 Stated Income Documentation AA+ 155000 140000 94000 84600 None 581020240 1932.59 7/1/2007 300400 300309.56 Rate/Term Refinance 7.54 Full Documentation AA+ 375500 375500 375500 300309.56 6 mo int on 80% 581020252 2530.46 6/1/2007 325000 324974.75 Cash Out Refinance 9.25 Stated Income Documentation AA+ 396000 396000 0 325000 6 mo int on 80% 581020301 2870.01 6/1/2007 423000 422946.47 Cash Out Refinance 7.99 Full Documentation AA 470000 470000 0 423000 None 581020304 2245.49 6/1/2007 378000 377928.01 Cash Out Refinance 6.9 Full Documentation AA+ 420000 420000 0 378000 6 mo int on 80% 581020314 2022.15 6/1/2007 217500 217333.72 Cash Out Refinance 10.7 Full Documentation C 290000 290000 0 217417.23 6 mo int on 80% 581020327 1069.99 6/1/2007 105600 105568.41 Cash Out Refinance 11.8 Stated Income Documentation AA+ 132000 125000 0 105600 2% of UPB 581020331 1164.26 6/1/2007 127800 127748.67 Cash Out Refinance 10.45 Full Documentation AA+ 142000 142000 0 127800 None 581020352 1151.65 6/1/2007 175004 174946.13 Cash Out Refinance 7.5 Full Documentation AA 245000 245000 0 175004 6 mo int on 80% 581020360 1720.99 6/1/2007 180000 179936.51 Purchase 11.05 Stated Income Documentation AA+ 200000 200000 200000 180000 6 mo int on 80% 581020363 1633.27 7/1/2007 220500 220446.98 Cash Out Refinance 8.6 Full Documentation AA+ 245000 245000 0 220500 6 mo int on 80% 581020374 2720.25 6/1/2007 387000 386956.5 Cash Out Refinance 8.3 Full Documentation AA+ 430000 430000 0 387000 6 mo int on 80% 581020384 1232 6/1/2007 172800 172676.8 Rate/Term Refinance 7.7 Full Documentation AA+ 192000 192000 0 172800 6 mo int on 80% 581020385 1593.56 7/1/2007 206800 206783.29 Rate/Term Refinance 9.15 Full Documentation AA+ 232000 232000 0 206783.29 6 mo int on 80% 581020407 1401.04 6/1/2007 243000 242949.64 Rate/Term Refinance 6.67 Full Documentation AA+ 270000 270000 0 243000 6 mo int on 80% 581020409 1085.15 6/1/2007 121500 121448.61 Purchase 10.21 Full Documentation AA+ 195000 135000 135000 121500 1% of UPB 581020411 1055.15 6/1/2007 172000 171932.42 Cash Out Refinance 6.89 Full Documentation AA+ 215000 215000 0 172000 6 mo int on 80% 581020443 2348.15 6/1/2007 369000 368942.73 Cash Out Refinance 7.45 Full Documentation AA+ 410000 410000 0 369000 6 mo int on 80% 581020447 1891.46 6/1/2007 252000 251977.54 Cash Out Refinance 8.9 Stated Income Documentation AA+ 280000 280000 0 252000 6 mo int on 80% 581020450 3001.46 7/1/2007 411000 410721.42 Cash Out Refinance 7.95 Business Bank Statements AA+ 500000 500000 0 411000 6 mo int on 80% 581020472 2568.42 6/1/2007 365400 365358.93 Cash Out Refinance 8.3 Full Documentation AA+ 406000 406000 0 365400 6 mo int on 80% 581020486 2346.98 6/1/2007 378000 377936.77 Cash Out Refinance 7.25 Full Documentation AA+ 420000 420000 0 378000 6 mo int on 80% 581020511 1326.56 7/1/2007 161250 161166.41 Cash Out Refinance 9.25 Full Documentation C 215000 215000 0 161250 6 mo int on 80% 581020566 2346.89 6/1/2007 272000 271874.44 Cash Out Refinance 9.8 Business Bank Statements AA 320000 320000 0 272000 6 mo int on 80% 581020582 1001.27 6/1/2007 150000 149979.98 Cash Out Refinance 7.85 Full Documentation AA+ 235000 235000 0 150000 6 mo int on 80% 581020602 2698.67 7/1/2007 368000 368000 Cash Out Refinance 8.8 Stated Income Documentation AA+ 460000 460000 0 368000 6 mo int on 80% 581020617 2429.77 6/1/2007 316000 315808.56 Rate/Term Refinance 8.5 Full Documentation AA+ 360000 360000 0 316000 6 mo int on 80% 581020685 2149.8 6/1/2007 283500 283322.89 Cash Out Refinance 8.35 Full Documentation AA+ 315000 315000 0 283500 6 mo int on 80% 581020686 1717.77 6/1/2007 228650 228504.2 Cash Out Refinance 8.25 Full Documentation AA 269000 269000 0 228650 6 mo int on 80% 581020768 1353.91 7/1/2007 180000 179958.59 Cash Out Refinance 8.75 Full Documentation AA+ 200000 200000 0 180000 6 mo int on 80% 581020814 1756.66 6/1/2007 234739 234684.2 Cash Out Refinance 8.7 Business Bank Statements A 271000 271000 0 234739 6 mo int on 80% 621023908 1614.88 6/1/2007 197600 197495.94 Purchase 9.175 Stated Income Documentation AA+ 304000 304000 304000 197600 None 621023952 1945.8 6/1/2007 193500 193440.83 Purchase 11.7 Stated Income Documentation AA+ 215000 210000 215000 193500 6 mo int on 80% 621024031 1088.91 6/1/2007 140000 139834.09 Cash Out Refinance 8.625 Full Documentation AA+ 175000 160000 0 139917.34 1% of UPB 621024160 1583.41 7/1/2007 200000 199657.27 Cash Out Refinance 8.82 Stated Income Documentation AA+ 250000 250000 0 199772.35 6 mo int on 80% 621024184 2075.28 6/1/2007 283500 283116.35 Cash Out Refinance 7.975 Stated Income Documentation AA+ 405000 399900 0 283308.81 6 mo int on 80% 621024394 1205.83 6/1/2007 148500 148445.56 Cash Out Refinance 9.525 Lite Documentation AA+ 165000 165000 0 148472.89 1% of UPB 621024421 2032.51 6/1/2007 274400 274334.02 Cash Out Refinance 8.6 Stated Income Documentation AA 343000 320000 0 274400 6 mo int on 80% 621024454 1119.68 7/1/2007 112200 112164.92 Cash Out Refinance 11.6 Full Documentation AA+ 132000 132000 0 112164.92 6 mo int on 80% 621024498 1106.92 7/1/2007 140000 139972.25 Cash Out Refinance 9.25 Full Documentation AA+ 187000 165000 0 139972.25 6 mo int on 80% 621024611 856.5 7/1/2007 111150 111141.02 Purchase 9.15 Full Documentation AA+ 125000 123500 123500 111150 6 mo int on 80% 621024617 1119.6 6/1/2007 123250 123234.51 Cash Out Refinance 10.75 Full Documentation C 145000 145000 0 123250 6 mo int on 80% 621024660 1163.74 6/1/2007 177600 177299.26 Cash Out Refinance 6.85 Full Documentation AA 222000 222000 0 177450.06 6 mo int on 80% 621024670 1752.68 6/1/2007 259500 259293.51 Cash Out Refinance 7.15 Full Documentation A 410000 375000 0 259500 6 mo int on 80% 621024673 1155.83 7/1/2007 182500 182500 Cash Out Refinance 7.6 Stated Income Documentation AA+ 390000 390000 0 182500 6 mo int on 80% 621024675 1207.04 6/1/2007 150450 150421.49 Cash Out Refinance 9.4 Full Documentation AA 177000 177000 0 150450 6 mo int on 80% 621024699 1468.35 7/1/2007 210000 209844.15 Cash Out Refinance 7.5 Full Documentation AA+ 310000 310000 0 210000 6 mo int on 80% 621024704 1085.27 6/1/2007 173502 173342.07 Cash Out Refinance 6.4 Full Documentation AA+ 315000 315000 0 173502 None 621024719 1263.26 7/1/2007 157000 156914.24 Cash Out Refinance 9 Full Documentation AA+ 225000 225000 0 157000 6 mo int on 80% 621024736 1410.88 6/1/2007 170000 169913.7 Cash Out Refinance 9.35 Stated Income Documentation AA+ 250000 250000 0 170000 6 mo int on 80% 621024739 2781.3 8/1/2007 392000 391717.7 Purchase 7.65 Business Bank Statements AA+ 502000 502000 490000 391717.7 6 mo int on 80% 621024767 1337.19 6/1/2007 198000 197948.14 Cash Out Refinance 7.95 Full Documentation AA+ 220000 220000 0 197973.75 6 mo int on 80% 621024797 1082.4 6/1/2007 150000 149790.77 Cash Out Refinance 7.825 Full Documentation AA+ 217000 217000 0 149895.72 6 mo int on 80% 621024807 1935.48 7/1/2007 256500 256477.58 Cash Out Refinance 8.95 Full Documentation AA+ 285000 275000 0 256477.58 6 mo int on 80% 621024808 1558.71 6/1/2007 192000 191897.29 Cash Out Refinance 9.1 Full Documentation AA+ 240000 240000 0 192000 6 mo int on 80% 621024811 1159.7 6/1/2007 170000 169867.38 Cash Out Refinance 7.25 Full Documentation AA+ 400000 400000 0 170000 6 mo int on 80% 621024818 2133.93 6/1/2007 256000 255871.4 Cash Out Refinance 9.4 Full Documentation AA 320000 320000 0 256000 6 mo int on 80% 621024832 3190.09 8/1/2007 391500 391474.53 Cash Out Refinance 9.7 Full Documentation AA+ 435000 435000 0 391500 6 mo int on 80% 621024834 1085.26 6/1/2007 125100 125087.4 Purchase 10.35 Stated Income Documentation AA+ 148000 135000 139000 125093.73 6 mo int on 80% 621024856 1415.24 7/1/2007 204000 203846.16 Cash Out Refinance 7.42 Full Documentation AA+ 255000 248000 0 204000 6 mo int on 80% 621024867 1641.27 7/1/2007 196000 195966.83 Cash Out Refinance 9.85 Stated Income Documentation A 280000 280000 0 195966.83 6 mo int on 80% 621024871 1339.2 6/1/2007 172000 171986.63 Cash Out Refinance 9.25 Stated Income Documentation AA+ 215000 215000 0 172000 6 mo int on 80% 621024873 1885.71 6/1/2007 198800 198728.34 Cash Out Refinance 10.95 Stated Income Documentation C 285000 285000 0 198800 6 mo int on 80% 621024877 869.75 6/1/2007 110057 109994.33 Cash Out Refinance 8.8 Full Documentation AA+ 185000 185000 0 110057 6 mo int on 80% 621024887 2015.05 6/1/2007 195900 195787.34 Purchase 12 Stated Income Documentation AA+ 288000 288000 230471 195843.95 None 621024952 946.99 7/1/2007 110500 110483.05 Purchase 10.1 Full Documentation AA+ 130000 130000 130000 110500 6 mo int on 80% 621024971 1682.13 7/1/2007 260014 259789.03 Cash Out Refinance 6.725 Full Documentation AA+ 580000 580000 0 260014 6 mo int on 80% 621024975 2725.05 6/1/2007 375000 374962.45 Cash Out Refinance 8.6 Stated Income Documentation AA 500000 500000 0 375000 6 mo int on 80% 621024977 1121.92 7/1/2007 158125 158011.13 Purchase 7.65 Stated Income Documentation AA+ 310000 310000 287500 158125 6 mo int on 80% 621024978 1042.17 6/1/2007 145000 144984.91 Cash Out Refinance 8.5 Full Documentation AA+ 280000 280000 0 145000 6 mo int on 80% 621024994 3835.25 6/1/2007 379950 379835.09 Cash Out Refinance 11.75 Stated Income Documentation AA+ 447000 447000 0 379950 6 mo int on 80% 621025025 858.76 6/1/2007 101250 101201.24 Cash Out Refinance 9.6 Full Documentation AA+ 225000 225000 0 101250 6 mo int on 80% 621025027 2320.07 6/1/2007 271200 271072.13 Cash Out Refinance 9.7 Full Documentation AA 339000 339000 0 271200 6 mo int on 80% 621025083 3859.55 6/1/2007 457019 456796.56 Cash Out Refinance 9.55 Full Documentation AA+ 530000 530000 0 457019 6 mo int on 80% 661024166 1101.43 7/1/2007 115200 115118.37 Cash Out Refinance 11.05 Full Documentation AA 128000 128000 0 115159.37 None 661024255 1332.79 6/1/2007 211500 211432.13 Cash Out Refinance 7.37 Full Documentation AA 235000 235000 0 211466.17 6 mo int on 80% 661024455 2645.79 6/1/2007 352500 352436.94 Cash Out Refinance 8.9 Stated Income Documentation AA+ 470000 470000 0 352468.59 6 mo int on 80% 661024537 1123.44 7/1/2007 175000 174846.35 Cash Out Refinance 6.65 Full Documentation A 268000 268000 0 174846.35 6 mo int on 80% 661024595 3304.29 6/1/2007 345600 345478.11 Rate/Term Refinance 11.05 Stated Income Documentation C 432000 400000 0 345600 6 mo int on 80% 661024625 1640.7 6/1/2007 212400 212144.39 Cash Out Refinance 8.55 Full Documentation AA+ 236000 236000 0 212272.65 2 mo int on 80% 661024881 1356.72 6/1/2007 174250 174222.81 Cash Out Refinance 9.25 Stated Income Documentation AA+ 205000 205000 0 174236.46 6 mo int on 80% 661024895 1798.06 7/1/2007 260000 259848.38 Cash Out Refinance 7.95 Stated Income Documentation AA+ 325000 325000 0 259924.44 6 mo int on 80% 661024925 2321.22 6/1/2007 306000 305947.36 Cash Out Refinance 9 Stated Income Documentation AA+ 340000 340000 0 306000 None 661025033 1356.84 6/1/2007 153000 152867.64 Cash Out Refinance 10.125 Stated Income Documentation AA+ 170000 170000 0 153000 6 mo int on 80% 661025039 1623.66 6/1/2007 200000 199785.21 Cash Out Refinance 9.1 Stated Income Documentation C 450000 450000 0 199893.01 6 mo int on 80% 661025063 2519.73 6/1/2007 350025 349534.27 Cash Out Refinance 7.8 Stated Income Documentation AA 635000 635000 0 349780.43 6 mo int on 80% 661025064 1529.03 6/1/2007 220000 219948.43 Cash Out Refinance 8.2 Full Documentation AA+ 275000 275000 0 219974.3 6 mo int on 80% 661025067 2446.35 6/1/2007 350000 349919.52 Cash Out Refinance 8.25 Full Documentation AA+ 455000 455000 0 349959.9 6 mo int on 80% 661025101 2670.05 6/1/2007 332000 331874.57 Cash Out Refinance 9.425 Stated Income Documentation AA+ 415000 415000 0 331937.53 6 mo int on 80% 661025114 1526.38 6/1/2007 194000 193921.6 Rate/Term Refinance 9.2 Full Documentation B 325000 325000 0 193960.95 6 mo int on 80% 661025129 3656.74 6/1/2007 371250 368950.82 Cash Out Refinance 10.3 Full Documentation C 495000 495000 0 369436.56 None 661025138 2144.72 6/1/2007 346500 346382.65 Cash Out Refinance 7.225 Stated Income Documentation AA+ 495000 495000 0 346441.5 6 mo int on 80% 661025203 2822.81 6/1/2007 410400 410278.99 Cash Out Refinance 7.9 Full Documentation B 513000 513000 0 410400 6 mo int on 80% 661025213 1269.65 6/1/2007 202980 202403.76 Cash Out Refinance 6.4 Full Documentation AA+ 425000 425000 0 202592.91 6 mo int on 80% 661025223 1463.6 6/1/2007 227500 227420.36 Rate/Term Refinance 7.3 Full Documentation B 380000 380000 0 227500 6 mo int on 80% 661025231 2081.8 6/1/2007 339500 339381.75 Rate/Term Refinance 7.15 Full Documentation AA+ 485000 485000 0 339441.05 6 mo int on 80% 661025241 2931.77 6/1/2007 370800 370726.48 Cash Out Refinance 9.25 Full Documentation AA 412000 412000 0 370800 6 mo int on 80% 661025265 2587.5 6/1/2007 414000 414000 Cash Out Refinance 7.5 Full Documentation AA+ 460000 460000 0 414000 6 mo int on 80% 661025279 878.97 7/1/2007 138125 138103.56 Cash Out Refinance 7.45 Stated Income Documentation AA+ 162500 162500 0 138125 6 mo int on 80% 661025284 1658.47 6/1/2007 302250 302106.31 Cash Out Refinance 6.3 Stated Income Documentation AA+ 465000 465000 0 302178.34 6 mo int on 80% 661025287 1553.83 6/1/2007 272000 271942.17 Cash Out Refinance 6.6 Stated Income Documentation AA+ 320000 320000 0 272000 6 mo int on 80% 661025295 2698.32 6/1/2007 401000 400748.72 Cash Out Refinance 7.7 Full Documentation A 535000 535000 0 400874.76 6 mo int on 80% 661025297 2172.33 6/1/2007 246500 246283.31 Cash Out Refinance 10.05 Stated Income Documentation AA+ 290000 290000 0 246392.11 6 mo int on 80% 661025298 3096.03 6/1/2007 378000 377602.42 Cash Out Refinance 9.2 Stated Income Documentation AA+ 420000 420000 0 377801.97 6 mo int on 80% 661025309 2625.77 6/1/2007 332100 332051.17 Cash Out Refinance 9.4 Full Documentation AA+ 369000 369000 0 332075.68 6 mo int on 80% 661025328 2255.86 8/1/2007 352350 352296.33 Purchase 7.5 Full Documentation AA+ 392000 392000 391500 352350 6 mo int on 80% 661025337 2114.45 6/1/2007 284000 283864.95 Cash Out Refinance 8.65 Full Documentation A 355000 355000 0 283932.72 6 mo int on 80% 661025350 2319.15 6/1/2007 377600 377303.25 Cash Out Refinance 6.9 Full Documentation AA+ 472000 472000 0 377452.05 6 mo int on 80% 661025372 2226.61 6/1/2007 315000 314965.27 Cash Out Refinance 8.35 Full Documentation AA 350000 350000 0 315000 6 mo int on 80% 661025373 1668.6 6/1/2007 300000 299931.4 Cash Out Refinance 6.4 Full Documentation AA+ 575000 575000 0 300000 6 mo int on 80% 661025374 2379.15 6/1/2007 265500 265388.66 Purchase 10.25 Full Documentation AA+ 295000 284500 295000 265500 6 mo int on 80% 661025386 2012.22 6/1/2007 311002 310786.68 Cash Out Refinance 7.35 Stated Income Documentation AA+ 624000 624000 0 310894.67 6 mo int on 80% 661025422 1765.77 6/1/2007 328500 328335.16 Cash Out Refinance 6.15 Full Documentation AA+ 610000 610000 0 328417.79 6 mo int on 80% 661025434 2564.69 6/1/2007 378000 377904 Rate/Term Refinance 7.99 Stated Income Documentation AA+ 445000 445000 0 377952.16 6 mo int on 80% 661025452 1548.1 7/1/2007 187500 187467.52 Cash Out Refinance 9.7 Full Documentation B 250000 250000 0 187500 None 661025467 2500.27 6/1/2007 400000 399698.58 Cash Out Refinance 7.05 Stated Income Documentation AA+ 500000 500000 0 399849.73 6 mo int on 80% 661025469 1193.87 6/1/2007 155550 155516.27 Cash Out Refinance 8.95 Full Documentation A 183000 183000 0 155550 2% of ppd amt 661025507 2873.75 6/1/2007 340000 339890.38 Cash Out Refinance 9.95 Full Documentation B 425000 425000 0 339945.42 6 mo int on 80% 661025521 2322.02 7/1/2007 292500 292335.17 Cash Out Refinance 8.85 Stated Income Documentation AA+ 450000 450000 0 292500 6 mo int on 80% 661025531 1219.97 6/1/2007 131750 131699.31 Cash Out Refinance 10.65 Stated Income Documentation AA+ 155000 155000 0 131750 6 mo int on 80% 661025534 4193.76 6/1/2007 498750 498504.68 Cash Out Refinance 9.5 Full Documentation AA 665000 665000 0 498750 6 mo int on 80% 661025539 1590.38 6/1/2007 248625 248536.73 Rate/Term Refinance 7.25 Full Documentation AA+ 292500 292500 0 248625 6 mo int on 80% 661025564 4193.7 7/1/2007 495000 494972.55 Cash Out Refinance 10.1 Stated Income Documentation AA+ 580000 540000 0 495000 6 mo int on 80% 661025570 1043.62 6/1/2007 164000 163974.55 Cash Out Refinance 7.45 Stated Income Documentation AA+ 270000 270000 0 164000 6 mo int on 80% 661025573 1519.37 7/1/2007 203000 202738.09 Cash Out Refinance 8.21 Stated Income Documentation AA+ 330000 330000 0 202869.49 6 mo int on 80% 661025597 1907.02 6/1/2007 246000 245948.23 Cash Out Refinance 9.05 Stated Income Documentation AA+ 475000 475000 0 246000 6 mo int on 80% 661025605 2108.84 6/1/2007 354996 354928.39 Cash Out Refinance 6.9 Stated Income Documentation AA+ 537000 537000 0 354996 6 mo int on 80% 661025610 2091.04 6/1/2007 352000 351932.96 Cash Out Refinance 6.9 Full Documentation AA+ 440000 440000 0 352000 6 mo int on 80% 661025632 2565.61 6/1/2007 355000 354927.28 Rate/Term Refinance 8.55 Stated Income Documentation AA 410000 410000 0 354963.77 6 mo int on 80% 661025641 1493.89 7/1/2007 178400 178370.37 Cash Out Refinance 9.85 Stated Income Documentation AA 223000 223000 0 178400 6 mo int on 80% 661025651 2136.6 6/1/2007 225250 225168.81 Cash Out Refinance 10.95 Stated Income Documentation AA+ 330000 265000 0 225250 6 mo int on 80% 661025654 1422.37 6/1/2007 207000 206974.88 Cash Out Refinance 8.1 Full Documentation AA+ 230000 230000 0 207000 6 mo int on 80% 661025657 2758.58 6/1/2007 407700 407574.48 Cash Out Refinance 7.75 Full Documentation AA 453000 453000 0 407700 6 mo int on 80% 661025682 1414.61 6/1/2007 204000 203881.89 Rate/Term Refinance 7.975 Full Documentation AA 240000 225000 0 203941.14 6 mo int on 80% 661025688 2157.66 6/1/2007 280000 279940.01 Cash Out Refinance 8.99 Stated Income Documentation AA 400000 400000 0 280000 6 mo int on 80% 661025690 1920.39 7/1/2007 276000 275793.11 Cash Out Refinance 7.45 Stated Income Documentation AA+ 345000 345000 0 275793.11 6 mo int on 80% 661025745 1578.97 6/1/2007 238500 238467.31 Cash Out Refinance 7.78 Full Documentation AA+ 265000 265000 0 238500 6 mo int on 80% 661025768 2088.45 6/1/2007 276250 276187.38 Cash Out Refinance 8.8 Stated Income Documentation AA+ 325000 325000 0 276250 6 mo int on 80% 661025800 1911.54 6/1/2007 216000 215906.46 Purchase 10.1 Full Documentation AA+ 300000 300000 240000 216000 None 661025820 2311.7 6/1/2007 322000 321915.47 Cash Out Refinance 8.3 Stated Income Documentation AA+ 575000 575000 0 322000 6 mo int on 80% 661025843 1792.06 6/1/2007 309600 309536.54 Rate/Term Refinance 6.7 Full Documentation AA+ 387000 360000 0 309600 6 mo int on 80% 661025857 2637.53 6/1/2007 369000 368960.85 Cash Out Refinance 8.45 Stated Income Documentation AA+ 410000 410000 0 369000 6 mo int on 80% 661025864 1573.09 6/1/2007 270000 269945.66 Cash Out Refinance 6.75 Full Documentation AA+ 475000 475000 0 270000 6 mo int on 80% 661026004 1498.2 6/1/2007 166500 166430.93 Cash Out Refinance 10.3 Stated Income Documentation AA+ 185000 185000 0 166500 6 mo int on 80% 671019953 2545.82 7/1/2007 247500 247429.18 Cash Out Refinance 12 Stated Income Documentation B 275000 275000 0 247500 6 mo int on 80% 671019970 2404.81 6/1/2007 382500 382215.8 Cash Out Refinance 7.1 Full Documentation A 510000 510000 0 382358.32 6 mo int on 80% 671020486 1765.57 6/1/2007 255000 254612.67 Cash Out Refinance 7.4 Business Bank Statements AA+ 306000 306000 0 254806.93 6 mo int on 80% 671020495 1041.57 6/1/2007 133000 132922.68 Cash Out Refinance 8.7 Stated Income Documentation AA+ 190000 190000 0 133000 6 mo int on 80% 671020505 1871.35 6/1/2007 252000 251953.13 Cash Out Refinance 8.8 Full Documentation AA+ 280000 280000 0 251976.65 6 mo int on 80% 671020521 2389.68 6/1/2007 382500 382374 Cash Out Refinance 7.3 Stated Income Documentation AA+ 450000 450000 0 382437.19 6 mo int on 80% 671020582 1464.96 6/1/2007 192800 192713.56 Cash Out Refinance 8.85 Full Documentation B 241000 241000 0 192756.94 6 mo int on 80% 671020604 1503.28 6/1/2007 204000 203950.22 Purchase 8.55 Full Documentation A 240000 240000 240000 204000 6 mo int on 80% 671020624 1061.76 6/1/2007 121500 121445.68 Cash Out Refinance 9.95 Full Documentation AA+ 135000 135000 0 121500 6 mo int on 80% 671020669 2300.9 6/1/2007 280000 279950.77 Cash Out Refinance 9.65 Stated Income Documentation B 350000 350000 0 280000 6 mo int on 80% 671020671 1794.44 6/1/2007 310011 309883.55 Cash Out Refinance 6.7 Full Documentation AA+ 405000 405000 0 309947.45 6 mo int on 80% 671020708 1013.86 6/1/2007 151000 150960.31 Cash Out Refinance 7.9 Full Documentation AA+ 172000 172000 0 150980.22 6 mo int on 80% 671020718 2583.28 7/1/2007 387000 386896.36 Cash Out Refinance 7.85 Full Documentation AA+ 430000 430000 0 387000 6 mo int on 80% 671020726 1743.44 6/1/2007 338300 338205.77 Rate/Term Refinance 5.85 Full Documentation AA+ 398000 398000 0 338300 6 mo int on 80% 671020729 1202.22 6/1/2007 135000 134942.47 Rate/Term Refinance 10.175 Full Documentation AA+ 150000 150000 0 135000 6 mo int on 80% 671020731 2000.9 7/1/2007 255500 255351.48 Cash Out Refinance 8.7 Stated Income Documentation AA+ 365000 365000 0 255500 None 671020746 2753.23 7/1/2007 398400 398352.57 Rate/Term Refinance 8.15 Stated Income Documentation AA+ 498000 498000 0 398400 6 mo int on 80% 671020749 1421.72 6/1/2007 184500 184485.09 Cash Out Refinance 9.15 Full Documentation AA+ 205000 205000 0 184500 6 mo int on 80% 671020773 1998.21 7/1/2007 330000 329880.73 Cash Out Refinance 7.05 Full Documentation AA+ 633000 633000 0 329940.54 6 mo int on 80% 671020808 1969.18 6/1/2007 238500 238458.7 Cash Out Refinance 9.7 Full Documentation AA+ 265000 265000 0 238500 6 mo int on 80% 671020817 1834.84 6/1/2007 264000 263969.16 Cash Out Refinance 8.2 Full Documentation AA+ 560000 560000 0 264000 6 mo int on 80% 671020851 1356.26 7/1/2007 192950 192928.31 Cash Out Refinance 8.3 Full Documentation AA+ 227000 227000 0 192950 6 mo int on 80% 671020853 1418.65 6/1/2007 184500 184388.23 Rate/Term Refinance 8.5 Full Documentation AA+ 205000 205000 0 184500 6 mo int on 80% 671020864 1436.25 6/1/2007 163800 163727.39 Rate/Term Refinance 9.99 Full Documentation AA+ 182000 182000 0 163800 6 mo int on 80% 671020868 1865.91 5/1/2007 219050 218840.4 Cash Out Refinance 9.65 Full Documentation C 337000 337000 0 218945.62 6 mo int on 80% 671020881 794.17 7/1/2007 124800 124756.77 Cash Out Refinance 7.45 Full Documentation AA+ 156000 156000 0 124778.45 6 mo int on 80% 671020888 2200.15 7/1/2007 337500 337451.41 Rate/Term Refinance 7.65 Stated Income Documentation AA+ 375000 375000 0 337500 6 mo int on 80% 671020906 1615.83 7/1/2007 193500 193488.61 Cash Out Refinance 9.95 Stated Income Documentation AA+ 215000 215000 0 193500 6 mo int on 80% 671020908 1611.79 6/1/2007 217600 217547.68 Cash Out Refinance 8.6 Full Documentation A 272000 272000 0 217600 None 671020910 2234.23 7/1/2007 284000 283804.36 Cash Out Refinance 8.75 Full Documentation AA+ 355000 355000 0 283804.36 6 mo int on 80% 671020926 1237.07 6/1/2007 205600 205562.26 Cash Out Refinance 7 Full Documentation AA+ 257000 257000 0 205600 6 mo int on 80% 671020950 2690.96 6/1/2007 374400 374321.8 Cash Out Refinance 8.5 Full Documentation AA 416000 416000 0 374400 None 671020976 1685.5 6/1/2007 300000 299933.25 Rate/Term Refinance 6.475 Full Documentation AA+ 400000 400000 0 300000 6 mo int on 80% 671020994 1747.67 7/1/2007 250000 249929.41 Cash Out Refinance 8.05 Full Documentation A 340000 340000 0 249929.41 6 mo int on 80% 671021060 1354.9 7/1/2007 243600 243247.06 Cash Out Refinance 6.4 Full Documentation AA+ 290000 290000 0 243600 6 mo int on 80% 671021164 1365.9 6/1/2007 169000 168908.64 Rate/Term Refinance 9.05 Full Documentation C 260000 260000 0 169000 6 mo int on 80% 831076889 592.52 6/1/2007 100000 99942.1 Cash Out Refinance 6.88 Full Documentation AA+ 169000 169000 0 99961.51 6 mo int on 80% 831076891 1495.26 7/1/2007 186000 185692.28 Cash Out Refinance 8.99 Stated Income Documentation AA+ 255000 240000 0 185795.62 6 mo int on 80% 831076893 1515.54 5/1/2007 200000 199947.98 Cash Out Refinance 8.99 Stated Income Documentation AA+ 260000 250000 0 199982.79 6 mo int on 80% 831076894 1515.57 6/1/2007 203000 202944.26 Cash Out Refinance 8.85 Stated Income Documentation AA+ 329000 329000 0 202962.98 6 mo int on 80% 831076895 848.97 6/1/2007 106400 106377.26 Cash Out Refinance 9.49 Stated Income Documentation AA 133000 133000 0 106384.9 6 mo int on 80% 831077041 3099.76 6/1/2007 405000 404048.49 Cash Out Refinance 8.45 Stated Income Documentation AA 605000 605000 0 404301.3 6 mo int on 80% 831077042 2356.01 6/1/2007 323850 323181.71 Cash Out Refinance 7.91 Stated Income Documentation AA+ 381000 381000 0 323405.94 6 mo int on 80% 831077044 1990.81 6/1/2007 300000 299861.67 Cash Out Refinance 7.8 Full Documentation AA+ 560000 560000 0 299903.11 6 mo int on 80% 831077045 2701.41 6/1/2007 416500 415418.15 Cash Out Refinance 6.75 Stated Income Documentation AA+ 595000 595000 0 415780.79 6 mo int on 80% 831077047 706.76 6/1/2007 100000 99780.84 Cash Out Refinance 7.61 Stated Income Documentation AA+ 130000 130000 0 99854.36 2% of UPB 831077048 3114 6/1/2007 414000 413889.38 Cash Out Refinance 8.92 Full Documentation AA+ 460000 460000 0 413926.53 6 mo int on 80% 831077051 1731.42 6/1/2007 252000 251774.97 Cash Out Refinance 7.89 Stated Income Documentation AA+ 315000 315000 0 251850.47 6 mo int on 80% 831077166 839.18 6/1/2007 136000 135930.04 Cash Out Refinance 7.2 Stated Income Documentation AA 235000 235000 0 135976.82 6 mo int on 80% 831077210 2180.42 6/1/2007 300000 299378.77 Cash Out Refinance 7.9 Stated Income Documentation AA+ 470000 470000 0 299586.91 None 831077211 1319.7 6/1/2007 186000 185595.59 Cash Out Refinance 7.65 Stated Income Documentation AA+ 280000 280000 0 185731.25 None 831077212 1380.48 6/1/2007 175000 174646.88 Cash Out Refinance 8.78 Stated Income Documentation AA+ 350000 350000 0 174748.78 None 831077213 3243.01 6/1/2007 416000 415261.68 Cash Out Refinance 8.65 Full Documentation AA+ 520000 520000 0 415509.56 None 831077214 1667.66 6/1/2007 230000 229522.03 Cash Out Refinance 7.875 Full Documentation AA 500000 500000 0 229682.4 None 831077253 2517.7 6/1/2007 372800 372606.48 Cash Out Refinance 7.95 Stated Income Documentation AA+ 466000 466000 0 372655.34 6 mo int on 80% 831077259 1170.18 6/1/2007 148000 147850.97 Cash Out Refinance 9.25 Lite Documentation A 212000 212000 0 147881.23 6 mo int on 80% 831077314 1157.66 7/1/2007 200000 199834.66 Rate/Term Refinance 6.7 Full Documentation AA+ 270000 270000 0 199876.34 6 mo int on 80% 831077326 1334.92 6/1/2007 215000 214891.46 Cash Out Refinance 7.25 Full Documentation AA+ 290000 290000 0 214927.86 6 mo int on 80% 831077331 1137.7 6/1/2007 156000 155828.45 Cash Out Refinance 8.45 Full Documentation AA+ 215000 215000 0 155868.58 None 831077334 1682.33 6/1/2007 238000 237893.91 Cash Out Refinance 8.35 Full Documentation AA+ 280000 280000 0 237920.71 6 mo int on 80% 831077559 3027.29 6/1/2007 399500 399431 Cash Out Refinance 8.99 Full Documentation AA+ 470000 470000 0 399465.63 6 mo int on 80% 831077560 1105.79 7/1/2007 156000 155965.8 Cash Out Refinance 8.375 Stated Income Documentation AA+ 227000 227000 0 155982.96 6 mo int on 80% 831077564 1772.67 6/1/2007 240000 239931.49 Cash Out Refinance 8.75 Full Documentation AA+ 300000 300000 0 239954.49 6 mo int on 80% 831077570 1642.63 6/1/2007 208800 208436.97 Cash Out Refinance 8.75 Stated Income Documentation AA+ 290000 290000 0 208558.86 6 mo int on 80% 831077579 2082.28 6/1/2007 252000 251740.44 Cash Out Refinance 9.3 Stated Income Documentation B 320000 320000 0 251870.72 6 mo int on 80% 831077594 1875.32 7/1/2007 270000 269765.73 Cash Out Refinance 7.99 Stated Income Documentation AA+ 323000 323000 0 269844.34 6 mo int on 80% 831077605 982.73 6/1/2007 148500 148304.49 Cash Out Refinance 7.55 Full Documentation AA+ 165000 165000 0 148353.83 6 mo int on 80% 831077607 1888.19 6/1/2007 248500 248275.53 Rate/Term Refinance 8.85 Full Documentation A 283000 283000 0 248332.27 6 mo int on 80% 831077609 1383.55 6/1/2007 195000 194432.91 Cash Out Refinance 7.65 Full Documentation AA+ 260000 260000 0 194576.04 2 mo int on 66% if less than 8% 831077613 1905.61 6/1/2007 252000 251521.47 Cash Out Refinance 8.32 Stated Income Documentation AA+ 315000 315000 0 251682.08 6 mo int on 80% 831077614 803.79 6/1/2007 108000 107787.69 Cash Out Refinance 8.15 Full Documentation AA+ 180000 180000 0 107858.94 6 mo int on 80% 831077615 1115.88 6/1/2007 162500 162354.69 Cash Out Refinance 7.885 Stated Income Documentation AA+ 250000 250000 0 162403.44 6 mo int on 80% 831077618 1262.23 6/1/2007 213000 212726.31 Cash Out Refinance 6.6 Full Documentation AA+ 237000 237000 0 212818.04 6 mo int on 80% 831077624 1618 7/1/2007 204000 203768.75 Cash Out Refinance 8.84 Stated Income Documentation AA+ 255000 255000 0 203884.8 6 mo int on 80% 831077628 2211.92 6/1/2007 322000 321252.3 Cash Out Refinance 7.32 Stated Income Documentation AA+ 500000 500000 0 321503.05 6 mo int on 80% 831077684 1079.17 6/1/2007 175000 175000 Cash Out Refinance 7.4 Stated Income Documentation AA 297000 297000 0 175000 6 mo int on 80% 831077686 2719.53 6/1/2007 280000 279713.74 Cash Out Refinance 11.25 Full Documentation CC 445000 445000 0 279810.05 6 mo int on 80% 831077693 1592.38 6/1/2007 245000 244928.55 Cash Out Refinance 7.625 Stated Income Documentation AA+ 360000 360000 0 244964.39 6 mo int on 80% 831077702 845.45 6/1/2007 107957 107831.02 Cash Out Refinance 8.7 Full Documentation AA+ 270000 270000 0 107894.24 6 mo int on 80% 831077713 2018.24 6/1/2007 288750 288616.3 Cash Out Refinance 8.25 Stated Income Documentation AA+ 385000 385000 0 288650.07 None 831077715 1245.5 6/1/2007 207000 206745.49 Rate/Term Refinance 7 Stated Income Documentation AA+ 305000 305000 0 206784.75 None 831077716 1513.8 6/1/2007 250000 249818.21 Cash Out Refinance 7.05 Full Documentation AA+ 680000 680000 0 249909.64 6 mo int on 80% 831077717 1138.34 7/1/2007 165500 165302.87 Cash Out Refinance 7.9 Full Documentation AA+ 187000 187000 0 165352.64 6 mo int on 80% 831077719 1962.44 7/1/2007 260000 259337.87 Cash Out Refinance 8.3 Full Documentation A 735000 735000 0 259505.4 None 831077807 2956.48 6/1/2007 345000 344674.73 Cash Out Refinance 9.72 Stated Income Documentation AA+ 520000 520000 0 344838.02 6 mo int on 80% 831077808 733.76 6/1/2007 100000 99865.37 Cash Out Refinance 8 Stated Income Documentation AA+ 334000 334000 0 99932.91 6 mo int on 80% 831077809 916.9 5/1/2007 115500 115369.34 Cash Out Refinance 8.85 Stated Income Documentation AA+ 165000 165000 0 115500 6 mo int on 80% 831077810 1236.62 6/1/2007 143200 143067.54 Cash Out Refinance 9.81 Business Bank Statements AA+ 179000 179000 0 143134.04 6 mo int on 80% 831077811 883.84 5/1/2007 102000 101859.08 Cash Out Refinance 9.85 Stated Income Documentation AA+ 137000 137000 0 101906.44 None 831077812 1691.41 7/1/2007 215000 214751.7 Cash Out Refinance 8.75 Stated Income Documentation AA+ 630000 630000 0 214876.3 None 831077814 1306.97 6/1/2007 202000 201860.13 Cash Out Refinance 7.35 Stated Income Documentation AA+ 270000 270000 0 201930.28 6 mo int on 80% 831077815 1651.7 6/1/2007 215200 215106.32 Cash Out Refinance 8.95 Stated Income Documentation AA+ 269000 269000 0 215153.33 6 mo int on 80% 831077820 2167.03 6/1/2007 312000 311729.31 Cash Out Refinance 7.99 Full Documentation AA+ 390000 390000 0 311820.14 6 mo int on 80% 831077821 3724.49 6/1/2007 553500 552801.87 Rate/Term Refinance 7.7 Stated Income Documentation AA+ 615000 615000 0 552978.08 6 mo int on 80% 831077822 1362.46 7/1/2007 185850 185757.63 Cash Out Refinance 8.5 Stated Income Documentation AA+ 370000 370000 0 185757.63 6 mo int on 80% 831077823 2668.93 7/1/2007 412500 412070.27 Cash Out Refinance 7.35 Stated Income Documentation AA+ 735000 735000 0 412214.39 6 mo int on 80% 831077827 1696.72 6/1/2007 200000 199936.3 Rate/Term Refinance 9.99 Stated Income Documentation AA+ 251000 251000 0 199968.28 6 mo int on 80% 831077829 1069.14 6/1/2007 140000 139906.88 Cash Out Refinance 8.9 Full Documentation AA+ 200000 200000 0 139938.15 6 mo int on 80% 831077832 1573.35 6/1/2007 172000 171862.7 Cash Out Refinance 10.5 Stated Income Documentation AA+ 215000 215000 0 171931.65 6 mo int on 80% 831077867 1727.22 5/1/2007 261000 260656.4 Cash Out Refinance 7.55 Full Documentation AA+ 290000 290000 0 260829.28 None 831077873 1329.67 6/1/2007 185000 184902.36 Cash Out Refinance 8.5 Stated Income Documentation AA+ 275000 275000 0 184941.83 None 831077877 842.36 7/1/2007 140000 139896.32 Cash Out Refinance 7 Stated Income Documentation AA+ 270000 270000 0 139922.47 None 831077889 1093.33 6/1/2007 160000 159806.12 Cash Out Refinance 7.84 Full Documentation AA+ 235000 235000 0 159855.06 6 mo int on 80% 831077893 939.75 7/1/2007 137000 136916.73 Cash Out Refinance 7.875 Stated Income Documentation AA+ 240000 240000 0 136958.5 6 mo int on 80% 831077894 973.83 7/1/2007 154000 153886.26 Cash Out Refinance 7.15 Stated Income Documentation AA+ 290000 290000 0 153942.85 6 mo int on 80% 831077897 2469.17 6/1/2007 281600 281349.26 Cash Out Refinance 9.99 Stated Income Documentation AA 352000 352000 0 281600 6 mo int on 80% 831077901 2909.36 6/1/2007 346000 345658.27 Cash Out Refinance 9.5 Full Documentation AA+ 650000 650000 0 345829.81 None 831077902 879.8 7/1/2007 124000 123730.39 Cash Out Refinance 7.65 Full Documentation AA+ 155000 155000 0 123910.7 6 mo int on 80% 831077906 1518.27 6/1/2007 204000 203327.08 Cash Out Refinance 8.15 Stated Income Documentation AA+ 255000 255000 0 203463.49 None 831077907 1819.67 6/1/2007 210000 209807.37 Cash Out Refinance 9.85 Full Documentation AA+ 295000 295000 0 210000 None 831077912 1320.87 6/1/2007 175000 174778.33 Cash Out Refinance 8.3 Stated Income Documentation AA+ 300000 300000 0 174889.55 6 mo int on 80% 831077920 2421.51 6/1/2007 297500 297391.76 Cash Out Refinance 9.55 Stated Income Documentation AA+ 350000 350000 0 297446.09 6 mo int on 80% 831077922 1302.66 6/1/2007 168000 167973.38 Rate/Term Refinance 9.21 Stated Income Documentation AA+ 210000 210000 0 167986.74 6 mo int on 80% 831077924 714.93 7/1/2007 72250 72203.5 Purchase 11.49 Stated Income Documentation AA+ 118000 118000 85000 72226.86 1% of amt prepaid 831077929 3331.96 6/1/2007 380000 379661.68 Cash Out Refinance 9.99 Stated Income Documentation AA+ 475000 475000 0 379831.54 6 mo int on 80% 831077931 2688.16 6/1/2007 356250 356187.51 Rate/Term Refinance 8.95 Stated Income Documentation AA+ 475000 475000 0 356218.87 6 mo int on 80% 831077932 1935.58 6/1/2007 216000 215818.07 Cash Out Refinance 10.25 Full Documentation B 240000 240000 0 215909.42 6 mo int on 80% 831077933 2245.23 7/1/2007 292000 291644.95 Cash Out Refinance 8.5 Stated Income Documentation AA+ 365000 365000 0 291644.95 6 mo int on 80% 831077937 1820 6/1/2007 253500 253446.84 Cash Out Refinance 8.49 Stated Income Documentation AA+ 390000 390000 0 253473.51 6 mo int on 80% 831077954 2433.91 6/1/2007 392000 391868.45 Cash Out Refinance 7.25 Stated Income Documentation AA 560000 560000 0 391934.42 6 mo int on 80% 831077955 961.35 6/1/2007 122200 122058.87 Cash Out Refinance 8.75 Stated Income Documentation AA+ 188000 188000 0 122129.69 6 mo int on 80% 831077958 716.41 7/1/2007 100000 99858.39 Rate/Term Refinance 7.75 Stated Income Documentation AA+ 550000 550000 0 99929.42 6 mo int on 80% 831077966 3430.93 6/1/2007 480000 479897.78 Cash Out Refinance 8.45 Full Documentation AA+ 640000 640000 0 479949.07 6 mo int on 80% 831077968 2163.74 5/1/2007 292102 291716.6 Cash Out Refinance 8.1 Stated Income Documentation AA+ 415000 415000 0 292102 6 mo int on 80% 831077974 3161.49 6/1/2007 387990 387939.32 Rate/Term Refinance 9.7 Stated Income Documentation AA+ 450000 450000 0 387964.76 6 mo int on 80% 831077977 1149.12 6/1/2007 152000 151930.84 Cash Out Refinance 8.8 Stated Income Documentation AA 190000 190000 0 151965.55 None 831077981 2031.79 6/1/2007 308750 308441.78 Cash Out Refinance 7.5 Stated Income Documentation A 477500 477500 0 308545.16 1% of amt ppd if loan greater than $150K 831077982 2099.74 7/1/2007 246500 246264.12 Cash Out Refinance 9.65 Stated Income Documentation AA 290000 290000 0 246382.53 6 mo int on 80% 831077983 1893.93 6/1/2007 191250 191127.15 Purchase 11.5 Stated Income Documentation AA+ 230000 230000 225000 191188.85 6 mo int on 80% 831077984 1216.61 6/1/2007 141300 141285.3 Purchase 10.27 Full Documentation AA+ 159000 157000 157000 141292.68 2 mo int or 60 days int on UPB 831077985 609.49 6/1/2007 72800 72727.34 Purchase 9.45 Full Documentation AA+ 112000 112000 112000 72763.81 2 mo int on 80% 831077986 2569.72 6/1/2007 414000 413682.74 Rate/Term Refinance 6.99 Full Documentation AA+ 460000 460000 0 413841.83 6 mo int on 80% 831077987 1090.55 7/1/2007 155000 154913.69 Cash Out Refinance 8.11 Stated Income Documentation AA+ 290000 260000 0 154956.99 6 mo int on 80% 831077988 1646.58 11/1/2007 213750 213491.18 Cash Out Refinance 8.52 Stated Income Documentation AA+ 285000 285000 0 212962.41 6 mo int on 80% 831077989 2035.78 6/1/2007 311000 310472.34 Cash Out Refinance 6.84 Stated Income Documentation AA+ 570000 570000 0 310736.92 6 mo int on 80% 831077990 2157.29 6/1/2007 337250 336766.69 Cash Out Refinance 7.25 Stated Income Documentation AA+ 375000 375000 0 336888.61 6 mo int on 80% 831077991 1189.83 6/1/2007 198000 197889.92 Cash Out Refinance 6.99 Full Documentation AA+ 220000 220000 0 197926.83 2 mo int on 66% if less than 8% 831077995 1811.49 6/1/2007 240000 239695.97 Cash Out Refinance 8.3 Full Documentation AA+ 300000 300000 0 239848.51 None 831077996 731.25 6/1/2007 110500 110354.54 Cash Out Refinance 7.55 Full Documentation AA+ 150000 150000 0 110391.25 6 mo int on 80% 831077997 2037.75 6/1/2007 265500 265267.17 Cash Out Refinance 8.95 Stated Income Documentation AA+ 295000 295000 0 265326.03 6 mo int on 80% 831077998 2143.86 6/1/2007 312000 311847.02 Cash Out Refinance 8.1 Full Documentation AA+ 390000 390000 0 311885.65 6 mo int on 80% 831078009 975.83 5/1/2007 108000 107865.86 Purchase 10.35 Stated Income Documentation AA+ 163000 163000 135000 107955.67 None 831078013 843.49 6/1/2007 120000 119972.93 Cash Out Refinance 8.3 Stated Income Documentation AA+ 160000 160000 0 119986.51 6 mo int on 80% 831078016 1551.7 6/1/2007 196350 196012.13 Cash Out Refinance 8.8 Stated Income Documentation AA+ 231000 231000 0 196125.58 6 mo int on 80% 831078067 1531.51 6/1/2007 220500 220244.07 Cash Out Refinance 7.99 Full Documentation AA 245000 245000 0 220308.69 6 mo int on 80% 831078068 2679.79 6/1/2007 403200 401863.78 Rate/Term Refinance 6.99 Full Documentation AA+ 504000 504000 0 402200.75 None 831078075 1013.24 6/1/2007 100000 99939.89 Cash Out Refinance 11.8 Stated Income Documentation AA 240000 189000 0 99970.09 6 mo int on 80% 831078077 1341.56 6/1/2007 183000 182909.06 Rate/Term Refinance 8.5 Stated Income Documentation AA+ 267000 267000 0 182954.69 6 mo int on 80% 831078078 2630.5 6/1/2007 300000 299732.89 Rate/Term Refinance 9.99 Stated Income Documentation AA 375000 375000 0 299867 6 mo int on 80% 831078082 3970.33 5/1/2007 468000 467850.92 Cash Out Refinance 9.99 Full Documentation B 520000 520000 0 468000 6 mo int on 80% 831078084 1178.64 6/1/2007 166000 165963.83 Purchase 8.39 Stated Income Documentation AA+ 208000 208000 208000 165981.98 6 mo int on 80% 831078088 1615.85 6/1/2007 201000 200779.13 Cash Out Refinance 8.99 Full Documentation AA+ 225000 225000 0 200889.98 6 mo int on 80% 831078101 1374.61 6/1/2007 180000 179688.68 Cash Out Refinance 8.9 Full Documentation C 250000 250000 0 179730.29 1% of amt ppd if loan greater than $150K 831078108 922.94 7/1/2007 120250 120117.66 Cash Out Refinance 8.95 Full Documentation AA+ 185000 185000 0 120171.18 3% / 2% / 1% 831078112 1226.94 6/1/2007 166500 166335.74 Rate/Term Refinance 8.55 Full Documentation AA+ 220000 220000 0 166377.24 6 mo int on 80% 831078113 1525.63 7/1/2007 248400 248007.31 Cash Out Refinance 6.9 Full Documentation AA+ 276000 276000 0 248106.33 3% / 2% / 1% 831078114 1016.6 6/1/2007 147000 146827.4 Cash Out Refinance 7.95 Stated Income Documentation AA+ 212000 212000 0 146870.98 6 mo int on 80% 831078120 1140.21 6/1/2007 118000 117951.98 Cash Out Refinance 11.475 Full Documentation CC 290000 290000 0 117964.16 6 mo int on 80% 831078125 838.46 6/1/2007 92300 92252.95 Cash Out Refinance 10.75 Full Documentation B 142000 142000 0 92252.95 None 831078142 1425.25 6/1/2007 168000 167946.48 Purchase 9.99 Stated Income Documentation AA+ 210000 210000 210000 167973.35 6 mo int on 80% 831078163 1726.95 6/1/2007 185000 184860.06 Cash Out Refinance 10.75 Full Documentation AA+ 265000 265000 0 184930.34 None 831078179 2753.43 6/1/2007 396000 395770.3 Cash Out Refinance 8 Full Documentation A 440000 440000 0 395884.5 6 mo int on 80% 831078180 549.67 6/1/2007 78000 77934.93 Rate/Term Refinance 8.125 Full Documentation B 140000 140000 0 77978.46 6 mo int on 80% 831078200 979.78 6/1/2007 133650 133583.58 Cash Out Refinance 8.5 Stated Income Documentation AA 297000 297000 0 133616.91 6 mo int on 80% 831078203 2199.71 6/1/2007 292800 292425.3 Cash Out Refinance 8.25 Stated Income Documentation AA+ 370000 370000 0 292800 6 mo int on 80% 831078210 1524.09 6/1/2007 225250 224964.18 Cash Out Refinance 7.75 Full Documentation AA 265000 265000 0 225034.92 2 mo int on 66% if less than 8% 951003760 1267.17 7/1/2007 119600 119471.07 Rate/Term Refinance 12.4 Full Documentation CC 184000 184000 0 119535.87 1% of amt prepaid 951003820 1225.02 6/1/2007 157500 157407.01 Cash Out Refinance 8.625 Full Documentation B 210000 210000 0 157500 1% of amt prepaid 951003869 708.37 6/1/2007 76500 76440.88 Rate/Term Refinance 10.65 Full Documentation AA+ 85000 85000 0 76470.57 1% of amt prepaid 951003945 2690.87 6/1/2007 313200 313053.88 Cash Out Refinance 9.75 Full Documentation AA+ 350000 350000 0 313200 1% of amt prepaid 951004179 1604.16 7/1/2007 225000 224839.59 Cash Out Refinance 7.7 Stated Income Documentation AA+ 377000 350000 0 224839.59 3% / 2% / 1% 951004230 1488.72 6/1/2007 161100 160911.4 Rate/Term Refinance 10.625 Full Documentation AA+ 179000 179000 0 160974.82 1% of UPB 951004289 976.35 6/1/2007 100800 100765.71 Rate/Term Refinance 11.215 Full Documentation A 126000 126000 0 100800 1% of amt prepaid 951004454 867.96 7/1/2007 94500 94462.85 Purchase 10.55 Stated Income Documentation AA+ 120000 105000 105000 94500 1% of amt prepaid 951004493 967.02 6/1/2007 111600 111549.03 Purchase 9.85 Full Documentation AA+ 124000 124000 124000 111600 1% of amt prepaid 951004548 866.86 6/1/2007 121000 120828.65 Cash Out Refinance 7.75 Full Documentation AA+ 228000 228000 0 120914.6 6 mo int on 80% 951004573 3126.13 6/1/2007 379995 379798 Cash Out Refinance 9.25 Full Documentation AA+ 490000 490000 0 379995 3% / 2% / 1% 951004618 966.3 6/1/2007 118500 118374.04 Cash Out Refinance 9.15 Full Documentation AA+ 175000 175000 0 118437.26 1% of amt prepaid 951004631 1691.14 6/1/2007 196000 195818.32 Cash Out Refinance 9.8 Full Documentation B 245000 245000 0 195909.53 None 951004662 2647.78 7/1/2007 375000 374727.22 Cash Out Refinance 7.6 Stated Income Documentation AA+ 475000 475000 0 374727.22 6 mo int on 80% 951004683 1880.28 8/1/2007 231200 231076.84 Purchase 9.12 Stated Income Documentation AA 284000 284000 272000 231200 6 mo int on 80% 951004684 1047.53 6/1/2007 148000 147785.1 Cash Out Refinance 7.625 Full Documentation AA+ 193000 193000 0 147892.89 6 mo int on 80% 951004692 1101.96 7/1/2007 108550 108517.71 Cash Out Refinance 11.825 Stated Income Documentation CC 167000 167000 0 108550 PIF - 1% of OPB ; Partial - 1% of amt ppd 951004737 1570.3 6/1/2007 186750 186565.55 Cash Out Refinance 9.5 Full Documentation A 225000 225000 0 186658.14 2% of ppd amt 951004740 2656.47 6/1/2007 365500 365249.74 Cash Out Refinance 7.9 Stated Income Documentation AA+ 430000 430000 0 365500 6 mo int on 80% 951004763 1017.79 6/1/2007 120000 119883.96 Cash Out Refinance 9.6 Full Documentation AA+ 134000 134000 0 119942.21 1% of amt prepaid 951004783 1248.37 7/1/2007 173000 172879.73 Cash Out Refinance 7.825 Full Documentation C 320000 320000 0 173000 None 951004791 2403.04 6/1/2007 306850 306671.62 Cash Out Refinance 8.7 Stated Income Documentation AA+ 361000 330000 0 306850 3% / 2% / 1% 951004819 1230 6/1/2007 152080 152069.81 Cash Out Refinance 9.625 Stated Income Documentation AA+ 190100 175000 0 152080 3% / 2% / 1% 951004844 2763.02 6/1/2007 359996 359839.32 Cash Out Refinance 8.95 Stated Income Documentation AA+ 460000 460000 0 359917.95 None 951004845 1998.22 6/1/2007 254000 253853.86 Cash Out Refinance 8.75 Full Documentation A 600000 600000 0 254000 None 951004851 834.04 6/1/2007 110500 110360.02 Cash Out Refinance 8.3 Full Documentation AA+ 147000 147000 0 110430.25 1% of UPB 951004854 1050.73 6/1/2007 102150 102120.77 Purchase 12 Stated Income Documentation AA+ 114000 114000 113500 102150 1% of amt prepaid 951004858 3102.69 7/1/2007 398000 397766.23 Cash Out Refinance 8.65 Stated Income Documentation AA+ 675000 675000 0 397766.23 None 951004864 2088.29 5/1/2007 199800 199690.46 Rate/Term Refinance 12.215 Full Documentation AA 222000 222000 0 199800 6 mo int on 80% 951004867 2841.45 7/1/2007 371250 371022.77 Cash Out Refinance 8.45 Full Documentation AA+ 495000 495000 0 371022.77 None 951004925 1196.53 6/1/2007 126900 126503.86 Rate/Term Refinance 10.875 Full Documentation AA+ 141000 141000 0 126553.5 None 951004927 1124.96 6/1/2007 125800 125746.96 Cash Out Refinance 10.225 Stated Income Documentation AA+ 148000 148000 0 125800 1% of UPB 951004930 2061.84 6/1/2007 248000 247874.63 Cash Out Refinance 9.37 Stated Income Documentation AA 315000 315000 0 248000 None 951004941 1649.31 7/1/2007 169150 169036.51 Rate/Term Refinance 11.3 Full Documentation AA+ 199000 199000 0 169093.52 6 mo int on 80% 951004943 1122.19 6/1/2007 135000 135000 Purchase 9.975 Full Documentation AA+ 179000 179000 150000 135000 3% / 2% / 1% 951004955 3722.91 6/1/2007 448000 447945.96 Cash Out Refinance 9.9 Stated Income Documentation AA+ 560000 560000 0 447973.09 6 mo int on 80% 951004973 3272.26 6/1/2007 405900 405747.81 Cash Out Refinance 9.45 Business Bank Statements AA+ 451000 451000 0 405824.2 1% of UPB 951004981 1183.33 6/1/2007 125000 124954.69 Cash Out Refinance 10.925 Stated Income Documentation AA+ 232000 190000 0 125000 3% / 2% / 1% 951004992 1663.83 7/1/2007 220500 220480.73 Cash Out Refinance 8.95 Full Documentation A 294000 265000 0 220500 1% of amt prepaid 951005003 975.32 6/1/2007 117005 116946.22 Cash Out Refinance 9.4 Full Documentation AA+ 175000 175000 0 117005 3% / 2% / 1% 951005007 3425.28 6/1/2007 333000 332904.72 Cash Out Refinance 12 Stated Income Documentation AA+ 370000 370000 0 333000 3% / 2% / 1% 951005030 1174.51 6/1/2007 148750 148750 Purchase 9.475 Full Documentation AA+ 186000 175000 175000 148750 3% / 2% / 1% 951005035 2379.46 7/1/2007 315250 314850.66 Cash Out Refinance 8.3 No Documentation AA+ 485000 485000 0 315051.02 None 951005041 1154.15 6/1/2007 128000 127847.66 Cash Out Refinance 10.325 Full Documentation AA+ 160000 160000 0 127901.33 None 951005048 1356.58 7/1/2007 160500 160404.83 Cash Out Refinance 9.95 Full Documentation AA 214000 214000 0 160404.83 6 mo int on 80% 951005059 2043.08 7/1/2007 315000 314728.8 Cash Out Refinance 6.75 Full Documentation AA+ 600000 600000 0 314728.8 6 mo int on 80% 951005102 1286.82 6/1/2007 198400 198057.4 Cash Out Refinance 6.75 Full Documentation AA+ 248000 248000 0 198229.18 None 951005110 1642.96 7/1/2007 301000 301000 Cash Out Refinance 6.55 Stated Income Documentation AA+ 430000 430000 0 301000 1% of amt ppd if loan greater than $150K 951005153 1750.77 6/1/2007 186000 185450.48 Cash Out Refinance 7.75 Full Documentation AA+ 450000 450000 0 186000 6 mo int on 80% 951005171 2192.95 6/1/2007 275000 274846.63 Cash Out Refinance 8.9 Stated Income Documentation AA+ 352000 352000 0 275000 None 951005187 2491.31 6/1/2007 264750 264652.47 Purchase 10.85 Stated Income Documentation AA+ 400000 400000 353000 264750 None 951005198 999.47 6/1/2007 112000 111952.53 Purchase 10.2 Full Documentation A 146000 146000 140000 112000 3% / 2% / 1% 951005202 1203.4 6/1/2007 145000 144926.39 Cash Out Refinance 9.35 Stated Income Documentation AA+ 275000 275000 0 145000 None 951005206 3221.15 6/1/2007 350000 349958.02 Cash Out Refinance 10.9 Stated Income Documentation B 468000 468000 0 350000 None 951005207 3409.85 6/1/2007 331500 331405.15 Purchase 12 Stated Income Documentation AA+ 390000 390000 390000 331500 1% of amt prepaid 951005224 2479.89 6/1/2007 270000 269893.86 Purchase 10.55 Stated Income Documentation AA+ 300000 300000 300000 270000 None 951005251 2192.08 6/1/2007 250000 249889.17 Cash Out Refinance 9.99 Stated Income Documentation AA+ 500000 500000 0 250000 None 951005265 1840.17 6/1/2007 269750 269539.57 Cash Out Refinance 7.25 Full Documentation AA+ 415000 415000 0 269750 None 951005279 2026.85 6/1/2007 225250 225156.55 Cash Out Refinance 10.3 Business Bank Statements AA+ 265000 265000 0 225250 None 951005300 941.13 7/1/2007 153000 152973.68 Rate/Term Refinance 7.175 Full Documentation AA+ 195000 195000 0 153000 1% of amt ppd if loan greater than $150K 951005310 1933.47 6/1/2007 263500 263323.2 Cash Out Refinance 8 Full Documentation AA+ 310000 310000 0 263500 6 mo int on 80% 951005464 1191.57 6/1/2007 117600 117564.83 Purchase 11.8 Full Documentation B 147000 144000 147000 117600 1% of amt prepaid 951005474 1342.21 7/1/2007 171000 170901.1 Cash Out Refinance 8.725 Business Bank Statements AA+ 190000 190000 0 170901.1 3% / 2% / 1% 951005523 1334.68 6/1/2007 142120 142067.36 Purchase 10.825 Stated Income Documentation AA+ 169000 160000 167200 142120 3% / 2% / 1% 951006201 2215.31 6/1/2007 382500 382500 Cash Out Refinance 6.95 Full Documentation AA+ 460000 460000 0 382500 None 961077142 759.99 6/1/2007 122250 122249.98 Cash Out Refinance 7.46 Stated Income Documentation AA+ 163000 163000 0 122249.98 6 mo int on 80% 961077678 945.86 6/1/2007 127500 127407.78 Rate/Term Refinance 8.615 Full Documentation AA+ 150000 150000 0 127438.74 6 mo int on 80% 961077682 933.9 7/1/2007 132000 132000 Cash Out Refinance 8.49 Stated Income Documentation AA+ 224000 224000 0 132000 6 mo int on 80% 961077687 2455.87 5/1/2007 335000 334664.65 Cash Out Refinance 8.5 Stated Income Documentation A 425000 425000 0 334833.51 6 mo int on 80% 961077801 1606.42 6/1/2007 248000 247828.77 Cash Out Refinance 7.36 Full Documentation AA+ 335000 335000 0 248000 6 mo int on 80% 961077817 3553.12 6/1/2007 352000 351677.5 Purchase 11.75 Stated Income Documentation A 456000 456000 440000 351786.05 None 961077826 2391.71 6/1/2007 312000 311879.21 Cash Out Refinance 9.1 Stated Income Documentation AA 380000 380000 0 311905.64 6 mo int on 80% 961077859 1963.88 6/1/2007 275000 274852.99 Cash Out Refinance 8.25 Stated Income Documentation A 405000 405000 0 274926.75 6 mo int on 80% 961077860 1048.04 7/1/2007 162000 161679.14 Rate/Term Refinance 6.725 Stated Income Documentation AA+ 240000 240000 0 161858.85 6 mo int on 80% 961077891 1260.41 6/1/2007 198750 198750 Cash Out Refinance 7.61 Stated Income Documentation AA+ 265000 265000 0 198750 6 mo int on 80% 961077892 2414.91 6/1/2007 283500 283228.72 Cash Out Refinance 9.65 Stated Income Documentation A 405000 405000 0 283364.9 6 mo int on 80% 961077908 1225.35 6/1/2007 165600 165519.85 Rate/Term Refinance 8.59 Stated Income Documentation AA+ 207000 207000 0 165560.07 6 mo int on 80% 961077909 944.83 6/1/2007 131250 131066 Cash Out Refinance 7.8 Stated Income Documentation AA+ 175000 175000 0 131158.3 6 mo int on 80% 961077926 1742.68 6/1/2007 216000 215919.2 Cash Out Refinance 9.458 Stated Income Documentation AA+ 270000 270000 0 215959.76 2% of ppd amt 961077927 995.89 7/1/2007 136500 136313.96 Cash Out Refinance 7.94 Stated Income Documentation AA+ 203500 203500 0 136407.29 6 mo int on 80% 961077938 1862.36 6/1/2007 325000 324397.93 Cash Out Refinance 6.325 Full Documentation AA+ 836000 836000 0 324549.64 6 mo int on 80% 961077939 1396.96 6/1/2007 134500 134386.69 Cash Out Refinance 12.13 Full Documentation CC 207000 207000 0 134424.84 6 mo int on 80% 961077948 1305.88 7/1/2007 171000 170847.8 Cash Out Refinance 8.9 Full Documentation AA 190000 190000 0 170886.27 None 961077949 686.27 6/1/2007 105000 104640.62 Cash Out Refinance 6.825 Stated Income Documentation AA 239000 239000 0 104731.23 6 mo int on 80% 961077950 1468.91 7/1/2007 194400 194273.11 Cash Out Refinance 8.963 Full Documentation A 216000 216000 0 194315.72 None 961077951 1522.39 7/1/2007 225000 224720.21 Cash Out Refinance 7.75 Full Documentation AA+ 252000 252000 0 224860.99 2 mo int on 66% if less than 8% 961077960 1910.9 5/1/2007 246500 246290.13 Cash Out Refinance 9.05 Full Documentation A 290000 290000 0 246395.85 6 mo int on 80% 961077961 1924.38 6/1/2007 246400 246194.82 Cash Out Refinance 9.125 Lite Documentation C 308000 308000 0 246246.7 None 961077962 799.32 6/1/2007 84000 83939 Cash Out Refinance 10.99 Stated Income Documentation AA 132000 132000 0 84000 6 mo int on 80% 961077964 3144.01 6/1/2007 408000 407735.81 Cash Out Refinance 8.99 Stated Income Documentation AA+ 512000 512000 0 407912.59 6 mo int on 80% 961077965 1550.22 6/1/2007 275000 274878.39 Cash Out Refinance 6.5 Full Documentation AA 380000 380000 0 274939.36 6 mo int on 80% 961077978 1049.57 6/1/2007 136500 136334.02 Cash Out Refinance 8.5 Full Documentation AA 185000 185000 0 136417.3 6 mo int on 80% 961077979 1319.41 6/1/2007 195000 194757.52 Cash Out Refinance 7.75 Full Documentation AA 250000 250000 0 194818.73 6 mo int on 80% 961077980 797.44 6/1/2007 100000 99831.44 Cash Out Refinance 8.9 Full Documentation AA+ 330000 330000 0 99888.04 6 mo int on 80% 961077999 1938.75 6/1/2007 242250 241969.69 Cash Out Refinance 8.94 Stated Income Documentation AA+ 323000 323000 0 242104.76 6 mo int on 80% 961078000 3252.17 6/1/2007 406000 405322.71 Cash Out Refinance 8.95 Stated Income Documentation AA+ 580000 580000 0 405550.15 6 mo int on 80% 961078001 863.81 7/1/2007 105000 104890.71 Cash Out Refinance 9.25 Full Documentation A 140000 140000 0 104890.71 6 mo int on 80% 961078002 1542.32 7/1/2007 237500 236933.15 Cash Out Refinance 6.762 Full Documentation AA+ 415000 415000 0 236933.15 6 mo int on 80% 961078010 1499.27 7/1/2007 187000 186793.23 Cash Out Refinance 8.96 Full Documentation AA+ 268000 268000 0 186793.23 6 mo int on 80% 961078011 2047.64 6/1/2007 250000 249737.05 Cash Out Refinance 9.2 Stated Income Documentation B 388000 388000 0 249869.03 6 mo int on 80% 961078072 1401.91 6/1/2007 212000 211469.42 Cash Out Refinance 6.94 Stated Income Documentation AA+ 570000 570000 0 211647.3 6 mo int on 80% 961078096 1277.15 6/1/2007 170000 169779.24 Cash Out Refinance 8.25 Stated Income Documentation AA+ 430000 430000 0 169888.41 6 mo int on 80% 961078161 1206.07 8/1/2007 151500 151439.99 Cash Out Refinance 9.32 Full Documentation AA+ 202000 202000 0 151469.65 6 mo int on 80% 961078164 1294.85 6/1/2007 160000 159940.73 Cash Out Refinance 9.49 Full Documentation B 200000 200000 0 159970.48 6 mo int on 80% 961078213 1019.01 6/1/2007 102900 102833.91 Cash Out Refinance 11.5 Full Documentation CC 147000 147000 0 102900 2% of ppd amt 961078214 946.19 6/1/2007 93100 93072.4 Cash Out Refinance 11.84 Stated Income Documentation C 133000 133000 0 93100 6 mo int on 80% 961078270 1770.17 6/1/2007 220000 219636.78 Cash Out Refinance 9 Stated Income Documentation AA+ 315000 315000 0 219758.76 6 mo int on 80% ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1,603 346,964,222.85 346,745,441.42 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 061082188 913.09 6/1/2007 105600 105551.51 Purchase 9.825 Stated Income Documentation AA+ 132000 132000 132000 105600 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082272 1415.03 6/1/2007 179055 178953.04 Purchase 8.8 Full Documentation AA+ 206500 206500 198951 179055 6 mo int on 80% 061082300 2392.71 6/1/2007 258400 258300.59 Purchase 10.65 Full Documentation AA+ 304000 304000 304000 258400 6 mo int on 80% 061082391 574.86 6/1/2007 56950 56932.78 Rate/Term Refinance 11.75 Stated Income Documentation AA+ 67000 67000 0 56950 6 mo int on 80% 061082392 592.02 6/1/2007 58650 58632.26 Rate/Term Refinance 11.75 Stated Income Documentation AA+ 69000 69000 0 58650 6 mo int on 80% 061082486 644.26 6/1/2007 66592 66569.27 Purchase 11.2 Full Documentation AA+ 96000 96000 74000 66592 None 061082530 749.92 7/1/2007 78000 77776.58 Rate/Term Refinance 8.1 Full Documentation AA+ 178000 178000 0 77776.58 6 mo int on 80% 061082571 748.83 6/1/2007 76500 76474.73 Purchase 11.35 Business Bank Statements AA+ 90000 90000 90000 76500 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082676 1408.28 6/1/2007 204000 203844.62 Purchase 7.37 Full Documentation AA+ 283000 283000 255000 204000 6 mo int on 80% 061082686 1261.76 6/1/2007 125000 124962.2 Rate/Term Refinance 11.75 Full Documentation CC 195000 195000 0 125000 6 mo int on 80% 061082705 795.71 6/1/2007 79190 79141.23 Purchase 11.69 Full Documentation AA 88000 88000 88000 79165.73 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082778 1043.69 6/1/2007 111000 110975.26 Rate/Term Refinance 11.15 Full Documentation AA+ 132000 132000 0 110987.69 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082811 633.51 6/1/2007 63000 62980.74 Purchase 11.7 Full Documentation AA+ 72000 72000 70000 63000 None 061082871 522.37 6/1/2007 53994 53975.57 Cash Out Refinance 11.2 Full Documentation AA+ 73000 60000 0 53994 None 061082936 825.39 6/1/2007 81000 80976.17 Cash Out Refinance 11.875 Stated Income Documentation AA+ 90000 90000 0 81000 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082953 538.98 6/1/2007 58500 58477.19 Purchase 10.588 Full Documentation AA+ 70000 65000 65000 58500 6 mo int on 80% 061082988 1294.64 6/1/2007 177280 176667.51 Purchase 7.95 Full Documentation AA+ 197000 197000 197000 176790.91 PIF - 1% of OPB ; Partial - 1% of amt ppd 061082999 510.12 6/1/2007 50250 50235.05 Cash Out Refinance 11.825 Stated Income Documentation AA+ 67000 67000 0 50250 None 061083020 802.49 7/1/2007 79200 79176.31 Purchase 11.8 Stated Income Documentation AA+ 96900 88000 88000 79200 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083072 527.68 6/1/2007 51300 51285.32 Xxxxxxxx 00 Xxxx Xxxxxxxxxxxxx X 59000 57000 57000 51300 6 mo int on 80% 061083102 795.22 6/1/2007 77600 77577.55 Purchase 11.95 Stated Income Documentation AA 97000 90000 97000 77600 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083229 679.6 6/1/2007 100000 99921.4 Cash Out Refinance 7.212 Full Documentation A 135000 135000 0 100000 6 mo int on 80% 061083305 780.22 6/1/2007 93600 93552.98 Purchase 9.4 Full Documentation AA+ 117000 110000 117000 93600 PIF - 1% of OPB ; Partial - 1% of amt ppd 061083318 782.27 7/1/2007 82800 82769.83 Rate/Term Refinance 10.9 Full Documentation AA+ 92000 92000 0 82769.83 6 mo int on 80% 061083323 579.54 6/1/2007 57800 57782.18 Purchase 11.662 Full Documentation AA+ 68000 68000 68000 57800 None 111003329 2824.1 7/1/2007 394200 393641.75 Purchase 7.75 Full Documentation AA+ 438000 438000 438000 393921.77 6 mo int on 80% 111003330 1997.09 7/1/2007 344000 343846.46 Cash Out Refinance 6.431 Full Documentation AA+ 430000 430000 0 343846.46 6 mo int on 80% 111003368 1000.77 6/1/2007 127500 127426.26 Purchase 8.725 Full Documentation AA+ 150000 150000 150000 127500 6 mo int on 80% 111003452 1892.64 6/1/2007 327250 327102.69 Cash Out Refinance 6.4 Full Documentation A 385000 385000 0 327250 6 mo int on 80% 111003458 1804.83 7/1/2007 297004 296723.08 Cash Out Refinance 6.81 Full Documentation AA+ 410000 410000 0 296863.94 6 mo int on 80% 111003469 5623.33 6/1/2007 749999 749864.33 Cash Out Refinance 8.89 Stated Income Documentation AA+ 950000 950000 0 749931.91 6 mo int on 80% 111003511 4542.03 6/1/2007 702000 701757.72 Cash Out Refinance 7.35 Full Documentation AA+ 780000 780000 0 702000 6 mo int on 80% 111003517 2486.15 6/1/2007 371520 371402.29 Cash Out Refinance 7.65 Full Documentation AA+ 575000 575000 0 371520 None 111003528 1357.29 7/1/2007 216990 216789.82 Cash Out Refinance 6.4 Full Documentation A 480000 480000 0 216789.82 6 mo int on 80% 121054554 3196.64 6/1/2007 430525 430243.37 Cash Out Refinance 8.125 Full Documentation AA 506500 460000 0 430525 2 mo int or 60 days int on UPB 121054711 2860.68 6/1/2007 288873 288687.49 Purchase 11.5 Stated Income Documentation AA+ 324000 324000 320970 288780.69 None 121054886 5170.55 6/1/2007 607000 606710.74 Rate/Term Refinance 9.65 Full Documentation AA 730000 730000 0 607000 2 mo int or 60 days int on UPB 151041759 1160.88 6/1/2007 111000 110875.12 Cash Out Refinance 11.2 Full Documentation B 355000 355000 0 111000 6 mo int on 80% 151042471 980.66 7/1/2007 115200 115186.74 Purchase 10.15 Full Documentation AA+ 220000 220000 128000 115193.4 None 151042599 1010.6 7/1/2007 105700 105662.72 Rate/Term Refinance 11.05 Full Documentation AA 130000 130000 0 105700 6 mo int on 80% 151043280 5044.04 7/1/2007 649995 649220.75 Cash Out Refinance 8.6 Stated Income Documentation AA+ 870000 870000 0 649609.26 6 mo int on 80% 151043438 4134.2 7/1/2007 463200 463075.66 Purchase 10.55 Stated Income Documentation AA+ 580000 580000 579000 463138.1 None 151043556 1116.61 7/1/2007 104700 104646 Purchase 12.49 Full Documentation AA 117000 117000 116375 104673.14 None 151043559 1413.55 6/1/2007 160400 160329.8 Purchase 10.05 Stated Income Documentation AA+ 200500 200500 200500 160400 6 mo int on 80% 151043646 685.8 6/1/2007 86000 85903.71 Cash Out Refinance 8.9 Full Documentation A 125000 125000 0 85952.03 6 mo int on 80% 151043773 1930.16 6/1/2007 220500 220203.03 Purchase 9.97 Stated Income Documentation AA+ 255000 245000 245000 220401.83 None 151043917 862.66 6/1/2007 104400 104346.44 Cash Out Refinance 9.3 Full Documentation B 130500 130500 0 104400 None 151043972 1681.36 6/1/2007 232000 231679.3 Cash Out Refinance 7.87 Stated Income Documentation AA 290000 290000 0 231840.17 6 mo int on 80% 151044058 2004.52 6/1/2007 315000 314951.11 Purchase 7.45 Business Bank Statements AA+ 465000 465000 454000 315000 None 151044307 957.56 7/1/2007 130500 130324.3 Cash Out Refinance 8 Full Documentation AA+ 145000 145000 0 130412.44 6 mo int on 80% 151044336 2459.5 6/1/2007 292500 292356.13 Purchase 9.5 Full Documentation AA+ 327000 327000 325000 292500 None 151044356 6982.25 6/1/2007 845000 844566.5 Cash Out Refinance 9.3 Business Bank Statements AA+ 1300000 1300000 0 845000 None 151044358 3889.08 6/1/2007 420000 419838.42 Cash Out Refinance 10.65 Business Bank Statements AA+ 560000 560000 0 420000 None 151044366 4365.03 6/1/2007 499500 499276.66 Purchase 9.95 Stated Income Documentation AA+ 555000 555000 555000 499500 None 151044377 3762.11 6/1/2007 460000 459835.12 Cash Out Refinance 9.6 Stated Income Documentation AA+ 650000 590000 0 459917.89 None 151044379 495.26 6/1/2007 50400 50366.92 Purchase 11.4 Stated Income Documentation AA+ 63000 63000 63000 50383.54 6 mo int on 80% 151044391 1164.46 6/1/2007 164800 164709.31 Cash Out Refinance 8.15 Full Documentation AA+ 206000 206000 0 164754.81 6 mo int on 80% 151044464 988.5 7/1/2007 140000 139898.17 Cash Out Refinance 7.6 Full Documentation AA+ 182000 182000 0 139898.17 6 mo int on 80% 151044566 2148.68 6/1/2007 263500 263360.51 Purchase 9.15 Full Documentation AA+ 325000 325000 310000 263500 None 151044571 2765.7 6/1/2007 331200 331160.84 Purchase 9.95 Full Documentation AA+ 373000 373000 373000 331180.5 None 151044572 4326.5 6/1/2007 550000 549917.52 Cash Out Refinance 9.35 Stated Income Documentation AA+ 650000 650000 0 549958.92 None 151044605 4427.13 6/1/2007 517500 517256 Cash Out Refinance 9.7 Stated Income Documentation AA+ 575000 575000 0 517500 None 151044606 815.05 7/1/2007 106000 105935.78 Cash Out Refinance 8.5 Full Documentation AA+ 138000 138000 0 106000 6 mo int on 80% 151044659 1048.82 7/1/2007 112500 112487.12 Purchase 11.05 Stated Income Documentation AA+ 125000 125000 125000 112500 6 mo int on 80% 151044662 2508.73 5/1/2007 292000 291726.43 Purchase 9.75 Stated Income Documentation AA+ 365000 365000 365000 292000 None 151044665 2224.38 6/1/2007 266850 266715.95 Purchase 9.4 Full Documentation AA+ 297000 297000 296500 266850 None 151044724 840.11 7/1/2007 82600 82575.57 Cash Out Refinance 11.85 Stated Income Documentation A 118000 112000 0 82600 6 mo int on 80% 151044729 3563.06 7/1/2007 425500 425429.59 Cash Out Refinance 9.85 Business Bank Statements AA+ 501000 501000 0 425500 None 151044748 1900.87 6/1/2007 214497.5 214438.48 Purchase 10.47 Stated Income Documentation AA+ 274000 274000 252350 214468.12 None 151044864 910.26 7/1/2007 100000 99959.74 Cash Out Refinance 10.44 Full Documentation B 145000 145000 0 99959.74 6 mo int on 80% 151044880 3060.12 6/1/2007 297500 297414.88 Purchase 12 Stated Income Documentation AA 350000 350000 350000 297500 None 161053902 7264.46 6/1/2007 1170000 1169388.15 Cash Out Refinance 7.25 Full Documentation AA+ 2175000 1800000 0 1169586.36 None 161054338 3508.82 6/1/2007 444000 443747.18 Rate/Term Refinance 8.8 Stated Income Documentation AA+ 635000 635000 0 444000 None 161054348 1238.78 6/1/2007 160000 159904.55 Cash Out Refinance 8.575 Full Documentation A 300000 275000 0 160000 None 161054506 5459 7/1/2007 630000 629712.25 Cash Out Refinance 9.85 Business Bank Statements AA+ 900000 725000 0 630000 None 161054527 2191.02 6/1/2007 264000 263865.98 Cash Out Refinance 9.35 Stated Income Documentation AA+ 380000 330000 0 264000 None 161054540 6379.5 6/1/2007 800000 799553.83 Rate/Term Refinance 8.9 Stated Income Documentation AA+ 1000000 1000000 0 800000 None 161054599 4422.29 7/1/2007 506700 506626.88 Cash Out Refinance 10.3 Full Documentation A 563000 563000 0 506626.88 None 161054668 2949.34 6/1/2007 337500 337349.1 Purchase 9.95 Full Documentation AA+ 385000 385000 375000 337500 None 171043665 1558.21 6/1/2007 175500 175492.04 Purchase 10.6 Stated Income Documentation AA+ 195000 195000 195000 175500 None 171043712 1670.27 6/1/2007 228600 228554.94 Purchase 8.65 Stated Income Documentation AA+ 254000 254000 254000 228577.55 6 mo int on 80% 171043837 1593.77 7/1/2007 273550 273488.72 Purchase 6.75 Stated Income Documentation AA+ 307000 307000 303944 273550 6 mo int on 80% 171043970 1118.51 6/1/2007 133600 133533.59 Cash Out Refinance 9.45 Full Documentation C 167000 167000 0 133600 6 mo int on 80% 171043974 3373.56 6/1/2007 465000 464881.44 Cash Out Refinance 8.4 Full Documentation AA+ 520000 520000 0 465000 6 mo int on 80% 171044059 1008.86 6/1/2007 151600 151551.27 Cash Out Refinance 7.6 Full Documentation A 205000 205000 0 151600 6 mo int on 80% 171044083 1498.68 6/1/2007 275000 274933.61 Cash Out Refinance 6.25 Full Documentation AA+ 550000 550000 0 275000 6 mo int on 80% 171044192 1246.28 6/1/2007 180000 179863.72 Rate/Term Refinance 7.4 Full Documentation AA+ 225000 225000 0 180000 6 mo int on 80% 171044248 1420.1 6/1/2007 188800 188756.57 Cash Out Refinance 8.75 Full Documentation AA 236000 236000 0 188800 None 171044291 1551.95 7/1/2007 223596 223258.06 Purchase 7.425 Full Documentation AA+ 280000 280000 279495 223427.55 6 mo int on 80% 171044318 1636.71 7/1/2007 237957 237816.22 Purchase 7.9 Stated Income Documentation AA+ 300000 300000 297447 237886.84 6 mo int on 80% 171044343 2198.3 6/1/2007 324000 323959 Purchase 7.99 Full Documentation AA+ 360000 360000 360000 324000 6 mo int on 80% 171044366 1083.31 8/1/2007 157500 157453.56 Cash Out Refinance 7.9 Full Documentation AA 210000 210000 0 157500 6 mo int on 80% 171044385 1952.67 6/1/2007 290009 289776.81 Cash Out Refinance 7.119 Full Documentation AA 395000 395000 0 290009 6 mo int on 80% 171044405 4777.94 6/1/2007 720000 719902.06 Cash Out Refinance 7.8 Full Documentation AA+ 825000 825000 0 720000 None 191038570 1153.03 6/1/2007 152000 151973.84 Purchase 9 Full Documentation AA+ 210000 210000 190000 152000 6 mo int on 80% 191038851 1003.37 6/1/2007 143500 143393.51 Cash Out Refinance 7.5 Stated Income Documentation AA+ 205000 205000 0 143500 6 mo int on 80% 191038986 2653.83 6/1/2007 395250 395146.12 Purchase 7.9 Full Documentation AA+ 470000 470000 465000 395198.23 None 191039079 6611.69 7/1/2007 900000 899659.87 Rate/Term Refinance 8.7 Stated Income Documentation AA 1200000 1200000 0 899780.73 6 mo int on 80% 191039104 3599.31 6/1/2007 477000 476916.31 Cash Out Refinance 8.95 Lite Documentation AA+ 530000 530000 0 476958.31 6 mo int on 80% 191039167 976.28 7/1/2007 128700 128688.97 Cash Out Refinance 9 Full Documentation AA+ 143000 143000 0 128688.97 6 mo int on 80% 191039173 967.77 6/1/2007 108900 108853.34 Purchase 10.15 Full Documentation AA+ 121000 121000 120000 108900 6 mo int on 80% 191039183 1323.56 6/1/2007 175500 175500 Purchase 9.05 Stated Income Documentation AA+ 228000 195000 195000 175500 None 191039221 2581.37 6/1/2007 321750 321689.01 Purchase 9.4 Full Documentation AA+ 364400 364400 357500 321750 6 mo int on 80% 191039300 1047.9 6/1/2007 100000 99972.93 Cash Out Refinance 12.25 Stated Income Documentation B 160000 160000 0 100000 6 mo int on 80% 191039304 4052.12 6/1/2007 510000 509900.38 Cash Out Refinance 9.3 Full Documentation AA+ 601000 601000 0 510000 6 mo int on 80% 191039334 3605.42 6/1/2007 438750 438672.86 Cash Out Refinance 9.65 Stated Income Documentation A 585000 585000 0 438750 6 mo int on 80% 191039353 1366.41 7/1/2007 200000 199975.26 Purchase 8.05 Full Documentation AA+ 309000 309000 308000 200000 6 mo int on 80% 191039394 3031.56 6/1/2007 436000 435875.11 Cash Out Refinance 8 Full Documentation A 562000 562000 0 436000 6 mo int on 80% 191039442 3074.12 7/1/2007 408700 408511.28 Purchase 8.75 Full Documentation AA+ 460000 460000 454115 408511.28 6 mo int on 80% 191039493 1531.1 6/1/2007 175950 175780.24 Purchase 9.9 Full Documentation AA+ 195950 195950 195950 175860.49 6 mo int on 80% 211054563 1741.56 6/1/2007 201500 201314 Cash Out Refinance 9.82 Full Documentation CC 310000 310000 0 201407.38 None 211055585 2921.88 6/1/2007 467500 467500 Cash Out Refinance 7.5 Full Documentation AA+ 550000 495000 0 467500 None 211056222 838.09 7/1/2007 108000 107935.91 Cash Out Refinance 8.6 Full Documentation AA 210900 210900 0 108000 2% of ppd amt 211056375 2595.08 6/1/2007 337500 337295.55 Cash Out Refinance 8.5 Full Documentation AA+ 375000 375000 0 337500 None 211056600 2046.74 6/1/2007 400000 399886.59 Cash Out Refinance 5.8 Full Documentation AA+ 475000 475000 0 400000 2 mo int on 66% if less than 8% 211057077 2302.71 6/1/2007 315800 315800 Purchase 8.75 Stated Income Documentation AA+ 491000 491000 394785 315800 6 mo int on 80% 211057140 2423.95 7/1/2007 309600 309229.69 Purchase 9.15 Full Documentation AA+ 393000 393000 344000 309415.55 None 211057306 2600.63 6/1/2007 452250 452155.59 Rate/Term Refinance 6.65 Full Documentation AA+ 603000 603000 0 452250 2 mo int on 66% if less than 8% 211057312 3354.75 6/1/2007 460000 459768.02 Cash Out Refinance 8.45 Stated Income Documentation AA+ 877000 877000 0 459884.42 None 211057369 1734.98 6/1/2007 276000 275910.77 Rate/Term Refinance 7.35 Full Documentation AA 345000 345000 0 275955.52 2 mo int on 66% if less than 8% 211057378 1113.48 7/1/2007 131850 131785.83 Purchase 9.55 Full Documentation AA+ 147000 147000 146500 131850 2% of ppd amt 211057396 1470.37 7/1/2007 206550 206494.5 Cash Out Refinance 8.22 Full Documentation AA 243000 243000 0 206550 None 211057435 5089.03 6/1/2007 650000 649733.43 Cash Out Refinance 9.15 Full Documentation A 900000 900000 0 649867.22 2% of ppd amt 211057448 1105.96 6/1/2007 144500 144411.56 Rate/Term Refinance 8.45 Full Documentation AA+ 170000 170000 0 144500 2% of ppd amt 211057577 2733.96 7/1/2007 337500 337375.34 Purchase 9.5 Full Documentation AA+ 375000 375000 375000 337375.34 None 211057648 2764.1 6/1/2007 484500 484396.61 Cash Out Refinance 6.59 Full Documentation AA+ 570000 570000 0 484500 2 mo int on 66% if less than 8% 211057771 2367.16 5/1/2007 260910 260697.2 Purchase 10.4 Stated Income Documentation AA+ 318000 318000 289900 260910 None 211057967 2531.16 6/1/2007 300163 300114.44 Purchase 9.925 Full Documentation AA 334000 334000 333515 300163 2% of ppd amt 211057983 4996.58 6/1/2007 649823 649429.33 Purchase 8.5 Business Bank Statements AA+ 726000 726000 722026 649823 2% of ppd amt 231092903 1352.97 7/1/2007 168300 168207.88 Purchase 8.99 Stated Income Documentation AA+ 192500 192500 187000 168207.88 None 231093204 3819.89 7/1/2007 563000 562852.35 Purchase 7.99 Stated Income Documentation AA+ 630000 630000 626460 563000 6 mo int on 80% 231093396 2332.51 6/1/2007 292500 292336.87 Purchase 8.9 Full Documentation AA+ 328000 328000 325000 292500 None 231093450 3361.5 7/1/2007 423000 422969.63 Cash Out Refinance 9.45 Stated Income Documentation AA+ 470000 470000 0 423000 None 231093495 476.16 7/1/2007 50000 49964.18 Cash Out Refinance 11 Stated Income Documentation AA+ 94000 94000 0 49982.17 6 mo int on 80% 231093574 1825.51 6/1/2007 289520 289413.52 Purchase 7.125 No Documentation AA+ 363000 363000 361900 289520 2% of ppd amt 231093694 951.43 6/1/2007 109800 109749.85 Purchase 9.85 Full Documentation AA+ 130000 130000 122000 109800 None 231093718 3142.23 6/1/2007 436500 436195.02 Cash Out Refinance 7.8 Stated Income Documentation AA+ 485000 485000 0 436500 None 231093994 6501.61 7/1/2007 834000 833510.14 Cash Out Refinance 8.65 Stated Income Documentation AA+ 1400000 1400000 0 834000 None 231094012 2173.78 6/1/2007 288000 287818.22 Purchase 8.3 Full Documentation AA+ 322000 322000 320000 288000 None 231094015 7777.33 6/1/2007 955500 955326.86 Purchase 9.55 Stated Income Documentation AA+ 1400000 1400000 1365000 955500 None 231094047 6488.56 6/1/2007 740000 739671.94 Rate/Term Refinance 9.99 Stated Income Documentation AA+ 925000 925000 0 740000 6 mo int on 80% 231094085 2960.24 6/1/2007 318750 318738.2 Purchase 11.1 Stated Income Documentation AA+ 378000 378000 375000 318750 None 231094095 1577.05 7/1/2007 165600 165540.95 Purchase 11 Stated Income Documentation A 207000 207000 207000 165600 6 mo int on 80% 231094097 3707.93 6/1/2007 530300 529906.45 Cash Out Refinance 7.5 Full Documentation AA+ 640000 640000 0 530300 None 231094137 3902.62 6/1/2007 540000 539944.88 Cash Out Refinance 8.55 Full Documentation AA+ 600000 600000 0 540000 6 mo int on 80% 231094146 3023.46 6/1/2007 420000 419706.54 Purchase 7.8 Full Documentation AA+ 550000 550000 525000 420000 6 mo int on 80% 231094564 3643.79 6/1/2007 459000 458480.77 Cash Out Refinance 8.85 Full Documentation AA+ 510000 510000 0 458741.34 None 231094718 4421.93 6/1/2007 540000 539965.57 Cash Out Refinance 9.75 Stated Income Documentation AA+ 725000 600000 0 540000 None 231094789 2421.42 6/1/2007 269100 268988.36 Purchase 10.3 Stated Income Documentation AA 325000 325000 299000 269100 None 231094914 1710.55 7/1/2007 252000 251801.45 Cash Out Refinance 7.2 Full Documentation AA+ 280000 280000 0 252000 6 mo int on 80% 231094943 1518.73 6/1/2007 193050 192938.93 Purchase 8.75 Stated Income Documentation AA+ 222000 222000 214500 193050 None 231094958 6255.77 6/1/2007 734400 734050.03 Purchase 9.65 Stated Income Documentation AA+ 830000 830000 816000 734400 6 mo int on 80% 331052946 5039.09 6/1/2007 700000 699510.91 Purchase 7.8 Stated Income Documentation AA+ 975000 975000 935000 700000 6 mo int on 80% 331054492 3712.06 7/1/2007 485000 484703.15 Cash Out Refinance 8.45 Business Bank Statements AA+ 725000 725000 0 485000 6 mo int on 80% 331056014 4420.35 6/1/2007 620000 619557.98 Cash Out Refinance 7.7 Business Bank Statements A 1040000 1040000 0 620000 6 mo int on 80% 331056409 1956.6 6/1/2007 361500 361411.15 Cash Out Refinance 6.2 Full Documentation AA+ 545000 545000 0 361500 None 331056507 4106.31 6/1/2007 495000 494915.57 Purchase 9.75 Full Documentation AA+ 550000 530000 550000 495000 None 331056620 4603.28 6/1/2007 612000 611574.57 Purchase 8.75 Full Documentation AA+ 680000 680000 680000 611717.41 None 331056705 7571.64 6/1/2007 1062000 1061242.86 Purchase 7.7 Business Bank Statements AA+ 1800000 1800000 1770000 1062000 6 mo int on 80% 331056787 4739.29 6/1/2007 675000 674847.14 Cash Out Refinance 8.29 Stated Income Documentation AA+ 750000 750000 0 674923.83 None 331057040 3206.67 6/1/2007 436500 436415.61 Cash Out Refinance 8.7 Full Documentation AA+ 485000 485000 0 436457.96 None 331057163 5664.24 6/1/2007 720000 719168.5 Cash Out Refinance 8.75 Business Bank Statements AA+ 800000 800000 0 719585.76 6 mo int on 80% 331057208 4456.03 6/1/2007 696000 695893.97 Cash Out Refinance 7.5 Stated Income Documentation AA+ 870000 870000 0 696000 None 331057234 3614.53 6/1/2007 575000 574741.39 Cash Out Refinance 7.35 Full Documentation AA+ 725000 725000 0 574835.06 6 mo int on 80% 331057269 4450.6 6/1/2007 655200 655117.4 Purchase 8 Stated Income Documentation AA+ 750000 750000 728000 655200 6 mo int on 80% 331057290 5006.35 6/1/2007 749999 749898.89 Cash Out Refinance 7.85 Full Documentation AA+ 955000 955000 0 749999 None 331057319 4454.68 6/1/2007 688500 688262.38 Cash Out Refinance 7.35 Full Documentation AA+ 765000 765000 0 688500 None 331057378 1537.38 6/1/2007 205600 205467.55 Purchase 8.2 No Documentation AA+ 365000 257000 257000 205600 None 331057382 4741.33 6/1/2007 668250 667768.76 Purchase 7.65 Full Documentation AA+ 750000 750000 742500 668250 6 mo int on 80% 331057398 3325.76 6/1/2007 463250 463128.39 Cash Out Refinance 8.3 Stated Income Documentation AA+ 545000 545000 0 463250 None 331057413 4142.09 6/1/2007 553500 553370.79 Cash Out Refinance 8.7 Full Documentation B 615000 615000 0 553500 None 331057476 3445.15 6/1/2007 459000 458917.9 Cash Out Refinance 8.9 Full Documentation AA 510000 510000 0 459000 None 331057620 3311.98 7/1/2007 400500 400475.46 Purchase 9.85 Stated Income Documentation AA+ 445000 445000 445000 400500 6 mo int on 80% 331057623 2703.23 6/1/2007 435000 434834.27 Cash Out Refinance 7 Full Documentation AA+ 590000 590000 0 435000 None 331057741 4653.58 6/1/2007 620000 619944.75 Cash Out Refinance 8.9 Stated Income Documentation AA+ 730000 730000 0 620000 None 331057742 4598.47 6/1/2007 548550 548518.21 Purchase 9.99 Stated Income Documentation AA+ 620000 620000 609500 548550 None 331057743 4209.15 6/1/2007 552500 552158.35 Cash Out Refinance 8.4 Full Documentation A 650000 650000 0 552500 None 331057755 6650.25 6/1/2007 749700 749631.4 Purchase 10.59 Stated Income Documentation AA+ 860000 860000 833000 749665.85 None 331057826 5121.68 6/1/2007 660000 659608.32 Cash Out Refinance 8.6 Stated Income Documentation AA+ 825000 825000 0 660000 6 mo int on 80% 331057830 4403.66 6/1/2007 576000 575646.58 Cash Out Refinance 8.438 Stated Income Documentation AA+ 720000 720000 0 576000 6 mo int on 80% 331057841 1946.22 6/1/2007 206460 206307.93 Purchase 10.872 Stated Income Documentation AA+ 230000 230000 229900 206384.31 None 331057844 3893.02 7/1/2007 500000 499961.15 Cash Out Refinance 9.25 Stated Income Documentation AA+ 625000 625000 0 499961.15 None 331057852 3380.19 6/1/2007 562500 562396.37 Cash Out Refinance 6.99 Stated Income Documentation AA+ 750000 750000 0 562500 None 331057853 4904.03 6/1/2007 585000 584966.1 Cash Out Refinance 9.99 Stated Income Documentation AA+ 660000 660000 0 585000 6 mo int on 80% 331057874 1891.03 6/1/2007 323000 322858.55 Cash Out Refinance 6.5 Full Documentation AA+ 910000 910000 0 323000 6 mo int on 80% 331057980 5309.37 6/1/2007 840000 839240.63 Cash Out Refinance 6.5 Full Documentation AA+ 1240000 1000000 0 840000 6 mo int on 80% 331058001 6106.75 6/1/2007 720000 719653.25 Cash Out Refinance 9.6 Stated Income Documentation AA+ 900000 900000 0 720000 None 331058009 1327.61 6/1/2007 175200 175184.93 Rate/Term Refinance 8.99 Stated Income Documentation AA+ 219000 219000 0 175200 6 mo int on 80% 331058056 4835.66 7/1/2007 570000 569909.59 Cash Out Refinance 9.99 Stated Income Documentation AA+ 760000 655000 0 570000 None 331058067 2874.37 6/1/2007 446250 446183.29 Cash Out Refinance 7.55 Stated Income Documentation AA+ 595000 595000 0 446250 6 mo int on 80% 331058078 3847.78 7/1/2007 459000 458973.4 Purchase 9.99 Stated Income Documentation AA+ 510000 510000 510000 459000 6 mo int on 80% 331058081 3212.79 6/1/2007 514250 514165.56 Rate/Term Refinance 7.3 Full Documentation AA+ 605000 605000 0 514250 None 331058087 3790.55 6/1/2007 603000 602902.83 Cash Out Refinance 7.35 Full Documentation AA+ 670000 670000 0 603000 None 331058090 1913.17 6/1/2007 303000 302449.36 Cash Out Refinance 6.49 Full Documentation AA 470000 470000 0 302725.29 6 mo int on 80% 331058098 4390.27 6/1/2007 517500 517417.92 Purchase 9.99 Full Documentation AA 575000 560000 575000 517500 None 331058134 3364.54 6/1/2007 416000 415972.13 Purchase 9.625 Stated Income Documentation AA+ 520000 520000 520000 416000 None 331058232 3689.15 6/1/2007 508500 508370.35 Purchase 8.4 Stated Income Documentation AA 690000 690000 678000 508500 None 331058251 1763.11 6/1/2007 293400 293345.95 Cash Out Refinance 6.99 Full Documentation AA+ 326000 326000 0 293400 6 mo int on 80% 331058308 2262.25 7/1/2007 300000 299931.5 Purchase 8.775 Stated Income Documentation AA+ 541000 541000 540645 300000 6 mo int on 80% 331058459 2281.05 6/1/2007 265500 265376.14 Purchase 9.75 Stated Income Documentation AA+ 320000 320000 295000 265500 6 mo int on 80% 341044038 1481.52 6/1/2007 147050 146960.12 Purchase 11.725 Full Documentation AA+ 180000 180000 173000 147005.28 None 341044216 1297.4 7/1/2007 138150 138047.2 Purchase 10.825 Full Documentation AA+ 156000 156000 153500 138098.83 None 341044300 1550.56 7/1/2007 198900 198665.52 Purchase 8.65 Full Documentation AA+ 222000 222000 221000 198783.18 None 341044404 912.93 6/1/2007 115000 114869.92 Purchase 8.85 No Documentation AA+ 199900 199900 175000 114935.2 None 341044530 1085.32 6/1/2007 174800 174741.16 Cash Out Refinance 7.25 Full Documentation AA+ 218500 218500 0 174770.57 6 mo int on 80% 341044637 1414.15 6/1/2007 154912 154787.66 Purchase 10.475 Stated Income Documentation A 205000 205000 182250 154850.1 1% of amt ppd if loan greater than $150K 341044712 902.39 6/1/2007 103700 103605.89 Purchase 9.9 Full Documentation AA 225000 225000 150000 103653.14 6 mo int on 80% 341044797 734.76 7/1/2007 105600 105441.19 Cash Out Refinance 7.45 Full Documentation AA+ 132000 132000 0 105520.84 3% / 2% / 1% 341045046 2424.09 6/1/2007 306740 306565.34 Purchase 8.8 Full Documentation AA+ 380000 380000 360870 306740 6 mo int on 80% 341045114 1612.95 6/1/2007 193500 193402.8 Purchase 9.4 Stated Income Documentation AA+ 240000 240000 215000 193500 3% / 2% / 1% 351045901 1848.12 7/1/2007 246000 245843.13 Rate/Term Refinance 8.25 Stated Income Documentation AA+ 330500 290000 0 246000 6 mo int on 80% 351045910 1354.91 6/1/2007 151200 151136.59 Purchase 10.25 Stated Income Documentation AA+ 189000 189000 189000 151200 6 mo int on 80% 351046051 1079.83 7/1/2007 128700 128572.22 Purchase 9.475 Full Documentation AA+ 145000 145000 143000 128572.22 6 mo int on 80% 351046140 3960.79 6/1/2007 495900 495865.09 Purchase 9.5 Lite Documentation AA+ 555000 551000 551000 495900 6 mo int on 80% 351046169 3141.71 7/1/2007 456000 455651.29 Purchase 7.35 Full Documentation AA+ 580000 580000 570000 455651.29 6 mo int on 80% 351046235 1259.14 6/1/2007 175333 175209.87 Purchase 7.775 Full Documentation AA+ 225000 225000 219167 175333 6 mo int on 80% 371048441 1453.93 6/1/2007 162900 162856.27 Purchase 10.55 Stated Income Documentation AA+ 181000 181000 181000 162878.23 6 mo int on 80% 371048779 552.7 6/1/2007 77899 77842.91 Cash Out Refinance 7.65 Full Documentation AA+ 105000 105000 0 77899 6 mo int on 80% 371048852 1018.3 6/1/2007 157000 156712.27 Cash Out Refinance 6.75 Full Documentation AA+ 364000 364000 0 156848.3 6 mo int on 80% 371048853 957.02 7/1/2007 153000 152858.98 Cash Out Refinance 6.4 Full Documentation AA+ 242000 242000 0 153000 6 mo int on 80% 371048861 681.6 6/1/2007 107000 106904.67 Cash Out Refinance 6.575 Full Documentation AA+ 145000 145000 0 107000 6 mo int on 80% 371048869 1347.81 6/1/2007 135000 134833.44 Purchase 10.5 Stated Income Documentation AA+ 185000 185000 150000 135000 6 mo int on 80% 371049109 1603.3 6/1/2007 201600 201372.88 Cash Out Refinance 8.87 Full Documentation A 252000 252000 0 201486.86 2% of ppd amt 371049177 1196.63 8/1/2007 144500 143433.97 Cash Out Refinance 9.325 Full Documentation CC 230000 228000 0 144500 6 mo int on 80% 371049243 5409.09 6/1/2007 719996 719074.61 Cash Out Refinance 8.25 Stated Income Documentation AA+ 933000 933000 0 719536.88 6 mo int on 80% 371049290 863.5 6/1/2007 155250 155214.5 Rate/Term Refinance 6.4 Full Documentation AA+ 207000 207000 0 155250 6 mo int on 80% 371049300 1042.34 6/1/2007 140000 139966.83 Purchase 8.65 Stated Income Documentation AA+ 195000 190000 189990 140000 6 mo int on 80% 371049312 823.85 6/1/2007 111800 111772.73 Cash Out Refinance 8.55 Full Documentation B 172000 172000 0 111800 6 mo int on 80% 371049344 4496.14 6/1/2007 531250 530992.79 Cash Out Refinance 9.575 Stated Income Documentation AA+ 625000 594000 0 531250 6 mo int on 80% 371049413 1263.96 6/1/2007 152100 152090.87 Rate/Term Refinance 9.9 Full Documentation AA 169000 169000 0 152100 6 mo int on 80% 371049459 514.8 6/1/2007 82600 82568.75 Cash Out Refinance 7.025 Full Documentation AA+ 123000 123000 0 82600 6 mo int on 80% 371049471 2598.22 6/1/2007 384000 383881.78 Purchase 7.75 Stated Income Documentation AA+ 480000 480000 480000 384000 6 mo int on 80% 371049475 1148.46 6/1/2007 137000 136992.07 Cash Out Refinance 9.99 Full Documentation C 183000 183000 0 137000 6 mo int on 80% 371049508 989.28 6/1/2007 119200 119139.49 Cash Out Refinance 9.35 Full Documentation A 149000 149000 0 119200 6 mo int on 80% 371049526 816.44 6/1/2007 128500 128384.96 Cash Out Refinance 6.55 Full Documentation AA+ 208000 193000 0 128500 6 mo int on 80% 371049548 1493.98 6/1/2007 181600 181410.98 Purchase 9.25 Stated Income Documentation AA+ 227000 227000 227000 181505.85 6 mo int on 80% 371049563 761.88 7/1/2007 91800 91753.28 Cash Out Refinance 9.35 Full Documentation AA+ 102000 102000 0 91753.28 6 mo int on 80% 371049600 644.37 6/1/2007 75000 74965.01 Cash Out Refinance 9.75 Stated Income Documentation AA+ 120000 120000 0 75000 6 mo int on 80% 371049602 1392.31 6/1/2007 196000 195947.02 Cash Out Refinance 8.2 Stated Income Documentation AA+ 282000 282000 0 196000 6 mo int on 80% 371049603 673.77 6/1/2007 81900 81857.54 Rate/Term Refinance 9.25 Full Documentation AA+ 117000 117000 0 81900 6 mo int on 80% 371049629 2403.18 6/1/2007 319500 319426.51 Purchase 8.75 Stated Income Documentation AA+ 355000 345000 355000 319500 6 mo int on 80% 371049642 1507.79 6/1/2007 200700 200572.02 Purchase 8.25 Business Bank Statements AA+ 225000 225000 223000 200700 6 mo int on 80% 371049649 1029.68 7/1/2007 111200 111157.22 Purchase 10.65 Stated Income Documentation AA+ 180000 139000 139000 111200 6 mo int on 80% 371049654 1163.84 7/1/2007 144000 143922.16 Cash Out Refinance 9.05 Full Documentation AA+ 160000 160000 0 143922.16 6 mo int on 80% 371049690 1794.71 6/1/2007 193500 193477.43 Purchase 10.99 Stated Income Documentation AA+ 245000 245000 215000 193500 None 371049707 841.14 7/1/2007 126750 126645.59 Cash Out Refinance 6.975 Full Documentation C 195000 195000 0 126750 6 mo int on 80% 371049729 814.86 6/1/2007 88000 87966.14 Cash Out Refinance 10.65 Full Documentation AA 110000 110000 0 88000 6 mo int on 80% 371049767 844.5 6/1/2007 100000 99951.33 Cash Out Refinance 9.55 Stated Income Documentation A 225000 225000 0 100000 6 mo int on 80% 371049773 1125.31 6/1/2007 170000 169859.27 Cash Out Refinance 6.95 Full Documentation AA+ 209900 209900 0 170000 6 mo int on 80% 371049799 1200.78 6/1/2007 155000 154702.1 Cash Out Refinance 6.99 Full Documentation A 265000 265000 0 155000 6 mo int on 80% 371049808 534.93 7/1/2007 80000 79935.07 Cash Out Refinance 7.05 Full Documentation AA+ 145000 135000 0 79935.07 6 mo int on 80% 371049880 1508.47 7/1/2007 238500 238462.28 Purchase 7.4 Full Documentation AA+ 265000 265000 265000 238500 6 mo int on 80% 371049921 1234.35 7/1/2007 153000 152989.65 Cash Out Refinance 9.6 Full Documentation AA 170000 170000 0 153000 6 mo int on 80% 371049954 1759.27 7/1/2007 247500 247472.11 Cash Out Refinance 8.4 Full Documentation C 330000 298000 0 247500 6 mo int on 80% 371049982 2232.81 7/1/2007 285300 285277.83 Purchase 9.3 Stated Income Documentation AA+ 330000 315000 317000 285277.83 6 mo int on 80% 371050005 981.36 6/1/2007 140009 139905.61 Cash Out Refinance 7.525 Full Documentation AA+ 231000 231000 0 140009 6 mo int on 80% 411004122 1115.91 6/1/2007 145800 145710.77 Cash Out Refinance 8.45 Full Documentation AA+ 162000 162000 0 145800 6 mo int on 80% 411004457 1015.78 6/1/2007 126000 125976.47 Rate/Term Refinance 9.45 Full Documentation AA+ 144000 144000 0 126000 6 mo int on 80% 411004477 1619.71 7/1/2007 225000 224842.79 Cash Out Refinance 7.8 Full Documentation AA+ 300000 300000 0 225000 2% of ppd amt 411004519 850.42 6/1/2007 110600 110533 Cash Out Refinance 8.5 Full Documentation B 158000 158000 0 110600 6 mo int on 80% 411004626 2308.41 6/1/2007 420700 420600.27 Rate/Term Refinance 6.3 Stated Income Documentation AA+ 650000 650000 0 420700 6 mo int on 80% 411004631 539.72 6/1/2007 69550 69508.72 Cash Out Refinance 8.6 Full Documentation AA+ 108500 108500 0 69550 None 411004715 3156.04 7/1/2007 425000 424960.63 Rate/Term Refinance 8.8 Stated Income Documentation AA+ 500000 500000 0 425000 None 421004200 519.88 5/1/2007 58500 58449.65 Cash Out Refinance 10.15 Stated Income Documentation AA+ 65000 65000 0 58500 6 mo int on 80% 421004223 644.33 6/1/2007 86100 86079.9 Cash Out Refinance 8.7 Full Documentation AA+ 123000 123000 0 86100 1% of amt prepaid 421004244 865.24 7/1/2007 103800 103695.31 Cash Out Refinance 9.4 Full Documentation AA+ 173000 173000 0 103747.86 None 421004274 849.15 7/1/2007 100000 99984.18 Cash Out Refinance 10 Full Documentation AA 128500 128500 0 100000 1% of amt prepaid 421004276 5344.33 6/1/2007 686400 686346.67 Cash Out Refinance 9.25 Full Documentation AA+ 858000 775000 0 686400 None 421004288 642.15 6/1/2007 79200 79194.75 Cash Out Refinance 9.65 Full Documentation AA+ 99000 95000 0 79200 6 mo int on 80% 511060090 1750.13 7/1/2007 254700 254637.82 Purchase 8.1 Stated Income Documentation AA+ 283000 283000 283000 254669.1 6 mo int on 80% 511060282 1530.44 5/1/2007 246000 245917.93 Purchase 7.266 Full Documentation AA+ 290000 290000 290000 245959.09 6 mo int on 80% 511060495 4750.5 8/1/2007 540000 539948.78 Cash Out Refinance 10.5 Stated Income Documentation AA+ 600000 600000 0 539922.83 6 mo int on 80% 511060590 5325.16 6/1/2007 702000 701879.23 Cash Out Refinance 9 Stated Income Documentation AA+ 780000 780000 0 701939.84 None 511060685 1635.5 6/1/2007 193500 193468.94 Purchase 9.95 Full Documentation AA+ 215000 215000 215000 193500 None 511060692 4379.6 6/1/2007 523500 523104.71 Rate/Term Refinance 9.84 Stated Income Documentation B 600000 600000 0 523194.12 6 mo int on 80% 511060791 2264.47 6/1/2007 430781 430666.85 Purchase 5.99 Full Documentation AA+ 541000 541000 538476 430781 6 mo int on 80% 511061011 786.78 6/1/2007 130400 130279.85 Cash Out Refinance 6.75 Full Documentation AA+ 195000 195000 0 130333.5 6 mo int on 80% 511061017 3967.67 6/1/2007 549000 548887.52 Rate/Term Refinance 8.55 Stated Income Documentation AA+ 610000 610000 0 548943.96 6 mo int on 80% 511061142 3471.13 6/1/2007 450000 449807.02 Cash Out Refinance 9 Full Documentation C 900000 900000 0 449903.87 6 mo int on 80% 511061241 6664.06 6/1/2007 1080000 1079815.94 Rate/Term Refinance 7.2 Full Documentation AA+ 1350000 1277000 0 1080000 6 mo int on 80% 511061278 3002.78 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1100000 0 564000 6 mo int on 80% 511062785 2964.32 6/1/2007 436900 436789.05 Cash Out Refinance 7.99 Stated Income Documentation AA+ 514000 514000 0 436844.71 6 mo int on 80% 511062813 3864.98 6/1/2007 426000 425827.02 Cash Out Refinance 10.4 Stated Income Documentation A 532500 532500 0 426000 None 511062873 6251.32 6/1/2007 806400 806230.28 Rate/Term Refinance 9.05 Stated Income Documentation AA+ 1008000 1008000 0 806400 6 mo int on 80% 511062907 935.4 7/1/2007 128700 128611.87 Cash Out Refinance 7.9 Full Documentation C 198000 198000 0 128700 6 mo int on 80% 511062955 1991.2 6/1/2007 369026 369026 Cash Out Refinance 6.475 Stated Income Documentation AA+ 694000 694000 0 369026 6 mo int on 80% 511062986 2579.38 6/1/2007 490000 489870.62 Cash Out Refinance 6 Full Documentation AA+ 700000 700000 0 490000 6 mo int on 80% 511062990 2651.91 6/1/2007 425000 424929.97 Cash Out Refinance 7.29 Stated Income Documentation AA+ 500000 500000 0 425000 6 mo int on 80% 511063049 6942.87 6/1/2007 952000 951760.8 Purchase 8.45 Stated Income Documentation AA+ 1200000 1200000 1190000 952000 6 mo int on 80% 511063056 3178.67 6/1/2007 553500 553384.03 Cash Out Refinance 6.64 Business Bank Statements AA+ 615000 615000 0 553500 6 mo int on 80% 511063090 3054.36 6/1/2007 495000 494915.64 Rate/Term Refinance 7.2 Full Documentation AA+ 550000 525000 0 495000 6 mo int on 80% 511063106 1697.72 6/1/2007 270000 269753.53 Cash Out Refinance 6.45 Full Documentation AA+ 300000 300000 0 270000 6 mo int on 80% 511063265 1745.58 7/1/2007 255500 255363.67 Purchase 8.05 Stated Income Documentation AA+ 367000 367000 365000 255363.67 None 511063281 4353.72 6/1/2007 670000 669771.25 Cash Out Refinance 7.388 Full Documentation AA 1000000 875000 0 670000 6 mo int on 80% 521054359 614.93 7/1/2007 67500 67472.81 Purchase 10.45 Full Documentation AA+ 77000 77000 75000 67500 2% / 1% 521056960 4652.23 7/1/2007 568000 567702.44 Cash Out Refinance 9.2 Stated Income Documentation AA+ 710000 640000 0 568000 None 521057023 1840.88 6/1/2007 234000 233729.76 Purchase 8.75 Full Documentation AA+ 272000 272000 260000 233865.37 6 mo int on 80% 521057114 1814.65 6/1/2007 216750 216642.26 Cash Out Refinance 9.45 Stated Income Documentation AA+ 255000 243000 0 216750 1% of amt prepaid 521057271 1628.91 7/1/2007 208000 207756.75 Cash Out Refinance 8.7 Full Documentation AA+ 260000 260000 0 207879.09 6 mo int on 80% 521057331 4704.75 6/1/2007 612000 612000 Purchase 9.225 Stated Income Documentation AA+ 680000 680000 680000 612000 6 mo int on 80% 521057397 1284.12 6/1/2007 162909 162884.76 Purchase 9.37 Full Documentation AA+ 182000 178000 182000 162896.93 1% of amt prepaid 521057508 3570.17 5/1/2007 467500 467293.48 Cash Out Refinance 8.9 Stated Income Documentation AA+ 550000 500000 0 467500 None 521057513 1714.06 6/1/2007 180000 179980.94 Purchase 11.3 Full Documentation B 200000 200000 200000 180000 1% of amt prepaid 521057664 878.11 6/1/2007 98400 98358.29 Cash Out Refinance 10.2 Full Documentation C 123000 123000 0 98400 2% of UPB 521057775 1204.64 6/1/2007 143910 143901.61 Purchase 9.975 Full Documentation AA+ 160000 160000 159900 143910 None 521057784 1464.75 6/1/2007 202500 202359.94 Cash Out Refinance 7.85 Stated Income Documentation AA 450000 450000 0 202500 6 mo int on 80% 521058007 1965.81 7/1/2007 244314 244180.55 Purchase 9 Full Documentation AA+ 302000 271460 271460 244180.55 2% / 1% 521058122 785.64 7/1/2007 113750 113663.45 Cash Out Refinance 7.375 Full Documentation AA+ 175000 175000 0 113750 None 521058163 532.97 6/1/2007 52800 52784.03 Cash Out Refinance 11.75 Lite Documentation AA+ 66000 66000 0 52800 2% of UPB 521058252 3978.27 6/1/2007 560034 559730.22 Cash Out Refinance 8.2 Full Documentation AA+ 810000 730000 0 559882.63 None 521058263 1337.88 7/1/2007 172800 172696.92 Purchase 8.575 Full Documentation AA+ 194000 194000 192000 172800 2% / 1% 521058295 677.36 6/1/2007 68400 68378.14 Purchase 11.5 Full Documentation AA+ 76000 76000 76000 68400 1% of amt prepaid 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521059095 1330.08 7/1/2007 142200 142146.76 Purchase 10.775 Full Documentation AA+ 163000 163000 158000 142200 2% / 1% 521059170 846.47 6/1/2007 103500 103481.53 Rate/Term Refinance 9.6 Full Documentation A 115000 115000 0 103500 2% of UPB 551029193 1135.37 7/1/2007 148000 147727.72 Purchase 8.475 Stated Income Documentation AA+ 186725 186725 168000 147819.12 6 mo int on 80% 551029245 3112.18 6/1/2007 340282 340010.26 Purchase 10.498 Full Documentation AA 400000 400000 378092 340146.72 6 mo int on 80% 551030267 1770.88 7/1/2007 246000 245826.14 Rate/Term Refinance 7.8 Full Documentation AA 310000 310000 0 246000 6 mo int on 80% 551030679 1512.07 6/1/2007 158400 158287.26 Purchase 11.03 Full Documentation AA+ 180300 180300 176000 158343.89 6 mo int on 80% 551030705 2055.7 7/1/2007 232290 232189.41 Purchase 10.1 Full Documentation AA+ 260000 248985 258100 232290 6 mo int on 80% 551030790 1600.6 6/1/2007 186300 186037.14 Purchase 9.75 Full Documentation AA+ 207000 207000 207000 186125.47 6 mo int on 80% 551030858 1225.56 6/1/2007 130500 130451.66 Purchase 10.825 Full Documentation AA+ 147500 147500 145000 130500 6 mo int on 80% 551030873 659.07 6/1/2007 64800 64780.83 Purchase 11.85 Full Documentation AA+ 75800 75800 72000 64800 6 mo int on 80% 551030965 821.9 6/1/2007 106400 106271.95 Rate/Term Refinance 8.55 Full Documentation AA+ 133000 133000 0 106336.2 None 551031078 1157.79 6/1/2007 165990 165741.61 Purchase 7.475 Stated Income Documentation AA+ 267000 267000 265990 165866.19 6 mo int on 80% 551031135 962.99 7/1/2007 114030 113918.56 Purchase 9.55 Full Documentation AA+ 128000 128000 126700 113974.5 6 mo int on 80% 551031144 2009.65 7/1/2007 233910 233658.67 Purchase 9.75 Full Documentation AA+ 267000 267000 259900 233800.87 6 mo int on 80% 551031147 2289.13 6/1/2007 265305 265059.06 Purchase 9.8 Full Documentation AA+ 296000 296000 294784 265182.53 6 mo int on 80% 551031162 826.3 6/1/2007 100000 99873.12 Rate/Term Refinance 9.3 Full Documentation AA+ 119000 119000 0 99925 6 mo int on 80% 551031163 3108.3 7/1/2007 408000 407493.63 Purchase 8.4 Stated Income Documentation AA+ 510000 510000 510000 407747.7 2% of ppd amt 551031189 1483.18 6/1/2007 168300 168226.33 Purchase 10.05 Full Documentation A 187000 187000 187000 168300 6 mo int on 80% 551031200 1166.49 7/1/2007 133958 133938.53 Purchase 10.275 Full Documentation AA+ 150000 150000 148842 133958 6 mo int on 80% 551031293 1275.1 6/1/2007 162450 162356.05 Purchase 8.725 Full Documentation AA+ 181000 181000 180500 162450 6 mo int on 80% 551031314 1225.56 6/1/2007 130500 130402.88 Purchase 10.825 Full Documentation AA+ 145000 145000 145000 130451.66 None 551032397 638.35 6/1/2007 70650 70621.01 Purchase 10.35 Full Documentation AA+ 79000 79000 78500 70650 6 mo int on 80% 551032454 1022.87 7/1/2007 141750 141651.46 Purchase 7.825 Full Documentation AA+ 158000 158000 157500 141750 6 mo int on 80% 551032555 442.49 6/1/2007 50000 49696.82 Cash Out Refinance 10.1 Full Documentation AA+ 76000 76000 0 49720.83 None 551032587 651.92 6/1/2007 66600 66555.8 Purchase 11.35 Full Documentation AA+ 80000 80000 74000 66578 6 mo int on 80% 551032588 773.54 6/1/2007 76925 76877.73 Rate/Term Refinance 11.7 Stated Income Documentation AA 90500 90500 0 76901.48 6 mo int on 80% 551032602 1263.04 6/1/2007 139500 139385.61 Purchase 10.375 Full Documentation A 168000 168000 155000 139443.05 6 mo int on 80% 551032613 729.01 6/1/2007 103500 103424.33 Rate/Term Refinance 7.575 Full Documentation AA+ 115000 115000 0 103500 6 mo int on 80% 551032667 1520.94 7/1/2007 162605 162544.12 Purchase 10.775 Full Documentation AA+ 196000 196000 191300 162605 6 mo int on 80% 551032679 1125.3 6/1/2007 150138 150041.77 Purchase 8.225 Business Bank Statements AA+ 170000 170000 166820 150138 6 mo int on 80% 551032722 1600.28 6/1/2007 198000 197785.13 Purchase 9.05 Full Documentation AA+ 220000 220000 220000 197892.97 6 mo int on 80% 551032763 2856.46 6/1/2007 333900 333742.57 Purchase 9.7 Business Bank Statements AA+ 375000 375000 371000 333900 6 mo int on 80% 551032792 776.01 6/1/2007 100000 99940.66 Cash Out Refinance 8.6 Full Documentation AA+ 125000 125000 0 100000 None 551032879 3672.11 6/1/2007 479781 479487.35 Purchase 8.45 Full Documentation AA+ 535000 535000 533090 479781 6 mo int on 80% 551032900 1098.4 7/1/2007 135000 133928.16 Purchase 9.125 Stated Income Documentation AA+ 189000 189000 150000 135000 6 mo int on 80% 551032928 4386.92 6/1/2007 510470 510416.46 Purchase 10.25 Stated Income Documentation AA+ 580000 580000 567190 510443.34 6 mo int on 80% 551032985 675.99 6/1/2007 68000 67978.51 Cash Out Refinance 11.55 Stated Income Documentation AA+ 85000 85000 0 68000 6 mo int on 80% 551033045 995.4 6/1/2007 103700 103663.83 Purchase 11.1 Full Documentation AA+ 122000 122000 122000 103700 6 mo int on 80% 551033273 2740.13 6/1/2007 272700 272616.42 Purchase 11.69 Full Documentation AA 305000 305000 303000 272700 6 mo int on 80% 551033335 1037.31 6/1/2007 113400 113354.94 Purchase 10.5 Business Bank Statements AA+ 126500 126500 126000 113400 6 mo int on 80% 551033463 1455.45 6/1/2007 157500 157439.08 Purchase 10.625 Full Documentation AA+ 175000 175000 175000 157500 6 mo int on 80% 551033527 3587.41 6/1/2007 570600 570388.64 Purchase 7.1 Stated Income Documentation AA+ 634000 634000 634000 570600 6 mo int on 80% 581017629 3588.77 6/1/2007 540800 540652.38 Cash Out Refinance 7.8 Stated Income Documentation AA+ 676000 676000 0 540726.43 6 mo int on 80% 581018409 2291.63 6/1/2007 436500 436500 Cash Out Refinance 6.3 Full Documentation AA+ 485000 485000 0 436500 6 mo int on 80% 581019101 2880.72 6/1/2007 525000 524750.41 Cash Out Refinance 6.3 Full Documentation AA 775000 775000 0 524875.53 6 mo int on 80% 581019124 4131.05 7/1/2007 580000 579844.37 Cash Out Refinance 8.225 Stated Income Documentation AA+ 890000 890000 0 580000 6 mo int on 80% 581019177 2442.34 6/1/2007 309049.2 308873.22 Purchase 8.8 Full Documentation AA+ 345000 345000 343388 309049.2 6 mo int on 80% 581019471 1305.89 6/1/2007 180000 179907.9 Purchase 8.4 Stated Income Documentation AA+ 245000 245000 225000 179954.11 None 581019600 6659.57 5/1/2007 792000 791217.78 Cash Out Refinance 9.5 Full Documentation AA+ 880000 880000 0 792000 None 581019603 2169.83 6/1/2007 283500 283151.74 Purchase 8.45 Stated Income Documentation AA+ 315000 315000 315000 283500 6 mo int on 80% 581019636 3409.68 6/1/2007 420000 419775.32 Cash Out Refinance 9.1 Business Bank Statements B 525000 525000 0 420000 6 mo int on 80% 581019705 3275.31 6/1/2007 523994 523599.15 Cash Out Refinance 7.05 Stated Income Documentation A 832000 832000 0 523797.15 6 mo int on 80% 581019732 6880.17 6/1/2007 926500 926327.69 Purchase 8.8 Full Documentation AA+ 1090000 1090000 1090000 926414.16 6 mo int on 80% 581019760 5772.42 6/1/2007 715500 715451.58 Cash Out Refinance 9.6 Business Bank Statements AA+ 795000 795000 0 715500 6 mo int on 80% 581019888 2929.97 7/1/2007 403200 403118.97 Purchase 8.6 Full Documentation AA+ 448000 448000 448000 403159.63 6 mo int on 80% 581019943 5742.19 6/1/2007 787500 787500 Rate/Term Refinance 8.75 Stated Income Documentation AA+ 875000 875000 0 787500 6 mo int on 80% 581020009 1249.05 6/1/2007 150500 150423.6 Purchase 9.35 Stated Income Documentation AA+ 215000 215000 215000 150500 6 mo int on 80% 581020049 3476.07 6/1/2007 450000 449458.44 Cash Out Refinance 8.55 Stated Income Documentation A 640000 640000 0 449730.18 6 mo int on 80% 581020141 3425.82 6/1/2007 555200 555010.19 Cash Out Refinance 7.2 Full Documentation A 694000 694000 0 555105.38 6 mo int on 80% 581020162 3725.98 5/1/2007 430000 429605.59 Cash Out Refinance 9.85 Business Bank Statements C 600000 540000 0 430000 6 mo int on 80% 581020163 4820.3 6/1/2007 668000 667048.38 Cash Out Refinance 7.825 Full Documentation AA 805000 805000 0 667515.92 6 mo int on 80% 581020205 4667.3 6/1/2007 729000 728777.21 Cash Out Refinance 7.5 Full Documentation AA+ 810000 810000 0 728888.95 6 mo int on 80% 581020208 3644.96 6/1/2007 429250 429093.51 Cash Out Refinance 10 Full Documentation AA+ 505000 505000 0 429162.12 6 mo int on 80% 581020242 1817.07 6/1/2007 221850 221733.78 Purchase 9.2 Full Documentation AA+ 260000 260000 246500 221850 6 mo int on 80% 581020285 3597.69 7/1/2007 495000 494661.06 Cash Out Refinance 7.9 Full Documentation AA+ 660000 660000 0 494661.06 6 mo int on 80% 581020291 1920 6/1/2007 360000 360000 Cash Out Refinance 6.4 Full Documentation AA+ 400000 400000 0 360000 6 mo int on 80% 581020316 1585.05 7/1/2007 210000 209867.45 Purchase 8.3 Full Documentation AA+ 380000 380000 380000 209867.45 6 mo int on 80% 581020362 3439.9 6/1/2007 460750 460708.13 Cash Out Refinance 8.85 Stated Income Documentation AA+ 543000 543000 0 460750 6 mo int on 80% 581020455 3119.94 6/1/2007 508800 508711.66 Cash Out Refinance 7.15 Stated Income Documentation AA+ 640000 640000 0 508800 6 mo int on 80% 581020459 5942.36 6/1/2007 855000 854900.14 Rate/Term Refinance 8.2 Full Documentation AA+ 950000 950000 0 855000 6 mo int on 80% 581020478 1748.79 6/1/2007 238050 238027.07 Purchase 8.7 Full Documentation AA+ 266000 266000 264500 238050 6 mo int on 80% 581020520 2948.99 6/1/2007 561000 560851.34 Cash Out Refinance 5.99 Full Documentation AA+ 660000 660000 0 561000 6 mo int on 80% 581020523 5295.64 7/1/2007 673200 673149.71 Purchase 9.35 Full Documentation AA+ 750000 750000 748000 673200 None 581020547 1272.05 6/1/2007 188000 187942.12 Cash Out Refinance 7.75 Full Documentation AA+ 235000 235000 0 188000 6 mo int on 80% 581020612 1235.24 7/1/2007 195300 195269.11 Cash Out Refinance 7.4 Full Documentation AA+ 217000 217000 0 195300 6 mo int on 80% 581020668 1271.17 6/1/2007 224000 223951.5 Cash Out Refinance 6.55 Full Documentation AA+ 320000 320000 0 224000 6 mo int on 80% 621023696 714.78 7/1/2007 100000 99989.39 Cash Out Refinance 8.45 Full Documentation AA+ 175000 175000 0 100000 6 mo int on 80% 621023894 1678.7 6/1/2007 235000 234564.55 Cash Out Refinance 7.72 Stated Income Documentation B 440000 440000 0 234733.13 6 mo int on 80% 621023953 3783.98 7/1/2007 444223 444011.31 Purchase 9.65 Stated Income Documentation AA+ 505000 505000 493582 444223 6 mo int on 80% 621024224 2157.45 7/1/2007 273000 272687.96 Cash Out Refinance 8.8 Stated Income Documentation B 390000 390000 0 272844.55 6 mo int on 80% 621024232 6264.52 6/1/2007 830207.75 830062.11 Purchase 8.95 Stated Income Documentation AA+ 1010000 910000 976715 830135.2 6 mo int on 80% 621024327 2380 7/1/2007 420000 420000 Cash Out Refinance 6.8 Stated Income Documentation AA+ 620000 620000 0 420000 6 mo int on 80% 621024368 2144.16 6/1/2007 229500 229473.93 Purchase 11.075 Full Documentation A 272000 260000 270000 229500 6 mo int on 80% 621024385 4160.33 6/1/2007 595000 594558.42 Cash Out Refinance 7.5 Stated Income Documentation AA+ 700000 640000 0 595000 6 mo int on 80% 621024463 1891.93 6/1/2007 245600 245302.61 Cash Out Refinance 8.52 Stated Income Documentation AA+ 307000 307000 0 245451.83 6 mo int on 80% 621024495 4021.74 7/1/2007 556000 555615.43 Cash Out Refinance 7.85 Full Documentation AA+ 695000 695000 0 556000 6 mo int on 80% 621024578 1751.47 6/1/2007 236000 235845.46 Cash Out Refinance 8.12 Full Documentation AA+ 322000 310000 0 236000 None 621024597 2342.23 7/1/2007 289800 289643.35 Purchase 9.05 Lite Documentation AA+ 362000 322000 322000 289800 6 mo int on 80% 621024641 3134.88 6/1/2007 475200 475134.12 Purchase 7.75 Full Documentation AA+ 600000 600000 594000 475200 6 mo int on 80% 621024654 1489.75 7/1/2007 170475 170398.77 Purchase 9.95 Full Documentation AA+ 195000 189417 189417 170475 6 mo int on 80% 621024680 2145.84 6/1/2007 311455.5 310923.19 Cash Out Refinance 7.35 Stated Income Documentation AA+ 445000 445000 0 311163.16 6 mo int on 80% 621024709 1513.13 7/1/2007 198616 198493.18 Purchase 8.4 Lite Documentation AA+ 285000 285000 285000 198616 6 mo int on 80% 621024714 1300.3 6/1/2007 136000 135903.62 Cash Out Refinance 11.05 Stated Income Documentation AA+ 170000 167000 0 135952.03 6 mo int on 80% 621024787 2466.96 6/1/2007 347696.5 347446.11 Cash Out Refinance 7.65 Stated Income Documentation A 535000 535000 0 347696.5 6 mo int on 80% 621024789 682.05 6/1/2007 113500 113458.06 Rate/Term Refinance 6.99 Full Documentation AA+ 183000 183000 0 113479.09 6 mo int on 80% 621024790 3271.67 6/1/2007 520000 520000 Purchase 7.55 Stated Income Documentation AA+ 662000 650000 650000 520000 6 mo int on 80% 621024794 2112.5 7/1/2007 252000 251985.4 Purchase 9.99 Full Documentation AA+ 290000 280000 280000 252000 6 mo int on 80% 621024795 1416.79 7/1/2007 210400 210231.58 Purchase 7.12 Full Documentation AA+ 333000 300000 330330 210231.58 6 mo int on 80% 621024798 1463.16 6/1/2007 213000 212836.14 Purchase 7.32 Full Documentation AA+ 345000 345000 345000 213000 6 mo int on 80% 621024801 1284.67 7/1/2007 188000 188000 Cash Out Refinance 8.2 Full Documentation AA+ 235000 235000 0 188000 6 mo int on 80% 621024803 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AA+ 200000 200000 0 179865.07 6 mo int on 80% 621024909 957.76 6/1/2007 116000 115979.91 Purchase 9.7 Full Documentation AA+ 145000 145000 145000 116000 6 mo int on 80% 621024911 2120.96 7/1/2007 247500 247383.79 Purchase 9.72 Full Documentation AA+ 275000 275000 275000 247500 6 mo int on 80% 621024944 2995.63 7/1/2007 344250 344094.43 Cash Out Refinance 9.9 Stated Income Documentation C 405000 405000 0 344250 6 mo int on 80% 621024979 867.31 6/1/2007 90000 89968.94 Purchase 11.15 Full Documentation AA+ 116000 100000 100000 90000 6 mo int on 80% 621025043 2534.79 6/1/2007 269910 269810.02 Purchase 10.825 No Documentation AA+ 300000 300000 299900 269910 6 mo int on 80% 621025059 1441.91 7/1/2007 178000 177967.26 Cash Out Refinance 9.5 Stated Income Documentation AA+ 265000 265000 0 178000 6 mo int on 80% 661023095 6498.37 6/1/2007 935000 934780.85 Rate/Term Refinance 8.2 Business Bank Statements AA 1100000 1100000 0 935000 6 mo int on 80% 661023266 2228.13 7/1/2007 465000 465000 Cash Out Refinance 5.75 Full Documentation AA+ 619000 619000 0 465000 6 mo int on 80% 661024297 2500.7 6/1/2007 437750 437061.3 Cash Out Refinance 6.6 Full Documentation AA+ 510000 510000 0 437157.63 6 mo int on 80% 661024362 3095.14 5/1/2007 364500 364384.24 Purchase 10 Stated Income Documentation A 405000 405000 405000 364500 6 mo int on 80% 661024427 3702.44 6/1/2007 610000 609258.49 Cash Out Refinance 6.8 Stated Income Documentation AA+ 850000 850000 0 609507.06 6 mo int on 80% 661024770 1896.15 6/1/2007 326220 326220 Purchase 6.975 Business Bank Statements AA+ 363000 363000 362247 326220 6 mo int on 80% 661024775 4688.98 6/1/2007 693000 692571.91 Cash Out Refinance 7.75 Full Documentation AA+ 770000 770000 0 692786.64 6 mo int on 80% 661024959 3306.19 6/1/2007 551250 551021.62 Cash Out Refinance 6.7 Full Documentation AA+ 735000 735000 0 551250 6 mo int on 80% 661024996 3520.83 6/1/2007 500000 500000 Cash Out Refinance 8.45 Stated Income Documentation AA+ 625000 625000 0 500000 6 mo int on 80% 661025017 3726.72 6/1/2007 488000 487784.43 Cash Out Refinance 8.9 Stated Income Documentation AA 610000 610000 0 487892.61 6 mo int on 80% 661025086 2155.83 6/1/2007 398000 398000 Cash Out Refinance 6.5 Full Documentation AA+ 535000 535000 0 398000 6 mo int on 80% 661025143 5078.83 6/1/2007 803000 802873 Cash Out Refinance 7.4 Business Bank Statements AA+ 945000 945000 0 803000 6 mo int on 80% 661025175 4580.1 6/1/2007 692100 691647.3 Purchase 7.55 Stated Income Documentation AA+ 770000 770000 769500 692100 6 mo int on 80% 661025246 3436.9 6/1/2007 464000 463776.06 Rate/Term Refinance 8.6 Business Bank Statements AA 580000 580000 0 463888.43 6 mo int on 80% 661025251 2847.92 6/1/2007 483500 483291.18 Rate/Term Refinance 6.55 Stated Income Documentation AA+ 750000 750000 0 483500 6 mo int on 80% 661025255 3454.57 6/1/2007 486000 485894.49 Purchase 8.4 Stated Income Documentation AA+ 540000 540000 540000 485947.43 None 661025283 1966.65 6/1/2007 342000 341928.6 Cash Out Refinance 6.65 Full Documentation AA 380000 380000 0 342000 6 mo int on 80% 661025321 3934.37 6/1/2007 553500 553440.13 Cash Out Refinance 8.4 Stated Income Documentation AA+ 615000 615000 0 553500 6 mo int on 80% 661025339 2713.35 6/1/2007 455000 454083.11 Cash Out Refinance 5.95 Full Documentation AA 650000 650000 0 455000 6 mo int on 80% 661025400 4610.76 6/1/2007 558000 557425.26 Cash Out Refinance 9.3 Business Bank Statements AA+ 620000 620000 0 557713.74 6 mo int on 80% 661025411 2921.02 6/1/2007 514500 514258.67 Cash Out Refinance 6.25 Full Documentation A 745000 745000 0 514500 6 mo int on 80% 661025416 5407.65 7/1/2007 819718 819604.36 Purchase 7.75 Full Documentation AA+ 911000 911000 910798 819718 6 mo int on 80% 661025453 1628.74 7/1/2007 244000 243967.43 Purchase 7.85 Stated Income Documentation AA+ 305000 305000 305000 244000 6 mo int on 80% 661025515 2171.24 6/1/2007 365500 365430.39 Purchase 6.9 Stated Income Documentation AA+ 450000 430000 430000 365500 6 mo int on 80% 661025582 5363.28 7/1/2007 815000 814730.47 Cash Out Refinance 7.5 Full Documentation AA 995000 995000 0 815000 6 mo int on 80% 661025584 3447.32 6/1/2007 477000 476951.31 Cash Out Refinance 8.55 Stated Income Documentation AA+ 530000 530000 0 477000 6 mo int on 80% 661025587 3586.41 6/1/2007 472000 471894.59 Cash Out Refinance 8.85 Stated Income Documentation AA+ 620000 620000 0 472000 None 661025639 2909.19 6/1/2007 532000 531872.73 Rate/Term Refinance 6.275 Full Documentation AA+ 665000 665000 0 532000 6 mo int on 80% 661025650 3449.95 6/1/2007 612000 611865.05 Cash Out Refinance 6.5 Full Documentation AA+ 680000 650000 0 612000 6 mo int on 80% 661025663 3075.17 6/1/2007 452000 451862.83 Cash Out Refinance 7.8 Stated Income Documentation A 565000 565000 0 452000 6 mo int on 80% 661025669 3074.35 6/1/2007 417000 416723.03 Cash Out Refinance 8.05 Business Bank Statements C 597000 597000 0 417000 6 mo int on 80% 661025670 2525.48 6/1/2007 459000 458769.52 Rate/Term Refinance 6 Full Documentation AA+ 540000 540000 0 459000 6 mo int on 80% 661025671 3909.98 6/1/2007 507400 507291.29 Cash Out Refinance 8.99 Stated Income Documentation AA 610000 610000 0 507400 6 mo int on 80% 661025684 3983.73 6/1/2007 596800 596720.34 Cash Out Refinance 7.85 Stated Income Documentation AA+ 746000 746000 0 596800 6 mo int on 80% 661025696 4984.04 6/1/2007 760000 759892.63 Cash Out Refinance 7.7 Stated Income Documentation AA+ 960000 960000 0 760000 6 mo int on 80% 661025748 5034.47 6/1/2007 640000 639952.2 Cash Out Refinance 9.35 Stated Income Documentation AA+ 800000 800000 0 640000 6 mo int on 80% 661025856 3192.78 6/1/2007 558900 558781.17 Cash Out Refinance 6.6 Full Documentation AA+ 621000 621000 0 558900 6 mo int on 80% 661025868 3036.09 7/1/2007 404500 404463.95 Purchase 8.9 Stated Income Documentation AA+ 625000 625000 625000 404500 6 mo int on 80% 661025917 2892.24 7/1/2007 454500 454429.45 Purchase 7.45 Full Documentation AA+ 507000 507000 505000 454500 6 mo int on 80% 671019662 3774.63 6/1/2007 534000 533881.83 Cash Out Refinance 8.35 Stated Income Documentation AA 745000 745000 0 533941.12 6 mo int on 80% 671020011 2422.15 6/1/2007 424000 423819.2 Cash Out Refinance 6.6 Full Documentation AA+ 530000 530000 0 423909.85 6 mo int on 80% 671020396 3014.6 7/1/2007 542000 541751.48 Cash Out Refinance 6.4 Full Documentation AA+ 700000 700000 0 541876.07 6 mo int on 80% 671020424 4360.83 6/1/2007 600000 599589.17 Cash Out Refinance 7.9 Stated Income Documentation AA+ 800000 800000 0 600000 6 mo int on 80% 671020443 2196.24 6/1/2007 316000 315925.93 Purchase 8.2 Stated Income Documentation AA+ 395000 395000 395000 315963.09 6 mo int on 80% 671020444 5077.15 6/1/2007 675000 674688.32 Purchase 8.75 Full Documentation AA+ 764000 764000 750000 674844.73 6 mo int on 80% 671020450 3363.63 6/1/2007 436500 436275.62 Cash Out Refinance 8.99 Stated Income Documentation A 900000 900000 0 436370.11 6 mo int on 80% 671020475 4592.58 6/1/2007 684000 683820.25 Cash Out Refinance 7.9 Stated Income Documentation AA+ 760000 760000 0 683910.42 6 mo int on 80% 671020496 1216.12 6/1/2007 115940 115931.59 Purchase 12.5 Stated Income Documentation B 140000 140000 136400 115940 None 671020510 4165.36 6/1/2007 567000 566638.65 Cash Out Refinance 8.7 Stated Income Documentation AA 630000 630000 0 567000 6 mo int on 80% 671020548 3747.99 6/1/2007 445500 445127.44 Cash Out Refinance 9.9 Stated Income Documentation AA+ 495000 495000 0 445500 6 mo int on 80% 671020626 3694.8 6/1/2007 477000 476924.11 Cash Out Refinance 9.2 Stated Income Documentation AA+ 530000 530000 0 476962.2 6 mo int on 80% 671020696 3315.7 6/1/2007 423500 423326.32 Cash Out Refinance 9.15 Stated Income Documentation B 605000 605000 0 423413.49 6 mo int on 80% 671020697 7214.78 6/1/2007 1015000 1014890.22 Rate/Term Refinance 8.4 Full Documentation AA+ 1450000 1401000 0 1015000 6 mo int on 80% 671020702 1933.67 6/1/2007 242100 242082.96 Purchase 9.5 Stated Income Documentation AA+ 360000 360000 269000 242100 None 671020744 3207.25 6/1/2007 527000 526906.44 Cash Out Refinance 7.09 Stated Income Documentation AA+ 620000 620000 0 527000 6 mo int on 80% 671020865 2662.92 6/1/2007 492000 491757.54 Cash Out Refinance 6.2 Full Documentation AA+ 615000 615000 0 491879.08 6 mo int on 80% 671020877 3779.22 6/1/2007 569500 569422.53 Rate/Term Refinance 7.8 Full Documentation AA+ 670000 670000 0 569500 6 mo int on 80% 671020894 4252.05 7/1/2007 700000 699875.03 Purchase 7.075 Business Bank Statements AA+ 1800000 1710000 1800000 700000 6 mo int on 80% 671020905 5004.19 6/1/2007 652000 651858.64 Cash Out Refinance 8.95 Stated Income Documentation AA+ 815000 815000 0 652000 6 mo int on 80% 671020947 2650.23 6/1/2007 328500 328477.77 Purchase 9.6 Full Documentation A 366000 366000 365000 328500 6 mo int on 80% 671020953 3755.91 6/1/2007 484500 484398.03 Cash Out Refinance 9.05 Full Documentation B 581000 581000 0 484500 6 mo int on 80% 671020957 4162.8 6/1/2007 576000 575941.2 Cash Out Refinance 8.55 Stated Income Documentation AA+ 640000 610000 0 576000 6 mo int on 80% 671020959 4861.39 6/1/2007 585000 584964.86 Cash Out Refinance 9.9 Stated Income Documentation AA+ 650000 650000 0 585000 None 671021028 4688.97 7/1/2007 641750 641686.98 Cash Out Refinance 8.65 Full Documentation AA+ 755000 755000 0 641686.98 6 mo int on 80% 671021079 4824.74 6/1/2007 675000 674928.39 Cash Out Refinance 8.45 Stated Income Documentation AA+ 900000 900000 0 675000 6 mo int on 80% 671021086 2626.38 6/1/2007 423000 422929.25 Rate/Term Refinance 7.25 Full Documentation AA+ 470000 470000 0 423000 6 mo int on 80% 671021172 5864.54 6/1/2007 800000 799462.13 Cash Out Refinance 7.99 Business Bank Statements AA+ 905000 905000 0 800000 6 mo int on 80% 831076888 1326.58 6/1/2007 162000 161968.76 Purchase 9.75 Stated Income Documentation AA+ 221500 221500 180000 161979.26 6 mo int on 80% 831077163 3634.22 6/1/2007 423000 422403.15 Rate/Term Refinance 9.75 Stated Income Documentation AA 470000 470000 0 422802.66 6 mo int on 80% 831077171 1649.84 6/1/2007 222700 222700 Purchase 8.89 Stated Income Documentation AA+ 270000 270000 262000 222700 6 mo int on 80% 831077328 2649.47 6/1/2007 470000 469507.59 Cash Out Refinance 6.5 Full Documentation AA+ 970000 970000 0 469613.32 6 mo int on 80% 831077554 3226.39 6/1/2007 500000 498684.91 Rate/Term Refinance 6.7 Full Documentation AA+ 640000 640000 0 499124.52 6 mo int on 80% 831077629 4384.9 6/1/2007 549000 548883.13 Cash Out Refinance 9.5 Stated Income Documentation AA+ 610000 610000 0 548922.39 None 831077683 3190.81 6/1/2007 432000 431876.67 Cash Out Refinance 8.75 Full Documentation AA+ 480000 480000 0 431918.08 6 mo int on 80% 831077697 3690.26 6/1/2007 525000 524881.57 Cash Out Refinance 8.3 Stated Income Documentation AA+ 591000 591000 0 524940.99 6 mo int on 80% 831077699 3540.57 6/1/2007 450000 449818.17 Cash Out Refinance 9.2 Stated Income Documentation AA+ 500000 500000 0 449909.43 6 mo int on 80% 831077816 3422.22 6/1/2007 441000 440474.68 Cash Out Refinance 8.6 Full Documentation AA+ 490000 490000 0 440738.28 None 831077819 2677.89 5/1/2007 380000 379682.95 Purchase 8.125 Stated Income Documentation AA+ 475000 475000 475000 379895.03 6 mo int on 80% 831077825 7375 6/1/2007 1200000 1200000 Purchase 7.375 Stated Income Documentation AA+ 1525000 1525000 1500000 1200000 None 831077828 1841.02 7/1/2007 271341 271237.29 Purchase 7.99 Full Documentation AA 325000 325000 319225 271272.09 6 mo int on 80% 831077861 4244.16 5/1/2007 585000 584243.69 Cash Out Refinance 8.4 Stated Income Documentation AA+ 1300000 1300000 0 584549.38 None 831077876 4835.58 6/1/2007 774000 773487.03 Cash Out Refinance 7.3 Stated Income Documentation AA 860000 860000 0 773745.07 6 mo int on 80% 831077898 3971.88 6/1/2007 615000 615000 Cash Out Refinance 7.75 Stated Income Documentation AA+ 725000 725000 0 615000 6 mo int on 80% 831077900 3433.95 6/1/2007 436500 435741.08 Cash Out Refinance 8.75 Stated Income Documentation AA+ 485000 485000 0 435995.89 None 831077903 4878.43 5/1/2007 535500 535067.89 Cash Out Refinance 10.45 Stated Income Documentation AA+ 595000 595000 0 535500 None 831077905 900.26 6/1/2007 108000 107734.63 Purchase 9.4 Stated Income Documentation A 120000 120000 120000 107790.53 6 mo int on 80% 831077921 3967.27 5/1/2007 422613 422298.17 Purchase 10.82 Stated Income Documentation AA+ 476000 476000 469571 422613 6 mo int on 80% 831077952 3602.77 6/1/2007 480000 479914.14 Cash Out Refinance 8.9 Stated Income Documentation AA+ 600000 600000 0 479957.23 6 mo int on 80% 831077956 2513.99 7/1/2007 367500 367279.42 Purchase 7.85 Stated Income Documentation AA+ 490000 490000 490000 367390.07 6 mo int on 80% 831077957 3118.91 6/1/2007 420000 419921.89 Cash Out Refinance 8.8 Stated Income Documentation AA+ 550000 550000 0 419961.09 6 mo int on 80% 831077970 3881.2 6/1/2007 540000 539887.2 Cash Out Refinance 8.5 Stated Income Documentation AA+ 600000 600000 0 539943.8 6 mo int on 80% 831077975 5710.37 6/1/2007 783000 782605.13 Cash Out Refinance 8.45 Stated Income Documentation AA+ 885000 885000 0 783000 6 mo int on 80% 831078008 3814.23 6/1/2007 449600 449456.79 Cash Out Refinance 9.99 Stated Income Documentation B 562000 562000 0 449528.69 6 mo int on 80% 831078076 4432.95 6/1/2007 585000 584831.43 Purchase 8.99 Full Documentation AA+ 650000 650000 650000 584882.63 6 mo int on 80% 831078085 3667.26 6/1/2007 440000 439851.53 Cash Out Refinance 9.8 Stated Income Documentation AA+ 550000 550000 0 439926.06 6 mo int on 80% 831078201 2432.75 6/1/2007 308000 307954.52 Purchase 9.39 Stated Income Documentation AA+ 385000 385000 385000 308000 6 mo int on 80% 831078202 3398.31 6/1/2007 441000 440810.33 Cash Out Refinance 8.99 Full Documentation AA+ 490000 490000 0 440905.52 6 mo int on 80% 831078211 3190.81 6/1/2007 432000 431918.08 Cash Out Refinance 8.75 Full Documentation AA+ 480000 480000 0 431959.19 6 mo int on 80% 831078212 5266.62 5/1/2007 620800 620602.26 Cash Out Refinance 9.99 Stated Income Documentation AA+ 850000 850000 0 620800 None 951003005 4350.51 7/1/2007 622200 621273.59 Purchase 7.5 Full Documentation AA+ 760000 760000 732000 621273.59 6 mo int on 80% 951003654 1471.21 6/1/2007 163500 163432.17 Rate/Term Refinance 10.3 Full Documentation AA+ 218000 218000 0 163500 2% of ppd amt 951003784 3938.61 6/1/2007 472500 471782.33 Cash Out Refinance 9.4 Stated Income Documentation AA+ 525000 525000 0 472023.42 3% / 2% / 1% 951003896 2329.64 7/1/2007 270000 269875.36 Purchase 9.8 Stated Income Documentation AA+ 300000 300000 300000 270000 6 mo int on 80% 951003928 3083.35 7/1/2007 487500 487414.04 Cash Out Refinance 7.4 Stated Income Documentation AA+ 650000 650000 0 487414.04 None 951003997 4699.31 6/1/2007 507500 507304.75 Cash Out Refinance 10.65 Stated Income Documentation B 725000 725000 0 507500 6 mo int on 80% 951004277 1676.47 6/1/2007 241110 240971.4 Purchase 8 Full Documentation AA+ 278000 278000 267900 241040.93 1% of UPB 951004355 2340.43 6/1/2007 260100 259883.26 Purchase 10.3 Full Documentation AA+ 340000 340000 289000 259992.09 1% of amt prepaid 951004471 521.76 6/1/2007 51300 51284.83 Cash Out Refinance 11.85 Full Documentation AA+ 79000 57000 0 51300 1% of amt prepaid 951004494 4197.01 6/1/2007 702000 701736.72 Rate/Term Refinance 6.95 Stated Income Documentation AA+ 780000 780000 0 701868.74 6 mo int on 80% 951004544 3554.01 6/1/2007 472500 472391.3 Cash Out Refinance 8.75 Full Documentation AA+ 606000 500000 0 472500 3% / 2% / 1% 951004598 939.08 6/1/2007 125000 124840.05 Cash Out Refinance 8.25 Full Documentation AA 180000 180000 0 124920.3 6 mo int on 80% 951004624 5214.1 6/1/2007 675000 674187.67 Cash Out Refinance 8.55 Full Documentation A 900000 900000 0 674595.28 6 mo int on 80% 951004645 2686.93 6/1/2007 340000 339806.4 Purchase 8.8 Stated Income Documentation AA+ 682000 682000 680000 340000 6 mo int on 80% 951004696 909.64 6/1/2007 89775 89748.15 Purchase 11.8 Stated Income Documentation AA+ 114800 95000 99750 89775 1% of amt prepaid 951004852 4195.93 6/1/2007 446250 446200.48 Cash Out Refinance 11.15 Stated Income Documentation AA+ 525000 525000 0 446250 6 mo int on 80% 951004856 1373.46 5/1/2007 135000 134993.55 Purchase 12.18 Stated Income Documentation AA+ 150000 150000 150000 135000 3% / 2% / 1% 951004926 964.62 7/1/2007 109000 108952.8 Purchase 10.1 Full Documentation AA+ 177500 157000 157000 109000 1% of amt prepaid 951005009 1228.63 6/1/2007 145800 145728.66 Purchase 9.525 Full Documentation AA+ 162000 162000 162000 145800 1% of amt prepaid 951005055 3298.8 7/1/2007 450000 449697.45 Purchase 7.99 Stated Income Documentation AA+ 535000 535000 500000 449697.45 3% / 2% / 1% 951005151 757.23 6/1/2007 79200 79172.07 Purchase 11.05 Full Documentation AA+ 118000 88000 88000 79200 1% of amt prepaid 951005307 1022.27 6/1/2007 116000 115949.23 Cash Out Refinance 10.05 Business Bank Statements A 145000 140000 0 116000 3% / 2% / 1% 951005417 1605.15 6/1/2007 202500 202485.32 Purchase 9.425 Full Documentation AA+ 227000 227000 225000 202500 1% of amt prepaid 951005441 702.04 6/1/2007 72000 71975.96 Purchase 11.3 Full Documentation AA+ 80000 80000 80000 72000 1% of amt prepaid 951006293 3240 6/1/2007 387000 386807.63 Purchase 9.45 Stated Income Documentation AA+ 430000 430000 430000 387000 None 961078209 3718.77 6/1/2007 495000 494366.54 Rate/Term Refinance 8.25 Full Documentation AA 550000 550000 0 494684.36 1% of UPB 961078240 3498.38 6/1/2007 390400 390236.29 Purchase 10.25 Stated Income Documentation AA+ 525000 488000 488000 390400 6 mo int on 80% ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 597 215,433,582.45 215,334,675.34 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 2,200 562,397,805.30 562,080,116.76 ===================================================================================================================================================================================================================================================================================================================================================================================================================================================== Loan Number Prepayment Term Remaining Prepayment Term Rounding Code Product Lien Position Minimum Mortgage Rate Maximum Mortgage Rate Gross Margin Next Adjustment Date Initial Periodic Rate Cap Subsequent Rate Cap Group ----------- --------------- ------------------------- -------------------- ------- ------------- --------------------- --------------------- ------------ -------------------- ------------------------- ------------------- ----- 061079632 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061080782 24 22 U 2/28 6 MO LIBOR First Lien 6 16.75 6 4/1/2009 1.5 1.5 Group 1 061081059 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081303 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081475 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081673 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081687 24 24 U 2/28 6 MO LIBOR First Lien 6 16.15 6 6/1/2009 1.5 1.5 Group 1 061081769 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081841 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 17.39 6.2 6/1/2009 1.5 1.5 Group 1 061081858 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061081859 24 24 U 2/28 6 MO LIBOR First Lien 6.2 16.8 6.2 6/1/2009 1.5 1.5 Group 1 061081957 36 35 U 3/27 6 MO LIBOR First Lien 6 14.65 6 5/1/2010 1.5 1.5 Group 1 061082032 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 061082043 24 23 N 2/28 6 MO LIBOR First Lien 6 18 6 5/1/2009 3 1 Group 1 061082137 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082173 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082177 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.99 6 6/1/2009 1.5 1.5 Group 1 061082216 36 36 U 3/27 6 MO LIBOR First Lien 6 14.287 6 6/1/2010 1.5 1.5 Group 1 061082358 36 36 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 15.55 6 6/1/2012 1.5 1.5 Group 1 061082361 24 23 U 2/28 6 MO LIBOR First Lien 6.4 15.65 6.4 5/1/2009 1.5 1.5 Group 1 061082364 24 23 U 2/28 6 MO LIBOR First Lien 6 16.3 6 5/1/2009 1.5 1.5 Group 1 061082373 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082414 36 36 U 5/25 6 MO LIBOR First Lien 6 14.525 6 6/1/2012 1.5 1.5 Group 1 061082436 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082474 24 24 U 2/28 6 MO LIBOR First Lien 6.2 17.55 6.2 6/1/2009 1.5 1.5 Group 1 061082479 36 36 U 5/25 6 MO LIBOR First Lien 6 14.99 6 6/1/2012 1.5 1.5 Group 1 061082485 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082497 24 23 U 2/28 6 MO LIBOR First Lien 6 14.75 6 5/1/2009 1.5 1.5 Group 1 061082508 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082549 24 24 U 2/28 6 MO LIBOR First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 061082578 24 24 U 2/28 6 MO LIBOR First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 061082591 24 24 U 2/28 6 MO LIBOR First Lien 6 15.625 6 6/1/2009 1.5 1.5 Group 1 061082628 24 24 U 2/28 6 MO LIBOR First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 061082635 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082644 24 24 U 2/28 6 MO LIBOR First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 061082693 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082716 24 24 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 061082728 24 24 U 2/28 6 MO LIBOR First Lien 6 17.85 6 6/1/2009 1.5 1.5 Group 1 061082745 24 24 U 2/28 6 MO LIBOR First Lien 6.65 16.325 6.65 6/1/2009 1.5 1.5 Group 1 061082763 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082772 24 24 U 2/28 6 MO LIBOR First Lien 6 16.675 6 6/1/2009 1.5 1.5 Group 1 061082794 24 23 U 2/28 6 MO LIBOR First Lien 6 16.825 6 5/1/2009 1.5 1.5 Group 1 061082808 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082815 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082819 0 0 U 2/28 6 MO LIBOR First Lien 6.2 17.9 6.2 6/1/2009 1.5 1.5 Group 1 061082823 24 24 U 2/28 6 MO LIBOR First Lien 6 13.65 6 6/1/2009 1.5 1.5 Group 1 061082827 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.425 6 5/1/2009 1.5 1.5 Group 1 061082843 24 24 U 2/28 6 MO LIBOR First Lien 6 16 6 6/1/2009 1.5 1.5 Group 1 061082845 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082855 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082857 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082880 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.65 6 6/1/2009 1.5 1.5 Group 1 061082882 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061082979 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061083022 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 061083042 24 24 U 2/28 6 MO LIBOR First Lien 6 15.2 6 6/1/2009 1.5 1.5 Group 1 061083063 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061083128 24 24 U 2/28 6 MO LIBOR First Lien 6 16.75 6 6/1/2009 1.5 1.5 Group 1 061083207 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061083211 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061083224 24 24 U 2/28 6 MO LIBOR First Lien 6 17.85 6 6/1/2009 1.5 1.5 Group 1 061083282 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 061083484 24 24 U 2/28 6 MO LIBOR First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 111003367 36 35 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 111003370 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.05 6 5/1/2009 1.5 1.5 Group 1 111003372 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 111003397 24 23 U 2/28 6 MO LIBOR First Lien 6 14.85 6 5/1/2009 1.5 1.5 Group 1 111003400 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.05 6 5/1/2009 1.5 1.5 Group 1 111003414 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 111003423 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 111003433 36 36 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 12.012 6 6/1/2012 1.5 1.5 Group 1 111003440 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 111003451 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 111003476 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 111003485 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 111003488 24 23 N 2/28 6 MO LIBOR First Lien 6 12.375 6 5/1/2009 1.5 1.5 Group 1 111003490 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 111003495 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 111003500 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 111003501 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 111003502 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 111003513 24 24 N 2/28 6 MO LIBOR First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 111003547 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121053813 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121053909 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.175 6 6/1/2012 1.5 1.5 Group 1 121054170 0 0 N 2/28 6 MO LIBOR First Lien 6 15.7 6 5/1/2009 1.5 1.5 Group 1 121054274 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 12.65 6.2 6/1/2009 1.5 1.5 Group 1 121054281 24 23 U 2/28 6 MO LIBOR First Lien 6 18.1 6 5/1/2009 1.5 1.5 Group 1 121054309 0 0 U 3/27 6 MO LIBOR First Lien 6 14.875 6 6/1/2010 1.5 1.5 Group 1 121054351 24 23 U 2/28 6 MO LIBOR First Lien 6 16.25 6 5/1/2009 1.5 1.5 Group 1 121054411 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.2 6 6/1/2009 1.5 1.5 Group 1 121054432 0 0 U 2/28 6 MO LIBOR First Lien 5 15.175 5 6/1/2009 1.5 1.5 Group 1 121054469 0 0 N 2/28 6 MO LIBOR First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 121054477 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.55 6.65 6/1/2009 1.5 1.5 Group 1 121054509 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121054549 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121054559 0 0 U 2/28 6 MO LIBOR First Lien 6 16.85 6 6/1/2009 1.5 1.5 Group 1 121054562 0 0 N 2/28 6 MO LIBOR First Lien 5.37 15.2 5.37 6/1/2009 1.5 1.5 Group 1 121054565 0 0 N 2/28 6 MO LIBOR First Lien 6 17.05 6 6/1/2009 1.5 1.5 Group 1 121054580 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121054587 0 0 U 2/28 6 MO LIBOR First Lien 6.75 16.95 6.75 6/1/2009 1.5 1.5 Group 1 121054605 0 0 N 2/28 6 MO LIBOR First Lien 6.4 14.75 6.4 6/1/2009 1.5 1.5 Group 1 121054684 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 121054703 24 22 N 2/28 6 MO LIBOR First Lien 6 15.925 6 5/1/2009 1.5 1.5 Group 1 121054705 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.075 6 6/1/2009 1.5 1.5 Group 1 121054706 0 0 U 2/28 6 MO LIBOR First Lien 6 15.625 6 6/1/2009 1.5 1.5 Group 1 121054713 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.2 13.425 6.2 6/1/2009 1.5 1.5 Group 1 121054737 24 24 U 2/28 6 MO LIBOR First Lien 6 17.075 6 6/1/2009 1.5 1.5 Group 1 121054739 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 17.1 6 5/1/2009 1.5 1.5 Group 1 121054741 0 0 N 2/28 6 MO LIBOR First Lien 6.2 15.725 6.2 5/1/2009 1.5 1.5 Group 1 121054746 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 16 6 6/1/2009 1.5 1.5 Group 1 121054756 24 24 U 2/28 6 MO LIBOR First Lien 6 14.4 6 6/1/2009 1.5 1.5 Group 1 121054791 0 0 N 2/28 6 MO LIBOR First Lien 6.4 17.85 6.4 6/1/2009 1.5 1.5 Group 1 121054857 0 0 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 14.9 6 6/1/2010 1.5 1.5 Group 1 121054906 0 0 N 2/28 6 MO LIBOR First Lien 6.4 14.65 6.4 6/1/2009 1.5 1.5 Group 1 121054962 24 24 U 2/28 6 MO LIBOR First Lien 6 16.75 6 6/1/2009 1.5 1.5 Group 1 151039848 0 0 U 3/27 6 MO LIBOR First Lien 5.6 13.77 5.6 1/1/2010 3 1 Group 1 151041803 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151041996 0 0 U 2/28 6 MO LIBOR First Lien 6 15.51 6 6/1/2009 1.5 1.5 Group 1 151042394 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 16.52 6.4 5/1/2009 1.5 1.5 Group 1 151042775 0 0 N 2/28 6 MO LIBOR First Lien 8.67 14.67 6 5/1/2009 3 1 Group 1 151042807 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151043084 24 23 U 2/28 6 MO LIBOR First Lien 6.2 14.3 6.2 5/1/2009 3 1 Group 1 151043495 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.8 6.4 6/1/2009 1.5 1.5 Group 1 151043907 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151043937 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 18.32 6.2 5/1/2009 1.5 1.5 Group 1 151043983 24 23 U 2/28 6 MO LIBOR First Lien 6 13.45 6 5/1/2009 1.5 1.5 Group 1 151043998 24 23 U 2/28 6 MO LIBOR First Lien 6 15.8 6 5/1/2009 1.5 1.5 Group 1 151044061 24 24 U 2/28 6 MO LIBOR First Lien 6 15.9 6 6/1/2009 1.5 1.5 Group 1 151044138 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 151044146 0 0 U 2/28 6 MO LIBOR First Lien 6 17.7 6 5/1/2009 1.5 1.5 Group 1 151044155 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044184 0 0 U 2/28 6 MO LIBOR IO First Lien 6 14.6 6 5/1/2009 1.5 1 Group 1 151044209 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.22 6 5/1/2009 1.5 1.5 Group 1 151044241 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044256 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044286 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 16.4 6.4 5/1/2009 1.5 1.5 Group 1 151044294 0 0 N 2/28 6 MO LIBOR First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 151044301 24 24 U 2/28 6 MO LIBOR First Lien 6 15.4 6 6/1/2009 1.5 1.5 Group 1 151044332 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.55 6.2 6/1/2009 1.5 1.5 Group 1 151044343 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044359 0 0 U 2/28 6 MO LIBOR First Lien 6 16.65 6 6/1/2009 1.5 1.5 Group 1 151044361 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044362 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044439 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044463 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044471 24 24 U 2/28 6 MO LIBOR First Lien 6 15.75 6 6/1/2009 1.5 1.5 Group 1 151044473 24 24 U 2/28 6 MO LIBOR First Lien 6.5 18.35 6.5 6/1/2009 1.5 1.5 Group 1 151044485 0 0 U 2/28 6 MO LIBOR First Lien 6 15.75 6 6/1/2009 1.5 1.5 Group 1 151044503 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.9 6.2 6/1/2009 1.5 1.5 Group 1 151044533 24 24 U 2/28 6 MO LIBOR First Lien 6.65 17.8 6.65 6/1/2009 1.5 1.5 Group 1 151044544 24 23 U 2/28 6 MO LIBOR First Lien 6.2 15.575 6.2 5/1/2009 1.5 1.5 Group 1 151044551 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.9 6.2 5/1/2009 1.5 1.5 Group 1 151044556 0 0 U 2/28 6 MO LIBOR First Lien 6 17.05 6 6/1/2009 1.5 1.5 Group 1 151044582 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 151044588 0 0 U 2/28 6 MO LIBOR First Lien 6.65 16.45 6.65 5/1/2009 1.5 1.5 Group 1 151044602 0 0 U 2/28 6 MO LIBOR First Lien 6 17.1 6 5/1/2009 1.5 1.5 Group 1 151044623 0 0 U 2/28 6 MO LIBOR First Lien 6 16.62 6 6/1/2009 1.5 1.5 Group 1 151044628 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151044638 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.87 6.65 6/1/2009 1.5 1.5 Group 1 151044639 0 0 U 2/28 6 MO LIBOR First Lien 6.2 18.15 6.2 6/1/2009 1.5 1.5 Group 1 151044652 0 0 N 2/28 6 MO LIBOR First Lien 6 18.5 6 5/1/2009 1.5 1.5 Group 1 151044653 0 0 N 2/28 6 MO LIBOR First Lien 6 17.6 6 5/1/2009 1.5 1.5 Group 1 151044656 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 151044668 24 24 U 2/28 6 MO LIBOR First Lien 6.2 16.6 6.2 6/1/2009 1.5 1.5 Group 1 151044718 0 0 U 2/28 6 MO LIBOR First Lien 7.25 15.57 7.25 6/1/2009 1.5 1.5 Group 1 151044723 0 0 U 2/28 6 MO LIBOR First Lien 6.2 14.87 6.2 6/1/2009 1.5 1.5 Group 1 151044740 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.17 6 6/1/2009 1.5 1.5 Group 1 151044756 24 24 U 2/28 6 MO LIBOR First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 151044780 0 0 U 2/28 6 MO LIBOR First Lien 6 15.87 6 6/1/2009 1.5 1.5 Group 1 151044795 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 151044812 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 16.72 6.4 6/1/2009 1.5 1.5 Group 1 151044876 0 0 U 2/28 6 MO LIBOR First Lien 6 15.4 6 6/1/2009 1.5 1.5 Group 1 151044891 0 0 U 2/28 6 MO LIBOR First Lien 6.4 13.75 6.4 6/1/2009 1.5 1.5 Group 1 151044895 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.02 6.65 6/1/2009 1.5 1.5 Group 1 151044963 12 12 U 2/28 6 MO LIBOR First Lien 6.2 17.99 6.2 6/1/2009 1.5 1.5 Group 1 151044980 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 151045062 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 161053979 24 24 U 2/28 6 MO LIBOR First Lien 6.2 14.95 6.2 6/1/2009 1.5 1.5 Group 1 161054121 0 0 U 5/25 6 MO LIBOR First Lien 6 14.5 6 6/1/2012 1.5 1.5 Group 1 161054129 0 0 N 2/28 6 MO LIBOR First Lien 6 14.025 6 5/1/2009 1.5 1.5 Group 1 161054140 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 161054187 0 0 U 2/28 6 MO LIBOR First Lien 6.2 13.75 6.2 5/1/2009 1.5 1.5 Group 1 161054200 0 0 U 2/28 6 MO LIBOR First Lien 6 16.825 6 6/1/2009 1.5 1.5 Group 1 161054256 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 161054258 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 161054265 0 0 U 2/28 6 MO LIBOR First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 161054269 0 0 U 2/28 6 MO LIBOR First Lien 6 14.87 6 6/1/2009 1.5 1.5 Group 1 161054278 0 0 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 15.9 6 5/1/2010 1.5 1.5 Group 1 161054287 24 24 U 2/28 6 MO LIBOR First Lien 6 17.75 6 6/1/2009 1.5 1.5 Group 1 161054293 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 161054312 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.65 6 6/1/2009 1.5 1.5 Group 1 161054332 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 161054358 24 23 U 2/28 6 MO LIBOR First Lien 6 14.25 6 5/1/2009 1.5 1.5 Group 1 161054362 0 0 U 2/28 6 MO LIBOR First Lien 6 14.1 6 5/1/2009 1.5 1.5 Group 1 161054366 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 161054378 0 0 U 2/28 6 MO LIBOR First Lien 6 14.99 6 6/1/2009 1.5 1.5 Group 1 161054384 24 24 U 2/28 6 MO LIBOR First Lien 7.25 15.895 7.25 6/1/2009 1.5 1.5 Group 1 161054385 0 0 U 2/28 6 MO LIBOR First Lien 6 14.17 6 5/1/2009 1.5 1.5 Group 1 161054399 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 5/1/2009 1.5 1.5 Group 1 161054411 24 23 U 2/28 6 MO LIBOR First Lien 6.65 13.97 6.65 5/1/2009 1.5 1.5 Group 1 161054438 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.25 6 6/1/2009 1.5 1.5 Group 1 161054450 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.3 6 5/1/2009 1.5 1.5 Group 1 161054455 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.35 6.4 6/1/2009 1.5 1.5 Group 1 161054457 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.3 6.2 6/1/2009 1.5 1.5 Group 1 161054486 0 0 U 2/28 6 MO LIBOR First Lien 6.2 14.35 6.2 6/1/2009 1.5 1.5 Group 1 161054493 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.17 6 5/1/2009 1.5 1.5 Group 1 161054518 0 0 U 2/28 6 MO LIBOR First Lien 6.4 14.57 6.4 5/1/2009 1.5 1.5 Group 1 161054519 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.95 6.2 6/1/2009 1.5 1.5 Group 1 161054530 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 161054533 0 0 U 2/28 6 MO LIBOR First Lien 6.65 15.87 6.65 6/1/2009 1.5 1.5 Group 1 161054550 24 24 U 2/28 6 MO LIBOR First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 161054552 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.5 6 6/1/2009 1.5 1.5 Group 1 161054554 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 16.25 6.65 6/1/2009 1.5 1.5 Group 1 161054556 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 161054564 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.87 6 6/1/2009 1.5 1.5 Group 1 161054565 0 0 U 2/28 6 MO LIBOR First Lien 6.4 13.75 6.4 5/1/2009 1.5 1.5 Group 1 161054567 0 0 U 2/28 6 MO LIBOR First Lien 6 14.62 6 6/1/2009 1.5 1.5 Group 1 161054571 24 24 U 2/28 6 MO LIBOR First Lien 6 16.95 6 6/1/2009 1.5 1.5 Group 1 161054587 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.27 6.2 5/1/2009 1.5 1.5 Group 1 161054610 36 36 U 5/25 6 MO LIBOR First Lien 6 14.35 6 6/1/2012 1.5 1.5 Group 1 161054671 0 0 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 17.3 6 6/1/2012 1.5 1.5 Group 1 171042868 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171042946 36 35 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 171043092 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043180 24 24 U 2/28 6 MO LIBOR First Lien 7.25 16.8 7.25 6/1/2009 1.5 1.5 Group 1 171043217 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043261 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043421 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043633 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043669 0 0 N 2/28 6 MO LIBOR First Lien 6.4 15.7 6.4 5/1/2009 1.5 1.5 Group 1 171043681 0 0 N 2/28 6 MO LIBOR First Lien 6 14.25 6 5/1/2009 1.5 1.5 Group 1 171043696 24 24 U 2/28 6 MO LIBOR First Lien 6 15.309 6 6/1/2009 1.5 1.5 Group 1 171043704 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043771 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043782 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043803 24 23 U 2/28 6 MO LIBOR First Lien 7 16.2 7 5/1/2009 1.5 1.5 Group 1 171043805 24 23 U 2/28 6 MO LIBOR First Lien 6 16.45 6 5/1/2009 1.5 1.5 Group 1 171043807 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043839 24 23 U 2/28 6 MO LIBOR First Lien 6 14.25 6 5/1/2009 1.5 1.5 Group 1 171043865 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.75 6 5/1/2009 1.5 1.5 Group 1 171043887 24 24 U 2/28 6 MO LIBOR First Lien 6 16.3 6 6/1/2009 1.5 1.5 Group 1 171043919 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171043935 24 24 N 2/28 6 MO LIBOR First Lien 6 13.625 6 6/1/2009 1.5 1.5 Group 1 171043955 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 12.9 6.2 6/1/2009 1.5 1.5 Group 1 171043965 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.75 6 5/1/2012 1.5 1.5 Group 1 171043968 24 24 U 2/28 6 MO LIBOR First Lien 6.2 15.4 6.2 6/1/2009 1.5 1.5 Group 1 171043980 24 24 U 2/28 6 MO LIBOR IO First Lien 6 14.8 6 6/1/2009 1.5 1 Group 1 171044000 12 12 U 2/28 6 MO LIBOR First Lien 6 14.25 6 6/1/2009 1.5 1.5 Group 1 171044034 36 35 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 171044049 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.25 6 6/1/2009 1.5 1.5 Group 1 171044080 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.9 6 6/1/2009 1.5 1.5 Group 1 171044081 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 15.25 6 5/1/2012 1.5 1.5 Group 1 171044093 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.8 6 5/1/2009 1.5 1.5 Group 1 171044102 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 171044103 24 24 U 2/28 6 MO LIBOR First Lien 6 15.05 6 6/1/2009 1.5 1.5 Group 1 171044108 24 24 U 2/28 6 MO LIBOR First Lien 6 15.45 6 6/1/2009 1.5 1.5 Group 1 171044125 24 24 U 2/28 6 MO LIBOR First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 171044129 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 171044130 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.5 6.2 5/1/2009 1.5 1.5 Group 1 171044139 12 12 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.25 14.5 7.25 6/1/2009 1.5 1.5 Group 1 171044141 24 23 U 2/28 6 MO LIBOR First Lien 6.4 15.35 6.4 5/1/2009 1.5 1.5 Group 1 171044172 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.85 6 6/1/2009 1.5 1.5 Group 1 171044210 24 24 N 2/28 6 MO LIBOR First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 171044226 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.8 6 5/1/2009 1.5 1.5 Group 1 171044227 24 24 U 2/28 6 MO LIBOR First Lien 6 14.4 6 6/1/2009 1.5 1.5 Group 1 171044228 36 33 N 3/27 6 MO LIBOR 40/30 Balloon First Lien 6.95 13.95 6.05 3/1/2010 1.5 1.5 Group 1 171044241 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171044252 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.3 6 6/1/2009 1.5 1.5 Group 1 171044266 0 0 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 171044271 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.15 6 6/1/2009 1.5 1.5 Group 1 171044284 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.7 6 6/1/2012 1.5 1.5 Group 1 171044292 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.05 6 6/1/2009 1.5 1.5 Group 1 171044296 12 12 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.25 6 6/1/2009 1.5 1.5 Group 1 171044307 24 24 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 13.55 6 6/1/2010 1.5 1.5 Group 1 171044350 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 171044402 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 171044447 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 171044453 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.39 6 6/1/2009 1.5 1.5 Group 1 171044463 24 24 U 2/28 6 MO LIBOR First Lien 6 15.8 6 6/1/2009 1.5 1.5 Group 1 171044488 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.2 6 6/1/2009 1.5 1.5 Group 1 191037099 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 13.45 6.65 4/1/2009 3 1 Group 1 191037708 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 191037758 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191038215 24 23 U 2/28 6 MO LIBOR First Lien 6.65 16.55 6.65 5/1/2009 3 1 Group 1 191038652 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.4 6 5/1/2009 1.5 1.5 Group 1 191038750 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 5/1/2009 1.5 1.5 Group 1 191038863 24 23 U 2/28 6 MO LIBOR First Lien 6.2 14.95 6.2 5/1/2009 1.5 1.5 Group 1 191038913 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.45 6 5/1/2012 1.5 1.5 Group 1 191038917 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 5/1/2009 1.5 1.5 Group 1 191038928 12 11 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 15.05 6.2 5/1/2009 1.5 1.5 Group 1 191038951 24 24 U 2/28 6 MO LIBOR First Lien 6 13.55 6 6/1/2009 1.5 1.5 Group 1 191038963 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.55 6 6/1/2009 1.5 1.5 Group 1 191038965 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191038982 24 24 N 2/28 6 MO LIBOR First Lien 6 12.75 6 6/1/2009 1.5 1.5 Group 1 191039020 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.4 14.45 6.4 5/1/2009 1.5 1.5 Group 1 191039034 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 7 17.4 7 5/1/2009 1.5 1.5 Group 1 191039048 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.4 6 6/1/2009 1.5 1.5 Group 1 191039049 24 24 U 2/28 6 MO LIBOR First Lien 6 15.1 6 6/1/2009 1.5 1.5 Group 1 191039074 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.2 6 6/1/2009 1.5 1.5 Group 1 191039107 12 11 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.65 6.2 5/1/2009 1.5 1.5 Group 1 191039111 24 23 U 2/28 6 MO LIBOR First Lien 6 14.9 6 5/1/2009 1.5 1.5 Group 1 191039113 24 23 U 2/28 6 MO LIBOR First Lien 6 15.65 6 5/1/2009 1.5 1.5 Group 1 191039114 24 23 U 2/28 6 MO LIBOR First Lien 6 15.65 6 5/1/2009 1.5 1.5 Group 1 191039115 24 23 U 2/28 6 MO LIBOR First Lien 6 15.65 6 5/1/2009 1.5 1.5 Group 1 191039151 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 10.4 16.4 6.65 5/1/2009 1.5 1.5 Group 1 191039186 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.2 6.2 5/1/2009 1.5 1.5 Group 1 191039191 36 36 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.49 6.2 6/1/2010 1.5 1.5 Group 1 191039192 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.85 6 6/1/2009 1.5 1.5 Group 1 191039209 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.45 6 6/1/2009 1.5 1.5 Group 1 191039213 24 23 U 2/28 6 MO LIBOR First Lien 7.4 15.95 7.4 5/1/2009 1.5 1.5 Group 1 191039219 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.05 6.2 6/1/2009 1.5 1.5 Group 1 191039231 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.65 6 5/1/2009 1.5 1.5 Group 1 191039239 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 191039249 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.65 6 6/1/2009 1.5 1.5 Group 1 191039257 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.99 6 5/1/2009 1.5 1.5 Group 1 191039278 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 16 6 5/1/2009 1.5 1.5 Group 1 191039280 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191039312 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 191039336 12 11 U 2/28 6 MO LIBOR First Lien 6.9 18.1 6.9 5/1/2009 1.5 1.5 Group 1 191039370 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191039372 36 36 N 5/25 6 MO LIBOR First Lien 7.3 13.3 6 6/1/2012 1.5 1.5 Group 1 191039377 0 0 U 2/28 6 MO LIBOR First Lien 6 17.45 6 6/1/2009 1.5 1.5 Group 1 191039385 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.2 6 6/1/2009 1.5 1.5 Group 1 191039405 24 24 U 2/28 6 MO LIBOR First Lien 6 13.25 6 6/1/2009 1.5 1.5 Group 1 191039413 36 36 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 191039415 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.6 6 6/1/2009 1.5 1.5 Group 1 191039417 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 191039423 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.9 6 6/1/2009 1.5 1.5 Group 1 191039461 24 24 U 2/28 6 MO LIBOR First Lien 6.4 14.7 6.4 6/1/2009 1.5 1.5 Group 1 191039462 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 191039495 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.8 6 6/1/2009 1.5 1.5 Group 1 191039512 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 16.125 6 6/1/2009 1.5 1.5 Group 1 191039531 24 24 U 2/28 6 MO LIBOR First Lien 6.65 15.15 6.65 6/1/2009 1.5 1.5 Group 1 191039536 0 0 U 2/28 6 MO LIBOR First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 191039539 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191039570 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.2 6 6/1/2009 1.5 1.5 Group 1 191039596 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 191039607 24 24 U 2/28 6 MO LIBOR First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 191039652 12 12 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.6 6 6/1/2009 1.5 1.5 Group 1 211055076 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211055154 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211055281 24 23 U 2/28 6 MO LIBOR First Lien 6 15.67 6 5/1/2009 3 1 Group 1 211055871 24 24 U 2/28 6 MO LIBOR First Lien 6.2 14.925 6.2 6/1/2009 1.5 1.5 Group 1 211056512 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.2 6 6/1/2009 1.5 1.5 Group 1 211056530 0 0 U 2/28 6 MO LIBOR First Lien 6 16.85 6 5/1/2009 1.5 1.5 Group 1 211056620 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.1 6 6/1/2009 1.5 1.5 Group 1 211056771 24 23 U 2/28 6 MO LIBOR First Lien 6 15.97 6 5/1/2009 1.5 1.5 Group 1 211056830 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211056847 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211056995 36 36 U 3/27 6 MO LIBOR First Lien 6.2 14.925 6.2 6/1/2010 1.5 1.5 Group 1 211057020 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057047 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057091 0 0 U 2/28 6 MO LIBOR First Lien 6 14.55 6 5/1/2009 1.5 1.5 Group 1 211057113 0 0 U 2/28 6 MO LIBOR First Lien 6 17.1 6 5/1/2009 1.5 1.5 Group 1 211057114 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.45 6 6/1/2009 1.5 1.5 Group 1 211057135 0 0 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 211057153 24 24 U 2/28 6 MO LIBOR First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 211057169 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211057185 36 35 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 14.47 6 5/1/2010 1.5 1.5 Group 1 211057186 24 23 U 2/28 6 MO LIBOR First Lien 6 13.95 6 5/1/2009 1.5 1.5 Group 1 211057206 24 24 U 2/28 6 MO LIBOR First Lien 6.65 14.12 6.65 6/1/2009 1.5 1.5 Group 1 211057210 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057219 24 23 U 2/28 6 MO LIBOR IO First Lien 5.5 13.62 5.5 6/1/2009 1.5 1.5 Group 1 211057232 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.25 6 5/1/2009 1.5 1.5 Group 1 211057236 36 35 U 3/27 6 MO LIBOR First Lien 6 13.975 6 5/1/2010 1.5 1.5 Group 1 211057243 24 23 U 2/28 6 MO LIBOR First Lien 6 14.4 6 5/1/2009 1.5 1.5 Group 1 211057291 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057294 36 35 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.77 6 5/1/2009 1.5 1.5 Group 1 211057297 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057307 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057315 24 24 U 2/28 6 MO LIBOR First Lien 6 13.65 6 6/1/2009 1.5 1.5 Group 1 211057320 24 23 U 2/28 6 MO LIBOR First Lien 6 13.4 6 5/1/2009 1.5 1.5 Group 1 211057321 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211057336 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 14.99 6.2 5/1/2009 1.5 1.5 Group 1 211057353 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 211057416 24 23 U 2/28 6 MO LIBOR First Lien 6 16.3 6 5/1/2009 1.5 1.5 Group 1 211057417 0 0 U 2/28 6 MO LIBOR First Lien 6.2 18.4 6.2 5/1/2009 1.5 1.5 Group 1 211057429 24 24 U 2/28 6 MO LIBOR First Lien 6 14.95 6 6/1/2009 1.5 1.5 Group 1 211057442 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.2 6 6/1/2009 1.5 1.5 Group 1 211057462 0 0 U 2/28 6 MO LIBOR First Lien 6 17.9 6 5/1/2009 1.5 1.5 Group 1 211057469 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 211057482 24 23 U 2/28 6 MO LIBOR First Lien 6 17.5 6 5/1/2009 1.5 1.5 Group 1 211057503 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.62 6 5/1/2009 1.5 1.5 Group 1 211057508 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057516 36 36 0 Fixed Rate 30 Yr Rate Reduction First Lien 0 0 0 0 0 Group 1 211057528 0 0 U 2/28 6 MO LIBOR First Lien 6 14.25 6 6/1/2009 1.5 1.5 Group 1 211057568 24 23 U 2/28 6 MO LIBOR First Lien 6 13.45 6 5/1/2009 1.5 1.5 Group 1 211057599 24 24 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 211057604 0 0 N 2/28 6 MO LIBOR First Lien 6.2 16.7 6.2 6/1/2009 1.5 1.5 Group 1 211057614 0 0 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 5.6 12.85 5.6 6/1/2010 1.5 1.5 Group 1 211057640 24 24 U 2/28 6 MO LIBOR First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 211057656 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057663 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.15 6 6/1/2009 1.5 1.5 Group 1 211057666 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057692 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057711 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.57 6 6/1/2009 1.5 1.5 Group 1 211057713 0 0 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 14.45 6 6/1/2012 1.5 1.5 Group 1 211057717 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057720 12 12 U 2/28 6 MO LIBOR First Lien 6 16.5 6 6/1/2009 1.5 1.5 Group 1 211057721 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.55 14.85 6.55 5/1/2009 1.5 1.5 Group 1 211057727 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.2 13.925 6.2 5/1/2009 1.5 1.5 Group 1 211057751 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.89 6 6/1/2012 1.5 1.5 Group 1 211057770 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057773 0 0 U 2/28 6 MO LIBOR First Lien 6.4 15.5 6.4 6/1/2009 1.5 1.5 Group 1 211057798 24 24 U 2/28 6 MO LIBOR First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 211057806 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057809 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057832 24 24 U 2/28 6 MO LIBOR First Lien 6 15.1 6 6/1/2009 1.5 1.5 Group 1 211057848 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.25 6 5/1/2009 1.5 1.5 Group 1 211057851 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057878 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 211057892 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.51 6 6/1/2009 1.5 1.5 Group 1 211057899 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057917 24 24 U 2/28 6 MO LIBOR First Lien 6.4 15.99 6.4 6/1/2009 1.5 1.5 Group 1 211057972 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211057974 0 0 U 2/28 6 MO LIBOR First Lien 6.2 14.85 6.2 6/1/2009 1.5 1.5 Group 1 211057986 24 24 U 2/28 6 MO LIBOR First Lien 6 14.02 6 6/1/2009 1.5 1.5 Group 1 211057991 0 0 U 2/28 6 MO LIBOR First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 211058000 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 211058033 24 24 U 2/28 6 MO LIBOR First Lien 6.2 14.45 6.2 6/1/2009 1.5 1.5 Group 1 211058101 24 24 U 2/28 6 MO LIBOR IO First Lien 6 13.25 6 6/1/2009 1.5 1.5 Group 1 211058102 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 211058141 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.99 6 6/1/2009 1.5 1.5 Group 1 211058175 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.05 6 6/1/2009 1.5 1.5 Group 1 211058275 0 0 U 2/28 6 MO LIBOR First Lien 6 15.6 6 6/1/2009 1.5 1.5 Group 1 211058291 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 231092397 24 24 U 2/28 6 MO LIBOR First Lien 6 14.95 6 6/1/2009 1.5 1.5 Group 1 231092623 24 24 U 2/28 6 MO LIBOR First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 231092779 24 24 U 2/28 6 MO LIBOR First Lien 6 15.15 6 6/1/2009 1.5 1.5 Group 1 231092984 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231092992 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093008 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.4 6.2 6/1/2009 1.5 1.5 Group 1 231093113 0 0 U 2/28 6 MO LIBOR First Lien 6 16.8 6 6/1/2009 1.5 1.5 Group 1 231093168 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093329 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 231093497 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093620 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093624 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093648 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093716 0 0 U 2/28 6 MO LIBOR First Lien 6.4 14.67 6.4 6/1/2009 1.5 1.5 Group 1 231093732 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 12.925 6 6/1/2010 1.5 1.5 Group 1 231093733 0 0 U 2/28 6 MO LIBOR First Lien 6 18.05 6 6/1/2009 1.5 1.5 Group 1 231093763 0 0 U 2/28 6 MO LIBOR First Lien 6 15.1 6 6/1/2009 1.5 1.5 Group 1 231093791 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 231093817 0 0 U 2/28 6 MO LIBOR First Lien 6 16.15 6 6/1/2009 1.5 1.5 Group 1 231093827 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093834 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093850 0 0 U 3/27 6 MO LIBOR First Lien 6 14.37 6 6/1/2010 1.5 1.5 Group 1 231093872 0 0 U 2/28 6 MO LIBOR First Lien 6 16.5 6 6/1/2009 1.5 1.5 Group 1 231093891 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.65 6 6/1/2009 1.5 1.5 Group 1 231093915 0 0 U 2/28 6 MO LIBOR First Lien 6.5 16.05 6.5 6/1/2009 1.5 1.5 Group 1 231093933 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.525 6.2 6/1/2009 1.5 1.5 Group 1 231093945 0 0 U 2/28 6 MO LIBOR First Lien 6 13.55 6 6/1/2009 1.5 1.5 Group 1 231093947 24 24 U 2/28 6 MO LIBOR First Lien 6.2 17.84 6.2 6/1/2009 1.5 1.5 Group 1 231093960 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231093976 0 0 U 2/28 6 MO LIBOR First Lien 6 14.9 6 5/1/2009 1.5 1.5 Group 1 231093979 12 12 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.1 6 6/1/2009 1.5 1.5 Group 1 231094027 24 23 U 2/28 6 MO LIBOR First Lien 5.361 18.25 5.361 5/1/2009 1.5 1.5 Group 1 231094042 36 36 U 5/25 6 MO LIBOR First Lien 6 12.85 6 6/1/2012 1.5 1.5 Group 1 231094046 24 24 U 2/28 6 MO LIBOR First Lien 6.4 14.75 6.4 6/1/2009 1.5 1.5 Group 1 231094052 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.95 6.2 6/1/2009 1.5 1.5 Group 1 231094078 24 24 U 2/28 6 MO LIBOR First Lien 7.2 14.3 7.2 6/1/2009 1.5 1.5 Group 1 231094092 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094107 0 0 U 2/28 6 MO LIBOR First Lien 6 16 6 6/1/2009 1.5 1.5 Group 1 231094117 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094195 0 0 U 2/28 6 MO LIBOR First Lien 6 15.37 6 6/1/2009 1.5 1.5 Group 1 231094202 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.65 6 6/1/2009 1.5 1.5 Group 1 231094228 0 0 U 2/28 6 MO LIBOR First Lien 6 16 6 6/1/2009 1.5 1.5 Group 1 231094253 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.5 6 6/1/2009 1.5 1.5 Group 1 231094260 24 24 U 2/28 6 MO LIBOR First Lien 6.65 17.3 6.65 6/1/2009 1.5 1.5 Group 1 231094277 24 24 U 2/28 6 MO LIBOR First Lien 6 15.15 6 6/1/2009 1.5 1.5 Group 1 231094298 12 12 U 2/28 6 MO LIBOR First Lien 6 17.2 6 6/1/2009 1.5 1.5 Group 1 231094304 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094310 0 0 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 13.05 6 6/1/2010 1.5 1.5 Group 1 231094335 24 24 U 2/28 6 MO LIBOR First Lien 6 15.75 6 6/1/2009 1.5 1.5 Group 1 231094358 0 0 U 2/28 6 MO LIBOR First Lien 6 14.99 6 6/1/2009 1.5 1.5 Group 1 231094377 36 36 U 5/25 6 MO LIBOR First Lien 6 16.8 6 6/1/2012 1.5 1.5 Group 1 231094382 0 0 U 3/27 6 MO LIBOR First Lien 6 17 6 6/1/2010 1.5 1.5 Group 1 231094384 0 0 U 2/28 6 MO LIBOR First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 231094385 0 0 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 13.99 6 6/1/2012 1.5 1.5 Group 1 231094392 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.8 6.4 6/1/2009 1.5 1.5 Group 1 231094394 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.84 6 6/1/2009 1.5 1.5 Group 1 231094400 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 231094417 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 231094420 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.25 6 6/1/2009 1.5 1.5 Group 1 231094433 0 0 U 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 231094449 0 0 U 2/28 6 MO LIBOR First Lien 6.2 13.5 6.2 5/1/2009 1.5 1.5 Group 1 231094455 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094465 0 0 U 2/28 6 MO LIBOR First Lien 6 16.35 6 6/1/2009 1.5 1.5 Group 1 231094469 24 24 U 2/28 6 MO LIBOR First Lien 6 14.85 6 6/1/2009 1.5 1.5 Group 1 231094485 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094486 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094500 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.97 6.4 6/1/2009 1.5 1.5 Group 1 231094502 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 231094504 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.8 6.2 5/1/2009 1.5 1.5 Group 1 231094507 24 24 U 2/28 6 MO LIBOR First Lien 6 16.99 6 6/1/2009 1.5 1.5 Group 1 231094517 24 24 U 2/28 6 MO LIBOR First Lien 6 13.65 6 6/1/2009 1.5 1.5 Group 1 231094524 0 0 U 2/28 6 MO LIBOR First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 231094534 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.99 6.2 6/1/2009 1.5 1.5 Group 1 231094539 12 12 U 2/28 6 MO LIBOR First Lien 6 15.125 6 6/1/2009 1.5 1.5 Group 1 231094569 0 0 U 2/28 6 MO LIBOR First Lien 6.2 16.9 6.2 6/1/2009 1.5 1.5 Group 1 231094589 24 24 U 2/28 6 MO LIBOR First Lien 6.4 13.92 6.4 6/1/2009 1.5 1.5 Group 1 231094594 0 0 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 231094615 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 231094641 24 24 U 2/28 6 MO LIBOR First Lien 6 16.925 6 6/1/2009 1.5 1.5 Group 1 231094642 24 24 U 2/28 6 MO LIBOR First Lien 6 17.55 6 6/1/2009 1.5 1.5 Group 1 231094646 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094653 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.87 6.2 6/1/2009 1.5 1.5 Group 1 231094667 0 0 U 2/28 6 MO LIBOR First Lien 6.7 17.35 6.7 6/1/2009 1.5 1.5 Group 1 231094709 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.57 6 6/1/2009 1.5 1.5 Group 1 231094714 0 0 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 12.97 6 6/1/2012 1.5 1.5 Group 1 231094759 12 12 U 2/28 6 MO LIBOR First Lien 6 15.6 6 6/1/2009 1.5 1.5 Group 1 231094769 0 0 U 2/28 6 MO LIBOR First Lien 6.2 15.45 6.2 6/1/2009 1.5 1.5 Group 1 231094801 24 24 U 2/28 6 MO LIBOR First Lien 7.25 16.8 7.25 6/1/2009 1.5 1.5 Group 1 231094847 0 0 U 2/28 6 MO LIBOR First Lien 6 17.3 6 6/1/2009 1.5 1.5 Group 1 231094881 0 0 U 2/28 6 MO LIBOR First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 231094932 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 231094954 0 0 U 2/28 6 MO LIBOR First Lien 6.2 16 6.2 6/1/2009 1.5 1.5 Group 1 231094955 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.9 6 6/1/2009 1.5 1.5 Group 1 331053100 12 11 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331054406 0 0 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 14.27 6 6/1/2010 1.5 1.5 Group 1 331054902 12 12 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331055098 0 0 U 3/27 6 MO LIBOR First Lien 6.9 15.125 6.9 6/1/2010 1.5 1.5 Group 1 331055456 0 0 U 2/28 6 MO LIBOR First Lien 6 15.5 6 5/1/2009 1.5 1.5 Group 1 331055493 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14 6 5/1/2012 1.5 1.5 Group 1 331056169 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.45 6 5/1/2009 1.5 1.5 Group 1 331056282 0 0 U 2/28 6 MO LIBOR First Lien 6 14.5 6 5/1/2009 1.5 1.5 Group 1 331056417 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331056569 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 12.35 6.2 5/1/2009 1.5 1.5 Group 1 331056626 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331056659 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.2 6 6/1/2009 1.5 1.5 Group 1 331056863 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331056970 12 11 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331056974 12 11 U 2/28 6 MO LIBOR First Lien 6 15.9 6 5/1/2009 1.5 1.5 Group 1 331056986 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331056999 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057008 0 0 U 2/28 6 MO LIBOR First Lien 6.75 17.35 6.75 5/1/2009 1.5 1.5 Group 1 331057009 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.45 6 6/1/2009 1.5 1.5 Group 1 331057059 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057072 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057086 12 12 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331057093 12 11 U 2/28 6 MO LIBOR First Lien 6 14.35 6 5/1/2009 1.5 1.5 Group 1 331057115 24 23 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057142 12 12 U 2/28 6 MO LIBOR First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 331057156 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13 6 6/1/2009 1.5 1.5 Group 1 331057176 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 8.55 14.55 6 5/1/2009 3 1 Group 1 331057200 12 12 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 15.9 6 6/1/2012 1.5 1.5 Group 1 331057232 0 0 U 2/28 6 MO LIBOR First Lien 6 13.99 6 6/1/2009 1.5 1.5 Group 1 331057246 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.8 6 5/1/2009 1.5 1.5 Group 1 331057278 12 12 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057296 12 11 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057321 24 23 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057332 12 11 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331057341 12 11 U 2/28 6 MO LIBOR First Lien 6 13.2 6 5/1/2009 1.5 1.5 Group 1 331057375 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057391 0 0 N 2/28 6 MO LIBOR First Lien 7.85 13.85 6.65 5/1/2009 3 1 Group 1 331057397 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057406 0 0 U 2/28 6 MO LIBOR First Lien 6 15.35 6 6/1/2009 1.5 1.5 Group 1 331057419 0 0 U 2/28 6 MO LIBOR First Lien 6.2 13.625 6.2 5/1/2009 1.5 1.5 Group 1 331057458 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.99 6.2 6/1/2009 1.5 1.5 Group 1 331057459 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.55 6 6/1/2009 1.5 1.5 Group 1 331057487 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.95 6 6/1/2009 1.5 1.5 Group 1 331057499 24 24 U 2/28 6 MO LIBOR First Lien 6 15.1 6 6/1/2009 1.5 1.5 Group 1 331057536 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057563 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14 6 6/1/2009 1.5 1.5 Group 1 331057583 12 12 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057591 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 14.65 6.65 6/1/2009 1.5 1.5 Group 1 331057598 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057600 12 12 U 5/25 6 MO LIBOR First Lien 6 13.75 6 6/1/2012 1.5 1.5 Group 1 331057605 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.99 6 6/1/2009 1.5 1.5 Group 1 331057609 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.45 6.2 5/1/2009 1.5 1.5 Group 1 331057636 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057638 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057640 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057642 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057709 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 17.35 6 6/1/2009 1.5 1.5 Group 1 331057712 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057722 12 12 U 2/28 6 MO LIBOR First Lien 6.2 14.5 6.2 6/1/2009 1.5 1.5 Group 1 331057726 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057735 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.32 6.2 6/1/2009 1.5 1.5 Group 1 331057759 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.99 6 5/1/2009 1.5 1.5 Group 1 331057762 0 0 U 2/28 6 MO LIBOR First Lien 6 13.22 6 6/1/2009 1.5 1.5 Group 1 331057794 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.15 6 6/1/2009 1.5 1.5 Group 1 331057799 36 36 U 2/28 6 MO LIBOR First Lien 6.2 18.3 6.2 6/1/2009 1.5 1.5 Group 1 331057838 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.85 6 6/1/2009 1.5 1.5 Group 1 331057846 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.7 6 6/1/2009 1.5 1.5 Group 1 331057848 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.9 6 5/1/2009 1.5 1.5 Group 1 331057857 0 0 U 2/28 6 MO LIBOR First Lien 6.2 14.99 6.2 6/1/2009 1.5 1.5 Group 1 331057862 12 12 U 2/28 6 MO LIBOR IO First Lien 6 13.99 6 6/1/2009 1.5 1 Group 1 331057873 12 11 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 331057875 12 12 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.95 6 6/1/2012 1.5 1.5 Group 1 331057886 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057909 12 12 U 2/28 6 MO LIBOR First Lien 6 13.8 6 6/1/2009 1.5 1.5 Group 1 331057915 0 0 N 2/28 6 MO LIBOR First Lien 6 16.65 6 6/1/2009 1.5 1.5 Group 1 331057916 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.2 6.2 6/1/2009 1.5 1.5 Group 1 331057922 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057943 12 12 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 331057951 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331057952 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 331057970 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 331057995 12 12 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331058007 12 12 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331058027 12 12 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331058057 12 12 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 12.55 6 6/1/2010 1.5 1.5 Group 1 331058059 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 331058080 12 12 U 5/25 6 MO LIBOR First Lien 6 12.7 6 6/1/2012 1.5 1.5 Group 1 331058118 12 12 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 331058204 12 12 U 2/28 6 MO LIBOR First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 331058216 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.85 6 6/1/2009 1.5 1.5 Group 1 331058225 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.55 6 6/1/2009 1.5 1.5 Group 1 331058395 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.05 6 6/1/2009 1.5 1.5 Group 1 331058432 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.25 6.2 6/1/2009 1.5 1.5 Group 1 341042374 30 29 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 341042545 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341042588 12 12 U 2/28 6 MO LIBOR First Lien 6 15.5 6 6/1/2009 1.5 1.5 Group 1 341043203 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341043329 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341043383 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.475 6.4 6/1/2009 1.5 1.5 Group 1 341043442 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341043572 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341043868 0 0 U 2/28 6 MO LIBOR First Lien 6 15.1 6 5/1/2009 1.5 1.5 Group 1 341043870 24 23 U 2/28 6 MO LIBOR First Lien 6 15.675 6 5/1/2009 1.5 1.5 Group 1 341043907 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341043938 24 23 U 2/28 6 MO LIBOR First Lien 6 14.1 6 5/1/2009 1.5 1.5 Group 1 341043976 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 341044016 0 0 U 2/28 6 MO LIBOR First Lien 6 16.44 6 6/1/2009 1.5 1.5 Group 1 341044050 0 0 U 2/28 6 MO LIBOR First Lien 7 17.55 7 6/1/2009 1.5 1.5 Group 1 341044066 24 23 U 2/28 6 MO LIBOR First Lien 6 14.8 6 5/1/2009 1.5 1.5 Group 1 341044083 36 35 U 3/27 6 MO LIBOR First Lien 6.2 16.925 6.2 5/1/2010 1.5 1.5 Group 1 341044134 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044165 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044181 0 0 U 2/28 6 MO LIBOR First Lien 6 13.5 6 6/1/2009 1.5 1.5 Group 1 341044188 0 0 U 2/28 6 MO LIBOR First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 341044278 24 24 U 2/28 6 MO LIBOR First Lien 6.65 15.725 6.65 6/1/2009 1.5 1.5 Group 1 341044340 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044492 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044497 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044531 0 0 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 341044578 0 0 U 2/28 6 MO LIBOR First Lien 6.4 17.475 6.4 6/1/2009 1.5 1.5 Group 1 341044652 24 24 U 2/28 6 MO LIBOR First Lien 6 15.675 6 6/1/2009 1.5 1.5 Group 1 341044677 0 0 U 2/28 6 MO LIBOR First Lien 6 16.8 6 6/1/2009 1.5 1.5 Group 1 341044706 0 0 U 2/28 6 MO LIBOR First Lien 6 14.65 6 6/1/2009 1.5 1.5 Group 1 341044720 0 0 U 2/28 6 MO LIBOR First Lien 6 13.7 6 5/1/2009 1.5 1.5 Group 1 341044743 24 24 U 2/28 6 MO LIBOR First Lien 6 15.2 6 6/1/2009 1.5 1.5 Group 1 341044749 24 24 U 2/28 6 MO LIBOR First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 341044756 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044765 0 0 U 2/28 6 MO LIBOR First Lien 6 17.05 6 5/1/2009 1.5 1.5 Group 1 341044767 30 30 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044790 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 341044848 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 341044869 24 24 U 5/25 6 MO LIBOR First Lien 6 18.05 6 6/1/2012 1.5 1.5 Group 1 341044891 24 24 U 2/28 6 MO LIBOR First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 341044906 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.575 6 6/1/2009 1.5 1.5 Group 1 341044925 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 341044926 30 30 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 341044929 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.6 6.2 5/1/2009 1.5 1.5 Group 1 341044967 24 24 U 2/28 6 MO LIBOR First Lien 6.2 14.9 6.2 6/1/2009 1.5 1.5 Group 1 341044979 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.375 6 6/1/2009 1.5 1.5 Group 1 341045045 24 24 U 2/28 6 MO LIBOR First Lien 6 18.3 6 6/1/2009 1.5 1.5 Group 1 341045051 24 24 U 2/28 6 MO LIBOR First Lien 6 18.3 6 6/1/2009 1.5 1.5 Group 1 341045052 24 24 U 2/28 6 MO LIBOR First Lien 6 18.3 6 6/1/2009 1.5 1.5 Group 1 341045063 0 0 U 2/28 6 MO LIBOR First Lien 6 17.95 6 6/1/2009 1.5 1.5 Group 1 341045126 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.675 6 6/1/2009 1.5 1.5 Group 1 351044794 0 0 U 3/27 6 MO LIBOR First Lien 6 16.85 6 6/1/2010 3 1 Group 1 351045423 24 23 N 2/28 6 MO LIBOR First Lien 6 17.9 6 5/1/2009 1.5 1.5 Group 1 351045522 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045559 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045562 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045580 24 23 U 2/28 6 MO LIBOR First Lien 9.7 15.7 6 5/1/2009 3 1 Group 1 351045607 0 0 U 5/25 6 MO LIBOR First Lien 6 13.9 6 6/1/2012 1.5 1.5 Group 1 351045728 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045828 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045848 0 0 U 2/28 6 MO LIBOR First Lien 6 12.7 6 6/1/2009 1.5 1.5 Group 1 351045869 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045879 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045970 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045981 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045985 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351045987 36 35 U 5/25 6 MO LIBOR First Lien 6 16 6 5/1/2012 1.5 1.5 Group 1 351046009 0 0 U 2/28 6 MO LIBOR First Lien 6 14.75 6 5/1/2009 1.5 1.5 Group 1 351046048 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351046065 24 24 U 2/28 6 MO LIBOR First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 351046067 0 0 U 2/28 6 MO LIBOR First Lien 6 17.3 6 6/1/2009 1.5 1.5 Group 1 351046082 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351046088 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351046098 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 351046100 0 0 U 2/28 6 MO LIBOR First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 351046112 24 24 U 2/28 6 MO LIBOR First Lien 6 16.8 6 6/1/2009 1.5 1.5 Group 1 371046856 24 24 U 2/28 6 MO LIBOR First Lien 6.2 17.49 6.2 6/1/2009 3 1 Group 1 371048222 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.65 6 6/1/2009 1.5 1.5 Group 1 371048241 24 24 U 2/28 6 MO LIBOR First Lien 6 16.8 6 6/1/2009 1.5 1.5 Group 1 371048248 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.15 6 5/1/2009 1.5 1.5 Group 1 371048353 24 23 U 2/28 6 MO LIBOR First Lien 7 18.2 7 5/1/2009 1.5 1.5 Group 1 371048370 24 24 U 2/28 6 MO LIBOR First Lien 6 15.27 6 6/1/2009 1.5 1.5 Group 1 371048415 24 24 U 2/28 6 MO LIBOR First Lien 6 16.2 6 6/1/2009 1.5 1.5 Group 1 371048653 24 24 U 2/28 6 MO LIBOR First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 371048664 24 23 U 2/28 6 MO LIBOR First Lien 5 17.8 5 5/1/2009 1.5 1.5 Group 1 371048692 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048696 24 24 U 2/28 6 MO LIBOR First Lien 6.2 15.925 6.2 6/1/2009 1.5 1.5 Group 1 371048721 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048745 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048751 36 36 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 371048810 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048817 36 36 U 5/25 6 MO LIBOR IO First Lien 6 12.95 6 6/1/2012 1.5 1.5 Group 1 371048826 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 371048829 36 36 U 3/27 6 MO LIBOR First Lien 6 13.3 6 6/1/2010 1.5 1.5 Group 1 371048851 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 371048902 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048920 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371048958 24 24 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 14.57 6 6/1/2012 1.5 1.5 Group 1 371048980 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.75 6 6/1/2009 1.5 1.5 Group 1 371049030 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.15 6.2 5/1/2009 1.5 1.5 Group 1 371049046 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049049 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049052 24 23 U 2/28 6 MO LIBOR First Lien 6 15.85 6 5/1/2009 1.5 1.5 Group 1 371049090 24 24 U 2/28 6 MO LIBOR First Lien 7.25 15.8 7.25 6/1/2009 1.5 1.5 Group 1 371049190 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049191 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049192 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049209 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.65 6 6/1/2009 1.5 1.5 Group 1 371049258 36 35 U 3/27 6 MO LIBOR First Lien 6 14.82 6 5/1/2010 1.5 1.5 Group 1 371049259 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 371049271 12 11 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.25 15.1 7.25 5/1/2009 1.5 1.5 Group 1 371049298 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049342 24 24 U 2/28 6 MO LIBOR First Lien 6 13.27 6 6/1/2009 1.5 1.5 Group 1 371049380 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049383 12 12 U 2/28 6 MO LIBOR First Lien 6 17.65 6 6/1/2009 1.5 1.5 Group 1 371049421 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.95 6 6/1/2009 1.5 1.5 Group 1 371049427 12 12 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 371049435 0 0 U 2/28 6 MO LIBOR First Lien 6 16.775 6 6/1/2009 1.5 1.5 Group 1 371049449 24 24 U 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 371049466 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 371049492 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049510 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049524 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049525 24 24 U 2/28 6 MO LIBOR IO First Lien 6 13.2 6 6/1/2009 1.5 1.5 Group 1 371049528 0 0 U 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 371049609 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049643 24 24 U 2/28 6 MO LIBOR First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 371049655 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049670 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.5 6 6/1/2009 1.5 1.5 Group 1 371049697 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.25 6 6/1/2009 1.5 1.5 Group 1 371049733 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049747 24 24 U 2/28 6 MO LIBOR First Lien 6 15.35 6 6/1/2009 1.5 1.5 Group 1 371049759 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 371049766 24 24 U 2/28 6 MO LIBOR First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 371049798 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.17 6.4 6/1/2009 1.5 1.5 Group 1 371049820 12 12 U 2/28 6 MO LIBOR First Lien 6 16.99 6 6/1/2009 1.5 1.5 Group 1 371049850 24 24 U 2/28 6 MO LIBOR First Lien 7.25 14.65 7.25 6/1/2009 1.5 1.5 Group 1 371049883 36 36 U 3/27 6 MO LIBOR First Lien 6 14.55 6 6/1/2010 1.5 1.5 Group 1 371049916 12 12 U 2/28 6 MO LIBOR First Lien 6 17.99 6 6/1/2009 1.5 1.5 Group 1 371050058 0 0 U 2/28 6 MO LIBOR First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 371050079 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.85 6 6/1/2009 1.5 1.5 Group 1 411004103 36 35 U 5/25 6 MO LIBOR First Lien 6 14.75 6 5/1/2012 1.5 1.5 Group 1 411004355 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 14.65 6 6/1/2012 1.5 1.5 Group 1 411004356 12 12 U 2/28 6 MO LIBOR First Lien 6 17.45 6 6/1/2009 1.5 1.5 Group 1 411004365 24 23 U 2/28 6 MO LIBOR First Lien 6 15.2 6 5/1/2009 1.5 1.5 Group 1 411004368 36 36 U 5/25 6 MO LIBOR First Lien 6 13.7 6 6/1/2012 1.5 1.5 Group 1 411004372 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 411004412 24 24 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 14.55 6 6/1/2010 1.5 1.5 Group 1 411004465 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 5.1 15.4 5.1 5/1/2009 1.5 1.5 Group 1 411004520 0 0 U 5/25 6 MO LIBOR First Lien 6 16.35 6 6/1/2012 1.5 1.5 Group 1 411004524 36 36 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 13.85 6 6/1/2012 1.5 1.5 Group 1 411004550 36 36 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 14.95 6 6/1/2012 1.5 1.5 Group 1 411004571 0 0 U 2/28 6 MO LIBOR First Lien 6 14 6 6/1/2009 1.5 1.5 Group 1 411004589 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 411004593 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.6 6 6/1/2009 1.5 1.5 Group 1 411004606 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 6/1/2012 1.5 1.5 Group 1 411004616 36 36 U 5/25 6 MO LIBOR First Lien 6 17.55 6 6/1/2012 1.5 1.5 Group 1 411004617 0 0 U 2/28 6 MO LIBOR First Lien 6 18.1 6 6/1/2009 1.5 1.5 Group 1 411004622 12 12 U 2/28 6 MO LIBOR First Lien 6.6 15.45 6.6 6/1/2009 1.5 1.5 Group 1 411004627 0 0 U 2/28 6 MO LIBOR First Lien 6.4 15.3 6.4 6/1/2009 1.5 1.5 Group 1 411004649 0 0 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.8 6.4 6/1/2012 1.5 1.5 Group 1 411004661 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 411004673 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 16.575 6 6/1/2009 1.5 1.5 Group 1 411004680 36 36 U 5/25 6 MO LIBOR First Lien 6 17.15 6 6/1/2012 1.5 1.5 Group 1 411004725 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 411004737 36 36 U 5/25 6 MO LIBOR First Lien 6 13.95 6 6/1/2012 1.5 1.5 Group 1 411004784 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13 6 6/1/2009 1.5 1.5 Group 1 421003855 0 0 U 2/28 6 MO LIBOR First Lien 6 15.725 6 6/1/2009 3 1 Group 1 421004041 24 24 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 421004117 0 0 U 2/28 6 MO LIBOR First Lien 6 15.45 6 6/1/2009 1.5 1.5 Group 1 421004136 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.4 6.4 6/1/2009 1.5 1.5 Group 1 421004144 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.25 6 5/1/2009 1.5 1.5 Group 1 421004221 24 23 U 2/28 6 MO LIBOR First Lien 6 15.5 6 5/1/2009 1.5 1.5 Group 1 421004229 0 0 U 2/28 6 MO LIBOR First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 421004232 0 0 U 2/28 6 MO LIBOR First Lien 6 15.9 6 6/1/2009 1.5 1.5 Group 1 421004235 0 0 U 2/28 6 MO LIBOR First Lien 6.2 17.2 6.2 6/1/2009 1.5 1.5 Group 1 421004254 24 24 U 2/28 6 MO LIBOR First Lien 6.2 13.95 6.2 6/1/2009 1.5 1.5 Group 1 421004275 24 24 U 2/28 6 MO LIBOR First Lien 6 13.9 6 6/1/2009 1.5 1.5 Group 1 421004280 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 421004283 0 0 U 2/28 6 MO LIBOR First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 421004285 0 0 U 2/28 6 MO LIBOR First Lien 6.4 16 6.4 6/1/2009 1.5 1.5 Group 1 421004287 24 24 U 2/28 6 MO LIBOR First Lien 6 16.85 6 6/1/2009 1.5 1.5 Group 1 511053591 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511058693 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 14.75 6 5/1/2012 1.5 1.5 Group 1 511059491 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.7 6 5/1/2009 1.5 1.5 Group 1 511060021 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.75 6 5/1/2009 1.5 1.5 Group 1 511060196 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511060897 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511061036 24 23 N 2/28 6 MO LIBOR First Lien 6 14.3 6 5/1/2009 1.5 1.5 Group 1 511061056 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.79 11.85 5.79 5/1/2009 1.5 1.5 Group 1 511061092 12 11 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.25 6 5/1/2009 1.5 1.5 Group 1 511061140 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 8 14 6 5/1/2009 1.5 1.5 Group 1 511061190 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.2 6 5/1/2009 1.5 1.5 Group 1 511061219 24 23 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511061229 24 23 N 2/28 6 MO LIBOR First Lien 6 17.4 6 5/1/2009 1.5 1.5 Group 1 511061244 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 5/1/2009 1.5 1.5 Group 1 511061300 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.35 6.2 5/1/2009 1.5 1.5 Group 1 511061305 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.525 6 6/1/2009 1.5 1.5 Group 1 511061319 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.9 6 6/1/2009 1.5 1.5 Group 1 511061325 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.55 6 5/1/2009 1.5 1.5 Group 1 511061326 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 15.6 6.4 5/1/2009 1.5 1.5 Group 1 511061328 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.5 6 5/1/2009 1.5 1.5 Group 1 511061346 24 23 N 2/28 6 MO LIBOR First Lien 8.6 14.6 6 5/1/2009 1.5 1.5 Group 1 511061369 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511061370 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.2 6 5/1/2009 1.5 1.5 Group 1 511061381 24 23 U 2/28 6 MO LIBOR First Lien 6 16.05 6 5/1/2009 1.5 1.5 Group 1 511061389 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.6 6 6/1/2009 1.5 1.5 Group 1 511061395 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.3 6 6/1/2009 1.5 1.5 Group 1 511061398 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 15.1 6.4 6/1/2009 1.5 1.5 Group 1 511061417 24 23 N 2/28 6 MO LIBOR First Lien 6.65 14.12 6.65 5/1/2009 1.5 1.5 Group 1 511061418 24 24 U 2/28 6 MO LIBOR First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 511061447 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.1 6 5/1/2009 1.5 1.5 Group 1 511061467 0 0 U 2/28 6 MO LIBOR First Lien 6 14.65 6 5/1/2009 1.5 1.5 Group 1 511061485 24 23 U 2/28 6 MO LIBOR First Lien 6 13.85 6 5/1/2009 1.5 1.5 Group 1 511061495 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.05 6 6/1/2009 1.5 1.5 Group 1 511061518 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.5 6.2 6/1/2009 1.5 1.5 Group 1 511061531 24 24 U 2/28 6 MO LIBOR First Lien 6 15.4 6 6/1/2009 1.5 1.5 Group 1 511061598 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.05 15.55 6.05 5/1/2009 1.5 1.5 Group 1 511061620 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 16.25 6.2 5/1/2009 1.5 1.5 Group 1 511061631 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 16 6 5/1/2009 1.5 1.5 Group 1 511061648 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511061686 24 23 N 2/28 6 MO LIBOR First Lien 7.25 14.15 7.25 5/1/2009 1.5 1.5 Group 1 511061699 12 11 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.9 6 5/1/2009 1.5 1.5 Group 1 511061708 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.65 6 5/1/2009 1.5 1.5 Group 1 511061712 24 23 U 2/28 6 MO LIBOR First Lien 6 13.75 6 5/1/2009 1.5 1.5 Group 1 511061725 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.5 6 5/1/2009 1.5 1.5 Group 1 511061730 0 0 N 2/28 6 MO LIBOR First Lien 6 17.2 6 5/1/2009 1.5 1.5 Group 1 511061748 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.45 6.2 5/1/2009 1.5 1.5 Group 1 511061758 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.35 6 5/1/2009 1.5 1.5 Group 1 511061760 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511061771 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.25 15.4 7.25 6/1/2009 1.5 1.5 Group 1 511061778 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.8 6 6/1/2009 1.5 1.5 Group 1 511061783 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.25 6 5/1/2009 1.5 1.5 Group 1 511061796 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 13.95 6.4 5/1/2009 1.5 1.5 Group 1 511061806 24 23 U 2/28 6 MO LIBOR First Lien 6 14.7 6 5/1/2009 1.5 1.5 Group 1 511061824 24 23 U 2/28 6 MO LIBOR First Lien 6 14.47 6 5/1/2009 1.5 1.5 Group 1 511061829 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511061837 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.75 6 5/1/2009 1.5 1.5 Group 1 511061848 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 9.7 15.7 6.2 5/1/2009 1.5 1.5 Group 1 511061858 0 0 N 3/27 6 MO LIBOR IO First Lien 6 14.7 6 5/1/2010 1.5 1.5 Group 1 511061889 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.95 6.2 5/1/2009 1.5 1.5 Group 1 511061905 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511061936 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 15.55 6.2 5/1/2009 1.5 1.5 Group 1 511061973 24 23 U 2/28 6 MO LIBOR First Lien 6.2 14.9 6.2 5/1/2009 1.5 1.5 Group 1 511061987 12 12 U 2/28 6 MO LIBOR First Lien 6 14.55 6 6/1/2009 1.5 1.5 Group 1 511061988 24 23 U 2/28 6 MO LIBOR First Lien 6 13.8 6 5/1/2009 1.5 1.5 Group 1 511061990 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.2 6 5/1/2009 1.5 1.5 Group 1 511061995 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.65 6 6/1/2009 1.5 1.5 Group 1 511061998 12 12 U 2/28 6 MO LIBOR IO First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 511062001 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.6 6 5/1/2009 1.5 1.5 Group 1 511062015 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.2 6 5/1/2009 1.5 1.5 Group 1 511062026 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.75 6 5/1/2009 1.5 1.5 Group 1 511062049 24 23 U 2/28 6 MO LIBOR First Lien 6 14.6 6 5/1/2009 1.5 1.5 Group 1 511062059 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511062068 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 511062073 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.35 6 5/1/2009 1.5 1.5 Group 1 511062074 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.9 6 5/1/2009 1.5 1.5 Group 1 511062085 24 24 N 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 511062088 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.75 6 5/1/2009 1.5 1.5 Group 1 511062121 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062124 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.7 6 5/1/2009 1.5 1.5 Group 1 511062137 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 13.85 6.4 6/1/2009 1.5 1.5 Group 1 511062139 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511062167 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.35 6 6/1/2009 1.5 1.5 Group 1 511062186 24 24 U 2/28 6 MO LIBOR First Lien 6 13.425 6 6/1/2009 1.5 1.5 Group 1 511062196 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.95 6 5/1/2012 1.5 1.5 Group 1 511062208 36 35 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 511062211 36 36 U 5/25 6 MO LIBOR First Lien 6 12.75 6 6/1/2012 1.5 1.5 Group 1 511062213 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.8 6 6/1/2009 1.5 1.5 Group 1 511062216 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.375 6 5/1/2009 1.5 1.5 Group 1 511062218 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062235 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062241 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.5 6.2 6/1/2009 1.5 1.5 Group 1 511062242 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.4 6.2 5/1/2009 1.5 1.5 Group 1 511062254 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.6 6 5/1/2009 1.5 1.5 Group 1 511062283 24 24 N 2/28 6 MO LIBOR First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 511062316 36 35 U 3/27 6 MO LIBOR First Lien 6 13.9 6 5/1/2010 1.5 1.5 Group 1 511062347 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.925 6 5/1/2009 1.5 1.5 Group 1 511062349 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.95 6 6/1/2009 1.5 1.5 Group 1 511062377 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.05 6 6/1/2009 1.5 1.5 Group 1 511062386 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 15.7 6.4 6/1/2009 1.5 1.5 Group 1 511062398 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.125 6 5/1/2009 1.5 1.5 Group 1 511062419 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 511062427 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511062438 24 23 N 2/28 6 MO LIBOR IO First Lien 6 15.25 6 5/1/2009 1.5 1.5 Group 1 511062440 24 23 U 2/28 6 MO LIBOR IO First Lien 6.2 13.95 6.2 5/1/2009 1.5 1.5 Group 1 511062452 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062479 36 35 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 511062490 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.55 6 6/1/2009 1.5 1.5 Group 1 511062493 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511062519 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.4 6 6/1/2009 1.5 1.5 Group 1 511062530 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.8 6 5/1/2009 1.5 1.5 Group 1 511062536 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.85 6 5/1/2009 1.5 1.5 Group 1 511062541 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511062543 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.9 6 5/1/2009 1.5 1.5 Group 1 511062564 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.75 6 5/1/2009 1.5 1.5 Group 1 511062583 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 15.85 6.2 5/1/2009 1.5 1.5 Group 1 511062586 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.2 6 6/1/2009 1.5 1.5 Group 1 511062589 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.2 15.275 6.2 6/1/2009 1.5 1.5 Group 1 511062619 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 511062635 12 11 N 2/28 6 MO LIBOR First Lien 6 14.375 6 5/1/2009 1.5 1.5 Group 1 511062644 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062670 24 24 N 2/28 6 MO LIBOR IO First Lien 6 13.2 6 6/1/2009 1.5 1.5 Group 1 511062679 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 13.25 6.4 5/1/2009 1.5 1.5 Group 1 511062737 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511062745 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.975 6 6/1/2012 1.5 1.5 Group 1 511062755 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511062768 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.75 6.4 6/1/2009 1.5 1.5 Group 1 511062777 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511062841 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.1 6 6/1/2009 1.5 1.5 Group 1 511062876 36 36 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 511062898 24 24 N 2/28 6 MO LIBOR First Lien 6 15 6 6/1/2009 1.5 1.5 Group 1 511062910 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511062919 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511062936 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.75 6.65 6/1/2009 1.5 1.5 Group 1 511062938 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 511062983 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.05 6 6/1/2009 1.5 1.5 Group 1 511062999 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511063022 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 511063024 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 511063047 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.95 6 6/1/2009 1.5 1.5 Group 1 511063060 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.25 6 6/1/2009 1.5 1.5 Group 1 511063076 0 0 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 15.1 6 6/1/2010 1.5 1.5 Group 1 511063088 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 511063103 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.64 11.65 5.64 6/1/2009 1.5 1.5 Group 1 511063107 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511063121 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 511063132 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 511063192 36 36 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6 14.05 6 6/1/2010 1.5 1.5 Group 1 511063196 36 36 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 511063247 36 36 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 511063254 36 36 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 511063284 0 0 U 2/28 6 MO LIBOR First Lien 6 18.3 6 6/1/2009 1.5 1.5 Group 1 511063289 36 36 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.75 6.4 6/1/2012 1.5 1.5 Group 1 511063292 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.45 6 6/1/2009 1.5 1.5 Group 1 511063360 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 511063377 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521053052 24 24 U 2/28 6 MO LIBOR First Lien 6 16.9 6 6/1/2009 1.5 1.5 Group 1 521053537 0 0 U 2/28 6 MO LIBOR First Lien 5 14.9 5 5/1/2009 1.5 1.5 Group 1 521054061 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521056472 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 9.475 6 4/1/2009 1.5 1.5 Group 1 521056534 0 0 U 2/28 6 MO LIBOR First Lien 5.32 15.05 5.32 5/1/2009 1.5 1.5 Group 1 521056665 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 521056917 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 4.6 16.575 4.6 6/1/2009 1.5 1.5 Group 1 521056946 24 23 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057166 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057276 0 0 U 2/28 6 MO LIBOR First Lien 5.15 15.775 5.15 6/1/2009 1.5 1.5 Group 1 521057382 36 36 U 3/27 6 MO LIBOR First Lien 6 14.2 6 6/1/2010 1.5 1.5 Group 1 521057385 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057412 24 23 U 2/28 6 MO LIBOR First Lien 6 14.49 6 5/1/2009 1.5 1.5 Group 1 521057549 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 5 15.99 5 6/1/2009 1.5 1.5 Group 1 521057579 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15.425 6 6/1/2009 1.5 1.5 Group 1 521057586 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057617 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.5 14.625 5.5 6/1/2009 1.5 1.5 Group 1 521057618 0 0 U 2/28 6 MO LIBOR First Lien 6 15.475 6 6/1/2009 1.5 1.5 Group 1 521057640 24 24 U 2/28 6 MO LIBOR First Lien 6 16.65 6 6/1/2009 1.5 1.5 Group 1 521057648 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.1 6 6/1/2009 1.5 1.5 Group 1 521057714 24 24 U 2/28 6 MO LIBOR First Lien 6 17.75 6 6/1/2009 1.5 1.5 Group 1 521057779 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057806 24 23 U 2/28 6 MO LIBOR First Lien 6.65 16.05 6.65 5/1/2009 1.5 1.5 Group 1 521057811 24 24 U 2/28 6 MO LIBOR First Lien 6 15.05 6 6/1/2009 1.5 1.5 Group 1 521057819 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057821 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057825 24 23 U 2/28 6 MO LIBOR First Lien 6.85 17.8 6.85 5/1/2009 1.5 1.5 Group 1 521057827 24 23 N 2/28 6 MO LIBOR First Lien 6.2 15.95 6.2 5/1/2009 3 1 Group 1 521057838 24 24 U 2/28 6 MO LIBOR First Lien 6 16.5 6 6/1/2009 1.5 1.5 Group 1 521057846 0 0 U 2/28 6 MO LIBOR First Lien 5 15.45 5 6/1/2009 1.5 1.5 Group 1 521057852 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057868 0 0 U 2/28 6 MO LIBOR First Lien 5 16.5 5 5/1/2009 1.5 1.5 Group 1 521057870 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057871 24 24 U 2/28 6 MO LIBOR First Lien 6.65 13.8 6.65 6/1/2009 1.5 1.5 Group 1 521057895 0 0 N 2/28 6 MO LIBOR First Lien 5 15.8 5 5/1/2009 1.5 1.5 Group 1 521057899 24 24 U 2/28 6 MO LIBOR First Lien 5 18.15 5 6/1/2009 1.5 1.5 Group 1 521057906 36 36 U 2/28 6 MO LIBOR First Lien 6 14.65 6 6/1/2009 1.5 1.5 Group 1 521057948 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 14.67 6.2 5/1/2009 1.5 1.5 Group 1 521057949 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.3 6 5/1/2009 1.5 1.5 Group 1 521057958 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057976 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521057985 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.5 15.675 5.5 5/1/2012 1.5 1.5 Group 1 521057995 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 521058026 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.37 15.275 5.37 5/1/2009 1.5 1.5 Group 1 521058032 24 24 U 2/28 6 MO LIBOR First Lien 6 16.95 6 6/1/2009 1.5 1.5 Group 1 521058088 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058091 24 23 U 2/28 6 MO LIBOR First Lien 6 15.5 6 5/1/2009 1.5 1.5 Group 1 521058099 36 36 U 5/25 6 MO LIBOR First Lien 6 14.8 6 6/1/2012 1.5 1.5 Group 1 521058101 36 36 U 5/25 6 MO LIBOR First Lien 6 14.925 6 6/1/2012 1.5 1.5 Group 1 521058102 36 36 U 5/25 6 MO LIBOR First Lien 6 14.925 6 6/1/2012 1.5 1.5 Group 1 521058103 36 36 U 5/25 6 MO LIBOR First Lien 6.2 15.975 6.2 6/1/2012 1.5 1.5 Group 1 521058148 24 24 U 2/28 6 MO LIBOR First Lien 5 18 5 6/1/2009 1.5 1.5 Group 1 521058152 24 24 U 2/28 6 MO LIBOR First Lien 6 16.7 6 6/1/2009 1.5 1.5 Group 1 521058177 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058209 24 24 N 2/28 6 MO LIBOR First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 521058283 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058292 0 0 U 2/28 6 MO LIBOR First Lien 5 15.5 5 5/1/2009 1.5 1.5 Group 1 521058296 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058324 24 24 U 2/28 6 MO LIBOR First Lien 6 17.8 6 6/1/2009 1.5 1.5 Group 1 521058331 36 36 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 521058340 0 0 U 2/28 6 MO LIBOR First Lien 5 15.5 5 6/1/2009 1.5 1.5 Group 1 521058353 24 24 U 2/28 6 MO LIBOR First Lien 6 17.65 6 6/1/2009 1.5 1.5 Group 1 521058366 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058384 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5 14.725 5 5/1/2009 1.5 1.5 Group 1 521058392 24 24 U 2/28 6 MO LIBOR First Lien 5 17.95 5 6/1/2009 1.5 1.5 Group 1 521058395 24 23 U 2/28 6 MO LIBOR First Lien 6.2 15.55 6.2 5/1/2009 1.5 1.5 Group 1 521058398 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058399 0 0 U 2/28 6 MO LIBOR First Lien 5 16 5 6/1/2009 1.5 1.5 Group 1 521058404 0 0 U 2/28 6 MO LIBOR First Lien 5 12.6 5 6/1/2009 1.5 1.5 Group 1 521058435 0 0 U 2/28 6 MO LIBOR First Lien 5.6 14.925 5.6 6/1/2009 1.5 1.5 Group 1 521058446 0 0 U 2/28 6 MO LIBOR First Lien 5.75 12.99 5.75 6/1/2009 1.5 1.5 Group 1 521058450 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 5 16.6 5 6/1/2009 1.5 1.5 Group 1 521058486 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 14.125 6 6/1/2009 1.5 1.5 Group 1 521058498 0 0 U 2/28 6 MO LIBOR First Lien 5.35 15.6 5.35 6/1/2009 1.5 1.5 Group 1 521058503 24 24 U 2/28 6 MO LIBOR First Lien 6 16.75 6 6/1/2009 1.5 1.5 Group 1 521058527 0 0 U 2/28 6 MO LIBOR First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 521058552 0 0 U 2/28 6 MO LIBOR First Lien 6 17.15 6 6/1/2009 1.5 1.5 Group 1 521058565 24 24 U 5/25 6 MO LIBOR First Lien 6 18.1 6 6/1/2012 1.5 1.5 Group 1 521058605 36 36 U 5/25 6 MO LIBOR First Lien 6 15.325 6 6/1/2012 1.5 1.5 Group 1 521058615 0 0 U 2/28 6 MO LIBOR First Lien 5.4 16.5 5.4 6/1/2009 1.5 1.5 Group 1 521058618 0 0 U 2/28 6 MO LIBOR First Lien 4.9 15.975 4.9 6/1/2009 1.5 1.5 Group 1 521058663 0 0 U 2/28 6 MO LIBOR First Lien 5.2 15.025 5.2 6/1/2009 1.5 1.5 Group 1 521058665 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058673 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058675 24 24 U 2/28 6 MO LIBOR First Lien 6.4 16.9 6.4 6/1/2009 1.5 1.5 Group 1 521058720 24 24 U 2/28 6 MO LIBOR First Lien 6 18.1 6 6/1/2009 1.5 1.5 Group 1 521058721 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058734 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058750 0 0 U 2/28 6 MO LIBOR First Lien 6 13.85 6 6/1/2009 1.5 1.5 Group 1 521058753 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058761 24 24 U 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 521058788 24 24 U 2/28 6 MO LIBOR First Lien 6 17.95 6 6/1/2009 1.5 1.5 Group 1 521058834 24 24 N 2/28 6 MO LIBOR First Lien 6 15.725 6 6/1/2009 3 1 Group 1 521058836 24 24 U 2/28 6 MO LIBOR First Lien 6 16.45 6 6/1/2009 1.5 1.5 Group 1 521058841 0 0 U 2/28 6 MO LIBOR First Lien 5 13.975 5 6/1/2009 1.5 1.5 Group 1 521058853 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058857 24 24 N 2/28 6 MO LIBOR First Lien 6.65 16.775 6.65 6/1/2009 3 1 Group 1 521058885 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 5 13.99 5 6/1/2009 1.5 1.5 Group 1 521058984 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521058986 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 521059105 0 0 U 2/28 6 MO LIBOR First Lien 5 16.525 5 6/1/2009 1.5 1.5 Group 1 521059112 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 521059236 0 0 U 2/28 6 MO LIBOR First Lien 6 16 6 6/1/2009 1.5 1.5 Group 1 521059349 0 0 U 2/28 6 MO LIBOR First Lien 6 13.5 6 6/1/2009 1.5 1.5 Group 1 551029704 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551029919 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551030008 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551030015 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551030245 24 23 U 2/28 6 MO LIBOR First Lien 6.2 13.675 6.2 5/1/2009 1.5 1.5 Group 1 551030684 0 0 U 2/28 6 MO LIBOR First Lien 6 18.2 6 5/1/2009 1.5 1.5 Group 1 551030883 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551030955 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551030985 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031039 0 0 U 2/28 6 MO LIBOR First Lien 6 14.875 6 5/1/2009 1.5 1.5 Group 1 551031061 0 0 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 551031098 0 0 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 551031103 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031171 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031181 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031182 36 36 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 7.4 13.4 6.2 6/1/2012 3 1 Group 1 551031204 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031228 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031241 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 551031263 12 11 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031300 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031304 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031306 24 23 U 2/28 6 MO LIBOR First Lien 6 14.4 6 5/1/2009 1.5 1.5 Group 1 551031307 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.85 6 5/1/2009 1.5 1.5 Group 1 551031312 0 0 U 2/28 6 MO LIBOR First Lien 6.2 14.85 6.2 6/1/2009 1.5 1.5 Group 1 551031320 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031331 24 24 U 2/28 6 MO LIBOR First Lien 6 14.525 6 6/1/2009 1.5 1.5 Group 1 551031348 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031349 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031360 36 36 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13.925 6 6/1/2010 1.5 1.5 Group 1 551031364 36 36 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 551031365 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031377 0 0 U 2/28 6 MO LIBOR First Lien 6 17.3 6 6/1/2009 1.5 1.5 Group 1 551031380 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031381 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031384 0 0 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 551031389 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551031400 36 36 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 551032297 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032322 0 0 U 2/28 6 MO LIBOR First Lien 6 17.5 6 6/1/2009 1.5 1.5 Group 1 551032328 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032335 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032338 0 0 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 551032418 24 23 U 2/28 6 MO LIBOR First Lien 6 16.475 6 5/1/2009 1.5 1.5 Group 1 551032440 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032447 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032517 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032530 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 16.4 6.4 5/1/2009 1.5 1.5 Group 1 551032539 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032552 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032563 24 23 U 2/28 6 MO LIBOR First Lien 6 13.9 6 5/1/2009 1.5 1.5 Group 1 551032567 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032571 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032628 0 0 U 2/28 6 MO LIBOR First Lien 6 15.35 6 6/1/2009 1.5 1.5 Group 1 551032665 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032678 24 24 U 2/28 6 MO LIBOR First Lien 6 14.85 6 6/1/2009 1.5 1.5 Group 1 551032682 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032687 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032712 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032723 24 23 U 2/28 6 MO LIBOR First Lien 6.2 17.1 6.2 5/1/2009 1.5 1.5 Group 1 551032724 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 17.225 6 6/1/2009 1.5 1.5 Group 1 551032758 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032760 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032786 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032834 0 0 N 2/28 6 MO LIBOR First Lien 6.1 15.95 6.1 6/1/2009 3 1 Group 1 551032836 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032840 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032843 0 0 U 2/28 6 MO LIBOR First Lien 6 17.8 6 6/1/2009 1.5 1.5 Group 1 551032855 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.4 6 6/1/2009 1.5 1.5 Group 1 551032862 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032874 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032923 0 0 U 2/28 6 MO LIBOR First Lien 6 18 6 6/1/2009 1.5 1.5 Group 1 551032945 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551032957 24 24 U 2/28 6 MO LIBOR First Lien 6 16.375 6 6/1/2009 1.5 1.5 Group 1 551032984 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551033058 0 0 U 2/28 6 MO LIBOR First Lien 6 18.45 6 6/1/2009 1.5 1.5 Group 1 551033101 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551033135 0 0 0 Fixed Rate 15 Yr First Lien 0 0 0 0 0 Group 1 551033137 24 24 U 2/28 6 MO LIBOR First Lien 7.25 17.525 7.25 6/1/2009 1.5 1.5 Group 1 551033172 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551033195 24 24 U 2/28 6 MO LIBOR First Lien 6 15.144 6 6/1/2009 1.5 1.5 Group 1 551033288 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551033295 24 24 U 2/28 6 MO LIBOR First Lien 6.65 15.5 6.65 6/1/2009 1.5 1.5 Group 1 551033321 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 551033372 0 0 U 2/28 6 MO LIBOR First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 581017353 24 23 U 2/28 6 MO LIBOR First Lien 6 15.95 6 5/1/2009 1.5 1.5 Group 1 581017706 24 23 U 2/28 6 MO LIBOR First Lien 7.4 15.55 7.4 5/1/2009 3 1 Group 1 581018097 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581018524 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.85 6 6/1/2009 1.5 1.5 Group 1 581018767 24 22 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.7 6 4/1/2009 1.5 1.5 Group 1 581019126 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581019401 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.15 6.2 5/1/2009 1.5 1.5 Group 1 581019509 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 581019574 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581019578 24 23 N 2/28 6 MO LIBOR First Lien 6 13.35 6 5/1/2009 1.5 1.5 Group 1 581019612 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581019663 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581019802 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.65 6 5/1/2009 1.5 1.5 Group 1 581019804 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581019855 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.4 6 6/1/2009 1.5 1.5 Group 1 581019893 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 581019898 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 581019937 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13.925 6 6/1/2009 1.5 1.5 Group 1 581019947 24 21 N 2/28 6 MO LIBOR First Lien 7.35 14.35 6.25 3/1/2009 1.5 1.5 Group 1 581019951 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.99 6 5/1/2009 1.5 1.5 Group 1 581019958 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.8 6 6/1/2012 1.5 1.5 Group 1 581019986 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 14.2 6.65 5/1/2009 1.5 1.5 Group 1 581019997 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.75 6.2 6/1/2009 1.5 1.5 Group 1 581020014 0 0 U 2/28 6 MO LIBOR IO First Lien 6 14.1 6 5/1/2009 1.5 1 Group 1 581020022 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.45 6.4 5/1/2009 1.5 1.5 Group 1 581020023 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 14.5 6 5/1/2012 1.5 1.5 Group 1 581020046 24 24 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581020052 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 5/1/2009 1.5 1.5 Group 1 581020055 36 35 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 5/1/2010 1.5 1.5 Group 1 581020066 24 24 U 2/28 6 MO LIBOR IO First Lien 6 13.4 6 6/1/2009 1.5 1.5 Group 1 581020070 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.45 6 5/1/2009 1.5 1.5 Group 1 581020073 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 581020080 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.99 6 5/1/2009 1.5 1.5 Group 1 581020091 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.95 6.4 6/1/2009 1.5 1.5 Group 1 581020101 24 21 N 2/28 6 MO LIBOR First Lien 8.35 15.35 6.3 3/1/2009 1.5 1.5 Group 1 581020107 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.35 6 5/1/2009 1.5 1.5 Group 1 581020122 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.5 6 5/1/2009 1.5 1.5 Group 1 581020127 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 581020130 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.8 6 5/1/2009 1.5 1.5 Group 1 581020136 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 12.9 6.2 5/1/2009 1.5 1.5 Group 1 581020173 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.79 6 6/1/2009 1.5 1.5 Group 1 581020175 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.75 6 6/1/2009 1.5 1.5 Group 1 581020194 0 0 U 3/27 6 MO LIBOR First Lien 6 16.5 6 5/1/2010 1.5 1.5 Group 1 581020202 0 0 N 3/27 6 MO LIBOR First Lien 10.05 17.05 6.45 4/1/2010 1.5 1.5 Group 1 581020203 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 13.65 6.4 6/1/2009 1.5 1.5 Group 1 581020206 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.95 6 5/1/2009 1.5 1.5 Group 1 581020223 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.2 6 6/1/2009 1.5 1.5 Group 1 581020232 0 0 U 2/28 6 MO LIBOR First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 581020240 36 35 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.54 6 5/1/2012 1.5 1.5 Group 1 581020252 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 15.25 6 6/1/2012 1.5 1.5 Group 1 581020301 0 0 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.99 6.2 6/1/2012 1.5 1.5 Group 1 581020304 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 6/1/2012 1.5 1.5 Group 1 581020314 24 23 U 2/28 6 MO LIBOR First Lien 7.25 16.7 7.25 5/1/2009 1.5 1.5 Group 1 581020327 24 24 U 2/28 6 MO LIBOR First Lien 6 17.8 6 6/1/2009 1.5 1.5 Group 1 581020331 0 0 U 2/28 6 MO LIBOR First Lien 6 16.45 6 6/1/2009 1.5 1.5 Group 1 581020352 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.5 6.2 6/1/2009 1.5 1.5 Group 1 581020360 12 12 U 2/28 6 MO LIBOR First Lien 6 17.05 6 6/1/2009 1.5 1.5 Group 1 581020363 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 581020374 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 581020384 24 24 U 2/28 6 MO LIBOR First Lien 6 13.7 6 6/1/2009 1.5 1.5 Group 1 581020385 36 36 U 3/27 6 MO LIBOR 50/30 Balloon First Lien 6 15.15 6 6/1/2010 1.5 1.5 Group 1 581020407 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.67 6 6/1/2009 1.5 1.5 Group 1 581020409 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581020411 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 12.89 6 6/1/2009 1.5 1.5 Group 1 581020443 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.45 6 6/1/2009 1.5 1.5 Group 1 581020447 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 6/1/2009 1.5 1.5 Group 1 581020450 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581020472 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 581020486 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.25 6 6/1/2009 1.5 1.5 Group 1 581020511 24 24 U 2/28 6 MO LIBOR First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 581020566 24 24 U 2/28 6 MO LIBOR First Lien 6 15.8 6 6/1/2009 1.5 1.5 Group 1 581020582 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.85 6 6/1/2009 1.5 1.5 Group 1 581020602 24 24 U 2/28 6 MO LIBOR IO First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 581020617 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581020685 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 581020686 24 24 U 2/28 6 MO LIBOR First Lien 6.2 14.25 6.2 6/1/2009 1.5 1.5 Group 1 581020768 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.75 6 6/1/2009 1.5 1.5 Group 1 581020814 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.7 6.4 6/1/2009 1.5 1.5 Group 1 621023908 0 0 U 2/28 6 MO LIBOR First Lien 6 15.175 6 6/1/2009 1.5 1.5 Group 1 621023952 24 24 U 2/28 6 MO LIBOR First Lien 6 17.7 6 6/1/2009 1.5 1.5 Group 1 621024031 24 23 U 2/28 6 MO LIBOR First Lien 6 14.625 6 5/1/2009 1.5 1.5 Group 1 621024160 24 22 N 2/28 6 MO LIBOR First Lien 6 14.82 6 4/1/2009 1.5 1.5 Group 1 621024184 24 23 U 2/28 6 MO LIBOR First Lien 6 13.975 6 5/1/2009 1.5 1.5 Group 1 621024394 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 621024421 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 621024454 24 24 U 2/28 6 MO LIBOR First Lien 6 17.6 6 6/1/2009 1.5 1.5 Group 1 621024498 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 621024611 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.15 6 6/1/2009 1.5 1.5 Group 1 621024617 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.75 6 6/1/2009 1.5 1.5 Group 1 621024660 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024670 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024673 24 24 U 2/28 6 MO LIBOR IO First Lien 6 13.6 6 6/1/2009 1.5 1 Group 1 621024675 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.4 6.65 6/1/2009 1.5 1.5 Group 1 621024699 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024704 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024719 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024736 24 24 U 2/28 6 MO LIBOR First Lien 6 15.35 6 6/1/2009 1.5 1.5 Group 1 621024739 24 24 U 2/28 6 MO LIBOR First Lien 6.4 13.65 6.4 6/1/2009 1.5 1.5 Group 1 621024767 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.95 6 5/1/2009 1.5 1.5 Group 1 621024797 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024807 36 36 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.95 6 6/1/2009 1.5 1.5 Group 1 621024808 24 24 U 2/28 6 MO LIBOR First Lien 6 15.1 6 6/1/2009 1.5 1.5 Group 1 621024811 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024818 24 24 U 2/28 6 MO LIBOR First Lien 6.2 15.4 6.2 6/1/2009 1.5 1.5 Group 1 621024832 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 621024834 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.35 6 5/1/2009 1.5 1.5 Group 1 621024856 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024867 36 36 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.85 6.65 6/1/2010 1.5 1.5 Group 1 621024871 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 621024873 24 24 U 2/28 6 MO LIBOR First Lien 7.25 16.95 7.25 6/1/2009 1.5 1.5 Group 1 621024877 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024887 0 0 U 2/28 6 MO LIBOR First Lien 6 18 6 5/1/2009 1.5 1.5 Group 1 621024952 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 16.1 6 6/1/2009 1.5 1.5 Group 1 621024971 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024975 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.6 6 6/1/2009 1.5 1.5 Group 1 621024977 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621024978 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 621024994 24 24 U 2/28 6 MO LIBOR First Lien 6 17.75 6 6/1/2009 1.5 1.5 Group 1 621025025 24 24 U 2/28 6 MO LIBOR First Lien 6 15.6 6 6/1/2009 1.5 1.5 Group 1 621025027 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 621025083 24 24 U 2/28 6 MO LIBOR First Lien 6 15.55 6 6/1/2009 1.5 1.5 Group 1 661024166 0 0 U 2/28 6 MO LIBOR First Lien 6.2 17.05 6.2 5/1/2009 1.5 1.5 Group 1 661024255 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.37 6 5/1/2009 1.5 1.5 Group 1 661024455 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.9 6 5/1/2009 1.5 1.5 Group 1 661024537 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 661024595 24 24 U 2/28 6 MO LIBOR First Lien 7.25 17.05 7.25 6/1/2009 1.5 1.5 Group 1 661024625 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 661024881 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 9.25 15.25 6 5/1/2009 1.5 1.5 Group 1 661024895 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.95 6 5/1/2009 1.5 1.5 Group 1 661024925 0 0 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 15 6 5/1/2009 1.5 1.5 Group 1 661025033 24 23 N 2/28 6 MO LIBOR First Lien 10.125 16.125 6 5/1/2009 1.5 1.5 Group 1 661025039 24 23 U 2/28 6 MO LIBOR First Lien 7.25 15.1 7.25 5/1/2009 1.5 1.5 Group 1 661025063 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 661025064 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 661025067 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.25 6 5/1/2009 3 1 Group 1 661025101 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 661025114 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.2 6.65 5/1/2009 1.5 1.5 Group 1 661025129 0 0 0 Fixed Rate 20 Yr First Lien 0 0 0 0 0 Group 1 661025138 36 35 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13.225 6 5/1/2012 1.5 1.5 Group 1 661025203 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 13.9 6.65 6/1/2009 1.5 1.5 Group 1 661025213 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 661025223 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.25 13.3 7.25 6/1/2009 1.5 1.5 Group 1 661025231 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.15 6 5/1/2009 1.5 1.5 Group 1 661025241 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.25 6 6/1/2009 1.5 1.5 Group 1 661025265 24 23 U 2/28 6 MO LIBOR IO First Lien 6 13.5 6 5/1/2009 1.5 1 Group 1 661025279 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 661025284 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.3 6 5/1/2009 1.5 1.5 Group 1 661025287 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.6 6 6/1/2009 1.5 1.5 Group 1 661025295 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.7 6.2 5/1/2009 1.5 1.5 Group 1 661025297 24 23 N 2/28 6 MO LIBOR First Lien 6 16.05 6 5/1/2009 1.5 1.5 Group 1 661025298 24 23 N 2/28 6 MO LIBOR First Lien 6 15.2 6 5/1/2009 1.5 1.5 Group 1 661025309 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.4 6 5/1/2009 1.5 1.5 Group 1 661025328 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.5 6 6/1/2009 1.5 1.5 Group 1 661025337 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 14.65 6.65 5/1/2009 1.5 1.5 Group 1 661025350 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 661025372 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 14.35 6.2 6/1/2009 1.5 1.5 Group 1 661025373 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.4 6 6/1/2012 1.5 1.5 Group 1 661025374 24 24 N 2/28 6 MO LIBOR First Lien 6 16.25 6 6/1/2009 1.5 1.5 Group 1 661025386 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.35 6.2 5/1/2009 1.5 1.5 Group 1 661025422 12 11 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.15 6 5/1/2009 1.5 1.5 Group 1 661025434 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.99 6 5/1/2009 1.5 1.5 Group 1 661025452 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 15.7 6.4 6/1/2009 1.5 1.5 Group 1 661025467 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.05 6 5/1/2009 1.5 1.5 Group 1 661025469 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.95 6.4 6/1/2009 1.5 1.5 Group 1 661025507 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 15.95 6.65 5/1/2009 1.5 1.5 Group 1 661025521 24 24 N 2/28 6 MO LIBOR First Lien 7.4 14.85 7.4 6/1/2009 1.5 1.5 Group 1 661025531 24 24 U 2/28 6 MO LIBOR First Lien 6 16.65 6 6/1/2009 1.5 1.5 Group 1 661025534 24 24 U 2/28 6 MO LIBOR First Lien 6 15.5 6 6/1/2009 1.5 1.5 Group 1 661025539 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 13.25 6 6/1/2009 1.5 1.5 Group 1 661025564 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 16.1 6 6/1/2009 1.5 1.5 Group 1 661025570 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 661025573 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 661025597 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 661025605 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 6/1/2009 1.5 1.5 Group 1 661025610 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 12.9 6 6/1/2012 1.5 1.5 Group 1 661025632 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 14.55 6.2 5/1/2009 1.5 1.5 Group 1 661025641 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.85 6 6/1/2009 1.5 1.5 Group 1 661025651 24 24 U 2/28 6 MO LIBOR First Lien 6 16.95 6 6/1/2009 1.5 1.5 Group 1 661025654 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.1 6 6/1/2009 1.5 1.5 Group 1 661025657 36 36 U 3/27 6 MO LIBOR 40/30 Balloon First Lien 6.2 13.75 6.2 6/1/2010 1.5 1.5 Group 1 661025682 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.4 13.975 6.4 5/1/2009 1.5 1.5 Group 1 661025688 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.2 14.99 6.2 6/1/2009 1.5 1.5 Group 1 661025690 24 24 U 2/28 6 MO LIBOR First Lien 6.2 13.45 6.2 6/1/2009 1.5 1.5 Group 1 661025745 36 36 U 5/25 6 MO LIBOR 50/30 Balloon First Lien 6 13.78 6 6/1/2012 1.5 1.5 Group 1 661025768 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.8 6 6/1/2009 1.5 1.5 Group 1 661025800 0 0 U 2/28 6 MO LIBOR First Lien 6 16.1 6 6/1/2009 1.5 1.5 Group 1 661025820 12 12 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 661025843 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 661025857 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.45 6 6/1/2009 1.5 1.5 Group 1 661025864 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 661026004 24 24 U 2/28 6 MO LIBOR First Lien 6 16.3 6 6/1/2009 1.5 1.5 Group 1 671019953 24 24 U 2/28 6 MO LIBOR First Lien 6.65 18 6.65 6/1/2009 3 1 Group 1 671019970 36 35 U 5/25 6 MO LIBOR 40/30 Balloon First Lien 6 13.1 6 5/1/2012 1.5 1.5 Group 1 671020486 36 35 U 5/25 6 MO LIBOR First Lien 6 13.4 6 5/1/2012 1.5 1.5 Group 1 671020495 24 24 N 2/28 6 MO LIBOR First Lien 6 14.7 6 6/1/2009 1.5 1.5 Group 1 671020505 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.8 6 5/1/2009 1.5 1.5 Group 1 671020521 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.3 6 5/1/2009 1.5 1.5 Group 1 671020582 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.65 14.85 6.65 5/1/2009 1.5 1.5 Group 1 671020604 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.55 6.4 6/1/2009 1.5 1.5 Group 1 671020624 12 12 U 2/28 6 MO LIBOR First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 671020669 36 36 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 671020671 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 12.7 6.2 5/1/2009 1.5 1.5 Group 1 671020708 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.9 6 5/1/2009 1.5 1.5 Group 1 671020718 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.85 6 5/1/2009 1.5 1.5 Group 1 671020726 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 5.84 11.85 5.84 6/1/2009 1.5 1.5 Group 1 671020729 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 671020731 0 0 U 2/28 6 MO LIBOR First Lien 6 14.7 6 6/1/2009 1.5 1.5 Group 1 671020746 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.15 6 6/1/2009 1.5 1.5 Group 1 671020749 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 671020773 12 11 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.05 6 5/1/2009 1.5 1.5 Group 1 671020808 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 15.7 6 6/1/2009 1.5 1.5 Group 1 671020817 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 671020851 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.3 6 6/1/2009 1.5 1.5 Group 1 671020853 24 24 U 2/28 6 MO LIBOR First Lien 6 14.5 6 6/1/2009 1.5 1.5 Group 1 671020864 12 12 U 2/28 6 MO LIBOR First Lien 6 15.99 6 6/1/2009 1.5 1.5 Group 1 671020868 24 23 U 2/28 6 MO LIBOR First Lien 7.4 15.65 7.4 5/1/2009 1.5 1.5 Group 1 671020881 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.45 6 5/1/2009 1.5 1.5 Group 1 671020888 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 13.65 6 6/1/2009 1.5 1.5 Group 1 671020906 24 24 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 15.95 6 6/1/2009 1.5 1.5 Group 1 671020908 0 0 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.4 14.6 6.4 6/1/2009 1.5 1.5 Group 1 671020910 36 36 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 671020926 24 24 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 13 6 6/1/2009 1.5 1.5 Group 1 671020950 0 0 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6 14.5 6 5/1/2009 1.5 1.5 Group 1 671020976 36 36 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6 12.475 6 6/1/2012 1.5 1.5 Group 1 671020994 24 24 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6 14.05 6 6/1/2009 1.5 1.5 Group 1 671021060 36 36 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 671021164 24 24 U 2/28 6 MO LIBOR First Lien 7.25 15.05 7.25 6/1/2009 1.5 1.5 Group 1 831076889 36 34 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831076891 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831076893 24 22 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 7.9 14.99 7.9 4/1/2009 1.5 1.5 Group 1 831076894 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.85 14.85 6.85 4/1/2009 1.5 1.5 Group 1 831076895 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 9.49 15.49 7.46 4/1/2009 3 1 Group 1 831077041 24 22 N 2/28 6 MO LIBOR First Lien 8.45 14.45 7.5 4/1/2009 3 1 Group 1 831077042 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077044 36 34 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077045 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077047 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077048 12 10 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 8.92 14.92 7.75 4/1/2009 3 1 Group 1 831077051 36 34 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077166 24 22 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.2 13.2 6.2 4/1/2009 1.5 1.5 Group 1 831077210 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077211 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077212 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077213 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077214 0 0 N 2/28 6 MO LIBOR First Lien 7.875 13.875 7.875 4/1/2009 3 1 Group 1 831077253 24 21 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 7.95 14.95 6.3 3/1/2009 1.5 1.5 Group 1 831077259 24 21 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 9.25 16.25 6.45 3/1/2009 1.5 1.5 Group 1 831077314 24 21 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 6.7 13.7 5.9 3/1/2009 1.5 1.5 Group 1 831077326 24 22 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 7.25 14.25 6.05 4/1/2009 1.5 1.5 Group 1 831077331 0 0 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 8.45 15.45 6.25 3/1/2009 1.5 1.5 Group 1 831077334 24 21 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 8.35 15.35 6.25 3/1/2009 1.5 1.5 Group 1 831077559 12 11 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077560 12 11 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 8.375 15.375 7.5 5/1/2009 3 1 Group 1 831077564 12 10 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077570 24 22 N 2/28 6 MO LIBOR First Lien 8.75 15.75 7.75 4/1/2009 1.5 1.5 Group 1 831077579 24 23 N 2/28 6 MO LIBOR First Lien 9.3 16.3 7.8 5/1/2009 1.5 1.5 Group 1 831077594 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.99 14.99 6.99 4/1/2009 1.5 1.5 Group 1 831077605 24 21 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 7.55 14.55 6.05 3/1/2009 2 1.5 Group 1 831077607 12 9 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077609 36 33 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077613 24 22 N 2/28 6 MO LIBOR First Lien 8.32 14.32 7.32 4/1/2009 3 1 Group 1 831077614 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077615 24 22 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 7.885 13.885 6.885 4/1/2009 3 1 Group 1 831077618 24 22 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 6.6 12.6 6.6 4/1/2009 3 1 Group 1 831077624 24 23 N 2/28 6 MO LIBOR First Lien 8.84 14.84 7.84 5/1/2009 3 1 Group 1 831077628 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077684 36 34 0 Fixed Rate 30 Yr IO First Lien 0 0 0 0 0 Group 1 831077686 12 10 N 2/28 6 MO LIBOR First Lien 11.25 18.25 6.8 4/1/2009 3 1 Group 1 831077693 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.625 13.625 6.625 5/1/2009 1.5 1.5 Group 1 831077702 24 23 N 2/28 6 MO LIBOR First Lien 8.7 15.7 7.7 5/1/2009 1.5 1.5 Group 1 831077713 0 0 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 8.25 15.25 6.3 3/1/2009 1.5 1.5 Group 1 831077715 0 0 N 2/28 6 MO LIBOR 50/30 Balloon First Lien 7 14 6.3 3/1/2009 1.5 1.5 Group 1 831077716 12 9 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077717 36 33 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077719 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077807 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077808 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077809 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077810 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077811 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077812 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077814 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077815 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077820 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.99 14.99 6.99 4/1/2009 1.5 1.5 Group 1 831077821 24 21 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 7.7 14.7 6.7 3/1/2009 3 1 Group 1 831077822 12 11 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 8.5 15.5 7.5 5/1/2009 1.5 1.5 Group 1 831077823 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.35 14.35 6.35 4/1/2009 1.5 1.5 Group 1 831077827 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 9.99 15.99 7.99 5/1/2009 1.5 1.5 Group 1 831077829 36 34 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077832 24 23 N 2/28 6 MO LIBOR First Lien 10.5 16.5 10 5/1/2009 1.5 1.5 Group 1 831077867 0 0 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 7.55 14.55 6.05 3/1/2009 1.5 1.5 Group 1 831077873 0 0 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077877 0 0 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077889 24 21 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.84 13.84 7 3/1/2009 3 1 Group 1 831077893 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077894 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077897 24 23 N 2/28 6 MO LIBOR First Lien 9.99 15.99 7.5 5/1/2009 3 1 Group 1 831077901 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077902 36 34 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077906 0 0 N 2/28 6 MO LIBOR First Lien 8.15 14.15 6.6 2/1/2009 3 1 Group 1 831077907 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077912 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077920 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 9.55 15.55 7.9 5/1/2009 3 1 Group 1 831077922 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 9.21 15.21 8 5/1/2009 3 1 Group 1 831077924 24 23 N 2/28 6 MO LIBOR First Lien 11.49 17.49 6.5 5/1/2009 3 1 Group 1 831077929 12 11 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077931 12 11 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077932 12 11 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077933 12 11 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077937 36 35 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831077954 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.25 13.25 6.25 5/1/2009 1.5 1.5 Group 1 831077955 24 23 N 2/28 6 MO LIBOR First Lien 8.75 15.75 7.75 5/1/2009 1.5 1.5 Group 1 831077958 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077966 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.45 14.45 7.45 5/1/2009 1.5 1.5 Group 1 831077968 24 23 N 2/28 6 MO LIBOR First Lien 8.1 15.1 7.1 5/1/2009 1.5 1.5 Group 1 831077974 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 7.99 15.7 7.99 5/1/2009 1.5 1.5 Group 1 831077977 0 0 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077981 36 34 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077982 12 11 N 2/28 6 MO LIBOR First Lien 9.65 15.65 6.875 5/1/2009 1.5 1.5 Group 1 831077983 24 23 N 2/28 6 MO LIBOR First Lien 11.5 17.5 7.25 5/1/2009 1.5 1.5 Group 1 831077984 24 23 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 10.27 16.27 6.5 5/1/2009 1.5 1.5 Group 1 831077985 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077986 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077987 36 35 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077988 24 23 N 2/28 6 MO LIBOR First Lien 8.52 14.52 7.52 5/1/2009 1.5 1.5 Group 1 831077989 36 35 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077990 36 33 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077991 24 22 X 0/00 0 XX XXXXX 00/00 Xxxxxxx First Lien 6.99 12.99 6 4/1/2009 3 1 Group 1 831077995 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831077996 36 33 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831077997 24 21 N 2/28 6 MO LIBOR 40/30 Balloon First Lien 8.95 15.95 6.3 3/1/2009 1.5 1.5 Group 1 831077998 12 9 0 Fixed Rate 50/30 Balloon First Lien 0 0 0 0 0 Group 1 831078009 0 0 N 2/28 6 MO LIBOR First Lien 10.35 17.35 7.35 4/1/2009 1.5 1.5 Group 1 831078013 24 23 U 2/28 6 MO LIBOR 50/30 Balloon First Lien 7.3 14.3 7.3 5/1/2009 1.5 1.5 Group 1 831078016 24 22 N 2/28 6 MO LIBOR First Lien 8.8 15.8 7.8 4/1/2009 1.5 1.5 Group 1 831078067 12 9 0 Fixed Rate 40/30 Balloon First Lien 0 0 0 0 0 Group 1 831078068 0 0 0 Fixed Rate 30 Yr First Lien 0 0 0 0 0 Group 1 831078075 24 23 N 2/28 6 MO LIBOR First Lien 11.8 18.8 6.99 5/1/2009 1.5 1.5 Group 1 831078077 24 23 U 2/28 6 MO LIBOR 40/30 Balloon First Lien 8.5 15.5 7.5 5/1/2009 1.5 1.5 Group 1 831078078 24