Exhibit 10.7 August 13, 2002 Newcastle Investment Corporation ("Newcastle") 1251 Avenue of the Americas, 16th Floor New York, New York 10020 Attention: Ken Riis Telephone No. 212-798-6104 Facsimile No. 212-798-6060 Re: Repurchase of Mortgage Loans...Master Repurchase Agreement • August 15th, 2002 • Newcastle Investment Corp • Real estate investment trusts
383 Madison Avenue NEW YORK, NY 10179 Tel 212-272-2000 www.bearstearns.com July 10, 2002 Newcastle Investment Corp. 1301 Avenue of the Americas New York, NY 10019 Gentlemen: This commitment letter (this "Agreement") confirms the exclusive engagement...Commitment Letter • August 15th, 2002 • Newcastle Investment Corp • Real estate investment trusts • New York
