LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of February 1, 2007 BNC Mortgage Loan Trust 2007-1 Mortgage Pass-Through Certificates, Series 2007-1Mortgage Loan Sale and Assignment Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of February 1, 2007 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (“LBH” or the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).
STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES LLC, as Master Servicer, WELLS FARGO BANK, N.A., as Securities Administrator, CLAYTON FIXED INCOME SERVICES INC., as Credit Risk Manager, and U.S. BANK NATIONAL ASSOCIATION,...Trust Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
This TRUST AGREEMENT, dated as of February 1, 2007 (the “Agreement”), is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), WELLS FARGO BANK, N.A., as securities administrator (the “Securities Administrator”), and CLAYTON FIXED INCOME SERVICES INC., as credit risk manager (the “Credit Risk Manager”).
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master ServicerSecuritization Servicing Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
This SECURITIZATION SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of February, 2007, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a national banking association (the “Servicer”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”) and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) under the Trust Agreement (as defined herein), recites and provides as follows:
WELLS FARGO BANK, N.A., as Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master ServicerSecuritization Subservicing Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
This SECURITIZATION SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of February, 2007, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), WELLS FARGO BANK, N.A. (the “Servicer”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) under the Trust Agreement (as defined herein), recites and provides as follows:
ISDAâ International Swaps and Derivatives Association, Inc. MASTER AGREEMENT dated as of February 28, 2007Master Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.
OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES LLC, as Master Servicer and LEHMAN BROTHERS HOLDINGS INC., as SellerSubservicing Agreement • March 15th, 2007 • BNC Mortgage Loan Trust 2007-1 • Asset-backed securities • New York
This SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of February, 2007, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), OPTION ONE MORTGAGE CORPORATION, a California corporation (“the Servicer”), having its principal executive offices at 3 Ada, Irvine, California 92618, AURORA LOAN SERVICES LLC, as Master Servicer (the “Master Servicer”) and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) under the Trust Agreement (as defined herein, with a copy attached hereto as Exhibit E), recites and provides as follows:
