December 19, 2006 New Century Mortgage Corporation as Reference Agent 18400 Von Karman, Suite 1000 Irvine, CA 92616 Ladies and Gentlemen:Reference Agent Agreement • December 26th, 2006 • New Century Financial Corp • Real estate investment trusts • New York
Reference is made to the Security Agreement, dated as of December 19, 2006, (as amended, supplemented or otherwise modified, the “Security Agreement”), between St. Andrew Funding Trust, as Issuer, and Deutsche Bank Trust Company Americas, as Collateral Agent. Unless otherwise defined herein, each capitalized term used herein shall have the meaning ascribed to such term in Schedule I to the Security Agreement. This letter agreement will confirm your appointment by the Issuer as “Reference Agent,” and your acceptance of such appointment, on the terms and conditions hereof.
