FIRST ALLIANCE MORTGAGE THE CHASE MANHATTAN BANK COMPANY, as the Company as Trustee for First Alliance Mortgage Loan Trust 1996-4Item 1 • January 7th, 1997 • First Alliance Mortgage Loan Trust 1996-4 • Asset-backed securities
First Alliance Mortgage Company, the "Company", and in its capacity as servicer of the Trust, the "Servicer", and First Alliance Mortgage Loan Trust 1996-4, as the "Purchaser", pursuant to the Pooling and Servicing Agreement dated as of December 1, 1996, (the "Pooling and Servicing Agreement") among the Company, the Servicer, and The Chase Manhattan Bank, a New York banking corporation, in its capacity as Trustee (the "Trustee"), hereby confirm their understanding with respect to the sale by the Company and the purchase by the Purchaser of those Mortgage Loans (the "Subsequent Mortgage Loans") listed on the attached Schedules of Mortgage Loans.
