0001193125-05-097954 Sample Contracts

AMENDMENT NO. 11 TO COMMITMENT LETTER
Commitment Letter • May 6th, 2005 • ECC Capital CORP • Real estate investment trusts

This AMENDMENT NO. 11 TO COMMITMENT LETTER (the “Amendment”) is made and entered into as of April 29, 2005 by and between Countrywide Warehouse Lending (“Lender”), Encore Credit Corp., Bravo Credit Corporation and ECC Capital Corporation (collectively “Borrower”). This Amendment amends that certain Commitment Letter by and between Lender and Borrower dated as of November 14, 2003 (the “Commitment Letter”), which supplements that certain Revolving Credit and Security Agreement by and between Lender and Borrower dated as of May 13, 2002 (as may be amended from time to time, the “Credit Agreement”).

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