FINANCIAL ASSET SECURITIES CORP. Soundview Home Loan Trust 2006-OPT5 Asset- Backed Certificates, Series 2006-OPT5 UNDERWRITING AGREEMENTSoundview Home Loan Trust 2006-Opt5 • July 12th, 2006 • Asset-backed securities • New York
Financial Asset Securities Corp., a Delaware corporation (the “Company”), proposes to sell, and Greenwich Capital Markets, Inc. (“GCM”) and Wachovia Capital Markets, LLC (together the “Underwriters”) propose to purchase, the aggregate principal amount (or notional amount, as applicable) of the Soundview Home Loan Trust 2006-OPT5 Asset-Backed Certificates, Class I-A-1, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates (the “Offered Certificates”) set forth opposite its name on Schedule I hereto. Only the Offered Certificates are being purchased by the Underwriters hereunder. The Offered Certificates, together with the Class M-10, Class M-11, Class M-12, Class C, Class P, Class R and Class R-X Certificates (collectively, the “Certificates)”, will be issued by the Company pursuant to a Pooling Agreement (the “Pooling Agreement”), dated as of June 1, 2006, among the Compa
