ASSET BACKED FUNDING CORPORATION, Depositor OPTION ONE MORTGAGE CORPORATION, Servicer and WELLS FARGO BANK, N.A., Trustee POOLING AND SERVICING AGREEMENT Dated as of September 1, 2006 ABFC 2006-OPT2 Trust Asset Backed Funding Corporation Asset Backed...Pooling and Servicing Agreement • October 27th, 2006 • ABFC 2006-Opt2 Trust • Asset-backed securities • New York
ASSET BACKED FUNDING CORPORATION, as depositor (the “Depositor”), OPTION ONE MORTGAGE CORPORATION, as servicer (the “Servicer”), and WELLS FARGO BANK, N.A., as trustee (the “Trustee”) are entering into this Pooling and Servicing Agreement, dated as of September 1, 2006 (the “Agreement”).
ASSET BACKED FUNDING CORPORATION (Approximate) Asset-Backed Certificates, Series 2006-OPT2 October 10, 2006 UNDERWRITING AGREEMENTAsset Backed Funding • October 27th, 2006 • ABFC 2006-Opt2 Trust • Asset-backed securities • New York
BANK OF AMERICA, NATIONAL ASSOCIATION Purchaser OPTION ONE MORTGAGE CORPORATION Company and Seller and OPTION ONE OWNER TRUST 2001-1A OPTION ONE OWNER TRUST 2001-1B OPTION ONE OWNER TRUST 2001-2 OPTION ONE OWNER TRUST 2002-3 OPTION ONE OWNER TRUST...Sale and Servicing Agreement • October 27th, 2006 • ABFC 2006-Opt2 Trust • Asset-backed securities • New York
This is a Flow Sale and Servicing Agreement for first and second lien adjustable and fixed rate residential mortgage loans, dated and effective as of July 28, 2006, and is executed among Bank of America, National Association, as purchaser (the “Purchaser”), Option One Mortgage Corporation, as seller and servicer (the “Company” and a “Seller”), Option One Owner Trust 2001-1A, Option One Owner Trust 2001-1B, Option One Owner Trust 2001-2, Option One Owner Trust 2002-3, Option One Owner Trust 2003-4, Option One Owner Trust 2003-5, Option One Owner Trust 2005-6, Option One Owner Trust 2005-7, Option One Owner Trust 2005-8 and Option One Owner Trust 2005-9, as sellers (each a “Seller” and together with the Company, the “Sellers”).
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • October 27th, 2006 • ABFC 2006-Opt2 Trust • Asset-backed securities
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “AAR”), dated October 12, 2006, is among Bank of America, National Association, a national banking association having an office at 100 North Tryon Street, Charlotte, North Carolina 28255 (the “Assignor”), Asset Backed Funding Corporation, a Delaware corporation having an office at 214 North Tryon Street, Charlotte, North Carolina 28255 (the “Assignee”), and Option One Mortgage Corporation, a California corporation having an office at 3 Ada, Irvine, California 92618-2304 (the “Company”).
