ContractAssignment, Assumption and Recognition Agreement • November 19th, 2007 • Bear Stearns Asset Backed Securities I Trust 2007-Ac1 • Asset-backed securities • New York
This AMENDMENT No. 1 (the “Amendment”) is made this 16th day of November, 2007, by and among EMC Mortgage Corporation (the “Assignor”), U.S. Bank National Association, not individually but solely as trustee for the holders of the Bear Stearns Asset Backed Securities I Trust 2007-AC1, Asset-Backed Certificates, Series 2007-AC1 (the “Assignee”) and GreenPoint Mortgage Funding, Inc. (“GreenPoint”) to the Assignment, Assumption and Recognition Agreement dated as of January 30, 2007 (th (the “AAR Agreement”), by and among the Assignor, the Assignee and GreenPoint.
