November 26, 2003 Citigroup Global Markets Inc. 390 Greenwich Street, 4 Floor New York, New York 10013 Opinion: Underwriting Agreement Citigroup Mortgage Loan Trust Inc., Citigroup Mortgage Loan Trust, Series 2003-UST1 Mortgage Pass- through...Underwriting Agreement • November 26th, 2003 • Citigroup Mortgage Loan Trust Inc • Asset-backed securities
We have acted as counsel to Citigroup Mortgage Loan Trust Inc. (the "Depositor") and Citigroup Global Markets Inc. (the "Underwriter") in connection with (i) the Mortgage Loan Purchase Agreement, dated November 25, 2003 (the "Mortgage Loan Purchase Agreement"), among UST Mortgage Company as seller ("UST"), the Depositor and Co-Op Holdings, Inc. ("Co-Op Holdings"; and together with UST, the "Sellers"), (ii) the Pooling and Servicing Agreement, dated as of November 1, 2003 (the "Pooling and Servicing Agreement"), among the Depositor, UST Mortgage Company as master servicer (in such capacity, the "Master Servicer"), U.S. Bank National Association as trustee (the "Trustee") and Citibank, N.A. as trust administrator (the "Trust Administrator), and the certificates issued pursuant thereto designated as Citigroup Mortgage Loan Trust, Series 2003-UST1, Mortgage Pass-Through Certificates (collectively, the "Certificates"), (iii) the Underwriting Agreement, dated November 25, 2003 (the "Underwri
