SEQUOIA RESIDENTIAL FUNDING, INC. Depositor WELLS FARGO BANK, N.A. Master Servicer and Securities Administrator and U.S. BANK NATIONAL ASSOCIATION TrusteePooling and Servicing Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
Reference is hereby made to the Pooling and Servicing Agreement, dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), by and among Sequoia Residential Funding, Inc., as Depositor, Wells Fargo Bank, N.A., as Master Servicer and Securities Administrator and U.S. Bank National Association, as Trustee. Capitalized terms used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.
FLOW MORTGAGE LOAN PURCHASE AND SALE AGREEMENT between STERLING SAVINGS BANK as Seller, and REDWOOD RESIDENTIAL ACQUISITION CORPORATION, as Purchaser MARCH 1, 2011 Residential Mortgage Loans (Servicing Released, Temporary Interim Servicing Period Only)Mortgage Loan Purchase and Sale Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
Subsection 11.08 Payment of Taxes, Insurance and Other Charges; Collections Thereunder 42 Subsection 11.09 Transfer of Accounts 43 Subsection 11.10 Maintenance of Hazard Insurance 43 Subsection 11.11 Maintenance of Primary Mortgage Insurance Policy; Claims 44 Subsection 11.12 Fidelity Bond; Errors and Omissions Insurance 44 Subsection 11.13 Title, Management and Disposition of REO Property 44 Subsection 11.14 Servicing Compensation 45 Subsection 11.15 Distributions 45 Subsection 11.16 Statements to the Purchaser 46 Subsection 11.17 [Reserved] 47 Subsection 11.18 Assumption Agreements 47 Subsection 11.19 Satisfaction of Mortgages and Release of Mortgage Files 47 Subsection 11.20 Seller Shall Provide Access and Information as Reasonably Required 48 Subsection 11.21 Inspections 48 Subsection 11.22 Restoration of Mortgaged Property 48 Subsection 11.23 Fair Credit Reporting Act 49 Subsection 11.24 Transfer of Servicing to Purchaser 49 Subsection 11.25 Payments Received 49 SECTION 12. The Se
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and PrimeLending, a PlainsCapital Company, a Texas corporation (“PrimeLending”).
FLOW MORTGAGE LOAN SALE AND SERVICING AGREEMENT between FIRST REPUBLIC BANK as Seller and as Servicer, and REDWOOD RESIDENTIAL ACQUISITION CORPORATION, as Purchaser July 1, 2010 Residential Mortgage LoansMortgage Loan Sale and Servicing Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
THIS FLOW MORTGAGE LOAN SALE AND SERVICING AGREEMENT (the “Agreement”), dated July 1, 2010, is hereby executed by and between REDWOOD RESIDENTIAL ACQUISITION CORPORATION, a Delaware corporation, as purchaser (the “Purchaser”), and FIRST REPUBLIC BANK, a California corporation, as seller (the “Seller”) and as servicer (the “Servicer”).
MORTGAGE LOAN FLOW PURCHASE, SALE & SERVICING AGREEMENTMortgage Loan Flow Purchase, Sale & Servicing Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This Mortgage Loan Flow Purchase, Sale & Servicing Agreement, dated as of July 21, 2010, is entered into between REDWOOD RESIDENTIAL ACQUISITION CORPORATION, as the Purchaser (“Purchaser”), PHH MORTGAGE CORPORATION, as Seller (the “Seller”) and as Servicer (the “Servicer”).
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and Flagstar Capital Markets Corporation, a Delaware corporation (“Flagstar”).
SEQUOIA MORTGAGE TRUST 2012-1 Mortgage Pass-Through Certificates, Series 2012-1 UNDERWRITING AGREEMENTUnderwriting Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
The Issuing Entity will be formed, and the Certificates will be issued, pursuant to a pooling and servicing agreement (the “Pooling and Servicing Agreement”) dated as of January 1, 2012, between the Depositor, Wells Fargo Bank, N.A., in the capacities of master servicer (in such capacity, the “Master Servicer”) and securities administrator (in such capacity, the “Securities Administrator”), U.S. Bank National Association, as trustee (in such capacity, the “Trustee”), and acknowledged as to specified sections by Redwood Residential Acquisition Corporation, a Delaware corporation and wholly-owned subsidiary of Redwood Trust, as seller (the “Seller”). On or about January 27, 2012 (the “Closing Date”), the Seller will assign all of its right, title and interest in the Mortgage Loans to the Depositor pursuant to a mortgage loan purchase and sale agreement, dated as of January 1, 2012 (the “Mortgage Loan Purchase Agreement”), between the Seller, as seller, and the Depositor, as purchaser. Pu
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
key Primary Servicer Servicing Fee % Servicing Fee—Flatdollar Servicing Advance Methodology Originator Loan Group Loan Number Servicer Number Amortization Type Lien Position HELOC Indicator Loan Purpose 1 1000938 0.002500 1000312 2 1300000980 1077215 1 1 0 7 2 1000938 0.002500 1000536 2 1050001057 2135601557 1 1 0 7 3 1000938 0.002500 1000536 2 1050001035 3624700942 1 1 0 9 4 1000938 0.002500 1000536 1 1050000663 2027601803 2 1 0 7 5 1000938 0.002500 1000536 2 1050001065 2168600339 1 1 0 7 6 1000938 0.002500 1000536 1 1050001087 2028607129 1 1 0 9 7 1000938 0.002500 1000536 1 1050001007 3006613221 2 1 0 9 8 1000938 0.002500 1000536 2 1050000977 2036605744 1 1 0 9 9 1000938 0.002500 1000536 1 1050001098 3602601402 2 1 0 9 10 1000938 0.002500 1000536 2 1050001086 2027602127 1 1 0 7 11 1000938 0.002500 1000536 2 1050000900 2135601691 1 1 0 7 12 1000938 0.002500 1000536 2 1050000905 2198600346 1 1 0 7 13 1000938 0.002500 1000536 2 1050001101 2161601739 1 1 0 7 14 1000938 0.002500 1000536 2
AMENDMENT NO. 1 TOFlow Mortgage Loan Servicing Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
THIS FLOW MORTGAGE LOAN SERVICING AGREEMENT (the “Agreement”), dated August 1, 2011 is hereby executed by and between REDWOOD RESIDENTIAL ACQUISITION CORPORATION, a Delaware corporation, as owner of the mortgage loans described herein, including the related servicing rights (the “Owner”), and CENLAR FSB, a federal savings bank, as servicer of such mortgage loans (the “Servicer”).
CUSTODIAL AGREEMENT Dated as of January 1, 2012 U.S. BANK NATIONAL ASSOCIATION, as Trustee, WELLS FARGO BANK, N.A., as Custodian, WELLS FARGO BANK, N.A., as Master Servicer, SEQUOIA RESIDENTIAL FUNDING, INC., as Depositor, and REDWOOD RESIDENTIAL...Custodial Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
THIS CUSTODIAL AGREEMENT dated as of January 1, 2012 (this “Custodial Agreement”), is made by and among Wells Fargo Bank, N.A., as custodian and master servicer, Redwood Residential Acquisition Corporation, as seller, Sequoia Residential Funding, Inc., as depositor, and U.S. Bank National Association, not in its individual capacity but solely as trustee (as “Trustee”) for the benefit of the holders of the Sequoia Mortgage Trust Mortgage Pass-Through Certificates, Series 2012-1 (the “Mortgage Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), by and among Wells Fargo Bank, N.A., U.S. Bank National Association, and Sequoia Residential Funding, Inc.
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment, Assumption and Recognition Agreement (the “Agreement”) made as of the 27h day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling Agreement”), and First Republic Bank, a California-chartered bank (the “Bank”).
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and Cole Taylor Bank, an Illinois corporation (“Cole Taylor”).
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and Sterling Savings Bank, a Washington corporation (“Sterling”).
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and Wintrust Mortgage, a division of Barrington Bank and Trust, an Illinois corporation (“Wintrust”).
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment, Assumption and Recognition Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” and as referred to herein, the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and PHH Mortgage Corporation, a New Jersey corporation (“PHH”).
FLOW MORTGAGE LOAN SERVICING RIGHTS SALE AND SERVICING AGREEMENT among SELECT PORTFOLIO SERVICING, INC., as Servicer, DLJ MORTGAGE CAPITAL, INC., as Servicing Rights Purchaser, and REDWOOD RESIDENTIAL ACQUISITION CORPORATION, as Owner May 5, 2011...Flow Mortgage Loan Servicing Rights Sale and Servicing Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
THIS FLOW MORTGAGE LOAN SERVICING RIGHTS SALE AND SERVICING AGREEMENT (the “Agreement”), dated May 5, 2011, is hereby executed by and among REDWOOD RESIDENTIAL ACQUISITION CORPORATION, a Delaware corporation, as owner of the mortgage loans described herein and seller of the related servicing rights (the “Owner”), SELECT PORTFOLIO SERVICING, INC., a Utah corporation, as servicer of such mortgage loans (the “Servicer”), and DLJ MORTGAGE CAPITAL, INC., a Delaware corporation, as purchaser of the related servicing rights (the “Servicing Rights Purchaser”).
SEQUOIA MORTGAGE TRUST 2012-1 MORTGAGE PASS-THROUGH CERTIFICATES MORTGAGE LOAN PURCHASE AND SALE AGREEMENT Between REDWOOD RESIDENTIAL ACQUISITION CORPORATION, and SEQUOIA RESIDENTIAL FUNDING, INC. dated as of January 27, 2012Mortgage Loan Purchase and Sale Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This Mortgage Loan Purchase and Sale Agreement (the “Agreement”) is made as of January 27, 2012, by and between Redwood Residential Acquisition Corporation, a Delaware corporation (“RRAC”), and Sequoia Residential Funding, Inc., a Delaware corporation (“Sequoia”).
ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES AGREEMENTAssignment of Representations and Warranties Agreement • January 26th, 2012 • Sequoia Mortgage Trust 2012-1 • Asset-backed securities • New York
This is an Assignment of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of January, 2012, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of January 1, 2012 (the “Pooling and Servicing Agreement”), and GuardHill Financial Corporation, a national banking association (“GuardHill”).
