Joint Direction and Release Sample Contracts

JOINT DIRECTION AND RELEASE
Joint Direction and Release • April 23rd, 2009 • Walter Investment Management Corp • Real estate investment trusts • New York

THIS JOINT DIRECTION AND RELEASE, dated as of April 17, 2009 (this “Joint Direction and Release”), is entered into by and among Hanover Capital Mortgage Holdings, Inc. (the “Company”), Hanover Statutory Trust I (the “Trust”) and The Bank of New York Mellon Trust Company, National Association (as successor to JPMorgan Chase Bank, National Association), as trustee (the “Trustee”).

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JOINT DIRECTION AND RELEASE
Joint Direction and Release • April 23rd, 2009 • Walter Investment Management Corp • Real estate investment trusts • New York

THIS JOINT DIRECTION AND RELEASE, dated as of April 17, 2009 (this “Joint Direction and Release”), is entered into by and among Hanover Capital Mortgage Holdings, Inc. (the “Company”), Hanover Statutory Trust II (the “Trust”) and Wilmington Trust Company, as trustee (the “Trustee”).

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