Exhibit 10.1 [THE BOND MARKET ASSOCIATION LOGO] MASTER REPURCHASE AGREEMENT September 1996 Version DATED AS OF JANUARY 26, 2005 --------------------------- ----------------------------------------------------- BETWEEN: AMERICAN BUSINESS CREDIT, INC....Master Repurchase Agreement • February 10th, 2005 • American Business Financial Services Inc /De/ • Mortgage bankers & loan correspondents • New York
Exhibit 10.2 Clearwing Capital, LLC c/o Chrysalis Management Group, LLC The Belgravia Building 1811 Chestnut Street, 3rd Floor Philadelphia, Pennsylvania 19103 Telecopier No. (215) 567-6129 January 26, 2005 Mr. John Anderson Greenwich Capital...Trust Agreement • February 10th, 2005 • American Business Financial Services Inc /De/ • Mortgage bankers & loan correspondents
Reference is made to (a) that certain Trust Agreement, dated as of October 14, 2003 (the "TRUST AGREEMENT"), by and among Wilmington Trust Company, as trustee for ABFS Warehouse Trust 2003-1, a Delaware statutory trust ("TRUST 2003-1"), and the Depositors party thereto, and (b) that certain Pledge and Security Agreement, dated as of October 14, 2003 (the "PLEDGE AGREEMENT"), between Trust 2003-1 and Clearwing Capital, LLC ("CLEARWING"), pursuant to which Trust 2003-1 pledged to Clearwing certain interest only strips, including the interest only strip, represented by that certain Class X Certificate, No. X-1, issued by ABFS Mortgage Loan Trust 2002-4. Any capitalized term used herein and not defined herein shall have the meaning ascribed to such term in the Pledge Agreement.
