0000882377-07-001338 Sample Contracts

SERVICER APPOINTMENT, ASSUMPTION AND AMENDMENT AGREEMENT
Appointment, Assumption And • May 4th, 2007 • Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-1 • Asset-backed securities • New York

THIS SERVICER APPOINTMENT, ASSUMPTION AND AMENDMENT AGREEMENT (this “Agreement”), dated as of May 1, 2007, is by and among Nomura Home Equity Loan, Inc., as depositor (the “Depositor”), Nomura Credit & Capital, Inc., as seller (in such capacity, the “Sponsor”), Wells Fargo Bank, National Association, as a servicer (“Wells Fargo”), GMAC Mortgage, LLC as a servicer (“GMACM”), Wells Fargo Bank, National Association, as master servicer (the “Master Servicer”) and securities administrator (the “Securities Administrator”), and HSBC Bank USA, National Association, as trustee (the “Trustee”).

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