ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

EXHIBIT 10.3

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

In consideration of the mutual promises contained herein, the parties hereto agree that the mortgage loans (the “Attachment 1A Mortgage Loans”) listed on Attachment 1A annexed hereto (the “Attachment 1A Mortgage Loan Schedule”) now serviced by PHH (together with its successors and assigns, the “Servicer”) for Assignor and its successors and assigns pursuant to the Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 21, 2010, between Assignor and PHH (the “Purchase and Servicing Agreement”) and the servicing thereof shall be subject to the terms of the Purchase and Servicing Agreement as modified or supplemented by this Agreement. In consideration of the mutual promises contained herein, the parties hereto further agree that the servicing of the mortgage loans (the “Attachment 1B Mortgage Loans” and, together with the Attachment 1A Mortgage Loans, the “Mortgage Loans”) listed on Attachment 1B annexed hereto (the “Attachment 1B Mortgage Loan Schedule” and, together with the Attachment 1A Mortgage Loan Schedule, the “Mortgage Loan Schedule”) delivered under the Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 6, 2010, between DLJ Mortgage Capital, Inc. and PHH, as modified by the Assignment, Assumption and Recognition Agreement, dated as of February 11, 2011 and the Assignment, Assumption and Recognition Agreement, dated as of February 18, 2011 (each, a “DLJ AAR”), each among DLJ Mortgage Capital, Inc., Redwood Residential Acquisition Corporation and PHH (collectively, the “Purchase Agreement”) shall be subject to the terms of the Purchase and Servicing Agreement as modified or supplemented by this Agreement. Unless otherwise specified herein, capitalized terms used herein but not defined shall have the meanings ascribed to them in the Purchase and Servicing Agreement. Assignor will sell the Mortgage Loans to Depositor pursuant to a Mortgage Loan Purchase and Sale Agreement dated the date hereof, and Depositor will sell the Mortgage Loans to Assignee pursuant to the Pooling and Servicing Agreement.

Assignment and Assumption

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

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

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

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

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

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

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

Representations and Warranties

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Restated PHH Representations and Warranties

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

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

Repurchase Upon Breach of Representations and Warranties

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

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

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

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

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

Recognition of Assignee

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

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

(i) The first sentence of Section 2.04;

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

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

(iv) Sections 3.05 and 3.06;

(v) Section 6.01(3); and

(vi) Section 11.01(3);

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

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

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

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

Continuing Rights and Responsibilities

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

Purchase Agreement:

	Section	Matter

	3.05	Early Payment Default Repurchases

Purchase and Servicing Agreement:

	Section	Matter

	2.04	Defective Documents; Delivery of Mortgage Loan Documents

	3.04	Repurchase and Substitution

	3.05	Early Payment Default Repurchases

	5.01 (3)(c), (d) and (h)	Servicing Standards; Additional Documents; Consent of Purchaser

	5.03	Notice of Foreclosure Sale

	5.14, 1st, 4th and 6th (2nd and 3rd sentences) ¶	Management of REO Properties

	5.15, 1st (2nd sentence) ¶	Sale of REO Properties

	7.06	Purchaser's Right to Examine Servicer Records; Reports

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

Purchase Agreement:

	Section	Matter
	3.06	Purchase Price Protection

	7 of each DLJ AAR	Repurchase Upon Breach of Representations and Warranties

Purchase and Servicing Agreement:

	Section	Matter
	3.06	Purchase Price Protection

	Article XIII	Compliance with Regulation AB

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

Purchase and Servicing Agreement:

	Section

	5.09	Transfer of Accounts

	6.02	Reporting

	Section 13.04	Servicer Compliance Statement

	Section 13.05	Report on Assessment of Compliance and Attestation

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

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

Amendments to Purchase Agreement and Purchase and Servicing Agreement

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

(a) Definition of “Designated Guidelines.” The definition of “Designated Guidelines” set forth in Section 1.01 of the Purchase Agreement shall be amended, to read in its entirety as follows:

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

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

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

(a) Definitions.

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

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

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

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

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

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

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

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

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

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

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

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

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

Purchase Agreement: That certain Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of July 6, 2010, between DLJ Mortgage Capital, Inc. as purchaser and PHH Mortgage Corporation as seller and servicer, as modified by the Assignment, Assumption and Recognition Agreement, dated as of February 11, 2011, among DLJ Mortgage Capital, Inc., Redwood Residential Acquisition Corporation and PHH Mortgage Corporation.

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

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

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

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

(b) Servicing Standard. In servicing the Mortgage Loans in accordance with the Purchase and Servicing Agreement and Customary Servicing Procedures, the Servicer shall service the Mortgage Loans with a view to the best interests of all holders of the Sequoia Mortgage Trust 2011-1 Mortgage Pass-Through Certificates as a single class.

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

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

Mortgage Loan payments received by the Servicer will be deposited within one Business Day of receipt into a clearing account that is an Eligible Account. The Mortgage Loan payments may be commingled with payments of other mortgagors and investors for up to two Business Days prior to the Servicer depositing the Mortgage Loan payments in the 2011-1 Collection Account. Such clearing account shall not be used for operational or corporate purposes of the Servicer.

(ii) The Servicer shall establish a Collection Account pursuant to Section 5.04 of the Purchase and Servicing Agreement which shall be titled “PHH Mortgage Corporation, as trustee and/or bailee for Citibank, N.A., as trustee of the Sequoia Mortgage Trust 2011-1” (the “2011-1 Collection Account”), which shall be the Collection Account under this Agreement for all purposes. If the 2011-1 Collection Account is no longer an Eligible Account, the Servicer shall transfer the 2011-1 Collection Account to an account that is an Eligible Account.

(d) Section 3.04 Repurchase and Substitution.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Section 8.02 [Reserved].

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

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

(j) REMIC Provisions.

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

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

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

Section 7.08 Compliance with REMIC Provisions

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

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

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

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

(l) Avoidance of Consolidation.

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

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

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

Section 9.05 Avoidance of Consolidation.

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

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

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

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

Miscellaneous

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

(a) In the case of PHH,

PHH Mortgage Corporation

Xxx Xxxxxxxx Xxx

Xxxxx Xxxxxx, Xxx Xxxxxx 00000

Attention: Vice President Servicing

with a copy to

PHH Mortgage Corporation

Xxx Xxxxxxxx Xxx

Xxxxx Xxxxxx, Xxx Xxxxxx 00000

Attention: Xxxx Xxxxxxx, Assistant General Counsel

(b) In the case of Assignee,

Citibank, N.A.

000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx

Xxx Xxxx, Xxx Xxxx 00000

Attention: Global Transaction Services – Sequoia Mortgage Trust 2011-1

Sequoia Residential Funding, Inc.

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

(d) In the case of Assignor,

Redwood Residential Acquisition Corporation

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

(e) In the case of the Master Servicer,

Xxxxx Fargo Bank, N.A.

0000 Xxx Xxxxxxxxx Xxxx

Xxxxxxxx, Xxxxxxxx 00000

Telephone number: (000) 000-0000

Facsimile number: (000) 000-0000

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

Attention: Client Manager -- Sequoia Mortgage Trust 2011-1

(f) In the case of the Controlling Holder,

Sequoia Mortgage Funding Corporation

Xxx Xxxxxxxxx Xxxxx, Xxxxx 000

Xxxx Xxxxxx, Xxxxxxxxxx 00000

Attention: Xxxxxxx Xxxxxxx

with a copy to

General Counsel at the same address

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

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

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

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

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

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

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

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

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

Xxxxx Fargo Bank, N.A.

San Francisco, California

ABA# 000-000-000

Account# 0000000000

Account Name: SAS Clearing

FFC: Account # 00000000, Sequoia Mortgage Trust 2011-1 Distribution Account

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

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

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

REDWOOD RESIDENTIAL ACQUISITION

CORPORATION

Assignor

By: /s/ Xxxx Xxxxxxxxxxx

Name: Xxxx Xxxxxxxxxxx

Title: Authorized Officer

SEQUOIA RESIDENTIAL FUNDING, INC.

Depositor

By: /s/ Xxxx Xxxxxxxxxxx

Name: Xxxx Xxxxxxxxxxx

Title: Authorized Officer

CITIBANK, N.A., not in its individual capacity

but solely as Trustee,

Assignee

By: /s/ Xxxxxx Xxxxxxxx

Name: Xxxxxx Xxxxxxxx

Title: Vice President

PHH MORTGAGE CORPORATION

By: /s/ Xxxxx Xxxxx

Name: Xxxxx Xxxxx

Title: Vice President

Accepted and agreed to by:

XXXXX FARGO BANK, N.A.

Master Servicer

By: /s/ Xxxxxx Xxxxxx

Name: Xxxxxx Xxxxxx

Title: Vice President

ATTACHMENT 1A

MORTGAGE LOAN SCHEDULE

	1	2	3	4	5	6		8	9	10
Key	Primary Servicer	Servicing Fee %	Servicing Fee—Flatdollar	Servicing Advance Methodology	Originator	Loan Group	Issuance Loan Number	Amortization Type	Lien Position	HELOC Indicator
1	1000200	0.002500			1000200	1	2000000149	1	1	0
2	1000200	0.002500			1000200	1	2000000048	1	1	0
3	1000200	0.002500			1000200	1	2000000067	1	1	0
4	1000200	0.002500			1000200	1	2000000096	1	1	0
5	1000200	0.002500			1000200	1	2000000103	1	1	0
6	1000200	0.002500			1000200	1	2000000104	1	1	0
7	1000200	0.002500			1000200	1	2000000115	1	1	0
8	1000200	0.002500			1000200	1	2000000138	1	1	0
9	1000200	0.002500			1000200	1	2000000165	1	1	0
10	1000200	0.002500			1000200	1	2000000175	1	1	0
11	1000200	0.002500			1000200	1	2000000190	1	1	0
12	1000200	0.002500			1000200	1	2000000194	1	1	0
13	1000200	0.002500			1000200	1	2000000229	1	1	0
14	1000200	0.002500			1000200	1	2000000243	1	1	0
15	1000200	0.002500			1000200	1	2000000264	1	1	0
16	1000200	0.002500			1000200	1	0000000000	1	1	0
17	1000200	0.002500			1000200	1	2000000276	1	1	0
18	1000200	0.002500			1000200	1	2000000293	1	1	0
19	1000200	0.002500			1000200	1	2000000332	1	1	0
20	1000200	0.002500			1000200	1	2000000323	1	1	0
21	1000200	0.002500			1000200	1	2000000349	1	1	0
22	1000200	0.002500			1000200	1	2000000373	1	1	0
23	1000200	0.002500			1000200	1	2000000387	1	1	0
24	1000200	0.002500			1000200	1	2000000392	1	1	0
25	1000200	0.002500			1000200	1	2000000403	1	1	0
26	1000200	0.002500			1000200	1	2000000414	1	1	0
27	1000200	0.002500			1000200	1	2000000166	1	1	0
28	1000200	0.002500			1000200	1	2000000311	1	1	0
29	1000200	0.002500			1000200	1	2000000315	1	1	0
30	1000200	0.002500			1000200	1	2000000402	1	1	0
31	1000200	0.002500			1000200	1	0000000000	1	1	0
32	1000200	0.002500			1000200	1	2000000017	1	1	0
33	1000200	0.002500			1000200	1	2000000021	1	1	0
34	1000200	0.002500			1000200	1	2000000031	1	1	0
35	1000200	0.002500			1000200	1	2000000029	1	1	0
36	1000200	0.002500			1000200	1	2000000038	1	1	0
37	1000200	0.002500			1000200	1	2000000043	1	1	0
38	1000200	0.002500			1000200	1	0000000000	1	1	0
39	1000200	0.002500			1000200	1	2000000046	1	1	0
40	1000200	0.002500			1000200	1	2000000049	1	1	0
41	1000200	0.002500			1000200	1	2000000053	1	1	0
42	1000200	0.002500			1000200	1	2000000059	1	1	0
43	1000200	0.002500			1000200	1	2000000244	1	1	0
44	1000200	0.002500			1000200	1	2000000071	1	1	0
45	1000200	0.002500			1000200	1	2000000072	1	1	0
46	1000200	0.002500			1000200	1	2000000074	1	1	0
47	1000200	0.002500			1000200	1	2000000079	1	1	0
48	1000200	0.002500			1000200	1	2000000082	1	1	0
49	1000200	0.002500			1000200	1	0000000000	1	1	0
50	1000200	0.002500			1000200	1	2000000088	1	1	0
51	1000200	0.002500			1000200	1	2000000091	1	1	0
52	1000200	0.002500			1000200	1	0000000000	1	1	0
53	1000200	0.002500			1000200	1	2000000106	1	1	0
54	1000200	0.002500			1000200	1	2000000140	1	1	0
55	1000200	0.002500			1000200	1	2000000125	1	1	0
56	1000200	0.002500			1000200	1	2000000415	1	1	0
57	1000200	0.002500			1000200	1	2000000144	1	1	0
58	1000200	0.002500			1000200	1	2000000133	1	1	0
59	1000200	0.002500			1000200	1	2000000155	1	1	0
60	1000200	0.002500			1000200	1	2000000157	1	1	0
61	1000200	0.002500			1000200	1	2000000177	1	1	0
62	1000200	0.002500			1000200	1	2000000269	1	1	0
63	1000200	0.002500			1000200	1	2000000185	1	1	0
64	1000200	0.002500			1000200	1	2000000195	1	1	0
65	1000200	0.002500			1000200	1	0000000000	1	1	0
66	1000200	0.002500			1000200	1	2000000324	1	1	0
67	1000200	0.002500			1000200	1	2000000214	1	1	0
68	1000200	0.002500			1000200	1	2000000231	1	1	0
69	1000200	0.002500			1000200	1	2000000223	1	1	0
70	1000200	0.002500			1000200	1	0000000000	1	1	0
71	1000200	0.002500			1000200	1	2000000313	1	1	0
72	1000200	0.002500			1000200	1	2000000245	1	1	0
73	1000200	0.002500			1000200	1	2000000257	1	1	0
74	1000200	0.002500			1000200	1	2000000255	1	1	0
75	1000200	0.002500			1000200	1	2000000277	1	1	0
76	1000200	0.002500			1000200	1	2000000268	1	1	0
77	1000200	0.002500			1000200	1	2000000281	1	1	0
78	1000200	0.002500			1000200	1	2000000285	1	1	0
79	1000200	0.002500			1000200	1	2000000286	1	1	0
80	1000200	0.002500			1000200	1	0000000000	1	1	0
81	1000200	0.002500			1000200	1	2000000296	1	1	0
82	1000200	0.002500			1000200	1	2000000319	1	1	0
83	1000200	0.002500			1000200	1	2000000406	1	1	0
84	1000200	0.002500			1000200	1	2000000306	1	1	0
85	1000200	0.002500			1000200	1	2000000316	1	1	0
86	1000200	0.002500			1000200	1	0817000028	1	1	0
87	1000200	0.002500			1000200	1	2000000395	1	1	0
88	1000200	0.002500			1000200	1	0817000035	1	1	0
89	1000200	0.002500			1000200	1	0000000000	1	1	0
90	1000200	0.002500			1000200	1	2000000375	1	1	0
91	1000200	0.002500			1000200	1	2000000388	1	1	0
92	1000200	0.002500			1000200	1	2000000396	1	1	0
93	1000200	0.002500			1000200	1	2000000401	1	1	0
94	1000200	0.002500			1000200	1	2000000398	1	1	0
95	1000200	0.002500			1000200	1	0000000000	1	1	0
96	1000200	0.002500			1000200	1	0000000000	1	1	0
97	1000200	0.002500			1000200	1	2000000428	1	1	0
98	1000200	0.002500			1000200	1	0000000000	1	1	0
99	1000200	0.002500			1000200	1	2000000436	1	1	0
100	1000200	0.002500			1000200	1	2000000221	1	1	0
101	1000200	0.002500			1000200	1	2000000230	1	1	0
102	1000200	0.002500			1000200	1	2000000410	1	1	0
103	1000200	0.002500			1000200	1	2000000419	1	1	0

	11	12	13	14	15	16	17	18	19	20
Key	Loan Purpose	Cash Out Amount	Total Origination and Discount Points	Covered/High Cost Loan Indicator	Relocation Loan Indicator	Broker Indicator	Channel	Escrow Indicator	Senior Loan Amount(s)	Loan Type of Most Senior Lien
1	9						1	4	0
2	9						1	0	0
3	9						1	0	0
4	9						1	0	0
5	7						1	0	0
6	9						1	0	0
7	9						1	0	0
8	9						1	0	0
9	9						1	4	0
10	9						1	0	0
11	9						1	4	0
12	9						1	4	0
13	9						1	0	0
14	9						1	0	0
15	9						1	0	0
16	9						1	0	0
17	9						1	4	0
18	9						1	4	0
19	9						1	0	0
20	7						1	4	0
21	3						1	4	0
22	9						1	4	0
23	7						1	4	0
24	7						1	0	0
25	9						1	4	0
26	7						1	0	0
27	9						1	4	0
28	9						1	4	0
29	7						1	4	0
30	9						1	4	0
31	9						1	4	0
32	9						1	4	0
33	9						1	4	0
34	7						1	4	0
35	7						1	0	0
36	9						1	0	0
37	7						1	4	0
38	7						1	4	0
39	7						1	0	0
40	7						1	4	0
41	7						1	0	0
42	9						1	4	0
43	7						1	4	0
44	9						1	0	0
45	7						1	4	0
46	7						1	4	0
47	9						1	0	0
48	7						1	4	0
49	9						1	0	0
50	7						1	0	0
51	9						1	0	0
52	7						1	0	0
53	9						1	0	0
54	7						1	4	0
55	9						1	4	0
56	9						1	0	0
57	7						1	0	0
58	7						1	0	0
59	9						1	4	0
60	7						1	4	0
61	9						1	0	0
62	7						1	0	0
63	9						1	0	0
64	9						1	4	0
65	9						1	0	0
66	7						1	0	0
67	9						1	4	0
68	7						1	0	0
69	9						1	4	0
70	9						1	0	0
71	7						1	4	0
72	9						1	4	0
73	7						1	4	0
74	9						1	0	0
75	7						1	4	0
76	9						1	0	0
77	9						1	4	0
78	9						1	0	0
79	9						1	0	0
80	9						1	0	0
81	7						1	4	0
82	9						1	0	0
83	9						1	0	0
84	9						1	0	0
85	9						1	4	0
86	7						1	4	0
87	9						1	0	0
88	7						1	4	0
89	9						1	0	0
90	9						1	0	0
91	9						1	4	0
92	9						1	0	0
93	9						1	4	0
94	9						1	0	0
95	7						1	4	0
96	7						1	0	0
97	7						1	4	0
98	7						1	4	0
99	7						1	4	0
100	9						1	0	0
101	9						1	0	0
102	9						1	4	0
103	9						1	0	0

	21	22	23	24	25	26	27	28	29	30
Key	Hybrid Period of Most Senior Lien (in months)	Neg Am Limit of Most Senior Lien	Junior Mortgage Balance	Origination Date of Most Senior Lien	Origination Date	Original Loan Amount	Original Interest Rate	Original Amortization Term	Original Term to Maturity	First Payment Date of Loan
1			0.00		20100723	879223.03	0.055000	360	360	20100901
2			123000.00		20100816	1627000.00	0.056250	360	360	20101001
3			0.00		20100813	664000.00	0.053750	360	360	20101001
4			0.00		20100924	700000.00	0.053750	360	360	20101101
5			0.00		20100731	727500.00	0.053750	360	360	20100901
6			0.00		20100929	830000.00	0.053750	360	360	20101101
7			240000.00		20100908	939891.00	0.052500	360	360	20101101
8			0.00		20100927	1267500.00	0.053750	360	360	20101101
9			0.00		20100917	1320000.00	0.052500	360	360	20101101
10			0.00		20101001	558090.93	0.052500	360	360	20101201
11			60000.00		20100920	586752.00	0.052500	360	360	20101101
12			0.00		20101001	800900.00	0.052500	360	360	20101201
13			0.00		20100928	795000.00	0.050000	360	360	20101101
14			0.00		20101025	1459800.00	0.050000	360	360	20101201
15			0.00		20101104	702289.93	0.051250	360	360	20110101
16			500000.00		20101002	625000.00	0.048750	360	360	20101201
17			425000.00		20101025	935000.00	0.051250	360	360	20101201
18			0.00		20101021	904900.00	0.050000	360	360	20101201
19			0.00		20101020	726000.00	0.051250	360	360	20101201
20			0.00		20101105	864000.00	0.051250	360	360	20101201
21			425000.00		20101122	1200000.00	0.051250	360	360	20110101
22			130000.00		20101122	545500.00	0.050000	360	360	20110101
23			0.00		20101118	697600.00	0.050000	360	360	20110101
24			0.00		20101110	1150000.00	0.048750	360	360	20110101
25			0.00		20101214	787500.00	0.050000	360	360	20110201
26			200000.00		20101217	1000000.00	0.052500	360	360	20110201
27			0.00		20100825	760000.00	0.052500	360	360	20101001
28			0.00		20101209	1031250.00	0.055000	360	360	20110201
29			100000.00		20100929	800000.00	0.050000	360	360	20101101
30			0.00		20101124	617000.00	0.050000	360	360	20110101
31			0.00		20100707	999999.00	0.057500	360	360	20100901
32			170839.00		20100716	756794.00	0.055000	360	360	20100901
33			0.00		20100716	530800.00	0.053750	360	360	20100901
34			0.00		20100628	540000.00	0.057500	360	360	20100801
35			0.00		20100707	999999.00	0.053750	360	360	20100901
36			0.00		20100923	635342.66	0.053750	360	360	20101101
37			0.00		20100628	645000.00	0.052500	360	360	20100801
38			0.00		20100707	479200.00	0.055000	360	360	20100901
39			0.00		20100723	825000.00	0.052500	360	360	20100901
40			0.00		20100702	675000.00	0.052500	360	360	20100901
41			0.00		20100628	960000.00	0.053750	360	360	20100901
42			0.00		20100807	762400.00	0.056250	360	360	20100901
43			0.00		20100928	612000.00	0.050000	360	360	20101101
44			0.00		20100812	702000.00	0.055000	360	360	20101001
45			0.00		20100712	780000.00	0.055000	360	360	20100901
46			0.00		20100723	487500.00	0.052500	360	360	20100901
47			269000.00		20100820	990179.76	0.053750	360	360	20101001
48			0.00		20100806	720000.00	0.052500	360	360	20101001
49			486000.00		20100723	954000.00	0.055000	360	360	20100901
50			0.00		20100723	600000.00	0.053750	360	360	20100901
51			0.00		20100930	704567.00	0.053750	360	360	20101101
52			0.00		20100722	1375000.00	0.050000	360	360	20100901
53			0.00		20100824	1300000.00	0.053750	360	360	20101001
54			0.00		20100726	560000.00	0.051250	360	360	20100901
55			0.00		20101006	494700.00	0.055000	360	360	20101201
56			0.00		20101116	600000.00	0.047500	360	360	20110101
57			0.00		20100915	712500.00	0.048750	360	360	20101101
58			0.00		20100805	950000.00	0.052500	360	360	20101001
59			0.00		20100914	600000.00	0.052500	360	360	20101101
60			0.00		20100827	560000.00	0.050000	360	360	20101001
61			0.00		20101012	1372900.00	0.052500	360	360	20101201
62			0.00		20100901	650000.00	0.052500	360	360	20101101
63			70000.00		20100910	850000.00	0.050000	360	360	20101101
64			250000.00		20100924	1051844.70	0.051250	360	360	20101101
65			0.00		20100910	1734000.00	0.051250	360	360	20101101
66			0.00		20100917	1500000.00	0.050000	360	360	20101101
67			0.00		20100924	483200.00	0.052500	360	360	20101101
68			0.00		20100830	770000.00	0.050000	360	360	20101001
69			0.00		20101001	543000.00	0.052500	360	360	20101201
70			0.00		20101011	700000.00	0.050000	360	360	20101201
71			0.00		20100930	1715000.00	0.048750	360	360	20101101
72			0.00		20101008	1095500.00	0.051250	360	360	20101201
73			0.00		20100830	573750.00	0.052500	360	360	20101001
74			100000.00		20101112	953801.00	0.052500	360	360	20110101
75			0.00		20100928	682500.00	0.052500	360	360	20101101
76			0.00		20100924	513390.00	0.050000	360	360	20101101
77			0.00		20101016	739750.00	0.050000	360	360	20101201
78			0.00		20101012	881974.00	0.051250	360	360	20101201
79			150000.00		20101111	813200.00	0.052500	360	360	20110101
80			0.00		20101005	681000.00	0.050000	360	360	20101201
81			0.00		20100913	900000.00	0.050000	360	360	20101101
82			100000.00		20101119	900000.00	0.052500	360	360	20110101
83			152000.00		20101025	972000.00	0.050000	360	360	20101201
84			101500.00		20101116	835396.00	0.052500	360	360	20110101
85			0.00		20101026	1200000.00	0.050000	360	360	20101201
86			0.00		20101123	582400.00	0.047500	360	360	20110101
87			0.00		20101213	612250.00	0.048750	360	360	20110201
88			0.00		20101119	460000.00	0.051250	360	360	20110101
89			0.00		20101206	1099000.00	0.050000	360	360	20110201
90			0.00		20101130	841148.00	0.051250	360	360	20110101
91			0.00		20101201	731000.00	0.050000	360	360	20110201
92			0.00		20101213	888941.00	0.050000	360	360	20110201
93			50000.00		20101214	604900.00	0.050000	360	360	20110201
94			0.00		20101213	1100000.00	0.048750	360	360	20110201
95			0.00		20101210	468000.00	0.050000	360	360	20110201
96			0.00		20101130	600000.00	0.050000	360	360	20110101
97			0.00		20101213	485100.00	0.048750	360	360	20110201
98			0.00		20101210	630000.00	0.048750	360	360	20110201
99			0.00		20101230	468750.00	0.052500	360	360	20110201
100			58500.00		20101228	725200.00	0.053750	360	360	20110201
101			404000.00		20101105	715861.33	0.050000	360	360	20110101
102			0.00		20101220	619500.00	0.050000	360	360	20110201
103			0.00		20101222	598069.00	0.053750	360	360	20110201

	31	32	33	34	35	36	37	38	39	40
Key	Interest Type Indicator	Original Interest Only Term	Buy Down Period	HELOC Draw Period	Scheduled Loan Amount	Current Interest Rate	Current Payment Amount Due	Scheduled Interest Paid Through Date	Current Payment Status	Index Type
1	1	0	0		860328.47	0.055000	4992.14	20110201	0
2	1	0	0		1618221.25	0.056250	9365.93	20110201	0
3	1	0	0		660246.31	0.053750	3718.21	20110201	0
4	1	0	0		694102.19	0.053750	3919.80	20110201	0
5	1	0	0		722553.65	0.053750	4073.80	20110201	0
6	1	0	0		826247.95	0.053750	4647.77	20110201	0
7	1	0	0		935043.63	0.052500	5190.12	20110201	0
8	1	0	0		1235301.57	0.053750	7097.64	20110201	0
9	1	0	0		1313903.78	0.052500	7289.09	20110201	0
10	1	0	0		556162.06	0.052500	3081.80	20110201	0
11	1	0	0		584042.17	0.052500	3240.07	20110201	0
12	1	0	0		797129.75	0.052500	4422.60	20110201	0
13	1	0	0		791155.09	0.050000	4267.74	20110201	0
14	1	0	0		1454515.95	0.050000	7836.53	20110201	0
15	1	0	0		700637.37	0.051250	3823.88	20110201	0
16	1	0	0		622685.13	0.048750	3307.56	20110201	0
17	1	0	0		931692.72	0.051250	5090.96	20110201	0
18	1	0	0		901624.55	0.050000	4857.70	20110201	0
19	1	0	0		678097.87	0.051250	3952.98	20110201	0
20	1	0	0		860943.88	0.051250	4704.37	20110201	0
21	1	0	0		1197176.28	0.051250	6533.85	20110201	0
22	1	0	0		544167.14	0.050000	2928.37	20110201	0
23	1	0	0		695920.10	0.050000	3744.87	20110201	0
24	1	0	0		1147166.21	0.048750	6085.90	20110201	0
25	1	0	0		786553.77	0.050000	4227.48	20110201	0
26	1	0	0		998852.96	0.052500	5522.04	20110201	0
27	1	0	0		749167.90	0.052500	4196.75	20110201	0
28	1	0	0		1030121.23	0.055000	5855.33	20110201	0
29	1	0	0		796130.92	0.050000	4294.58	20110201	0
30	1	0	0		615514.19	0.050000	3312.19	20110201	0
31	1	0	0		993659.07	0.057500	5835.73	20110201	0
32	1	0	0		746818.74	0.055000	4297.00	20110201	0
33	1	0	0		526521.22	0.053750	2972.33	20110201	0
34	1	0	0		535996.22	0.057500	3151.30	20110201	0
35	1	0	0		993199.97	0.053750	5599.71	20110201	0
36	1	0	0		632475.74	0.053750	3557.74	20110201	0
37	1	0	0		639752.62	0.052500	3561.72	20110201	0
38	1	0	0		476016.61	0.055000	2720.85	20110201	0
39	1	0	0		819183.66	0.052500	4555.69	20110201	0
40	1	0	0		670303.38	0.052500	3727.38	20110201	0
41	1	0	0		953472.91	0.053750	5375.73	20110201	0
42	1	0	0		757451.97	0.056250	4388.81	20110201	0
43	1	0	0		609040.17	0.050000	3285.35	20110201	0
44	1	0	0		698122.73	0.055000	3985.88	20110201	0
45	1	0	0		774613.76	0.055000	4428.76	20110201	0
46	1	0	0		484107.96	0.052500	2692.00	20110201	0
47	1	0	0		984582.09	0.053750	5544.73	20110201	0
48	1	0	0		714422.05	0.052500	3975.87	20110201	0
49	1	0	0		947662.51	0.055000	5416.71	20110201	0
50	1	0	0		595920.58	0.053750	3359.83	20110201	0
51	1	0	0		701387.69	0.053750	3945.38	20110201	0
52	1	0	0		1364983.37	0.050000	7381.30	20110201	0
53	1	0	0		1292650.89	0.053750	7279.63	20110201	0
54	1	0	0		556012.87	0.051250	3049.13	20110201	0
55	1	0	0		493068.08	0.055000	2808.86	20110201	0
56	1	0	0		598487.23	0.047500	3129.89	20110201	0
57	1	0	0		708974.27	0.048750	3770.61	20110201	0
58	1	0	0		944503.66	0.052500	5245.94	20110201	0
59	1	0	0		597228.96	0.052500	3313.23	20110201	0
60	1	0	0		555908.52	0.050000	3006.21	20110201	0
61	1	0	0		1368154.99	0.052500	7581.21	20110201	0
62	1	0	0		646998.05	0.052500	3589.33	20110201	0
63	1	0	0		845777.15	0.050000	4562.99	20110201	0
64	1	0	0		1013453.21	0.051250	5727.16	20110201	0
65	1	0	0		1725804.54	0.051250	9441.41	20110201	0
66	1	0	0		1492745.50	0.050000	8052.33	20110201	0
67	1	0	0		480968.41	0.052500	2668.25	20110201	0
68	1	0	0		765127.81	0.050000	4133.53	20110201	0
69	1	0	0		541123.27	0.052500	2998.47	20110201	0
70	1	0	0		697466.19	0.050000	3757.76	20110201	0
71	1	0	0		1706513.49	0.048750	9075.93	20110201	0
72	1	0	0		1091625.01	0.051250	5964.86	20110201	0
73	1	0	0		570430.52	0.052500	3168.27	20110201	0
74	1	0	0		951608.11	0.052500	5266.93	20110201	0
75	1	0	0		679347.94	0.052500	3768.80	20110201	0
76	1	0	0		510907.07	0.050000	2755.99	20110201	0
77	1	0	0		737072.33	0.050000	3971.14	20110201	0
78	1	0	0		873634.32	0.051250	4802.24	20110201	0
79	1	0	0		811330.36	0.052500	4490.53	20110201	0
80	1	0	0		678534.98	0.050000	3655.76	20110201	0
81	1	0	0		895647.29	0.050000	4831.40	20110201	0
82	1	0	0		807930.80	0.052500	4969.84	20110201	0
83	1	0	0		966907.67	0.050000	5217.91	20110201	0
84	1	0	0		833475.35	0.052500	4613.09	20110201	0
85	1	0	0		1195531.50	0.050000	6441.86	20110201	0
86	1	0	0		580894.42	0.047500	3038.08	20110201	0
87	1	0	0		611497.19	0.048750	3240.08	20110201	0
88	1	0	0		458917.56	0.051250	2504.65	20110201	0
89	1	0	0		1097679.50	0.050000	5899.67	20110201	0
90	1	0	0		836748.64	0.051250	4579.95	20110201	0
91	1	0	0		730121.66	0.050000	3924.17	20110201	0
92	1	0	0		887872.89	0.050000	4772.03	20110201	0
93	1	0	0		583480.12	0.050000	3247.24	20110201	0
94	1	0	0		1098647.45	0.048750	5821.30	20110201	0
95	1	0	0		467437.67	0.050000	2512.33	20110201	0
96	1	0	0		598555.14	0.050000	3220.93	20110201	0
97	1	0	0		484503.53	0.048750	2567.19	20110201	0
98	1	0	0		629225.35	0.048750	3334.02	20110201	0
99	1	0	0		468212.32	0.052500	2588.46	20110201	0
100	1	0	0		724387.37	0.053750	4060.92	20110201	0
101	1	0	0		715861.33	0.050000	3842.90	20110201	0
102	1	0	0		618755.64	0.050000	3325.61	20110201	0
103	1	0	0		597398.83	0.053750	3349.02	20110201	0

	41	42	43	44	45	46	47	48	49	50
Key	ARM Look-back Days	Gross Margin	ARM Round Flag	ARM Round Factor	Initial Fixed Rate Period	Initial Interest Rate Cap (Change Up)	Initial Interest Rate Cap (Change Down)	Subsequent Interest Rate Reset Period	Subsequent Interest Rate Cap (Change Down)	Subsequent Interest Rate Cap (Change Up)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103

	51	52	53	54	55	56	57	58	59	60
Key	Lifetime Maximum Rate (Ceiling)	Lifetime Minimum Rate (Floor)	Negative Amortization Limit	Initial Negative Amortization Recast Period	Subsequent Negative Amortization Recast Period	Initial Fixed Payment Period	Subsequent Payment Reset Period	Initial Periodic Payment Cap	Subsequent Periodic Payment Cap	Initial Minimum Payment Reset Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103

	00	00	00	00	00	00	00	00	69	70
Key	Subsequent Minimum Payment Reset Period	Option ARM Indicator	Options at Recast	Initial Minimum Payment	Current Minimum Payment	Prepayment Penalty Calculation	Prepayment Penalty Type	Prepayment Penalty Total Term	Prepayment Penalty Hard Term	Primary Borrower ID
1		0				0		0	0
2		0				0		0	0
3		0				0		0	0
4		0				0		0	0
5		0				0		0	0
6		0				0		0	0
7		0				0		0	0
8		0				0		0	0
9		0				0		0	0
10		0				0		0	0
11		0				0		0	0
12		0				0		0	0
13		0				0		0	0
14		0				0		0	0
15		0				0		0	0
16		0				0		0	0
17		0				0		0	0
18		0				0		0	0
19		0				0		0	0
20		0				0		0	0
21		0				0		0	0
22		0				0		0	0
23		0				0		0	0
24		0				0		0	0
25		0				0		0	0
26		0				0		0	0
27		0				0		0	0
28		0				0		0	0
29		0				0		0	0
30		0				0		0	0
31		0				0		0	0
32		0				0		0	0
33		0				0		0	0
34		0				0		0	0
35		0				0		0	0
36		0				0		0	0
37		0				0		0	0
38		0				0		0	0
39		0				0		0	0
40		0				0		0	0
41		0				0		0	0
42		0				0		0	0
43		0				0		0	0
44		0				0		0	0
45		0				0		0	0
46		0				0		0	0
47		0				0		0	0
48		0				0		0	0
49		0				0		0	0
50		0				0		0	0
51		0				0		0	0
52		0				0		0	0
53		0				0		0	0
54		0				0		0	0
55		0				0		0	0
56		0				0		0	0
57		0				0		0	0
58		0				0		0	0
59		0				0		0	0
60		0				0		0	0
61		0				0		0	0
62		0				0		0	0
63		0				0		0	0
64		0				0		0	0
65		0				0		0	0
66		0				0		0	0
67		0				0		0	0
68		0				0		0	0
69		0				0		0	0
70		0				0		0	0
71		0				0		0	0
72		0				0		0	0
73		0				0		0	0
74		0				0		0	0
75		0				0		0	0
76		0				0		0	0
77		0				0		0	0
78		0				0		0	0
79		0				0		0	0
80		0				0		0	0
81		0				0		0	0
82		0				0		0	0
83		0				0		0	0
84		0				0		0	0
85		0				0		0	0
86		0				0		0	0
87		0				0		0	0
88		0				0		0	0
89		0				0		0	0
90		0				0		0	0
91		0				0		0	0
92		0				0		0	0
93		0				0		0	0
94		0				0		0	0
95		0				0		0	0
96		0				0		0	0
97		0				0		0	0
98		0				0		0	0
99		0				0		0	0
100		0				0		0	0
101		0				0		0	0
102		0				0		0	0
103		0				0		0	0

	71	72	73	74	75	76	77	78	79	80
Key	Number of Mortgaged Properties	Total Number of Borrowers	Self-employment Flag	Current ‘Other’ Monthly Payment	Length of Employment: Borrower	Length of Employment: Co- Borrower	Years in Home	FICO Model Used	Most Recent FICO Date	Primary Wage Earner Original FICO: Equifax
1	1		1	591.00	3.5	0	0.67	1	20101217
2	1		1	3026.11	20		0.67	1	20110121
3	2		1	848.00	29.4	0	15.42	1	20110121
4	2		1	2578.00	15.7	15.3	10.42	1
5	2		1	566.00	6.5	99	16	1	20101217
6	1		0	1885.00	6.5		1.5	1
7	1		1	1427.00	29.93	0	3.92	1
8	2		1	19780.00	33.4	3.5	38	1
9	1		0	211.00	5.7	12	1.75	1
10	1		1	933.00	2	0	3.5	1
11	1		0	1934.00	2.3	4.2	2.08	1
12	1		0	6894.00	22		0.5	1
13	2		1	5527.15	13.3	13.3	7.92	1
14	2		1	10954.31	23	0	2.83	1
15	1		1	3356.69	21.6	0	10.58	1
16	1		1	65.00	7.8	14.1	10.58	1
17	1		1	1157.00	29.5	29.5	20.58	1
18	1		0	360.22	9	0	1.25	1
19	1		1	1241.00	10	0	4.08	1
20	2		0	4780.00	10.5		12	1
21	1		0	451.00	3	0	12.25	1
22	1		0	290.00	15.4	12.6	4.58	1
23	2		1	4960.00	12	0	9.67	1
24	1		1	3213.73	28	0	29	1
25	1		0	30.00	17.2	11	3.75	1
26	1		0	8139.00	23.4			1
27	1		0	2509.00	10.51	0	3	1	20110121
28	1		1	126.00	10.4	10.4	3.33	1
29	1		1	2293.00	8		6	1
30	1		1	2353.00	3.67	0	5.33	1
31	1		0	157.00	18.8		4	1	20101217
32	1		0	969.00	2.4		6.5	1	20101217
33	1		0	1621.00	21		3	1	20101217
34	1		0	1686.00	0.2	0.5	1	1	20101217
35	1		0	8055.00	1.7	3.5	4.5	1	20101217
36	1		0	724.79	4.8		4.17	1
37	1		0	960.00	0.1	0	12.25	1	20101217
38	2		1	4744.96	20.5		5.5	1	20101217
39	1		0	1638.33	8.6	0	4.75	1	20101217
40	1		0	206.00	25.1	0	4.5	1	20101217
41	1		0	2873.00	0	9.1	10	1	20101217
42	1		0	2062.00	7.5	0	0.08	1	20110121
43	1		0	1184.00	22		0.25	1
44	1		0	538.00	2.9	0.9	5.17	1	20110121
45	1		0	1234.00	12.1		12	1	20101217
46	1		0	706.00	0.7		6	1	20101217
47	1		1	3342.00	16.6		18.75	1	20110121
48	1		0	2333.00	5.7	0	6.92	1	20110121
49	1		0	483.00	0	15.3	4	1	20101217
50	1		0	2471.00	2.6	0	7.5	1	20101217
51	1		0	141.00	0	4.8	2	1
52	1		0	2381.00	0.4	0	3.42	1	20101217
53	1		1	2707.04	8		2.33	1	20110121
54	1		0	275.00	22.6		1	1	20101217
55	1		1	635.00	0	1.2	9.33	1
56	3		1	243.00	18	0	10	1
57	1		0	1796.00	26	5	3.25	1
58	1		0	926.28	13	0	15.67	1	20110121
59	1		0	141.00	2	0	3.92	1
60	1		1	701.00	13.9		8.5	1	20110121
61	3		1	15383.00	8.5		5.17	1
62	2		0	20345.83	2.6	8.6	2.5	1
63	1		0	663.00	6.5	6.25	2.75	1
64	1		0	4084.00	9.4	0.3	5	1
65	1		0	698.00	10.6	10.5	6.67	1
66	2		0	20326.36	0	22	13.5	1
67	1		0	3705.00	3.1		3	1
68	1		0	1902.00	0.42	10.59	2.83	1	20110121
69	1		0	1296.26	8.2		7.17	1
70	1		0	1242.00	0	3.2	7.08	1
71	1		0	15822.45	0.1		5.08	1
72	1		1	3881.19	6	0	0.3	1
73	1		0	4114.25	14.7	0	8.58	1	20110121
74	1		0	289.00	3.2		3.67	1
75	4		1	17348.00	11.2	8.3	6.25	1
76	1		0	628.00	3.2		2.83	1
77	2		1	5253.00	0	12.5	9.5	1
78	1		0	128.00	4.5		3.25	1
79	1		0	1070.00	0.7	0	12.58	1
80	1		0	1254.00	3	0	3.67	1
81	1		0	1781.00	7.9	0	4.17	1
82	1		1	65.00	6	0	1	1
83	2		0	1190.00	3.5	0	2.58	1
84	1		1	2446.00	33	0	3.83	1
85	1		0	90.00	12		1.5	1
86	1		0	82.00	7.3	0		1
87	2		1	254.34	99	99	11.75	1
88	1		0	1307.00	0.3			1
89	2		0	4679.57	11.67	0	1.33	1
90	1		0	95.00	7.09		1.5	1
91	2		0	8310.00	11.76	0	9.75	1
92	2		0	1807.00	8.5	0	4.08	1
93	2		1	2306.00	20.9	3	15.75	1
94	2		0	864.66	5.09	0	0.25	1
95	1		0	1640.16	19.5	19.5		1
96	2		1	16906.67	18		1.67	1
97	2		0	3310.35	99	0		1
98	3		0	124.00	10	0		1
99	2		0	7899.63	13			1
100	1		1	15.00	18.8		3	1
101	1		1	322.50	6.9	0	9.08	1
102	4		1	6067.00	28.5	28.6	18.58	1
103	1		0	4506.95	0	8	4.5	1

	81	82	83	84	85		86	87	88	89	90
Key	Primary Wage Earner Original FICO: Experian	Primary Wage Earner Original FICO: TransUnion	Secondary Wage Earner Original FICO: Equifax	Secondary Wage Earner Original FICO: Experian	Secondary Wage Earner Original FICO: TransUnion	Original Primary Borrower FICO	Most Recent Primary Borrower FICO	Most Recent Co- Borrower FICO	Most Recent FICO Method	VantageScore: Primary Borrower	VantageScore: Co- Borrower
1						769	761
2						735	738
3						783	770
4						777
5						794	781
6						785
7						725
8						754
9						782
10						793
11						779
12						786
13						777
14						788
15						729
16						801
17						801
18						784
19						762
20						766
21						777
22						784
23						787
24						712
25						792
26						766
27						778	795
28						783
29						787
30						793
31						792	774
32						791	781
33						751	781
34						777	768
35						753	678
36						807
37						768	761
38						778	781
39						771	770
40						703	775
41						778	788
42						789	799
43						778
44						758	768
45						757	727
46						787	775
47						801	780
48						724	731
49						787	798
50						782	792
51						793
52						739	781
53						795	795
54						765	768
55						793
56						777
57						751
58						770	702
59						799
60						787	801
61						797
62						729
63						774
64						772
65						776
66						741
67						740
68						767	799
69						784
70						790
71						790
72						739
73						718	756
74						801
75						771
76						788
77						785
78						808
79						746
80						789
81						765
82						787
83						792
84						793
85						791
86						786
87						768
88						733
89						790
90						772
91						757
92						793
93						755
94						778
95						769
96						730
97						766
98						796
99						759
100						796
101						781
102						781
103						802

	91	92	93	94	95	96	97	98	99	100
Key	Most Recent VantageScore Method	VantageScore Date	Credit Report: Longest Trade Line	Credit Report: Maximum Trade Line	Credit Report: Number of Trade Lines	Credit Line Usage Ratio	Most Recent 12- month Pay History	Months Bankruptcy	Months Foreclosure	Primary Borrower Wage Income
1							777777000000			0.00
2							777777700000			58412.00
3							777777700000			17579.00
4							777777770000			18289.00
5							777777000000			0.00
6							777777770000			37041.00
7							777777770000			33386.41
8							777777770000			87315.00
9							777777770000			25092.08
10							777777777000			0.00
11							777777770000			10875.00
12							777777777000			36416.00
13							777777770000			18361.00
14							777777777000			20417.00
15							777777777700			23198.00
16							777777777000			13750.00
17							777777777000			28958.00
18							777777777000			46700.08
19							777777777000			19500.00
20							777777777000			29181.00
21							777777777700			38233.00
22							777777777700			22371.00
23							777777777700			43233.00
24							777777777700			44382.00
25							777777777770			12126.00
26							777777777770			45746.00
27							777777700000			38662.44
28							777777777770			1663.00
29							777777770000			25618.00
30							777777777700			24997.00
31							777777000000			19056.00
32							777777000000			20483.00
33							777777000000			17772.26
34							777770000000			7500.00
35							777777000000			41666.66
36							777777770000			36667.00
37							777770000000			12500.00
38							777777000000			4166.66
39							777777000000			20000.00
40							777777000000			14583.33
41							777777000000			0.00
42							777777000000			18916.43
43							777777770000			13333.00
44							777777700000			9765.00
45							777777000000			18471.46
46							777777000000			15000.00
47							777777700000			117126.00
48							777777700000			28749.98
49							777777000000			0.00
50							777777000000			0.00
51							777777770000			0.00
52							777777000000			33333.00
53							777777700000			29652.00
54							777777000000			14900.00
55							777777777000			0.00
56							777777777700			189124.00
57							777777770000			22175.00
58							777777700000			26116.00
59							777777770000			23258.78
60							777777700000			16450.00
61							777777777000			21677.00
62							777777770000			31466.00
63							777777770000			12083.07
64							777777770000			30833.00
65							777777770000			0.00
66							777777770000			0.00
67							777777770000			18278.00
68							777777700000			10416.67
69							777777777000			20833.00
70							777777777000			0.00
71							777777770000			116666.34
72							777777777000			61181.00
73							777777700000			32500.00
74							777777777700			23311.00
75							777777770000			23525.33
76							777777770000			16029.02
77							777777777000			31232.00
78							777777777000			22010.47
79							777777777700			33333.34
80							777777777000			21142.86
81							777777770000			21987.85
82							777777777700			18204.00
83							777777777000			25300.00
84							777777777700			47099.00
85							777777777000			68712.67
86							777777777700			11913.28
87							777777777770			0.00
88							777777777700			13083.33
89							777777777770			37950.59
90							777777777700			26757.00
91							777777777770			48031.00
92							777777777770			23954.88
93							777777777770			35635.00
94							777777777770			34630.00
95							777777777770			14767.00
96							777777777700			73014.00
97							777777777770			0.00
98							777777777770			27341.00
99							777777777770			34546.00
100							777777777770			14063.00
101							777777777700			60593.00
102							777777777770			13537.00
103							777777777770			0.00

	101	102	103	104	105	106	107	108	109	110
Xxx	Xx-Xxxxxxxx Xxxx Xncome	Primary Borrower Other Income	Co-Borrower Other Income	All Borrower Wage Income	All Borrower Total Income	4506-T Indicator	Borrower Income Verification Level	Co-Borrower Income Verification	Borrower Employment Verification	Co-Borrower Employment Verification
1	0.00	50907.00	0.00	0.00	50907.00	Y	5		3
2		0.00		58412.00	58412.00	Y	5		3
3	0.00	2869.69	0.00	17579.00	20448.69	Y	5		3
4	0.00	0.00	14118.00	18289.00	32407.00	Y	5		3
5	0.00	39628.79	10821.75	0.00	50450.54	Y	5		3
6		0.00		37041.00	37041.00	Y	5		3
7	0.00	0.00	0.00	33386.41	33386.41	Y	5		3
8	7583.00	4333.00	0.00	94898.00	99231.00	Y	5		3
9	25092.08	0.00	0.00	50184.16	50184.16	Y	5		3
10	0.00	20100.00	0.00	0.00	20100.00	Y	5		3
11	5768.50	0.00	0.00	16643.50	16643.50	Y	5		3
12		0.00		36416.00	36416.00	Y	5		3
13	16864.00	0.00	0.00	35225.00	35225.00	Y	5		3
14	0.00	53388.00	0.00	20417.00	73805.00	Y	5		3
15	0.00	5037.00	0.00	23198.00	28235.00	Y	5		3
16	9583.35	0.00	0.00	23333.35	23333.35	Y	5		3
17	3500.00	0.00	0.00	32458.00	32458.00	Y	5		3
18	0.00	0.00	0.00	46700.08	46700.08	Y	5		3
19	0.00	36892.00	0.00	19500.00	56392.00	Y	5		3
20		0.00		29181.00	29181.00	Y	5		3
21	0.00	0.00	0.00	38233.00	38233.00	Y	5		3
22	8490.00	0.00	0.00	30861.00	30861.00	Y	5		3
23	0.00	0.00	0.00	43233.00	43233.00	Y	5		3
24	0.00	0.00	0.00	44382.00	44382.00	Y	5		3
25	6875.00	0.00	0.00	19001.00	19001.00	Y	5		3
26		0.00		45746.00	45746.00	Y	5		3
27	0.00	0.00	0.00	38662.44	38662.44	Y	5		3
28	39914.00	-263.00	0.00	41577.00	41314.00	Y	5		3
29		793.00		25618.00	26411.00	Y	5		3
30	0.00	14252.00	0.00	24997.00	39249.00	Y	5		3
31		3429.33		19056.00	22485.33	Y	5		3
32		0.00		20483.00	20483.00	Y	5		3
33		0.00		17772.26	17772.26	Y	5		3
34	0.00	3676.00	3559.00	7500.00	14735.00	Y	4		3
35	20547.00	0.00	0.00	62213.66	62213.66	Y	5		3
36		0.00		36667.00	36667.00	Y	5		3
37	0.00	2376.00	0.00	12500.00	14876.00	Y	4		3
38		16986.92		4166.66	21153.58	Y	5		3
39	0.00	0.00	0.00	20000.00	20000.00	Y	5		3
40	0.00	0.00	0.00	14583.33	14583.33	Y	5		3
41	24871.58	0.00	0.00	24871.58	24871.58	Y	5		3
42	0.00	2403.54	0.00	18916.43	21319.97	Y	5		3
43		0.00		13333.00	13333.00	Y	5		3
44	5000.00	0.00	0.00	14765.00	14765.00	Y	5		3
45		0.00		18471.46	18471.46	Y	5		3
46		0.00		15000.00	15000.00	Y	5		3
47		-2640.00		117126.00	114486.00	Y	5		3
48	0.00	-613.08	0.00	28749.98	28136.90	Y	5		3
49	34276.31	0.00	0.00	34276.31	34276.31	Y	5		3
50	0.00	30994.25	905.00		31899.25	Y	5		3
51	35733.10	0.00	0.00	35733.10	35733.10	Y	5		3
52	0.00	0.00	0.00	33333.00	33333.00	Y	5		3
53		-68.00		29652.00	29584.00	Y	5		3
54		0.00		14900.00	14900.00	Y	5		3
55	15417.00	0.00	0.00	15417.00	15417.00	Y	5		3
56	0.00	2613.58	0.00	189124.00	191737.58	Y	5		3
57	9667.00	0.00	0.00	31842.00	31842.00	Y	5		3
58	0.00	0.00	0.00	26116.00	26116.00	Y	5		3
59	0.00	0.00	0.00	23258.78	23258.78	Y	5		3
60		0.00		16450.00	16450.00	Y	5		3
61		49897.00		21677.00	71574.00	Y	5		3
62	27048.34	0.00	0.00	58514.34	58514.34	Y	5		3
63	8366.00	0.00	0.00	20449.07	20449.07	Y	5		3
64	0.00	0.00	0.00	30833.00	30833.00	Y	5		3
65	0.00	0.00	35289.50		35289.50	Y	5		3
66	172425.00	0.00	0.00	172425.00	172425.00	Y	5		3
67		0.00		18278.00	18278.00	Y	5		3
68	11453.86	0.00	0.00	21870.53	21870.53	Y	5		3
69		0.00		20833.00	20833.00	Y	5		3
70	10444.00	3773.40	0.00	10444.00	14217.40	Y	5		3
71		0.00		116666.34	116666.34	Y	5		3
72	0.00	0.00	0.00	61181.00	61181.00	Y	5		3
73	0.00	0.00	0.00	32500.00	32500.00	Y	5		3
74		0.00		23311.00	23311.00	Y	5		3
75	43627.66	0.00	0.00	67152.99	67152.99	Y	5		3
76		0.00		16029.02	16029.02	Y	5		3
77	0.00	-1589.00	0.00	31232.00	29643.00	Y	5		3
78		0.00		22010.47	22010.47	Y	5		3
79	0.00	0.00	0.00	33333.34	33333.34	Y	5		3
80	0.00	0.00	0.00	21142.86	21142.86	Y	5		3
81	0.00	0.00	0.00	21987.85	21987.85	Y	5		3
82	0.00	1892.00	0.00	18204.00	20096.00	Y	5		3
83	0.00	-140.00	0.00	25300.00	25160.00	Y	5		3
84	0.00	0.00	0.00	47099.00	47099.00	Y	5		3
85		0.00		68712.67	68712.67	Y	5		3
86	0.00	0.00	0.00	11913.28	11913.28	Y	5		3
87	0.00	14624.00	1634.00		16258.00	Y	5		3
88		0.00		13083.33	13083.33	Y	5		3
89	0.00	0.00	0.00	37950.59	37950.59	Y	5		3
90		0.00		26757.00	26757.00	Y	5		3
91	0.00	0.00	0.00	48031.00	48031.00	Y	5		3
92	0.00	0.00	0.00	23954.88	23954.88	Y	5		3
93	1100.00	0.00	0.00	36735.00	36735.00	Y	5		3
94	0.00	0.00	0.00	34630.00	34630.00	Y	5		3
95	8375.00	0.00	0.00	23142.00	23142.00	Y	5		3
96		0.00		73014.00	73014.00	Y	5		3
97	0.00	23249.00	0.00		23249.00	Y	5		3
98	0.00	615.00	0.00	27341.00	27956.00	Y	5		3
99		0.00		34546.00	34546.00	Y	5		3
100		0.00		14063.00	14063.00	Y	5		3
101	0.00	0.00	0.00	60593.00	60593.00	Y	5		3
102	16552.00	0.00	0.00	30089.00	30089.00	Y	4		3
103	19562.00	0.00	0.00	19562.00	19562.00	Y	5		3

	111	112	113	114	115	116	117	118	119	120
Key	Borrower Asset Verification	Co-Borrower Asset Verification	Liquid / Cash Reserves	Monthly Debt All Borrowers	Originator DTI	Fully Indexed Rate	Qualification Method	Percentage of Down Payment from Borrower Own Funds	City	State
1	4		213942.34	5585.31	0.119537		1	0.000000	CHAPIN	SC
2	4		182688.87	15604.46	0.267145		1	0.000000	PARKER	CO
3	3		499760.62	5634.14	0.275526		1	0.000000	FEDERAL WAY	WA
4	4		62939.20	7606.06	0.234704		1	0.000000	OREGON CITY	OR
5	4		602675.00	6407.14	0.152630		1	100.000000	LA QUINTA	CA
6	4		112340.19	7315.31	0.179000		1	0.000000	ANN ARBOR	MI
7	3		32804.78	8681.84	0.260041		1	0.000000	SEATTLE	WA
8	4		803437.35	27968.83	0.281856		1	0.000000	XXXXXX BEACH	OR
9	4		905429.56	9572.23	0.189300		1	0.000000	WOODINVILLE	WA
10	4		104792.62	5137.88	0.255616		1	0.000000	FALMOUTH	ME
11	4		141329.01	6673.75	0.401000		1	0.000000	SOLON	OH
12	4		56775.72	12198.39	0.330800		1	0.000000	BRUNSWICK	ME
13	4		72591.40	11238.05	0.373300		1	0.000000	WOODINVILLE	WA
14	4		154999.83	19686.87	0.250700		1	0.000000	PORTLAND	OR
15	4		631624.63	8270.61	0.292920		1	0.000000	BELLINGHAM	WA
16	4		114488.08	7266.28	0.311412		1	0.000000	BELLEVUE	WA
17	4		903958.50	11865.80	0.382400		1	0.000000	WEST LINN	OR
18	4		187438.83	6483.44	0.153100		1	0.000000	ISSAQUAH	WA
19	4		234386.29	6595.94	0.116900		1	0.000000	STEILACOOM	WA
20	4		700864.26	10420.70	0.394400		1	100.000000	HINCKLEY	OH
21	4		525488.61	14366.62	0.375200		1	0.000000	MERCER ISLAND	WA
22	4		574091.55	4587.44	0.148648		1	0.000000	CHERRY HILLS VILLAGE	CO
23	3		358252.69	9667.59	0.246900		1	100.000000	GIG HARBOR	WA
24	4		2013483.23	11807.23	0.266036		1	100.000000	SEATTLE	WA
25	4		101923.26	5492.65	0.254100		1	0.000000	SEATTLE	WA
26	4		354557.59	17337.49	0.370900		1	91.660000	LAKE LEELANAU	MI
27	4		176546.62	8728.33	0.225757		1	0.000000	AUSTIN	TX
28	4		682318.22	12526.07	0.302800		1	0.000000	LOUDON	TN
29	4		310460.51	8121.26	0.242900		1	100.000000	HENDERSONVILLE	TN
30	4		146889.50	6784.96	0.172870		1	0.000000	COLLIERVILLE	TN
31	4		55910.82	6962.98	0.309668		1	0.000000	XXXXXXX	CO
32	4		282560.60	6762.97	0.330175		1	0.000000	FREMONT	CA
33	3		645197.53	6218.97	0.349926		1	0.000000	PLANO	TX
34	3		111296.70	5554.64	0.376969		1	100.000000	AUSTIN	TX
35	4		509851.70	15255.74	0.245215		1	100.000000	SACRAMENTO	CA
36	4		125423.79	5703.71	0.148200		1	0.000000	ATLANTA	GA
37	4		2473202.94	5571.68	0.374542		1	100.000000	SEVERNA PARK	MD
38	4		397810.21	8059.60	0.381004		1	100.000000	TEMPE	AZ
39	4		82162.55	7811.03	0.390552		1	100.000000	LEAWOOD	KS
40	4		493414.45	4687.91	0.321457		1	100.000000	SEATTLE	WA
41	4		960057.34	10034.90	0.403469		1	33.330000	EL DORADO HILLS	CA
42	3		290687.23	7582.18	0.355637		1	0.000000	NAPERVILLE	IL
43	4		453538.33	4832.53	0.362449		1	100.000000	SEATTLE	WA
44	4		111055.99	5414.08	0.366683		1	0.000000	ANNAPOLIS	MD
45	4		171504.31	7091.52	0.383918		1	100.000000	SEVERNA PARK	MD
46	4		129077.02	4145.87	0.276391		1	100.000000	GOLDEN	CO
47	4		517824.82	9965.31	0.087044		1	0.000000	ATHERTON	CA
48	4		112075.56	8316.12	0.295559		1	100.000000	LUTZ	FL
49	4		2049651.10	7704.52	0.224777		1	0.000000	SOLANA BEACH	CA
50	4		961047.36	6442.57	0.201966		1	100.000000	CAREFREE	AZ
51	4		193675.62	5468.96	0.144800		1	0.000000	TULSA	OK
52	4		866551.47	11462.23	0.343870		1	100.000000	XXXXX XXXX	WA
53	4		195234.29	11536.95	0.389973		1	0.000000	ARCADIA	CA
54	3		379303.09	4427.38	0.297140		1	100.000000	CARMEL	IN
55	3		222233.52	4633.44	0.300541		1	0.000000	ANN ARBOR	MI
56	4		387226.72	4752.73	0.025114		1	0.000000	TOMBALL	TX
57	4		548362.78	6300.45	0.197866		1	100.000000	NEWBURYPORT	MA
58	4		4207001.47	9664.99	0.370079		1	100.000000	RANCHO SANTA FE	CA
59	4		209552.97	5197.86	0.223479		1	0.000000	PHILADELPHIA	PA
60	4		74275.72	4368.99	0.265592		1	100.000000	NASHVILLE	TN
61	4		1158246.89	26567.85	0.325700		1	0.000000	HARBOR SPRINGS	MI
62	4		464243.14	25544.54	0.337257		1	100.000000	ARVADA	CO
63	4		324295.21	7012.35	0.308000		1	0.000000	NOVATO	CA
64	3		758651.59	12300.47	0.398938		1	0.000000	GREENWICH	CT
65	3		153816.84	13516.07	0.383005		1	0.000000	SAN FRANCISCO	CA
66	4		648002.77	29392.92	0.167800		1	100.000000	DALLAS	TX
67	4		90926.30	6968.96	0.305700		1	0.000000	TUCSON	AZ
68	4		166034.88	8194.80	0.374696		1	100.000000	RIVER FOREST	IL
69	3		102060.23	5219.72	0.243400		1	0.000000	CLAYTON	MO
70	4		356168.35	6088.35	0.358900		1	0.000000	SHAVER LAKE	CA
71	4		2219964.70	25865.75	0.261200		1	100.000000	MONTVILLE	NJ
72	4		1411860.88	11091.18	0.181285		1	0.000000	ARLINGTON	VA
73	4		32633.35	8188.10	0.251942		1	100.000000	AUSTIN	TX
74	4		876056.19	7206.90	0.311200		1	0.000000	SAN MARINO	CA
75	4		532708.23	23862.21	0.286800		1	100.000000	LUDLOW	VT
76	4		103875.40	4591.57	0.286454		1	0.000000	DOWNINGTOWN	PA
77	3		51293.31	11617.87	0.368800		1	0.000000	WAYZATA	MN
78	3		1016033.80	6464.02	0.293679		1	0.000000	SEATTLE	WA
79	3		893555.13	8120.75	0.243622		1	0.000000	WINNETKA	IL
80	4		818682.50	6792.84	0.303400		1	0.000000	MUNDELEIN	IL
81	4		343793.85	7743.23	0.388000		1	100.000000	KIRKLAND	WA
82	4		2504941.49	6065.98	0.370400		1	0.000000	ASPEN	CO
83	4		200151.26	8319.69	0.314200		1	0.000000	SAN DIEGO	CA
84	4		50290.28	8390.77	0.178152		1	0.000000	VASHON	WA
85	4		214579.91	9746.09	0.141800		1	0.000000	SHORT HILLS	NJ
86	4		89954.11	4144.96	0.347900		1	100.000000	WESTFORD	MA
87	3		1050873.17	4624.25	0.309500		1	0.000000	MENDOCINO	CA
88	4		297841.69	5112.48	0.390800		1	100.000000	PALMETTO BAY	FL
89	4		3847995.00	13038.54	0.264208		1	0.000000	OKLAHOMA CITY	OK
90	3		253996.00	6148.18	0.229778		1	0.000000	SEATTLE	WA
91	4		1421270.12	13712.19	0.285486		1	0.000000	ACTON	MA
92	4		177506.04	7613.86	0.308200		1	0.000000	FOREST HILLS	NY
93	3		2419140.81	7979.65	0.205300		1	0.000000	WINNETKA	IL
94	4		1188854.89	8869.03	0.264900		1	0.000000	LAFAYETTE	CA
95	4		182281.81	4758.58	0.205625		1	100.000000	SCOTTSDALE	AZ
96	4		718080.52	21705.89	0.297284		1	100.000000	SAN ANTONIO	TX
97	4		2137462.91	4869.29	0.338500		1	100.000000	SCOTTSDALE	AZ
98	4		924004.83	4574.77	0.163618		1	100.000000	BOISE	ID
99	4		337773.60	11143.96	0.322600		1	100.000000	QUINCY	WA
100	4		128338.77	5158.04	0.360200		1	0.000000	GIG HARBOR	WA
101	4		183970.91	6495.39	0.123100		1	0.000000	LOOKOUT MOUNTAIN	TN
102	4		836387.01	10488.71	0.343400		1	0.000000	ANN ARBOR	MI
103	3		1850455.34	8485.19	0.367800		1	0.000000	ORLEANS	MA

	000	000	000	124	125	126	127	128	129	130
Key	Postal Code	Property Type	Occupancy	Sales Price	Original Appraised Property Value	Original Property Valuation Type	Original Property Valuation Date	Original Automated Valuation Model (AVM) Model Name	Original AVM Confidence Score	Most Recent Property Value2
1	29036	7	1		1150000.00	3	20100614
2	80134	7	1		2700000.00	3	20100722
3	98023	1	1		900000.00	3	20100622
4	97045	1	1		875000.00	3	20100716
5	92253	7	2	970000.00	1000000.00	3	20100709
6	48104	1	1		1050000.00	3	20100803
7	98199	1	1		1475000.00	3	20100726
8	97110	1	2		2000000.00	3	20100721
9	98072	1	1		1760000.00	3	20100809
10	04105	1	1		840000.00	3	20100803
11	44139	1	1		820000.00	3	20100811
12	04011	7	1		1150000.00	3	20100810
13	98077	1	1		1500000.00	3	20100811
14	97210	1	1		2800000.00	3	20100824
15	98229	1	1		1750000.00	3	20100819
16	98006	1	1		1500000.00	3	20100831
17	97068	1	1		1700000.00	3	20100902
18	98027	1	1		1345000.00	3	20100901
19	98388	7	1		1050000.00	3	20101004
20	44233	7	1	1080000.00	1080000.00	3	20100929
21	98040	1	1		3500000.00	3	20101004
22	80113	7	1		980000.00	3	20101019
23	98335	1	1	872000.00	890000.00	3	20101014
24	98199	1	1	2120000.00	2200000.00	3	20101021
25	98118	1	1		1050000.00	3	20101110
26	49653	1	1	1500000.00	1500000.00	3	20101107
27	78732	7	1		950000.00	3	20100726
28	37774	1	1		1375000.00	3	20100908
29	37075	1	1	1200000.00	1290000.00	3	20100929
30	38017	7	1		950000.00	3	20101025
31	81632	7	1		1337000.00	3	20100526
32	94539	1	1		1270000.00	3	20100607
33	75093	7	1		730000.00	3	20100605
34	78734	1	1	675000.00	715000.00	3	20100607
35	95864	1	1	1260000.00	1260000.00	3	20100610
36	30327	1	1		825000.00	3	20100621
37	21146	7	1	950000.00	995000.00	3	20100616
38	85284	7	1	599000.00	600000.00	3	20100615
39	66224	7	1	1250000.00	1280000.00	3	20100616
40	98144	1	1	1060000.00	1075000.00	3	20100614
41	95762	7	1	1410000.00	1435000.00	3	20100616
42	60540	1	1		955000.00	3	20100413
43	98115	1	1	765000.00	765000.00	3	20100929
44	21401	1	1		970000.00	3	20100624
45	21146	1	1	975000.00	985000.00	3	20100628
46	80401	7	1	650000.00	686000.00	3	20100628
47	94027	1	1		1575000.00	3	20100702
48	33558	7	1	900000.00	900000.00	3	20100630
49	92075	1	1		1800000.00	3	20100629
50	85377	1	1	1300000.00	1300000.00	3	20100629
51	74137	7	1		910000.00	3	20100709
52	98004	1	1	2500000.00	2500000.00	3	20100713
53	91007	1	1		1745000.00	3	20100707
54	46032	7	1	700000.00	725000.00	3	20100713
55	48104	1	1		700000.00	3	20100711
56	77377	1	1		1000000.00	3	20101006
57	01950	1	1	950000.00	953000.00	3	20100720
58	92067	7	1	2950000.00	2950000.00	3	20100719
59	19118	1	1		825000.00	3	20100723
60	37205	1	1	915000.00	915000.00	3	20100730
61	49740	1	2		2200000.00	3	20100924
62	80007	7	1	1115000.00	1118000.00	3	20100728
63	94945	7	1		1150000.00	3	20100803
64	06830	1	1		2550000.00	3	20100728
65	94118	1	1		2900000.00	3	20100808
66	75220	1	1	2310000.00	2320000.00	3	20100808
67	85749	1	1		745000.00	3	20100810
68	60305	1	1	1070000.00	1100000.00	3	20100810
69	63105	1	1		725000.00	3	20100808
70	93664	7	1		1000000.00	3	20100903
71	07045	1	1	2800000.00	2450000.00	3	20100824
72	22207	1	1		1600000.00	3	20100617
73	78746	1	1	765000.00	765000.00	3	20100819
74	91108	1	1		1475000.00	3	20100826
75	05149	1	3	1050000.00	1050000.00	3	20100827
76	19335	1	1		762500.00	3	20100827
77	55391	1	1		1750000.00	3	20100824
78	98112	1	1		1720000.00	3	20100830
79	60093	1	1		1300000.00	3	20100902
80	60060	7	1		1100000.00	3	20100910
81	98033	1	1	1305000.00	1415000.00	3	20100902
82	81611	1	1		5700000.00	3	20100917
83	92130	7	1		1450000.00	3	20101001
84	98070	1	1		1250000.00	3	20100907
85	07078	1	1		2300000.00	3	20100911
86	01886	1	1	728000.00	728000.00	3	20101019
87	95460	1	1		1100000.00	3	20101102
88	33158	7	1	580000.00	575000.00	3	20100923
89	73142	7	1		2200000.00	3	20101020
90	98115	1	1		1500000.00	3	20101015
91	01720	1	1		1050000.00	3	20101015
92	11375	1	1		1175000.00	3	20101027
93	60093	1	1		1200000.00	3	20101026
94	94549	1	1		2075000.00	3	20101101
95	85255	7	1	624000.00	650000.00	3	20101104
96	78261	7	1	800000.00	825000.00	3	20101129
97	85259	7	2	693000.00	735000.00	3	20101126
98	83712	7	1	890000.00	840000.00	3	20101117
99	98848	1	1	625000.00	633000.00	3	20101207
100	98335	1	1		1045000.00	3	20100826
101	37350	1	1		1400000.00	3	20100811
102	48103	1	1		826000.00	3	20101108
103	02653	1	2		960000.00	3	20101117

	131	132	133	134	135	136	137	138	139	140
Key	Most Recent Property Valuation Type	Most Recent Property Valuation Date	Most Recent AVM Model Name	Most Recent AVM Confidence Score	Original CLTV	Original LTV	Original Pledged Assets	Mortgage Insurance Company Name	Mortgage Insurance Percent	MI: Lender or Borrower Paid?
1					0.764540	0.764540	0	0	0
2					0.648100	0.602590	0	0	0
3					0.737780	0.737780	0	0	0
4					0.800000	0.800000	0	0	0
5					0.750000	0.750000	0	0	0
6					0.790480	0.790480	0	0	0
7					0.799930	0.637210	0	0	0
8					0.633750	0.633750	0	0	0
9					0.750000	0.750000	0	0	0
10					0.664390	0.664390	0	0	0
11					0.788720	0.715550	0	0	0
12					0.696430	0.696430	0	0	0
13					0.530000	0.530000	0	0	0
14					0.521360	0.521360	0	0	0
15					0.401310	0.401310	0	0	0
16					0.750000	0.416670	0	0	0
17					0.800000	0.550000	0	0	0
18					0.672790	0.672790	0	0	0
19					0.691430	0.691430	0	0	0
20					0.800000	0.800000	0	0	0
21					0.464290	0.342860	0	0	0
22					0.689290	0.556630	0	0	0
23					0.800000	0.800000	0	0	0
24					0.542450	0.542450	0	0	0
25					0.750000	0.750000	0	0	0
26					0.800000	0.666670	0	0	0
27					0.800000	0.800000	0	0	0
28					0.750000	0.750000	0	0	0
29					0.750000	0.666670	0	0	0
30					0.649470	0.649470	0	0	0
31					0.747940	0.747940	0	0	0
32					0.730420	0.595900	0	0	0
33					0.727120	0.727120	0	0	0
34					0.800000	0.800000	0	0	0
35					0.793650	0.793650	0	0	0
36					0.770110	0.770110	0	0	0
37					0.678950	0.678950	0	0	0
38					0.800000	0.800000	0	0	0
39					0.660000	0.660000	0	0	0
40					0.636790	0.636790	0	0	0
41					0.680850	0.680850	0	0	0
42					0.798325	0.798325	0	0	0
43					0.800000	0.800000	0	0	0
44					0.723710	0.723710	0	0	0
45					0.800000	0.800000	0	0	0
46					0.750000	0.750000	0	0	0
47					0.799479	0.628690	0	0	0
48					0.800000	0.800000	0	0	0
49					0.800000	0.530000	0	0	0
50					0.461540	0.461540	0	0	0
51					0.774250	0.774250	0	0	0
52					0.550000	0.550000	0	0	0
53					0.744990	0.744990	0	0	0
54					0.800000	0.800000	0	0	0
55					0.706710	0.706710	0	0	0
56					0.600000	0.600000	0	0	0
57					0.750000	0.750000	0	0	0
58					0.322030	0.322030	0	0	0
59					0.727270	0.727270	0	0	0
60					0.612020	0.612020	0	0	0
61					0.624050	0.624050	0	0	0
62					0.582960	0.582960	0	0	0
63					0.800000	0.739130	0	0	0
64					0.510530	0.412490	0	0	0
65					0.597900	0.597900	0	0	0
66					0.649350	0.649350	0	0	0
67					0.648590	0.648590	0	0	0
68					0.719630	0.719630	0	0	0
69					0.748970	0.748970	0	0	0
70					0.700000	0.700000	0	0	0
71					0.700000	0.700000	0	0	0
72					0.684690	0.684690	0	0	0
73					0.750000	0.750000	0	0	0
74					0.714440	0.646640	0	0	0
75					0.650000	0.650000	0	0	0
76					0.673300	0.673300	0	0	0
77					0.422710	0.422710	0	0	0
78					0.512780	0.512780	0	0	0
79					0.740920	0.625540	0	0	0
80					0.619090	0.619090	0	0	0
81					0.689660	0.689660	0	0	0
82					0.175440	0.157890	0	0	0
83					0.775170	0.670340	0	0	0
84					0.749517	0.668320	0	0	0
85					0.521740	0.521740	0	0	0
86					0.800000	0.800000	0	0	0
87					0.556590	0.556590	0	0	0
88					0.800000	0.800000	0	0	0
89					0.499550	0.499550	0	0	0
90					0.560770	0.560770	0	0	0
91					0.696190	0.696190	0	0	0
92					0.756550	0.756550	0	0	0
93					0.545750	0.504080	0	0	0
94					0.530120	0.530120	0	0	0
95					0.750000	0.750000	0	0	0
96					0.750000	0.750000	0	0	0
97					0.700000	0.700000	0	0	0
98					0.750000	0.750000	0	0	0
99					0.750000	0.750000	0	0	0
100					0.749950	0.693970	0	0	0
101					0.799900	0.511330	0	0	0
102					0.750000	0.750000	0	0	0
103					0.622990	0.622990	0	0	0

	141	142	143	144	145	146	147	148	149	150
Key	Pool Insurance Co. Name	Pool Insurance Stop Loss %	MI Certificate Number	Updated DTI (Front-end)	Updated DTI (Back-end)	Modification Effective Payment Date	Total Capitalized Amount	Total Deferred Amount	Pre-Modification Interest (Note) Rate	Pre-Modification P&I Payment
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103

	151	152	153	154	155	156	157
Key	Pre-Modification Initial Interest Rate Change Downward Cap	Pre-Modification Subsequent Interest Rate Cap	Pre-Modification Next Interest Rate Change Date	Pre-Modification I/O Term	Forgiven Principal Amount	Forgiven Interest Amount	Number of Modifications	Cash To/From Brrw at Closing	Brrw - Yrs at in Industry	CoBrrw - Yrs at in Industry
1								-4101.02	3	0
2								-50453.8	20
3								2738.37	40	0
4								-16139.5	15.7	15.3
5								-184791	30	0
6								-60040.1	15
7								-21158.9	30	0
8								0	35	35
9								-337329	12	12
10								-8332.68	2	0
11								-15000.1	19	21
12								204.8	25
13								-844.82	13.3	20
14								-6512.36	25	0
15								1537.31	21.6	0
16								-175000	15	15
17								-20640.3	29.5	29.5
18								-1654.36	16	0
19								-7484.98	20	0
20								-227023	25
21								81387.41	28	0
22								-13504.3	15.5	15
23								-247216	20	0
24								-975667	28	0
25								-67183.1	17.2	11
26								-307060	23.4
27								-19571.3	10.51	0
28								-218117	10.4	10.4
29								-307301	10
30								812.8	3.67	0
31								-11937.2	24
32								-19132.4	23
33								0	21
34								-128729	0	0
35								-269523	1.7	3.5
36								-14587.8	31.5
37								-327963	28	0
38								-114988	20.5
39								-410744	21	0
40								-392159	25.1	0
41								-459218	0	9.1
42								-6463.06	20	0
43								-155492	22
44								100.83	3	3
45								-217334	12.1
46								-145481	10
47								0	51
48								-176883	6	0
49								10095.32	0	15.3
50								-702779	2.6	2.6
51								-393.32	0	16
52								-1073989	10	0
53								-2595.29	15
54								-129648	22.6
55								1779.21	0	4
56								-15487	20	0
57								-213607	26	5
58								-2009001	13	0
59								-202910	13	0
60								-350897	13.9
61								-20059.2	30
62								-440352	15	8.6
63								-18148.6	6.5	15
64								-17172.8	20	25
65								-15701.8	0	10.5
66								-778848	0	22
67								56.91	3.1
68								-248670	20	10.59
69								-58656.5	8.2
70								-7994.43	0	35
71								-1132255	20
72								-10545.2	6	0
73								-189216	15	0
74								-3723.51	13
75								-289840	11.2	8.3
76								-13.57	3.2
77								777.33	12.5	0
78								121	5
79								-1252.62	0.7	0
80								-3215.06	28	0
81								-394003	7.9	0
82								1290.81	6	0
83								-3349.83	22	0
84								-4615.72	33	0
85								-55728.5	14
86								-154811	7.3	0
87								97.3	99	0
88								-141171	12
89								-48919.2	11.67	0
90								6	7.09
91								8016.81	11.76	0
92								-21887.3	8.5	0
93								20607.19	20.9	3
94								-25552.1	5.09	0
95								-158618	20	20
96								-199869	18
97								-215021	99	0
98								-221469	10	0
99								-161701	20
100								-7803.67	20
101								-12940.1	8	0
102								753.98	28.77	28.6
103								-6894.33	0	39


Key	Junior Mortgage Drawn Amount	Maturity Date	Primary Borrower Wage Income (Salary)	Primary Borrower Wage Income (Bonus)	Primary Borrower Wage Income (Commission)	Co-Borrower Wage Income (Salary)	Co-Borrower Wage Income (Bonus)	Co-Borrower Wage Income (Commission)	Originator Doc Code	RWT Income Verification	RWT Asset Verification
1	0	20400801	0	0	0	0	0	0	Full	2 years	Y
2	121915	20400901	58412	0	0				Full	2 years	Y
3	0	20400901	17579	0	0	0	0	0	Full	2 years	Y
4	0	20401001	18289	0	0	0	0	0	Full	2 years	Y
5	0	20400801	0	0	0	0	0	0	Full	2 years	Y
6	0	20401001	20000	17041	0				Full	2 years	Y
7	156150	20401001	33386.41	0.00	0	0	0	0	Full	2 years	Y
8	0	20401001	87315	0	0	7583	0	0	Full	2 years	Y
9	0	20401001	25092.08	0.00	0.00	25092.08	0	0	Full	2 years	Y
10	0	20401101	0	0	0	0	0	0	Full	2 years	Y
11	59694	20401001	10875	0	0	5768.5	0	0	Full	2 years	Y
12	0	20401101	36416	0.00	0.00				Full	2 years	Y
13	0	20401001	18361	0.00	0.00	16864	0	0	Full	2 years	Y
14	0	20401101	20417	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
15	0	20401201	23198	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
16	500000	20401101	13750	0	0	9583.35	0	0	Full	2 years	Y
17	425000	20401101	28958	0.00	0.00	3500	0.00	0.00	Full	2 years	Y
18	0	20401101	46700.08	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
19	0	20401101	19500	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
20	0	20401101	19670	9511	0.00				Full	2 years	Y
21	425000	20401201	38233	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
22	86646	20401201	22371	0.00	0.00	8490	0.00	0.00	Full	2 years	Y
23	0	20401201	43233	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
24	0	20401201	44382	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
25	0	20410101	12126	0.00	0.00	6875	0.00	0.00	Full	2 years	Y
26	200000	20410101	45746	0.00	0.00				Full	2 years	Y
27	0	20400901	16666.67	0	21995.77	0	0	0	Full	2 years	Y
28	0	20410101	1663	0.00	0.00	39914	0.00	0.00	Full	2 years	Y
29	100000	20401001	25618	0.00	0.00				Full	2 years	Y
30	0	20401201	24997	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
31	0	20400801	19056	0.00	0.00				Full	2 years	Y
32	0	20400801	20483	0.00	0.00				Full	2 years	Y
33	0	20400801	13600	4172.26	0.00				Full	2 years	Y
34	0	20400701	7500	0	0	0	0	0	Full	1 year	Y
35	0	20400801	41666.66	0	0.00	20547	0.00	0.00	Full	2 years	Y
36	0	20401001	36667	0	0				Full	2 years	Y
37	0	20400701	12500	0	0.00	0	0.00	0.00	Full	1 year	Y
38	0	20400801	4166.66	0	0				Full	2 years	Y
39	0	20400801	20000	0	0.00	0	0.00	0.00	Full	2 years	Y
40	0	20400801	14583.33	0	0	0	0	0	Full	2 years	Y
41	0	20400801	0	0	0.00	24871.58	0.00	0.00	Full	2 years	Y
42	0	20400801	10583.43	8333	0	0	0	0	Full	2 years	Y
43	0	20401001	13333	0	0				Full	2 years	Y
44	0	20400901	6250	0	3515	5000	0	0	Full	2 years	Y
45	0	20400801	18471.46	0	0				Full	2 years	Y
46	0	20400801	15000	0	0				Full	2 years	Y
47	3002.28	20400901	117126	0	0				Full	2 years	Y
48	0	20400901	28749.98	0	0	0	0	0	Full	2 years	Y
49	14000	20400801	0	0	0	10415.6	0	23860.71	Full	2 years	Y
50	0	20400801	0	0	0	0	0	0	Full	2 years	Y
51	0	20401001	0.00	0.00	0.00	35733.1	0.00	0.00	Full	2 years	Y
52	0	20400801	33333	0	0	0	0	0	Full	2 years	Y
53	0	20400901	29652	0	0				Full	2 years	Y
54	0	20400801	14900	0	0				Full	2 years	Y
55	0	20401101	0	0	0	15417	0	0	Full	2 years	Y
56	0	20401201	189124	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
57	0	20401001	22175	0	0	9667	0	0	Full	2 years	Y
00	0	00000000	00000	0	0	0	0	0	Full	2 years	Y
59	0	20401001	23258.78	0	0	0	0	0	Full	2 years	Y
60	0	20400901	16450	0	0				Full	2 years	Y
61	0	20401101	21677	0.00	0.00				Full	2 years	Y
62	0	20401001	29575	1891	0	21133.34	5915	0	Full	2 years	Y
63	68580	20401001	12083.07	0.00	0.00	8366	0.00	0.00	Full	2 years	Y
64	250000	20401001	30833	0	0	0	0	0	Full	2 years	Y
65	0	20401001	0.00	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
66	0	20401001	0	0	0	57500	114925	0	Full	2 years	Y
67	0	20401001	18278	0.00	0.00				Full	2 years	Y
68	0	20400901	10416.67	0	0	11453.86	0	0	Full	2 years	Y
69	0	20401101	20833	0	0				Full	2 years	Y
70	0	20401101	0	0	0	10444	0	0	Full	2 years	Y
71	0	20401001	58333.34	58333	0				Full	2 years	Y
72	0	20401101	61181	0	0	0	0	0	Full	2 years	Y
73	0	20400901	32500	0	0	0	0	0	Full	2 years	Y
74	90846	20401201	23311	0.00	0.00				Full	2 years	Y
75	0	20401001	8458.33	0.00	15067	43627.66	0.00	0.00	Full	2 years	Y
76	0	20401001	16029.02	0	0				Full	2 years	Y
77	0	20401101	31232	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
78	0	20401101	19180	2830.47	0				Full	2 years	Y
79	150000	20401201	33333.34	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
80	0	20401101	21142.86	0	0	0	0	0	Full	2 years	Y
81	0	20401001	16557	5430.85	0.00	0	0.00	0.00	Full	2 years	Y
82	100000	20401201	8900	9304	0.00	0	0.00	0.00	Full	2 years	Y
83	149609	20401101	25300	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
84	82092	20401201	47099	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
85	0	20401101	16666.67	52046	0.00				Full	2 years	Y
86	0	20401201	11913.28	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
87	0	20410101	0.00	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
88	0	20401201	13083.33	0.00	0.00				Full	2 years	Y
89	0	20410101	18242.46	19708.13	0.00	0.00	0.00	0.00	Full	2 years	Y
90	0	20401201	10976	15781	0.00				Full	2 years	Y
91	0	20410101	41250	6781	0.00	0.00	0.00	0.00	Full	2 years	Y
92	0	20410101	23954.88	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
93	50000	20410101	35635	0.00	0.00	1100	0.00	0.00	Full	2 years	Y
94	0	20410101	19461	15169	0.00	0.00	0.00	0.00	Full	2 years	Y
95	0	20410101	14767	0	0.00	8375	0.00	0.00	Full	2 years	Y
96	0	20401201	73014	0.00	0.00				Full	2 years	Y
97	0	20410101	0.00	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
98	0	20410101	16667	10674	0.00	0.00	0.00	0.00	Full	2 years	Y
99	0	20410101	34546	0.00	0.00				Full	2 years	Y
100	25979	20410101	14063	0.00	0.00				Full	2 years	Y
101	402917	20401201	60593	0.00	0.00	0.00	0.00	0.00	Full	2 years	Y
102	0	20410101	13537	0.00	0.00	16552	0.00	0.00	Full	2 years	Y
103	0	20410101	0	0	0	19562	0.00	0.00	Full	2 years	Y

ASF RMBS DISCLOSURE PACKAGE

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

Field Number	Field Name	Field Description	Type of Field	Data Type	Sample Data	Format	When Applicable?	Valid Values	Proposed Unique Coding	Notes
1	Primary Servicer	The MERS Organization ID of the company that has or will have the right to service the loan.	General Information	Numeric – Integer	2351805	9(7)	Always	”9999999” if Unknown
2	Servicing Fee—Percentage	Aggregate monthly fee paid to all servicers, stated in decimal form.	General Information	Numeric - Decimal	0.0025	9.999999	Loans without flat-dollar servicing fees	>= 0 and < 1		Must be populated if Field 3 is Null
3	Servicing Fee—Flat-dollar	Aggregate monthly fee paid to all servicers, stated as a dollar amount.	General Information	Numeric – Decimal	7.5	9(3).99	Loans with flat-dollar servicing fees	>= 0 and <= 999		Must be populated if 2 is Null
4	Servicing Advance Methodology	The manner in which principal and/or interest are to be advanced by the servicer.	General Information	Numeric – Integer	2	99	Always	See Coding	1 = Scheduled Interest, Scheduled Principal 2 = Actual Interest, Actual Principal 3 = Scheduled Interest, Actual Principal 99 = Unknown
5	Originator	The MERS Organization ID of the entity that lends funds to the borrower and, in return, places a lien on the mortgage property as collateral.	General Information	Numeric – Integer	5938671	9(7)	Always	”9999999” if Unknown
6	Loan Group	Indicates the collateral group number in which the loan falls (for structures with multiple collateral groups). Use “1” if there is only one loan group.	General Information	Text	1A	XXXX	Always	“UNK” if Unknown
7	Loan Number	Unique National Mortgage Loan ID Number (Vendor TBD).	General Information	Numeric – Integer	XXX	XXX	Always	TBD		Details to be provided by Vendor
8	Amortization Type	Indicates whether the loan’s interest rate is fixed or adjustable (Hybrid ARMs are adjustable).	Loan Type	Numeric – Integer	2	99	Always	See Coding	1 = Fixed 2 = Adjustable 99 = Unknown
9	Lien Position	A number indicating the loan’s lien position (1 = first lien, etc.).	Loan Type	Numeric – Integer	1	99	Always	>0	99 = Unknown
10	HELOC Indicator	Indicates whether the loan is a home equity line of credit.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
11	Loan Purpose	Indicates the purpose of the loan.	Loan Type	Numeric – Integer	9	99	Always	See Coding	See Appendix A
12	Cash Out Amount	For “Cash-out” loans (see Glossary): [NEW LOAN AMOUNT] – [PAID-OFF FIRST MORTGAGE LOAN AMOUNT] – [PAID-OFF SECOND MORTGAGE LOAN AMOUNT (if Second was used to purchase the property)] – [CLOSING COSTS].	Loan Type	Numeric – Decimal	72476.5	9(10).99	Always	>= 0
13	Total Origination and Discount Points (in dollars)	Amount paid to the lender to increase the lender’s effective yield and, in the case of discount points, to reduce the interest rate paid by the borrower.	Loan Type	Numeric – Decimal	5250	9(10).99	Always	>= 0		Typically Lines 801 and 802 of HUD Settlement Statement
14	Covered/High Cost Loan Indicator	Indicates whether the loan is categorized as “high cost” or “covered” according to state or federal statutes or regulations.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
15	Relocation Loan Indicator	Indicates whether the loan is part of a corporate relocation program.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
16	Broker Indicator	Indicates whether a broker took the application.	Loan Type	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
17	Channel	Code indicating the source (channel) from which the Issuer obtained the mortgage loan.	Loan Type	Numeric – Integer	2	99	Always	See Coding	1 = Retail 2 = Broker 3 = Correspondent Bulk 4 = Correspondent Flow with delegated underwriting 5 = Correspondent Flow without delegated underwriting 99 = Unknown
18	Escrow Indicator	Indicates whether various homeownership expenses are paid by the borrower directly or through an escrow account (as of securitization cut-off date).	Loan Type	Numeric – Integer	3	99	Always	See Coding	0 = No Escrows 1 = Taxes 2 = Insurance 3 = XXX xxxx 4 = Taxes and Insurance 5 = All 99 =Unknown
19	Senior Loan Amount(s)	For non-first mortgages, the sum of the balances of all associated senior mortgages at the time of origination of the subordinate lien.	Mortgage Lien Info	Numeric – Decimal	611004.25	9(10).99	If Lien Position > 1	>= 0
20	Loan Type of Most Senior Lien	For non-first mortgages, indicates whether the associated first mortgage is a Fixed, ARM, Hybrid, or negative amortization loan.	Mortgage Lien Info	Numeric – Integer	2	99	If Lien Position > 1	See Coding	1 = Fixed Rate 2 = ARM 3 = Hybrid 4 = Neg Am 99 = Unknown
21	Hybrid Period of Most Senior Lien (in months)	For non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed interest rate period for the hybrid first mortgage.	Mortgage Lien Info	Numeric – Integer	23	999	If Lien Position > 1 AND the most senior lien is a hybrid ARM (see Field 20)	>= 0
22	Neg Am Limit of Most Senior Lien	For non-first mortgages where the associated first mortgage features negative amortization, the maximum percentage by which the negatively amortizing balance may increase (expressed as a proportion of the senior lien’s original balance).	Mortgage Lien Info	Numeric – Decimal	1.25	9.999999	If Lien Position > 1 AND the senior lien is Neg Am (see Field 20)	>= 1 and <= 2
23	Junior Mortgage Balance	For first mortgages with subordinate liens at the time of origination, the combined balance of the subordinate liens (if known).	Mortgage Lien Info	Numeric – Decimal	51775.12	9(10).99	If Lien Position = 1 and there is a 2nd lien on the subject property	>= 0		Subject to Regulatory Confirmation
24	Origination Date of Most Senior Lien	For non-first mortgages, the origination date of the associated first mortgage.	Mortgage Lien Info	Date	20090914	YYYYMMDD	If Lien Position > 1 and there is a 2nd lien on the subject property	“19010101” if unknown
25	Origination Date	The date of the Mortgage Note and Mortgage/Deed of Trust	Loan Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101” if unknown
26	Original Loan Amount	The dollar amount of the mortgage loan, as specified on the mortgage note at the time of the loan’s origination. For HELOCs, the maximum available line of credit.	Loan Term and Amortization Type	Numeric – Decimal	150000	9(10).99	Always	>0
27	Original Interest Rate	The original note rate as indicated on the mortgage note.	Loan Term and Amortization Type	Numeric – Decimal	0.0475	9.999999	Always	> 0 and <= 1
28	Original Amortization Term	The number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each month.	Loan Term and Amortization Type	Numeric – Integer	360	999	Always	>= 60
29	Original Term to Maturity	The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.	Loan Term and Amortization Type	Numeric – Integer	60	999	Always	>0	N/A
30	First Payment Date of Loan	The date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note.	Loan Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101” if unknown	N/A
31	Interest Type Indicator	Indicates whether the interest rate calculation method is simple or actuarial.	Loan Term and Amortization Type	Numeric – Integer	2	99	Always	See Coding	1= Simple 2 = Actuarial 99 = Unknown
32	Original Interest Only Term	Original interest-only term for a loan in months (including NegAm Loans).	Loan Term and Amortization Type	Numeric – Integer	60	999	Always	>= 0 and <= 240 Unknown = Blank; No Interest Only Term = 0
33	Buy Down Period	The total number of months during which any buy down is in effect, representing the accumulation of all buy down periods.	Loan Term and Amortization Type	Numeric – Integer	65	999	Always	>= 0 and <= 100 Unknown = Blank; No Buy Down = 0
34	HELOC Draw Period	The original number of months during which the borrower may draw funds against the HELOC account.	Loan Term and Amortization Type	Numeric – Integer	24	999	HELOCs Only	>= 12 and <= 120
35	Current Loan Amount	Mortgage loan outstanding principal balance as of cut-off date. For HELOCs, the current drawn amount.	Loan Term and Amortization Type	Numeric – Decimal	248951.19	9(10).99	Always	>= 0
36	Current Interest Rate	The interest rate used to calculate the current P&I or I/O payment.	Loan Term and Amortization Type	Numeric – Decimal	0.05875	9.999999	Always	> 0 and <= 1
37	Current Payment Amount Due	Next Total Payment due to be collected (including principal, interest or both—but Exclude Escrow Amounts).	Loan Term and Amortization Type	Numeric – Decimal	1250.15	9(10).99	Always	> 0
38	Interest Paid Through Date	The date through which interest is paid with the current payment, which is the effective date from which interest will be calculated for the application of the next payment.	Loan Term and Amortization Type	Date	20090429	YYYYMMDD	Always	“19010101” if unknown
39	Current Payment Status	Number of payments the borrower is past due as of the securitization cut-off date.	Loan Term and Amortization Type	Numeric – Integer	3	99	Always	>= 0
40	Index Type	Specifies the type of index to be used to determine the interest rate at each adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	18	99	ARMs Only	See Coding	See Appendix B
41	ARM Look-back Days	The number of days prior to the interest rate adjustment date to retrieve the index value.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	45	99	ARMs Only	>= 0 to <=99
42	Gross Margin	The percentage stated on the mortgage note representing the spread between the ARM Index value and the mortgage interest rate. The gross mortgage margin is added to the index value to establish a new gross interest rate in the manner prescribed on the mortgage note.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.03	9.999999	ARMs Only	>0 and <= 1
43	ARM Round Flag	An indicator of whether an adjusted interest rate is rounded to the next higher ARM round factor, to the next lower round factor, or to the nearest round factor.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	3	9	ARMs Only	See Coding	0 = No Rounding 1 = Up 2 = Down 3 = Nearest 99=Unknown
44	ARM Round Factor	The percentage to which an adjusted interest rate is to be rounded.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.0025 or 0.00125	9.999999	ARMs Only Where ARM Round Flag = 1, 2, or 3	>= 0 and < 1
45	Initial Fixed Rate Period	For hybrid ARMs, the period between the first payment date of the mortgage and the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	60	999	Hybrid ARMs Only	>= 1 to <=240
46	Initial Interest Rate Cap (Change Up)	The maximum percentage by which the mortgage note rate may increase at the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1
47	Initial Interest Rate Cap (Change Down)	The maximum percentage by which the mortgage note rate may decrease at the first interest rate adjustment date.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1
48	Subsequent Interest Rate Reset Period	The number of months between subsequent rate adjustments.	Adjustable Rate Mortgages (ARMs)	Numeric – Integer	60	999	ARMs Only	>=0 and <= 120		0 = Loan does not adjust after initial reset
49	Subsequent Interest Rate (Change Down)	The maximum percentage by which the interest rate may decrease at each rate adjustment date after the initial adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1
50	Subsequent Interest Rate Cap (Change Up)	The maximum percentage by which the interest rate may increase at each rate adjustment date after the initial adjustment.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.02	9.999999	ARMs Only	>= 0 and <= 1
51	Lifetime Maximum Rate (Ceiling)	The maximum interest rate that can be in effect during the life of the loan.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.125	9.999999	ARMs Only	>= 0 and <= 1		=1 if no ceiling specified
52	Lifetime Minimum Rate (Floor)	The minimum interest rate that can be in effect during the life of the loan.	Adjustable Rate Mortgages (ARMs)	Numeric – Decimal	0.015	9.999999	ARMs Only	>= 0 and <= 1		If no floor is specified enter the greater of the margin or 0.
53	Negative Amortization Limit	The maximum amount of negative amortization allowed before recast is required. (Expressed as a percentage of the original unpaid principal balance.)	Negative Amortization	Numeric – Decimal	1.25	9.999999	Negatively Amortizing ARMs Only	>=0, and <2
54	Initial Negative Amortization Recast Period	The number of months in which the payment is required to recast if the loan does not reach the prescribed maximum balance earlier.	Negative Amortization	Numeric – Integer	60	999	Negatively Amortizing ARMs Only	>=0
55	Subsequent Negative Amortization Recast Period	The number of months after which the payment is required to recast AFTER the first recast period.	Negative Amortization	Numeric – Integer	48	999	Negatively Amortizing ARMs Only	>=0
56	Initial Fixed Payment Period	Number of months after origination during which the payment is fixed.	Negative Amortization	Numeric – Integer	60	999	Negatively Amortizing Hybrid ARMs Only	>= 0 to <=120
57	Subsequent Payment Reset Period	Number of months between payment adjustments after first payment reset.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
58	Initial Periodic Payment Cap	The maximum percentage by which a payment can change (increase or decrease) in the first period.	Negative Amortization	Numeric – Decimal	0.075	9.999999	Negatively Amortizing ARMs Only	>= 0 and < 1
59	Subsequent Periodic Payment Cap	The maximum percentage by which a payment can change (increase or decrease) in one period after the initial cap.	Negative Amortization	Numeric – Decimal	0.075	9.999999	Negatively Amortizing ARMs Only	>= 0 and < 1
60	Initial Minimum Payment Reset Period	The maximum number of months a borrower can initially pay the minimum payment before a new minimum payment is determined.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
61	Subsequent Minimum Payment Reset Period	The maximum number of months (after the initial period) a borrower can pay the minimum payment before a new minimum payment is determined after the initial period.	Negative Amortization	Numeric – Integer	12	999	Negatively Amortizing ARMs Only	>= 0 to <=120
62	Option ARM Indicator	An indicator of whether the loan is an Option ARM.	Negative Amortization	Numeric – Integer	1	99	ARMs Only	See Coding	0 = No 1 = Yes 99 = Unknown
63	Options at Recast	The means of computing the lowest monthly payment available to the borrower after recast.	Option ARM	Numeric – Integer	2	99	Option ARMs Only	N/A	1= Fully amortizing 30 year 2= Fully amortizing 15 year 3=Fully amortizing 40 year 4 = Interest-Only 5 = Minimum Payment 99= Unknown
64	Initial Minimum Payment	The initial minimum payment the borrower is permitted to make.	Option ARM	Numeric – Decimal	879.52	99	Option ARMs Only	>=0
65	Current Minimum Payment	Current Minimum Payment (in dollars).	Negative Amortization	Numeric – Decimal	250	9(10).99	Option ARMs Only	>= 0
66	Prepayment Penalty Calculation	A description of how the prepayment penalty would be calculated during each phase of the prepayment penalty term.	Prepayment Penalties	Numeric – Integer	12	99	Always	See Coding	See Appendix C
67	Prepayment Penalty Type	• Hard: The prepayment penalty is incurred regardless of the reason the loan is prepaid in full. • Hybrid: The prepayment penalty can be characterized as hard for a certain amount of time and as soft during another period.	Prepayment Penalties	Numeric – Integer	1	99	All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	See Coding	1 = Hard 2 = Soft 3 = Hybrid 99 = Unknown
68	Prepayment Penalty Total Term	The total number of months that the prepayment penalty may be in effect.	Prepayment Penalties	Numeric – Integer	60	999	All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	>0 to <=120
69	Prepayment Penalty Hard Term	For hybrid prepayment penalties, the number of months during which a “hard” prepayment penalty applies.	Prepayment Penalties	Numeric – Integer	12	999	Loans with Hybrid Prepayment Penalties (i.e., loans for which Field 67 = “3”)	>= 0 to <=120
70	Primary Borrower ID	A lender-generated ID number for the primary borrower on the mortgage	Borrower	Numeric—Integer	123456789	999999999	Always	>0		Used to identify the number of times a single borrower appears in a given deal.
71	Number of Mortgaged Properties	The number of properties owned by the borrower that currently secure mortgage loans.	Borrower	Numeric – Integer	1	99	Always	> 0
72	Total Number of Borrowers	The number of Borrowers who are obligated to repay the mortgage note.	Borrower	Numeric – Integers	2	99	Always	> 0
73	Self-employment Flag	An indicator of whether the primary borrower is self-employed.	Borrower	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
74	Current ‘Other’ Monthly Payment	The aggregate of all payments pertaining to the subject property other than principal and interest (includes common charges, condo fees, T&I, HOA, etc.), whether escrowed or not.	Loan Term and Amortization Type	Numeric – Decimal	1789.25	9(10).99	Always	> 0
75	Length of Employment: Borrower	The number of years of service with the borrower’s current employer as of the date of the loan.	Borrower Qualification	Numeric – Decimal	3.5	99.99	Always	>=0
76	Length of Employment: Co-Borrower	The number of years of service with the co-borrower’s current employer as of the date of the loan.	Borrower Qualification	Numeric – Decimal	3.5	99.99	If “Total Number of Borrowers” > 1	>= 0
77	Years in Home	Length of time that the borrower has been at current address.	Borrower Qualification	Numeric – Decimal	14.5	99.99	Refinances of Primary Residences Only (Loan Purpose = 1, 2, 3, 4, 8 or 9)	> 0
78	FICO Model Used	Indicates whether the FICO score was calculated using the Classic, Classic 08, or Next Generation model.	Borrower Qualification	Numeric – Integer	1	99	If a FICO score was obtained	See Coding	1 = Classic 2 = Classic 08 3 = Next Generation 99 = Unknown
79	Most Recent FICO Date	Specifies the date on which the most recent FICO score was obtained	Borrower Qualification	Date	20090914	YYYYMMDD	If a FICO score was obtained	“19010101” if unknown		Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance.
80	Primary Wage Earner Original FICO: Equifax	Equifax FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
81	Primary Wage Earner Original FICO: Experian	Experian FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
82	Primary Wage Earner Original FICO: TransUnion	TransUnion FICO score for primary borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
83	Secondary Wage Earner Original FICO: Equifax	Equifax FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
84	Secondary Wage Earner Original FICO: Experian	Experian FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
85	Secondary Wage Earner Original FICO: TransUnion	TransUnion FICO score for Co-borrower (if applicable).	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
86	Most Recent Primary Borrower FICO	Most Recent Primary Borrower FICO score used by the lender to approve the loan.	Borrower Qualification	Numeric – Integer	720	9999	If a FICO score was obtained	>= 350 and <= 850
87	Most Recent Co-Borrower FICO	Most Recent Co-Borrower FICO score used by the lender to approve the loan.	Borrower Qualification	Numeric – Integer	720	9999	If “Total Number of Borrowers” > 1	>= 350 and <= 850
88	Most Recent FICO Method	Number of credit repositories used to update the FICO Score.	Borrower Qualification	Numeric – Integer	2	9	If a FICO score was obtained	>0
89	VantageScore: Primary Borrower	Credit Score for the Primary Borrower used to approve the loan and obtained using the Vantage credit evaluation model.	Borrower Qualification	Numeric – Integer	720	9999	If a Vantage Credit Score was obtained	>= 501 and <= 990
90	VantageScore: Co-Borrower	Credit Score for the Co-borrower used to approve the loan and obtained using the Vantage credit evaluation model.	Borrower Qualification	Numeric – Integer	720	9999	If a VantageScore was obtained AND “Total Number of Borrowers” > 1	>= 501 and <= 990
91	Most Recent VantageScore Method	Number of credit repositories used to update the Vantage Score.	Borrower Qualification	Numeric – Integer	2	9	If a Vantage Credit Score was obtained	>0
92	VantageScore Date	Date Vantage Credit Score was obtained.	Borrower Qualification	Date	20090914	YYYYMMDD	If a Vantage Credit Score was obtained	“19010101” if unknown
93	Credit Report: Longest Trade Line	The length of time in months that the oldest active trade line, installment or revolving, has been outstanding. For a loan with more than one borrower, populate field based on status for the primary borrower.	Borrower Qualification	Numeric – Integer	999	999	Always	> =0		Subject to Regulatory Confirmation
94	Credit Report: Maximum Trade Line	The dollar amount for the trade line, installment or revolving, with the largest unpaid balance. For revolving lines of credit, e.g. credit card, the dollar amount reported should reflect the maximum amount of credit available under the credit line whether used or not. For a loan with more than one borrower, populate field based on status for the primary borrower.	Borrower Qualification	Numeric – Decimal	339420.19	9(10).99	Always	>=0		Subject to Regulatory Confirmation
95	Credit Report: Number of Trade Lines	A count of non-derogatory, currently open and active, consumer trade lines (installment or revolving) for the borrower. For a loan with more than one borrower, populate field based on status for the primary borrower.	Borrower Qualification	Numeric – Integer	57	999	Always	>=0		Subject to Regulatory Confirmation
96	Credit Line Usage Ratio	Sum of credit balances divided by sum of total open credit available.	Borrower Qualification	Numeric – Decimal	0.27	9.999999	Always	>= 0 and <= 1		Subject to Regulatory Confirmation
97	Most Recent 12-month Pay History	String indicating the payment status per month listed from oldest to most recent.	Borrower Qualification	Text	77X123200001	X(12)	Always	See Coding	0 = Current 1 = 30-59 days delinquent 2 = 60-89 days delinquent 3 = 90-119 days delinquent 4 = 120+ days delinquent 5 = Foreclosure 6 = REO 7 = Loan did not exist in period X = Unavailable
98	Months Bankruptcy	Number of months since any borrower was discharged from bankruptcy. (Issuers unable to provide this information may rep and warrant that at least x years—as specified in the loan program—have passed since most recent discharge from bankruptcy.)	Borrower Qualification	Numeric – Integer	12	999	If Borrower has ever been in Bankruptcy	>= 0		Blank = Borrower is not known to have been in bankruptcy
99	Months Foreclosure	Number of months since foreclosure sale date. (Issuers unable to provide this information may rep and warrant that at least x years—as specified in the loan program— have passed since most recent foreclosure.)	Borrower Qualification	Numeric – Integer	12	999	If Borrower has ever been in Foreclosure	>= 0		Blank = Borrower is not known to have been in foreclosure
100	Primary Borrower Wage Income	Monthly base wage income for primary borrower.	Borrower Qualification	Numeric – Decimal	9000	9(9).99	Always	>= 0
000	Xx-Xxxxxxxx Xxxx Income	Monthly base wage income for all other borrowers.	Borrower Qualification	Numeric – Decimal	9000	9(9).99	If “Total Number of Borrowers” > 1	>= 0
102	Primary Borrower Other Income	Monthly Other (non-wage) income for primary borrower. (This figure should include net rental income and be reduced by any net rental loss.)	Borrower Qualification	Numeric – Decimal	9000	9(9).99	Always	>= 0
103	Co-Borrower Other Income	Monthly Other (non-wage) income for all other borrowers. (This figure should include net rental income and be reduced by any net rental loss.)	Borrower Qualification	Numeric – Decimal	9000	9(9).99	If “Total Number of Borrowers” > 1	>= 0
104	All Borrower Wage Income	Monthly income of all borrowers derived from base salary only.	Borrower Qualification	Numeric – Decimal	9000	9(9).99	Always	>= 0
105	All Borrower Total Income	Monthly income of all borrowers derived from base salary, commission, tips and gratuities, overtime and bonuses, part-time or second-job earnings, alimony, child support, interest and dividend income, notes receivable, trust income, net rental income, retirement income, social security, veterans income, military income, xxxxxx care income, and self-employed income.	Borrower Qualification	Numeric – Decimal	9000	9(9).99	Always	>= 0
106	4506-T Indicator	A yes/no indicator of whether a Transcript of Tax Return (received pursuant to the filing of IRS Form 4506-T) was obtained and considered.	Borrower Qualification	Numeric – Integer	1	99	Always	See Coding	0 = No 1 = Yes 99 = Unknown
107	Borrower Income Verification Level	A code indicating the extent to which the borrower’s income has been verified: Xxxxx 0 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried) Xxxxx 0 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)	Borrower Qualification	Numeric – Integer	1	9	Always	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, “Level 4” Verified (as defined) 5 = Stated, “Level 5” Verified (as defined)
108	Co-Borrower Income Verification	A code indicating the extent to which the co-borrower’s income has been verified: Xxxxx 0 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried) Xxxxx 0 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)	Borrower Qualification	Numeric – Integer	2	9	If “Total Number of Borrowers” > 1	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, “Level 4” Verified (as defined) 5 = Stated, “Level 5” Verified (as defined)
109	Borrower Employment Verification	A code indicating the extent to which the primary borrower’s employment has been verified: Level 3 Verified = Direct Independent Verification with a third party of the borrower’s current employment.	Borrower Qualification	Numeric – Integer	2	9	Always	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, Level 3 Verified (as defined)
110	Co-Borrower Employment Verification	A code indicating the extent to which the co-borrower’s employment has been verified: Level 3 Verified = Direct Independent Verification with a third party of the co-borrower’s current employment.	Borrower Qualification	Numeric – Integer	1	9	If “Total Number of Borrowers” > 1	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, Level 3 Verified (as defined)
111	Borrower Asset Verification	A code indicating the extent to which the primary borrower’s assets used to qualify the loan have been verified: Level 4 Verified = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).	Borrower Qualification	Numeric – Integer	3	9	Always	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined)
112	Co-Borrower Asset Verification	A code indicating the extent to which the co-borrower’s assets used to qualify the loan have been verified: Level 4 = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).	Borrower Qualification	Numeric – Integer	2	9	If “Total Number of Borrowers” > 1	See Coding	1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined)
113	Liquid / Cash Reserves	The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.)	Borrower Qualification	Numeric – Decimal	3242.76	9(9).99	Always	>= 0
114	Monthly Debt All Borrowers	The aggregate monthly payment due on other debt (excluding only installment loans with fewer than 10 payments remaining and other real estate loans used to compute net rental income-- which is added/subtracted in the income fields).	Borrower Qualification	Numeric – Decimal	3472.43	9(9).99	Always	>= 0
115	Originator DTI	Total Debt to income ratio used by the originator to qualify the loan.	Borrower Qualification	Numeric – Decimal	0.35	9.999999	Always	>= 0 and >= 1
116	Fully Indexed Rate	The fully indexed interest rate as of securitization cut-off.	Borrower Qualification	Numeric – Decimal	0.0975	9.999999	ARMs Only	>= 0 and >= 1
117	Qualification Method	Type of mortgage payment used to qualify the borrower for the loan.	Borrower Qualification	Numeric – Integer	3	99	Always	See Coding	1 = Start Rate 2 = First Year Cap Rate 3 = I/O Amount 4 = Fully Indexed 5 = Min Payment 98 = Other 99 = Unknown
118	Percentage of Down Payment from Borrower Own Funds	Include only borrower funds, do not include any gift or borrowed funds. (Issuers may provide the actual percentage for each loan, or the guideline percentage and note departure concentration on the transaction summary.)	Borrower Qualification	Numeric – Decimal	0.5	9.999999	Purchase Loans Only	>= 0 and >= 1
119	City	The name of the city.	Subject Property	Text	New York	X(45)	Always	Unk=Unknown
120	State	The name of the state as a 2-digit Abbreviation.	Subject Property	Text	NY	XX	Always	See Coding	See Appendix H
121	Postal Code	The postal code (zip code in the US) where the subject property is located.	Subject Property	Text	10022	X(5)	Always	Unk=Unknown
122	Property Type	Specifies the type of property being used to secure the loan.	Subject Property	Numeric – Integer	11	99	Always	See Coding	See Appendix D
123	Occupancy	Specifies the property occupancy status (e.g., owner-occupied, investment property, second home, etc.).	Subject Property	Numeric – Integer	4	9	Always	See Coding	See Appendix E
124	Sales Price	The negotiated price of a given property between the buyer and seller.	Subject Property	Numeric – Decimal	450000.23	9(10).99	Purchase Loans Only	> 0
125	Original Appraised Property Value	The appraised value of the property used to approve the loan.	Subject Property	Numeric – Decimal	550000.23	9(10).99	Always	> 0
126	Original Property Valuation Type	Specifies the method by which the property value (at the time of underwriting) was reported.	Subject Property	Numeric – Integer	8	99	Always	See Coding	See Appendix F
127	Original Property Valuation Date	Specifies the date on which the original property value (at the time of underwriting) was reported. (Issuers unable to provide may Rep and Warrant that the appraisal used for underwriting was not more than x days old at time of loan closing.)	Subject Property	Date	20090914	YYYYMMDD	Always	“19010101” if unknown
128	Original Automated Valuation Model (AVM) Model Name	The name of the AVM Vendor if an AVM was used to determine the original property valuation.	Subject Property	Numeric – Integer	1	99	Always	See Appendix I	See Appendix I
129	Original AVM Confidence Score	The confidence range presented on the AVM report.	Subject Property	Numeric – Decimal	0.74	9.999999	If AVM Model Name (Field 127) > 0	>= 0 to <= 1
130	Most Recent Property Value[1]	If a valuation was obtained subsequent to the valuation used to calculate LTV, the most recent property value.	Subject Property	Numeric – Decimal	500000	9(10).99	If updated value was obtained subsequent to loan approval	> 0
131	Most Recent Property Valuation Type	If an additional property valuation was obtained after the valuation used for underwriting purposes, the method by which the property value was reported.	Subject Property	Numeric – Integer	6	9	If updated value was obtained subsequent to loan approval	See Coding	See Appendix F
132	Most Recent Property Valuation Date	Specifies the date on which the updated property value was reported.	Subject Property	Date	20090914	YYYYMMDD	If updated value was obtained subsequent to loan approval	“19010101” if unknown
133	Most Recent AVM Model Name	The name of the AVM Vendor if an AVM was used to determine the updated property valuation.	Subject Property	Numeric – Integer	19	99	If updated value was obtained subsequent to loan approval	See Coding	See Appendix I
134	Most Recent AVM Confidence Score	If AVM used to determine the updated property valuation, the confidence range presented on the AVM report.	Subject Property	Numeric – Decimal	0.85	9.999999	If “Most Recent AVM Model Name” > 0	>= 0 to <= 1
135	Original CLTV	The ratio obtained by dividing the amount of all known outstanding mortgage liens on a property at origination by the lesser of the appraised value or the sales price.	Loan-to-Value (LTV)	Numeric – Decimal	0.96	9.999999	Always	>= 0 and <= 1.5
136	Original LTV	The ratio obtained by dividing the original mortgage loan amount on the note date by the lesser of the mortgaged property’s appraised value on the note date or its purchase price.	Loan-to-Value (LTV)	Numeric – Decimal	0.8	9.999999	Always	>= 0 and <= 1.25
137	Original Pledged Assets	The total value of assets pledged as collateral for the loan at the time of origination. Pledged assets may include cash or marketable securities.	Loan-to-Value (LTV)	Numeric – Decimal	75000	9(10).99	Always	>=0
138	Mortgage Insurance Company Name	The name of the entity providing mortgage insurance for a loan.	Mortgage Insurance	Numeric – Integer	3	99	Always	See Coding	See Appendix G
139	Mortgage Insurance Percent	Mortgage Insurance coverage percentage.	Mortgage Insurance	Numeric – Decimal	0.25	9.999999	“Mortgage Insurance Company Name” > 0	>= 0 to <= 1
140	MI: Lender or Borrower Paid?	An indicator of whether mortgage insurance is paid by the borrower or the lender.	Mortgage Insurance	Numeric – Integer	1	99	“Mortgage Insurance Company Name” > 0	See Coding	1 = Borrower-Paid 2 = Lender- Paid 99 = Unknown
141	Pool Insurance Co. Name	Name of pool insurance provider.	Mortgage Insurance	Numeric – Integer	8	99	Always	See Coding	See Appendix G
142	Pool Insurance Stop Loss %	The aggregate amount that a pool insurer will pay, calculated as a percentage of the pool balance.	Mortgage Insurance	Numeric – Decimal	0.25	9.999999	Pool MI Company > 0	>= 0 to <= 1
143	MI Certificate Number	The unique number assigned to each individual loan insured under an MI policy.	Mortgage Insurance	Text	123456789G	X(20)	MI Company	UNK = Unknown
144	Updated DTI (Front-end)	Updated front-end DTI ratio (total monthly housing expense divided by total monthly income) used to qualify the loan modification.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	0.35	9.999999	Modified Loans Only	>= 0 and >= 1
145	Updated DTI (Back-end)	Updated back-end DTI ratio (total monthly debt expense divided by total monthly income) used to qualify the loan modification.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	0.35	9.999999	Modified Loans Only	>= 0 and >= 1
146	Modification Effective Payment Date	Date of first payment due post modification.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Date	20090914	YYYYMMDD	Modified Loans Only	“19010101” if unknown
147	Total Capitalized Amount	Amount added to the principal balance of a loan due to the modification.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	12000	9(10).99	Modified Loans Only	>= 0
148	Total Deferred Amount	Any non-interest-bearing deferred amount (e.g., principal, interest and fees).	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	12000	9(10).99	Modified Loans Only	>= 0
149	Pre-Modification Interest (Note) Rate	Scheduled Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	0.075	9.999999	Modified Loans Only	>= 0 to <= 1
150	Pre-Modification P&I Payment	Scheduled Total Principal And Interest Payment Amount Preceding The Modification Effective Payment Date – or if servicer is no longer advancing P&I, the payment that would be in effect if the loan were current.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	2310.57	9(10).99	Modified Loans Only	> 0
151	Pre-Modification Initial Interest Rate Change Downward Cap	Maximum amount the rate can adjust downward on the first interest rate adjustment date (prior to modification) – Only provide if the rate floor is modified.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	0.015	9.999999	Modified Loans Only	>= 0 to <= 1
152	Pre-Modification Subsequent Interest Rate Cap	Maximum increment the rate can adjust upward AFTER the initial rate adjustment (prior to modification) – Only provide if the Cap is modified.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	0.015	9.999999	Modified Loans Only	>= 0 to <= 1
153	Pre-Modification Next Interest Rate Change Date	Next Interest Reset Date Under The Original Terms Of The Loan (one month prior to new payment due date).	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Date	20090914	YYYYMMDD	Modified Loans Only	“19010101” if unknown
154	Pre-Modification I/O Term	Interest Only Term (in months) preceding The Modification Effective Payment Date.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Integer	36	999	Modified Loans Only	>= 0 to <= 120
155	Forgiven Principal Amount	The sum total of all principal balance reductions (as a result of loan modification) over the life of the loan.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	12000	9(10).99	Modified Loans Only	>= 0
156	Forgiven Interest Amount	The sum total of all interest incurred and forgiven (as a result of loan modification) over the life of the loan.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Decimal	12000	9(10).99	Modified Loans Only	>= 0
157	Number of Modifications	The number of times the loan has been modified.	Loan Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric – Integer	1	9	Modified Loans Only	>= 0
MH-1	Real Estate Interest	Indicates whether the property on which the manufactured home is situated is owned outright or subject to the terms of a short- or long-term lease. (A long-term lease is defined as a lease whose term is greater than or equal to the loan term.)	Manufactured Housing	Numeric – Integer	2	99	Manufactured Housing Loans Only	See Coding	1 = Owned 2 = Short-term lease 3 = Long-term lease 99 = Unavailable
MH-2	Community Ownership Structure	If the manufactured home is situated in a community, a means of classifying ownership of the community.	Manufactured Housing	Numeric – Integer	2	99	Manufactured Housing Loans Only	See Coding	1 = Public Institutional 2 = Public Non-Institutional 3 = Private Institutional 4 = Private Non-Institutional 5 = HOA-Owned 6 = Non-Community 99 = Unavailable
MH-3	Year of Manufacture	The year in which the home was manufactured (Model Year -- YYYY Format). Required only in cases where a full appraisal is not provided.	Manufactured Housing	Numeric – Integer	2006	YYYY	Manufactured Housing Loans Only	1901 = Unavailable
MH-4	HUD Code Compliance Indicator (Y/N)	Indicates whether the home was constructed in accordance with the 1976 HUD code. In general, homes manufactured after 1976 comply with this code.	Manufactured Housing	Numeric – Integer	1	9	Manufactured Housing Loans Only	See Codes	0 = No 1 = Yes 99 = Unavailable
MH-5	Gross Manufacturer’s Invoice Price	The total amount that appears on the manufacturer’s invoice (typically includes intangible costs such as transportation, association, on-site setup, service and warranty costs, taxes, dealer incentives, and other fees).	Manufactured Housing	Numeric – Decimal	72570.62	9(10).99	Manufactured Housing Loans Only	>= 0
MH-6	LTI (Loan-to-Invoice) Gross	The ratio of the loan amount divided by the Gross Manufacturer’s Invoice Price (Field MH-5).	Manufactured Housing	Numeric – Decimal	0.75	9.999999	Manufactured Housing Loans Only	>= 0 to <= 1
MH-7	Net Manufacturer’s Invoice Price	The Gross Manufacturer’s Invoice Price (Field MH-5) minus intangible costs, including: transportation, association, on-site setup, service, and warranty costs, taxes, dealer incentives, and other fees.	Manufactured Housing	Numeric – Decimal	61570.62	9(10).99	Manufactured Housing Loans Only	>= 0
MH-8	LTI (Net)	The ratio of the loan amount divided by the Net Manufacturer’s Invoice Price (Field MH-7).	Manufactured Housing	Numeric – Decimal	0.62	9.999999	Manufactured Housing Loans Only	>= 0 to <= 1
MH-9	Manufacturer Name	The manufacturer of the subject property. (To be applied only in cases where no appraised value/other type of property valuation is available.)	Manufactured Housing	Text	“XYZ Corp”	Char (100)	Manufactured Housing Loans Only (where no appraised value is provided)	MH Manufacturer name in double quotation xxxxx
XX-10	Model Name	The model name of the subject property. (To be applied only in cases where no appraised value/other type of property valuation is available.)	Manufactured Housing	Text	“DX5-916-X”	Char (100)	Manufactured Housing Loans Only (where no appraised value is provided)	MH Model name in double quotation xxxxx
XX-11	Down Payment Source	An indicator of the source of the down payment used by the borrower to acquire the property and qualify for the mortgage.	Manufactured Housing	Numeric – Integer	2	99	Manufactured Housing Loans Only	See Codes	1 = Cash 2 = Proceeds from trade in 3 = Land in Lieu 4 = Other 99 = Unavailable
MH-12	Community/Related Party Lender (Y/N)	An indicator of whether the loan was made by the community owner, an affiliate of the community owner or the owner of the real estate upon which the collateral is located.	Manufactured Housing	Numeric – Integer	1	99	Manufactured Housing Loans Only	See Codes	0 = No 1 = Yes 99 = Unavailable
MH-13	Defined Underwriting Criteria (Y/N)	An indicator of whether the loan was made in accordance with a defined and/or standardized set of underwriting criteria.	Manufactured Housing	Numeric – Integer	1	99	Manufactured Housing Loans Only	See Codes	0 = No 1 = Yes 99 = Unavailable
MH-14	Chattel Indicator	An Indicator of whether the secured property is classified as chattel or Real Estate.	Manufactured Housing	Numeric – Integer	1	99	Manufactured Housing Loans Only	See Codes	0 = Real Estate 1 = Chattel 99 = Unavailable

ATTACHMENT 1B

MORTGAGE LOAN SCHEDULE

	1	2	3	4	5	6		8	9	10
Key	Primary Servicer	Servicing Fee %	Servicing Fee—Flatdollar	Servicing Advance Methodology	Originator	Loan Group	Issuance Loan Number	Amortization Type	Lien Position	HELOC Indicator
1	1000200	0.002500			1000200	1	0817000001	1	1	0
2	1000200	0.002500			1000200	1	0817000002	1	1	0
3	1000200	0.002500			1000200	1	0817000003	1	1	0
4	1000200	0.002500			1000200	1	0817000004	1	1	0
5	1000200	0.002500			1000200	1	0817000005	1	1	0
6	1000200	0.002500			1000200	1	0817000006	1	1	0
7	1000200	0.002500			1000200	1	0817000007	1	1	0
8	1000200	0.002500			1000200	1	0817000008	1	1	0
9	1000200	0.002500			1000200	1	0817000024	1	1	0
10	1000200	0.002500			1000200	1	0817000029	1	1	0
11	1000200	0.002500			1000200	1	0000000000	1	1	0
12	1000200	0.002500			1000200	1	0817000010	1	1	0
13	1000200	0.002500			1000200	1	0817000011	1	1	0
14	1000200	0.002500			1000200	1	0817000012	1	1	0
15	1000200	0.002500			1000200	1	0817000013	1	1	0
16	1000200	0.002500			1000200	1	0817000014	1	1	0
17	1000200	0.002500			1000200	1	0817000027	1	1	0
18	1000200	0.002500			1000200	1	0817000030	1	1	0
19	1000200	0.002500			1000200	1	0817000016	1	1	0
20	1000200	0.002500			1000200	1	0817000031	1	1	0
21	1000200	0.002500			1000200	1	0000000000	1	1	0
22	1000200	0.002500			1000200	1	0000000000	1	1	0
23	1000200	0.002500			1000200	1	0817000034	1	1	0
24	1000200	0.002500			1000200	1	0817000019	1	1	0
25	1000200	0.002500			1000200	1	0817000020	1	1	0
26	1000200	0.002500			1000200	1	0817000021	1	1	0
27	1000200	0.002500			1000200	1	0817000023	1	1	0
28	1000200	0.002500			1000200	1	0817000036	1	1	0

	11	12	13	14	15	16	17	18	19	20
Key	Loan Purpose	Cash Out Amount	Total Origination and Discount Points	Covered/High Cost Loan Indicator	Relocation Loan Indicator	Broker Indicator	Channel	Escrow Indicator	Senior Loan Amount(s)	Loan Type of Most Senior Lien
1	7						1	4	0
2	7						1	4	0
3	7						1	4	0
4	9						1	4	0
5	7						1	0	0
6	9						1	0	0
7	7						1	4	0
8	7						1	0	0
9	3						1	0	0
10	9						1	0	0
11	9						1	4	0
12	7						1	4	0
13	6						1	4	0
14	9						1	0	0
15	7						1	4	0
16	7						1	0	0
17	7						1	4	0
18	3						1	4	0
19	9						1	0	0
20	3						1	0	0
21	9						1	0	0
22	7						1	4	0
23	9						1	0	0
24	7						1	4	0
25	9						1	0	0
26	9						1	4	0
27	7						1	0	0
28	9						1	4	0

	21	22	23	24	25	26	27	28	29	30
Key	Hybrid Period of Most Senior Lien (in months)	Neg Am Limit of Most Senior Lien	Junior Mortgage Balance	Origination Date of Most Senior Lien	Origination Date	Original Loan Amount	Original Interest Rate	Original Amortization Term	Original Term to Maturity	First Payment Date of Loan
1			0.00		20101022	765254.00	0.051250	360	360	20101201
2			0.00		20100820	591200.00	0.047500	360	360	20101001
3			0.00		20100813	550000.00	0.048750	360	360	20101001
4			0.00		20100924	798500.00	0.052500	360	360	20101101
5			0.00		20100913	538000.00	0.051250	360	360	20101101
6			0.00		20100826	540881.00	0.051250	360	360	20101001
7			0.00		20100907	872000.00	0.051250	360	360	20101101
8			0.00		20100831	628000.00	0.048750	360	360	20101001
9			0.00		20101108	860000.00	0.053750	360	360	20110101
10			0.00		20101109	962800.00	0.051250	360	360	20110101
11			0.00		20100910	696784.00	0.051250	360	360	20101101
12			0.00		20100826	465000.00	0.050000	360	360	20101001
13			0.00		20100830	500000.00	0.050000	360	360	20101001
14			100000.00		20101008	926299.00	0.051250	360	360	20101201
15			0.00		20100910	566250.00	0.047500	360	360	20101101
16			0.00		20100831	908000.00	0.048750	360	360	20101001
17			0.00		20100910	498000.00	0.048750	360	360	20101101
18			0.00		20101112	847610.00	0.052500	360	360	20110101
19			0.00		20100925	962500.00	0.053750	360	360	20101101
20			0.00		20101116	725450.00	0.050000	360	360	20110101
21			0.00		20101102	528000.00	0.052500	360	360	20110101
22			0.00		20100903	520000.00	0.050000	360	360	20101101
23			0.00		20100924	1100000.00	0.048750	360	360	20101101
24			0.00		20100929	937500.00	0.052500	360	360	20101101
25			0.00		20101025	500000.00	0.050000	360	360	20101201
26			0.00		20101022	676000.00	0.052500	360	360	20101201
27			0.00		20101015	548000.00	0.053750	360	360	20101201
28			0.00		20101119	800000.00	0.051250	360	360	20110101

	31	32	33	34	35	36	37	38	39	40
Key	Interest Type Indicator	Original Interest Only Term	Buy Down Period	HELOC Draw Period	Scheduled Loan Amount	Current Interest Rate	Current Payment Amount Due	Scheduled Interest Paid Through Date	Current Payment Status	Index Type
1	1	0	0		762547.16	0.051250	4166.71	20110201	0
2	1	0	0		587451.38	0.047500	3083.98	20110201	0
3	1	0	0		546591.05	0.048750	2910.65	20110201	0
4	1	0	0		795740.23	0.052500	4409.35	20110201	0
5	1	0	0		536097.00	0.051250	2929.34	20110201	0
6	1	0	0		535888.59	0.051250	2945.03	20110201	0
7	1	0	0		867878.63	0.051250	4747.93	20110201	0
8	1	0	0		624101.28	0.048750	3323.43	20110201	0
9	1	0	0		858068.33	0.053750	4815.76	20110201	0
10	1	0	0		960017.99	0.051250	5242.33	20110201	0
11	1	0	0		694319.35	0.051250	3793.90	20110201	0
12	1	0	0		456337.64	0.050000	2496.23	20110201	0
13	1	0	0		496970.98	0.050000	2684.11	20110201	0
14	1	0	0		923022.51	0.051250	5043.58	20110201	0
15	1	0	0		563383.34	0.047500	2953.83	20110201	0
16	1	0	0		902352.81	0.048750	4805.22	20110201	0
17	1	0	0		495460.40	0.048750	2635.46	20110201	0
18	1	0	0		845661.25	0.052500	4680.54	20110201	0
19	1	0	0		959249.89	0.053750	5389.73	20110201	0
20	1	0	0		723703.03	0.050000	3894.38	20110201	0
21	1	0	0		526786.07	0.052500	2915.64	20110201	0
22	1	0	0		517485.08	0.050000	2791.48	20110201	0
23	1	0	0		1094556.75	0.048750	5821.30	20110201	0
24	1	0	0		934259.82	0.052500	5176.91	20110201	0
25	1	0	0		497766.36	0.050000	2684.11	20110201	0
26	1	0	0		673663.61	0.052500	3732.90	20110201	0
27	1	0	0		546149.53	0.053750	3068.65	20110201	0
28	1	0	0		797918.04	0.051250	4355.90	20110201	0

	41	42	43	44	45	46	47	48	49	50
Key	ARM Look-back Days	Gross Margin	ARM Round Flag	ARM Round Factor	Initial Fixed Rate Period	Initial Interest Rate Cap (Change Up)	Initial Interest Rate Cap (Change Down)	Subsequent Interest Rate Reset Period	Subsequent Interest Rate Cap (Change Down)	Subsequent Interest Rate Cap (Change Up)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

	51	52	53	54	55	56	57	58	59	60
Key	Lifetime Maximum Rate (Ceiling)	Lifetime Minimum Rate (Floor)	Negative Amortization Limit	Initial Negative Amortization Recast Period	Subsequent Negative Amortization Recast Period	Initial Fixed Payment Period	Subsequent Payment Reset Period	Initial Periodic Payment Cap	Subsequent Periodic Payment Cap	Initial Minimum Payment Reset Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

	00	00	00	00	00	00	00	00	69	70
Key	Subsequent Minimum Payment Reset Period	Option ARM Indicator	Options at Recast	Initial Minimum Payment	Current Minimum Payment	Prepayment Penalty Calculation	Prepayment Penalty Type	Prepayment Penalty Total Term	Prepayment Penalty Hard Term	Primary Borrower ID
1		0				0		0	0
2		0				0		0	0
3		0				0		0	0
4		0				0		0	0
5		0				0		0	0
6		0				0		0	0
7		0				0		0	0
8		0				0		0	0
9		0				0		0	0
10		0				0		0	0
11		0				0		0	0
12		0				0		0	0
13		0				0		0	0
14		0				0		0	0
15		0				0		0	0
16		0				0		0	0
17		0				0		0	0
18		0				0		0	0
19		0				0		0	0
20		0				0		0	0
21		0				0		0	0
22		0				0		0	0
23		0				0		0	0
24		0				0		0	0
25		0				0		0	0
26		0				0		0	0
27		0				0		0	0
28		0				0		0	0

	71	72	73	74	75	76	77	78	79	80
Key	Number of Mortgaged Properties	Total Number of Borrowers	Self-employment Flag	Current ‘Other’ Monthly Payment	Length of Employment: Borrower	Length of Employment: Co- Borrower	Years in Home	FICO Model Used	Most Recent FICO Date	Primary Wage Earner Original FICO: Equifax
1	2		0	5726.00	4.4	0		1
2	1		0	661.00	0.2	0.4		1	20110121
3	3		0	505.00	25.6	0		1	20110121
4	1		1	495.00	22.3	0	3	1
5	2		1	2477.54	9.8	9.8		1
6	1		1	885.00	32	0	22	1	20110121
7	1		0	576.00	19.2			1
8	1		0	485.00	0	3.3		1	20110121
9	1		0	1603.00	3.8	20.8	17.5	1
10	1		0	69.00	99	99	5.17	1
11	1		0	174.00	2.3	0	1.92	1
12	1		0	819.00	13.1	0		1	20110121
13	1		0	1052.90	0.5	1	0	1	20110121
14	1		1	3606.00	31		10	1
15	2		0	1147.47	27.7	0		1
16	1		0	370.00	22	0.1		1	20110121
17	1		0	2422.58	5.8	0		1
18	1		0	1524.00	3.6		14.08	1
19	1		0	586.00	16.67		0.67	1
20	1		0	1926.00	1.4	0	12.33	1
21	1		0	45.00	99	99	11	1
22	1		0	932.00	15	0		1
23	1		0	164.00	8.7	5.7	10.58	1
24	2		1	16661.16	10	10		1
25	1		0	978.00	22	0	8.5	1
26	1		1	1332.00	20		9.33	1
27	2		0	5980.92	99	0		1
28	1		0	95.00	4.1		3.58	1

	81	82	83	84	85		86	87	88	89	90
Key	Primary Wage Earner Original FICO: Experian	Primary Wage Earner Original FICO: TransUnion	Secondary Wage Earner Original FICO: Equifax	Secondary Wage Earner Original FICO: Experian	Secondary Wage Earner Original FICO: TransUnion	Original Primary Borrower FICO	Most Recent Primary Borrower FICO	Most Recent Co- Borrower FICO	Most Recent FICO Method	VantageScore: Primary Borrower	VantageScore: Co- Borrower
1						717
2						758	764
3						781	754
4						732
5						790
6						777	788
7						727
8						782	774
9						770
10				&#1

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