0000950117-06-000055 Sample Contracts

SUBSEQUENT TRANSFER AGREEMENT
Subsequent Transfer Agreement • January 5th, 2006 • Fieldstone Mortgage Investment CORP • Loan brokers • New York

SUBSEQUENT TRANSFER AGREEMENT (the “Agreement”), dated as of December 21, 2005, by and among Fieldstone Investment Corporation (the “Seller”), Fieldstone Mortgage Investment Corporation (the “Depositor)”, Fieldstone Mortgage Investment Trust, Series 2005-3 (the “Trust”), HSBC Bank USA, National Association (the “Indenture Trustee”) and Wells Fargo Bank, N.A. (the “Trust Administrator”) pursuant to the Transfer and Servicing Agreement referred to below.

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