EXHIBIT 10.1


 


ASSIGNMENT, ASSUMPTION AND RECOGNITION
AGREEMENT


 


This is an Assignment,
Assumption and Recognition Agreement (the “Agreement”) made as of the 21st day of March, 2013, among Redwood
Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware
corporation (“Depositor”), Christiana Trust, a division of Wilmington Savings Fund Society, FSB, a federal savings
bank, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”)
under a Pooling and Servicing Agreement dated as of March 1, 2013 (the “Pooling and Servicing Agreement”), and First
Republic Bank, a California-chartered bank (the “Bank”).


 


In consideration of
the mutual promises contained herein, the parties hereto agree that the mortgage loans (the Mortgage Loans”) listed on Attachment
1 annexed hereto (the “Mortgage Loan Schedule”) now serviced by the Bank (together with its successors and assigns,
the “Servicer”) for Assignor and its successors and assigns pursuant to the Flow Mortgage Loan Sale and Servicing Agreement
dated as of July 1, 2010, between Assignor and the Bank (the “Sale and Servicing Agreement”) and the servicing thereof
shall be subject to the terms of the Sale and Servicing Agreement as modified or supplemented by this Agreement. Unless otherwise
specified herein, capitalized terms used herein but not defined shall have the meanings ascribed to them in the Sale and Servicing
Agreement. Assignor will sell the Mortgage Loans to Depositor pursuant to a Mortgage Loan Purchase and Sale Agreement dated the
date hereof, and Depositor will sell the Mortgage Loans to Assignee pursuant to the Pooling and Servicing Agreement.


 


Assignment and Assumption


 


1.          Assignor
hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the Sale and Servicing
Agreement to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” to the extent
relating to the Mortgage Loans, and Depositor hereby accepts such assignment from Assignor and assumes such obligations.


 


2.          Depositor
hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the Sale and Servicing Agreement
to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” to the extent relating to
the Mortgage Loans, Depositor is released from all obligations under the Sale and Servicing Agreement, and Assignee hereby accepts
such assignment from Depositor and assumes such obligations.


 


3.          Assignee
agrees to be bound, as “Purchaser,” by all of the terms, covenants and conditions of the Sale and Servicing Agreement
relating to the Mortgage Loans, and from and after the date hereof, Assignee assumes for the benefit of each of Assignor, Depositor
and the Bank all of Assignor's obligations as Purchaser thereunder in respect of the Mortgage Loans, and Assignor is released from
such obligations.


 




    	 



    	 



    

 


4.          The
Bank hereby acknowledges the foregoing assignments and assumptions and agrees that Assignee shall be the “Purchaser”
under the Sale and Servicing Agreement with respect to the Mortgage Loans.


 


Representations and Warranties


 


5.          Assignor
warrants and represents to, and covenants with, Depositor, Assignee and the Bank as of the date hereof that:


 


(a)          Attached
hereto as Attachment 2 is a true and accurate copy of the Sale and Servicing Agreement, which agreement is in full force and effect
as of the date hereof and the provisions of which have not been waived, amended or modified in any respect, nor has any notice
of termination been given thereunder;


 


(b)          Assignor
is the lawful owner of its interests, rights and obligations under the Sale and Servicing Agreement to the extent of the Mortgage
Loans, free and clear from any and all claims and encumbrances whatsoever, and upon the transfer of such interests, rights and
obligations to Assignee as contemplated herein, Assignee shall have good title to all of Assignee's interests, rights and obligations
under the Sale and Servicing Agreement to the extent of the Mortgage Loans, free and clear of all liens, claims and encumbrances;


 


(c)          There
are no offsets, counterclaims or other defenses available to the Bank with respect to the Sale and Servicing Agreement;


 


(d)          Assignor
is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite
power and authority to enter into and perform its obligations under the Sale and Servicing Agreement;


 


(e)          Assignor
has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate
the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course
of Assignor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of
Assignor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Assignor is now
a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which Assignor
or its property is subject. The execution, delivery and performance by Assignor of this Agreement and the consummation by it of
the transactions contemplated hereby, have been duly authorized by all necessary corporate action on the part of Assignor. This
Agreement has been duly executed and delivered by Assignor and, upon the due authorization, execution and delivery by the other
parties hereto, will constitute the valid and legally binding obligation of Assignor enforceable against Assignor in accordance
with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws
now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether
enforceability is considered in a proceeding in equity or at law; and


 




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(f)          No
consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required
to be obtained or made by Assignor in connection with the execution, delivery or performance by Assignor of this Agreement, or
the consummation by it of the transactions contemplated hereby.


 


6.          Depositor
warrants and represents to, and covenants with, Assignor, Assignee and the Bank that as of the date hereof:


 


(a)          Depositor
is a Delaware corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;


 


(b)          Depositor
has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate
the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course
of Depositor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions
of Depositor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Depositor is
now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which
Depositor or its property is subject. The execution, delivery and performance by Depositor of this Agreement and the consummation
by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of Depositor.
This Agreement has been duly executed and delivered by Depositor and, upon the due authorization, execution and delivery by the
other parties hereto, will constitute the valid and legally binding obligation of Depositor enforceable against Depositor in accordance
with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws
now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether
enforceability is considered in a proceeding in equity or at law; and


 


(c)          No
consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required
to be obtained or made by Depositor in connection with the execution, delivery or performance by Depositor of this Agreement, or
the consummation by it of the transactions contemplated hereby other than any that have been obtained or made.


 


7.          Assignee
warrants and represents to, and covenants with, Assignor, Depositor and the Bank that as of the date hereof:


 


(a)          Assignee
is a federal savings bank duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization;
and


 




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(b)          Assignee
has been directed to enter into this Agreement pursuant to the provisions of the Pooling and Servicing Agreement. The execution,
delivery and performance by Assignee of this Agreement and the consummation by it of the transactions contemplated hereby, have
been duly authorized by all necessary action on part of Assignee. This Agreement has been duly executed and delivered by Assignee
and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding
obligation of Assignee enforceable against Assignee in accordance with its terms except as enforceability may be limited by bankruptcy,
reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally,
and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law.


 


8.          The
Bank warrants and represents to, and covenants with, Assignor, Depositor and Assignee as of the date hereof that:


 


(a)          Attached
hereto as Attachment 2 is a true and accurate copy of the Sale and Servicing Agreement, which agreement is in full force and effect
as of the date hereof and the provisions of which have not been waived, amended or modified in any respect, nor has any notice
of termination been given thereunder;


 


(b)          The
Bank is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has
all requisite power and authority to service the Mortgage Loans pursuant to and otherwise to perform its obligations under the
Sale and Servicing Agreement;


 


(c)          The
Bank has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate
the transactions set forth herein. The consummation of the transactions contemplated by this Agreement is in the ordinary course
of the Bank’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of
the Bank’s charter or by-laws or any legal restriction, or any material agreement or instrument to which the Bank is now
a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the
Bank or its property is subject. The execution, delivery and performance by the Bank of this Agreement and the consummation by
it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of the Bank. This
Agreement has been duly executed and delivered by the Bank and, upon the due authorization, execution and delivery by Assignor,
Assignee and the Depositor, will constitute the valid and legally binding obligation of the Bank enforceable against the Bank in
accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other
similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless
of whether enforceability is considered in a proceeding in equity or at law; and


 




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(d)          No
consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required
to be obtained or made by the Bank in connection with the execution, delivery or performance by the Bank of this Agreement, or
the consummation by it of the transactions contemplated hereby.


 


Restated Bank Representations and Warranties


 


9.          The
Bank hereby restates to Depositor and Assignee (a) the representations and warranties set forth in Subsection 7.01 of the Sale
and Servicing Agreement with respect to each Mortgage Loan as of the related Closing Date (as such term is defined in the Sale
and Servicing Agreement) and (b) the representations and warranties set forth in Subsection 7.02 of the Sale and Servicing
Agreement as of the date hereof, with respect to each Mortgage Loan, in each case as if such representations and warranties were
set forth herein in full.


 


In the event of a breach
of any representations and warranties referred to in clauses (a) or (b) above as of the date specified, Assignee shall be entitled
to all the remedies under the Sale and Servicing Agreement, subject to the rights of the Controlling Holder pursuant to Section
13.


 


Repurchase by Assignor Upon Certain Breaches
of Representations and Warranties


 


10.         
(a)          Assignor hereby covenants and agrees that, if a breach of any representation
and warranty set forth in Subsection 7.01 of the Sale and Servicing Agreement exists on the date hereof that materially and adversely
affects the value of any Mortgage Loan or the interest of Assignee in any Mortgage Loan and such breach did not exist as of the
Closing Date of that Mortgage Loan, Assignor shall have a period of 60 days from the earlier of either discovery by or receipt
of written notice from Assignee to Assignor of such breach within which to correct or cure such breach. Each determination as to
whether there has been such a breach shall be conducted on a Mortgage Loan-by-Mortgage Loan basis. A breach of representations
and warranties in Subsections 7.01(h), (bb), and (vv) of the Sale and Servicing Agreement shall be deemed to materially and adversely
affect the value of the related Mortgage Loan or the interest of the Assignee therein. Assignor hereby covenants and agrees that
if any breach cannot be corrected or cured within such 60 day period, then Assignor shall, at its option, (i) substitute a mortgage
loan for the defective Mortgage Loan in accordance with the Sale and Servicing Agreement, (ii) repurchase the related Mortgage
Loan at the Repurchase Price or (iii) except for a breach of a representation and warranty in Subsection 7.01(bb) of the Sale and
Servicing Agreement, make an indemnification payment in an amount equal to the reduction in value of such Mortgage Loan as a result
of such breach not later than 90 days after its discovery or receipt of notice of such breach and in the case of clauses (ii) and
(iii) above, by wire transfer of immediately available funds to such account as Assignee shall specify to Assignor.


 




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(b)          Assignor
and Assignee agree that the resolution of any controversy or claim arising out of or relating to an obligation or alleged obligation
of Assignor to repurchase a Mortgage Loan or Mortgage Loans pursuant to Section 10(a) above shall be by Arbitration administered
by the American Arbitration Association. If any such controversy or claim has not been resolved to the satisfaction of both Assignor
and Assignee, either party may commence Arbitration to resolve the dispute; provided that a party may commence Arbitration with
respect to one or more unresolved allegations only during the months of January, April, July and October, and all matters with
respect to which Arbitration has been commenced in any such month shall be heard in a single Arbitration in the immediately following
month or as soon as practicable thereafter; and provided further that if any Arbitration arising out of or relating to an obligation
or alleged obligation of the Bank to repurchase a Mortgage Loan relating to the same representation and warranty, has commenced
and is continuing, then such Arbitration shall be joined with the Arbitration commenced hereunder.


 


(c)          To
commence Arbitration, the moving party shall deliver written notice to the other party that it has elected to pursue Arbitration
in accordance with this Section 10, provided that if Assignor has not responded to Assignee's notification of a breach of a representation
and warranty, Assignee shall not commence Arbitration with respect to that breach before 60 days following such notification in
order to provide Assignor with an opportunity to respond to such notification. Within ten Business Days after a party has provided
notice that it has elected to pursue Arbitration, each party may submit the names of one or more proposed Arbitrators to the other
party in writing. If the parties have not agreed on the selection of an Arbitrator within five Business Days after the first such
submission, then the party commencing Arbitration shall, within the next five Business Days, notify the American Arbitration Association
in San Francisco, California and request that it appoint a single Arbitrator with experience in arbitrating disputes arising in
the financial services industry.


 


(d)          It
is the intention of the parties that Arbitration shall be conducted in as efficient and cost-effective a manner as is reasonably
practicable, without the burden of discovery. Accordingly, the Arbitrator will resolve the dispute on the basis of a review of
the written correspondence between the parties (including any supporting materials attached to such correspondence) conveyed by
the parties to each other in connection with the dispute prior to the delivery of notice to commence Arbitration; however, upon
a showing of good cause, a party may request the Arbitrator to direct the production of such additional information, evidence
and/or documentation from the parties that the Arbitrator deems appropriate. If requested by the Arbitrator or any party, any
hearing with respect to an Arbitration shall be conducted by video conference or teleconference except upon the agreement of both
parties or the request of the Arbitrator. 


 


(e)          The
finding of the Arbitrator shall be final and binding upon the parties. Judgment upon any arbitration award rendered may be entered
and enforced in any court of competent jurisdiction. The costs of the Arbitrator shall be shared equally between both parties.
Each party, however, shall bear its own attorneys fees and costs in connection with the Arbitration.


 






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Recognition of Assignee


 


11.         (a)          From
and after the date hereof, subject to Sections 13 and 14 below, the Bank shall recognize Assignee as owner of the Mortgage Loans
and will service the Mortgage Loans and perform its obligations hereunder for the benefit of the Assignee in accordance with the
Sale and Servicing Agreement, as modified hereby or as may be amended from time to time, as if Assignee and the Bank had entered
into a separate servicing agreement for the purchase and servicing of the Mortgage Loans, the terms of which are incorporated herein
by reference, as amended by this Agreement.


 


(b)          It
is the intention of Assignor, Depositor, the Bank and Assignee that this Agreement, which includes the Sale and Servicing Agreement,
shall constitute a separate and distinct servicing agreement, and the entire servicing agreement, between the Bank and Assignee
to the extent of the Mortgage Loans and shall be binding upon and for the benefit of the respective successors and assigns of the
parties hereto.


 


12.         The
Mortgage Loans shall be serviced by the Bank for Assignee in accordance with all applicable state, federal and local laws as well
as in conformity with the provisions of the applicable Mortgages and Mortgage Notes, and pursuant to the terms and conditions of
this Agreement.


 


Continuing Rights and Responsibilities



 


13.         (a)          Controlling
Holder Rights. The Bank agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in
its capacity as the initial Controlling Holder pursuant to the Pooling and Servicing Agreement, and for so long as it is the Controlling
Holder, will assume all of Assignee's rights and all related responsibilities as Purchaser under each of the following sections
of the Sale and Servicing Agreement:


 


Sale and
Servicing Agreement:


 


	Section or Subsection	 	Matter
	 	 	 
	7.03, other than 7.03(c)	 	Repurchase and Substitution
	 	 	 
	11.20	 	Seller and Servicer Shall Provide Access and Information as Reasonably Required


 


(b)          Notwithstanding
Sections 1 and 2 above, Assignor reserves its rights under, and does not assign to Assignee or Depositor, the ongoing rights to
take action and the responsibilities of the Purchaser under the sections of the Sale and Servicing Agreement listed below:


 


 




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Sale and
Servicing Agreement:


 


	Subsection	 	Matter
	7.05	 	Purchase Price Protection
	 	 	 
	Addendum I	 	Regulation AB Compliance Addendum


 


(c)          In
addition, the Bank agrees to furnish to Assignor and to Wells Fargo Bank, N.A., as master servicer or securities administrator
under the Pooling and Servicing Agreement (the “Master Servicer”), copies of reports, notices, statements and other
communications required to be delivered to the Purchaser by the Bank pursuant to any of the sections of the Sale and Servicing
Agreement referred to above and under the following sections, at the times therein specified:


 


Sale and
Servicing Agreement:


 


	Subsection	 	 
	 	 	 
	11.09	 	Transfer of Accounts
	 	 	 
	11.16	 	Statements to the Purchaser
	 	 	 
	Subsection 2.04 of Addendum I	 	Servicer Compliance Statement
	 	 	 
	Subsection 2.05 of Addendum I	 	Report on Assessment of Compliance and Attestation


 


(d)          If
there is no Controlling Holder under the Pooling and Servicing Agreement, then all rights and responsibilities assumed by the Controlling
Holder pursuant to Section 13(a) shall terminate and revert to Assignee. Assignor will provide thirty (30) days notice to the Bank
of any such termination of which Assignor has knowledge. Upon the first exercise of an enforcement of any rights pursuant to Section
13(a), Assignee shall notify (or cause the Master Servicer to notify) the Bank that there is no longer a Controlling Holder.


 




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Amendments to Sale and Servicing Agreement


 


14.         The
parties agree that the Sale and Servicing Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:


 


(a)          Definitions.


 


(i)          The
definitions of “Arbitration,” “Business Day,” “Eligible Account,” “Eligible Investment,”
“Opinion of Counsel,” “Rating Agencies,” “Repurchase Price” and “Servicing Fee Rate”
set forth in Section 1 of the Sale and Servicing Agreement shall be deleted and replaced in their entirety as follows, and the
following definitions of “Affiliate,” “Clean-up Call,” “Controlling Holder,” “Principal
Forbearance Amount,” “Securities Administrator” and “Servicing Modification” shall be added to Section
1 of the Sale and Servicing Agreement:


 


Affiliate:
With respect to any specified Person, another Person controlling or controlled by or under common control with such specified Person.
For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct
the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract
or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.


 


Arbitration:
Arbitration in accordance with the then governing Commercial Arbitration Rules of the American Arbitration Association and administered
by the American Arbitration Association, which shall be conducted in San Francisco, California or other place mutually acceptable
to the parties to the arbitration.


 


Business
Day: Any day other than (i) a Saturday or a Sunday, (ii) a legal holiday in the states of California, Delaware, Maryland, Minnesota,
Missouri or New York, (iii) a day on which banks in the states of California, Delaware, Maryland, Minnesota, Missouri or New York,
are authorized or obligated by law or executive order to be closed or (iv) a day on which the New York Stock Exchange or the Federal
Reserve Bank of New York is closed.


 


Clean-up
Call: The optional purchase of the mortgage loans subject to the Pooling and Servicing Agreement and all property acquired
in respect of any such mortgage loan remaining in the trust fund created pursuant to the Pooling and Servicing Agreement on any
date on which the aggregate stated principal balance is less than 10% of the aggregate stated principal balance as of March 1,
2013, in accordance with the Pooling and Servicing Agreement.


 




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Controlling
Holder: At any time, the holder of the majority of the class principal amount of the most subordinate class of certificates
issued pursuant to the Pooling and Servicing Agreement or, if the class principal amount of the most subordinate class of certificates
issued pursuant to the Pooling and Servicing Agreement is zero, the holder of the majority of the class principal amount of the
second most subordinate class of certificates issued pursuant to the Pooling and Servicing Agreement. If the class principal amount
of the second most subordinate class of certificates issued pursuant to the Pooling and Servicing Agreement is zero, then no entity
will have any rights as a Controlling Holder.


 


Eligible
Account: Any account or accounts maintained with a federal or state chartered depository institution or trust company the debt
obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding
company, the debt obligations of such holding company) satisfy each of the following criteria: (1) the short-term unsecured debt
obligations of such entity are rated in the highest rating category of Fitch Ratings, Inc. (“Fitch”) and Standard &
Poor’s Ratings Services (“S&P”) and the long-term unsecured debt obligations of such entity are rated in
one of the two highest rating categories of Fitch and S&P and (2) if the unsecured debt obligations of such entity are rated
by Kroll Bond Rating Agency, Inc. (“KBRA”), then the short-term unsecured debt obligations of such entity are rated
in the highest rating category of KBRA and the long-term unsecured debt obligations of such entity are rated in one of the three
highest rating categories of KBRA. If the ratings no longer satisfy each of these criteria, the funds on deposit therewith in connection
with this transaction shall be transferred to an Eligible Account within 30 days of such downgrade. Eligible Accounts may bear
interest.


 


Eligible
Investments: At any time, any one or more of the following obligations and securities:


 


(i)          direct
obligations of, and obligations fully guaranteed by the United States of America which are backed by the full faith and credit
of the United States of America;


 




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(ii)         (a)
demand or time deposits, federal funds or bankers’ acceptances issued by any depository institution or trust company incorporated
under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or
state banking authorities, provided that the commercial paper and/or the short-term deposit rating and/or the long-term unsecured
debt obligations or deposits of such depository institution or trust company at the time of such investment or contractual commitment
providing for such investment are rated in the highest rating category by the Rating Agencies for long-term unsecured debt with
a maturity of more than one year or in the highest rating category by the Rating Agencies with respect to short-term obligations
(provided that, short-term obligations with a maturity of at least 60 days are rated “A-1+” by S&P) and (b) any
other demand or time deposit or certificate of deposit that is fully insured by the FDIC;


 


(iii)        repurchase
obligations with a term not to exceed thirty (30) days and with respect to any security described in clause (i) above and entered
into with a depository institution or trust company (acting as principal) described in clause (ii)(a) above;


 


(iv)        securities
bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States of America or
any state thereof that are rated in the highest rating category by the Rating Agencies for long-term unsecured debt with a maturity
of more than one year or in the highest rating category by the Rating Agencies with respect to short-term obligations (provided
that, short-term obligations with a maturity of at least 60 days are rated “A-1+” by S&P), in each case at the
time of such investment or contractual commitment providing for such investment; provided, however, that securities issued by any
particular corporation will not be Eligible Investments to the extent that investments therein will cause the then outstanding
principal amount of securities issued by such corporation and held as Eligible Investments to exceed 10% of the aggregate outstanding
principal balances of all of the Mortgage Loans and Eligible Investments;


 


(v)         commercial
paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified
date not more than one year after the date of issuance thereof) that is rated in the highest rating category by the Rating Agencies
for long-term unsecured debt with a maturity of more than one year or in the highest rating category by the Rating Agencies with
respect to short-term obligations (provided that, short-term obligations with a maturity of at least 60 days are rated “A-1+”
by S&P), in each case at the time of such investment; and


 


(vi)        any
money market funds rated in one of the two highest rating categories by the Rating Agencies for long-term unsecured debt with a
maturity of more than one year or in the highest rating category by the Rating Agencies with respect to short-term obligations
(provided that, with respect to S&P, shares of a money market fund are rated “AAAm”);


 


provided, however, that no instrument
or security shall be an Eligible Investment if such instrument or security evidences a right to receive only interest payments
with respect to the obligations underlying such instrument or if such security provides for payment of both principal and interest
with a yield to maturity in excess of 120% of the yield to maturity at par or if such instrument or security is purchased at a
price greater than par.


 




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Opinion
of Counsel: A written opinion of counsel, who may be salaried counsel for the Person on behalf of whom the opinion is being
given, reasonably acceptable to each Person to whom such opinion is addressed, and which must be Independent outside counsel with
respect to any such opinion of counsel concerning the taxation or the federal income tax status of each REMIC.


 


Principal
Forbearance Amount: With respect to a Mortgage Loan that was the subject of a Servicing Modification, the amount, if any, of
principal of the Mortgage Loan that has been deferred and that does not accrue interest.


 


Rating Agencies:
Fitch Ratings, Inc. (“Fitch”), Kroll Bond Rating Agency, Inc. (“KBRA”), Moody’s Investors Service,
Inc. (“Moody’s”) and Standard & Poor’s Ratings Services (“S&P”); provided, however,
that references to “Rating Agencies” as used in the definition of “Eligible Investments” shall not include
KBRA unless KBRA rates the applicable entity or investment.


 


Repurchase
Price: With respect to any Mortgage Loan, a price equal to (i) the unpaid principal balance of the Mortgage Loan, plus (ii) interest
on such unpaid principal balance at the related Mortgage Loan Remittance Rate from the last date through which interest was last
paid by or on behalf of the Mortgagor to the last day of the month in which such repurchase occurs, plus (iii) reasonable and
customary third party expenses incurred in connection with the transfer of the Mortgage Loan being repurchased, minus (iv) any
amounts received in respect of such repurchased Mortgage Loan and being held in the Custodial Account for future distribution
in connection with such Mortgage Loan; which Repurchase Price proceeds shall be deposited in the Custodial Account for withdrawal
by the Servicer in accordance with Subsection 11.05; provided, however, that if at the time of repurchase the Servicer is not
the Seller or an Affiliate of the Seller, the amount described in clause (ii) shall be computed as the sum of (a) the Mortgage
Loan Remittance Rate and (b) the Servicing Fee Rate. 


 


Securities
Administrator: Wells Fargo Bank, N.A., not in its individual capacity but solely as Securities Administrator under the Pooling
and Servicing Agreement, or any successor in interest, or if any successor Securities Administrator shall be appointed as provided
in the Pooling and Servicing Agreement, then such successor Securities Administrator.


 



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Servicing
Fee Rate: With respect to each Mortgage Loan, the per annum rate set forth on the related Mortgage Loan Schedule or if not
specified thereon, in the related PPTL, which rate shall be increased by the amount of any increase in the Mortgage Interest Rate
for any such Mortgage Loan pursuant to the terms of the related Mortgage Note due to the termination of an automatic debit or direct
deposit account.


 


Servicing
Modification: Any reduction of the Mortgage Interest Rate on or the outstanding principal balance of a Mortgage Loan, any extension
of the final maturity date of a Mortgage Loan, any increase to the outstanding principal balance of a Mortgage Loan by adding to
the Stated Principal Balance unpaid principal and interest and other amounts owing under the Mortgage Loan, any Principal Forbearance
Amount and any other modification, in each case pursuant to a modification of a Mortgage Loan that is in default or for which,
in the judgment of the Servicer, default is reasonably foreseeable in accordance with the Sale and Servicing Agreement.


 


(b)          Servicing
Standard. In servicing the Mortgage Loans in accordance with this Agreement and Customary Servicing Procedures, the Servicer
shall service the Mortgage Loans with a view to the best interests of all holders of the Sequoia Mortgage Trust 2013-4 Mortgage
Pass-Through Certificates as a single class.


 


(c)          Segregated
Custodial Account. The Servicer shall establish a Custodial Account pursuant to Subsection 11.04 of the Sale and Servicing
Agreement which shall be titled “First Republic Bank, in trust for Christiana Trust, a division of Wilmington Savings Fund
Society, FSB, as trustee of the Sequoia Mortgage Trust 2013-4” (the “2013-4 Custodial Account”), which shall
be the Custodial Account under this Agreement for all purposes. If the 2013-4 Custodial Account is no longer an Eligible Account,
the Servicer shall transfer the 2013-4 Custodial Account to an account that is an Eligible Account. The 2013-4 Custodial Account
shall qualify as an Eligible Account.


 


(d)          Determination
of Breach of Representations and Warranties. The following sentence shall be added as the new third sentence of Subsection
7.03(a):


 


Each determination as
to whether there has been such a breach shall be conducted on a Mortgage Loan-by-Mortgage Loan basis.


 


(e)          Helping
Families Act Notice. The following sentence shall be added at the end of Subsection 6.04:


 


In connection with any
Mortgage Loan (i) repurchased by First Republic Bank from the trust created by the Pooling and Servicing Agreement (the “Trust”)
or (ii) purchased in the exercise of a Clean-up Call, First Republic Bank shall furnish to the related borrower, within thirty
(30) days following the date of such repurchase, the notice required by, and in accordance with, Section 404 of the Helping Families
Act.


 




    	13



    	 



    

 


(f)          Transfer
of Eligible Investments. The following sentences shall be added at the end of the last paragraph of Subsection 11.04:


 


Notwithstanding
anything to the contrary in this Agreement, for all Eligible Investments rated at least "F1/A+"(short/long) that have
terms greater than 60 days, in the event of a downgrade of such Eligible Investment below "F1" (or "A+" if
no short term rating) Servicer agrees to remove such Eligible Investment within 60 days of such downgrade. Servicer acknowledges
and agrees that Servicer shall bear any losses incurred with respect to removal of such Eligible Investment following such a downgrade
and that any losses shall be immediately deposited by the Servicer in the 2013-4 Custodial Account, as appropriate, out of the
Servicer’s own funds, with no right to reimbursement therefor. 


 


(g)          Transfer
of Accounts. The second sentence of Subsection 11.09 shall be deleted and replaced in its entirety as follows:


 


Pursuant to Subsections 11.04 and 11.06, such transfer
shall be made only with the Purchaser’s approval, which shall not unreasonably be withheld.


 


(h)          Form
of Monthly Report. The Servicer shall provide monthly accounting reports to the Purchaser and Master Servicer, pursuant to
Subsection 11.16 of the Sale and Servicing Agreement, with the information required by the monthly reporting format of the Master
Servicer as previously provided to the Servicer by Assignor. Such reports shall be provided not later than the fifth (5th)
Business Day of each calendar month.


 


(i)          Shorter
Cure Period for Failure to Provide Distribution Data. An additional “Event of Default” shall be listed in Subsection
13.01, to be inserted after clause (h), to read in its entirety as follows:


 


or (i) Servicer
shall fail to provide to Purchaser the data required to be provided pursuant to the first paragraph of Subsection 11.16 and such
failure shall continue for three Business Days after notice of such failure has been given to Servicer by Purchaser;


 


(j)          Clean-up
Call. A new Section 33 shall be added to the Sale and Servicing Agreement, to read in its entirety as follows: 


 


SECTION 33. Clean-up Call.
In the event a Clean-up Call is exercised, the purchaser of the remaining Mortgage Loans (a) shall have all right, title and interest
in, to and under the Sale and Servicing Agreement to the extent relating to such Mortgage Loans and (b) shall be bound as “Purchaser”
under the Sale and Servicing Agreement from and after the date it exercises the Clean-up Call. The remaining Mortgage Loans shall
be serviced by the Bank for such purchaser in accordance with the terms and conditions of the Sale and Servicing Agreement.          


 



    	14



    	 



    




 


(k)          REMIC
Provisions.


 


(i)          The
following definition of “REMIC Provisions” is hereby added to Section 1 of the Sale and Servicing Agreement:


 


REMIC Provisions:    Sections
860A through 860G of the Internal Revenue Code; such other provisions of the Code as relate to an entity created thereunder; the
regulations promulgated pursuant such sections and provisions of the Code; and published guidance issued by the Internal Revenue
Service relating to such Code sections and regulations.


 


(ii)         The
following paragraph shall be added to the end of Subsection 11.13, to read in its entirety as follows:


 


If a Mortgage
Loan is held by a REMIC, the Servicer shall not acquire any real property (or personal property incident to such real property)
in respect of such Mortgage Loan except in connection with a default or imminent default of such Mortgage Loan. In the event that
a REMIC acquires any real property (or personal property incident to such real property) in connection with a default or imminent
default of a Mortgage Loan, such property shall be disposed of by the Servicer as soon as practicable in a manner that, consistent
with prudent mortgage loan servicing practices, maximizes the net present value of the recovery to the Trust, but in any event
within three years after its acquisition by such REMIC unless the Servicer provides to the Purchaser and the Securities Administrator
an Opinion of Counsel to the effect that the holding by such REMIC of such Mortgaged Property subsequent to three years after its
acquisition will not result in the imposition of taxes on “prohibited transactions” on such REMIC as defined in Section
860F of the Code or under the law of any state in which real property securing a Mortgage Loan owned by such REMIC is located or
cause such REMIC to fail to qualify as a REMIC for federal income tax purposes or for state tax purposes under the laws of any
state in which real property securing a Mortgage Loan owned by such REMIC is located at any time that any mortgage pass-through
certificates representing interests in such REMIC are outstanding. The Servicer shall conserve, protect and operate each such property
for such REMIC solely for the purpose of its prompt disposition and sale in a manner which does not cause such property to fail
to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) or result in the receipt by such REMIC
of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code or any “net
income from foreclosure property” which is subject to taxation under the REMIC Provisions. Pursuant to its efforts to sell
such property, the Servicer shall either itself or through an agent selected by the Servicer protect and conserve such property
in the same manner and to such extent as is customary in the locality where such property is located and may, incident to its conservation
and protection of the assets of the Trust, rent the same, or any part thereof, as the Servicer deems to be in the best interest
of the Trust for the period prior to the sale of such property. Additionally, the Servicer shall perform the tax withholding and
shall file information returns with respect to the receipt of mortgage interests received in a trade or business, the reports of
foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income
with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P, respectively, of the Code, and deliver to the
Purchaser and the Securities Administrator an Officers’ Certificate on or before March 31 of each year stating that such
reports have been filed. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by Sections
6050H, 6050J and 6050P of the Code.


 






    	15



    	 



    

 


(iii)        The
following additional provisions shall be added after Subsection 11.23, to read in its entirety as follows:


 


Subsection
11.24 Compliance with REMIC Provisions. If a REMIC election has been made with respect to the arrangement under which the Mortgage
Loans and REO Property are held, the Servicer shall not take any action, cause the REMIC to take any action or fail to take (or
fail to cause to be taken) any action that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger
the status of the REMIC as a REMIC or (ii) result in the imposition of a tax upon the REMIC (including but not limited to the tax
on “prohibited transactions” as defined in Section 860F(a)(2) of the Code and the tax on “contribution”
to a REMIC set forth in Section 860G(d) of the Code unless the Servicer has received an Opinion of Counsel (at the expense of the
party seeking to take such actions) to the effect that the contemplated action will not endanger such REMIC status or result in
the imposition of any such tax.


 


(l)          Avoidance
of Consolidation.


 


(i)The
following Subsection 7.06 shall be added at the end of Section 7, to read in its entirety as follows:


 


Subsection 7.06 Avoidance
of Consolidation.


 


(a)          The
Servicer covenants and agrees that it shall not hold or purchase any certificate (a “Certificate”) issued by the Trust,
if its holding or purchase of such Certificate (or interest therein) would cause the Servicer to be required to consolidate any
assets of the Trust on its financial statements under U.S. generally accepted accounting principles (“Consolidate”
or “Consolidation”). The Servicer shall be deemed to have represented by virtue of its purchase or holding of such
Certificate (or interest therein) that its holding or purchase of such Certificate (or interest therein) will not cause the Servicer
to be required to Consolidate any assets of the Trust on its financial statements.


 




    	16



    	 



    

 


If the Servicer's
holding or purchase of a Certificate (or interest therein) does in fact cause such Consolidation, then the last preceding transferee
that is not required to Consolidate shall be restored, to the extent permitted by law, to all rights and obligations as owner of
such Certificate retroactive to the date of such transfer of such Certificate. If the Servicer holds or purchases a Certificate
(or interest therein) in violation of the restrictions in this Subsection 7.06 and to the extent that the retroactive restoration
of the rights of the owner of such Certificate as described in the immediately preceding sentence shall be invalid, illegal or
unenforceable, then the Securities Administrator shall have the right, without notice to the owner or any prior owner of such Certificate,
to sell such Certificate to a purchaser selected by the Securities Administrator on such terms as the Securities Administrator
may choose. The Servicer shall promptly endorse and deliver such Certificate (or otherwise transfer a book-entry Certificate) in
accordance with the instructions of the Securities Administrator. The proceeds of such sale, net of the commissions (which may
include commissions payable to the Securities Administrator or its Affiliates), expenses and taxes due, if any, shall be remitted
by the Securities Administrator to the Servicer. The terms and conditions of any sale under this Subsection 7.06 shall be determined
in the sole discretion of the Securities Administrator, and the Securities Administrator shall not be liable to any owner of a
Certificate as a result of its exercise of such discretion. The Servicer shall indemnify and hold harmless the Depositor and the
Trust from and against any and all losses, liabilities, claims, costs or expenses incurred by such parties as a result of such
holding or purchase resulting in a Consolidation.


 


(b)          The
Servicer covenants and agrees that it shall not transfer its servicing rights and duties under this Agreement and the Sale and
Servicing Agreement to an insured depository institution, as such
term is defined in the Federal Deposit Insurance Act (an “IDI”) (an IDI in such capacity, an “IDI Servicer Transferee”)
unless the Purchaser and the Servicer shall have received a representation from the IDI Servicer Transferee that the acquisition
of such servicing rights and duties will not cause the IDI Servicer Transferee to be required to Consolidate any assets of the
Trust on its financial statements. Any IDI Servicer Transferee shall be deemed to have represented by virtue of its acquisition
of such servicing rights and duties that such acquisition will not cause Consolidation. Any IDI Servicer Transferee who acquires
such servicing rights and duties without providing the representation described above or whose acquisition of such servicing rights
and duties has required it to Consolidate any assets of the Trust on its financial statements shall indemnify and hold harmless
the Servicer, the Depositor and the Trust from and against any and all losses, liabilities, claims, costs or expenses incurred
by such parties as a result of such acquisition.


 




    	17



    	 



    

 


(ii) An additional
“Event of Default” shall be listed in Subsection 13.01, to be inserted after clause (i) added in Section 14(i) of this
Agreement above, to read in its entirety as follows:


 


or (j)(A) the
purchase or holding by the Servicer of any Certificate such that the Servicer is required to Consolidate any assets of the Trust
on its financial statements, provided that such purchase or holding of a Certificate shall not constitute an Event of Default if,
within 45 days of (1) the date of such purchase or acquisition or (2) if such requirement to Consolidate is not effective on the
date of such purchase or acquisition, the date the Servicer becomes aware of such requirement to Consolidate, the Servicer causes
such requirement to Consolidate not to apply; or (B) the failure of the Servicer to obtain from an IDI Servicer Transferee the
representation described in Section 7.06(b) prior to the transfer to such IDI Servicer Transferee of any servicing rights or duties.


 


(m)          Foreclosure
Proceedings. The first sentence of Subsection 11.13 is hereby deleted and replaced in its entirety with the following:


 


Subject to Subsection
11.02, in the event that title to the Mortgaged Property is acquired in foreclosure or by deed in lieu of foreclosure, the deed
or certificate of sale shall be taken in the name of the Trust, where permitted by applicable law or regulation, and where not
so permitted, in the name of the trustee of the Trust or its nominee.


 


(n)          Modification
Payment Plans and Foreclosure Approvals.


 


(i)          The
first sentence of the fifth paragraph of Subsection 11.01 is hereby deleted and replaced in its entirety with the following:


 


Consistent
with the terms of this Agreement, and subject to the REMIC Provisions if the Mortgage Loans have been transferred to a REMIC, the
Servicer may waive, modify or vary any term of any Mortgage Loan or consent to the postponement of strict compliance with any such
term or in any manner grant indulgence to any Mortgagor; provided, however, that the Servicer shall not enter into any payment
plan or agreement to modify payments with a Mortgagor lasting more than twelve (12) months or permit any modification with
respect to any Mortgage Loan that would change the Mortgage Interest Rate, the Lifetime Rate Cap (if applicable), the Initial
Rate Cap (if applicable), the Periodic Rate Cap (if applicable) or the Gross Margin (if applicable), agree
to the capitalization of arrearages, including interest, fees or expenses owed under the Mortgage Loan, make any future advances
or extend the final maturity date with respect to such Mortgage Loan (provided that the Servicer shall in no event extend the final
maturity date past April 25, 2043 or, if such 25th day is not a Business Day, the next succeeding Business Day), or accept substitute
or additional collateral or release any collateral for such Mortgage Loan, unless (1) the Mortgagor is in default with respect
to the Mortgage Loan, or such default is, in the judgment of the Servicer, imminent, (2) the modification is in accordance with
the customary procedures of the Servicer, which may change from time to time, or industry-accepted programs, and (3) the Purchaser
has approved such action.


 




    	18



    	 



    

 


(ii)         The
third sentence of the last paragraph of Subsection 11.01 is hereby deleted and replaced in its entirety with the following:


 


In the event
(a) the environmental inspection report indicates that the Mortgaged Property is contaminated by hazardous or toxic substances
or wastes and (b) the Purchaser provides written approval for the Servicer to proceed with foreclosure or acceptance of a deed
in lieu of foreclosure, the Servicer shall be reimbursed for all reasonable costs associated with such foreclosure or acceptance
of a deed in lieu of foreclosure and any related environmental clean up costs, as applicable, from the related Liquidation Proceeds,
or if the Liquidation Proceeds are insufficient fully to reimburse the Servicer, the Servicer shall be entitled to be reimbursed
from amounts in the Custodial Account pursuant to Subsection 11.05 hereof.


 


(o)          Servicer
Reports. The Servicer shall provide monthly reports to the Purchaser pursuant to Subsection 11.16 of the Sale and Servicing
Agreement in the formats attached hereto as Exhibits 10 and 11, or in such other format as the Servicer, the Purchaser and the
Depositor shall agree in writing.


 


(p)          Assumption
Agreements. The first sentence of Subsection 11.18 is hereby deleted and replaced in its entirety with the following:


 


The Servicer
will use its best efforts to enforce any “due-on-sale” provision contained in any Mortgage or Mortgage Note; provided
that, subject to the Purchaser’s prior approval for the release of liability from the original borrower, the Servicer shall
permit such assumption if so required in accordance with the terms of the Mortgage or the Mortgage Note.


 


(q)          Indemnification
Expenses. The first sentence of Subsection 12.01(b) is hereby deleted and replaced in its entirety with the following:


 


The Servicer
shall immediately notify the Purchaser if a claim is made by a third party with respect to this Agreement or the Mortgage Loans,
and the Servicer shall assume the defense of any such claim and pay all expenses in connection therewith, including counsel fees.


 


(r)          Broker’s
Price Opinion. If, in accordance with the Pooling and Servicing Agreement, the Trustee has received notice that any governmental
entity intends to acquire a Mortgage Loan through the exercise of its power of eminent domain, and if there is no longer a Controlling
Holder, the Servicer, promptly upon the request and at the expense of the Trustee, shall obtain a valuation on the related Mortgaged
Property in the form of a broker’s price opinion, and provide the results of such valuation to the Trustee.


 




    	19



    	 



    

 


(s)          Report
on Assessment of Compliance and Attestation. The Servicer shall disclose, and shall cause each Subservicer and Subcontractor
determined to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB to disclose,
as part of each assessment of compliance with the Servicing Criteria delivered pursuant to Subsection 2.05 of Addendum I of the
Sale and Servicing Agreement: (i) the extent and scope of any material instance of noncompliance, including any material impacts
or effects as a result of a material instance of noncompliance, that have affected payments or expected payments on the certificates
issued pursuant to the Pooling and Servicing Agreement; (ii) whether a material instance of noncompliance involved any certificate
issued pursuant to the Pooling and Servicing Agreement; and (iii) its plans, if any, or actions already undertaken, for remediating
a material instance of noncompliance or the impacts caused by such material instance of noncompliance.


 


(t)          The
rights under the Sale and Servicing Agreement assigned to the Depositor and the Assignee pursuant to this Agreement shall be under
the Sale and Servicing Agreement as amended by this Agreement.


 


Miscellaneous


 


15.         All
demands, notices and communications related to the Mortgage Loans, the Sale and Servicing Agreement and this Agreement shall be
in writing and shall be deemed to have been duly given if personally delivered at or mailed by registered mail, postage prepaid,
as follows:


 


(a)          In
the case of the Bank,


 


First Republic Bank


111 Pine Street


San Francisco, CA 94111


Attention: Tony Sachs


 


with a copy to the General
Counsel at the same address 


 


(b)          In
the case of Assignee,


 


Christiana Trust, a division
of Wilmington Savings Fund Society, FSB


500 Delaware Avenue,
11th Floor


Wilmington, Delaware,
19801


Attention: Corporate
Trust – Sequoia Mortgage Trust 2013-4


 




    	20



    	 



    

 


(c)          In
the case of Depositor,


 


Sequoia Residential Funding,
Inc.


One Belvedere Place,
Suite 360


Mill Valley, California
94941


Attention: William Moliski


 


with a copy to


 


General Counsel at the
same address


 


(d)          In
the case of Assignor,


 


Redwood Residential Acquisition
Corporation


One Belvedere Place,
Suite 360


Mill Valley, California
94941


Attention: William Moliski


 


with a copy to


 


General Counsel at the
same address


 


(e)          In
the case of Master Servicer,


 


Wells Fargo Bank, N.A.


9062 Old Annapolis Road


Columbia, Maryland 21045


Telephone number: (410)
884-2000


Facsimile number: (410)
715-2380


 


Attention: Client Manager
— Sequoia Mortgage Trust 2013-4


 


(f)          In
the case of the initial Controlling Holder,


 


Sequoia Mortgage Funding
Corporation


One Belvedere Place,
Suite 360


Mill Valley, California
94941


Attention: William Moliski


 


with a copy to


 


General Counsel at the
same address


 


16.         This
Agreement shall be construed in accordance with the laws of the State of New York, except to the extent preempted by Federal law,
and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws, without regard
to the conflicts of laws provisions of the State of New York or any other jurisdiction.


 




    	21



    	 



    

 


17.         No
term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the
party against whom such waiver or modification is sought to be enforced.


 


18.         This
Agreement shall inure to the benefit of the successors and assigns of the parties hereto. Any entity into which Assignor, Depositor,
Assignee or the Bank may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor,
Depositor, Assignee or the Bank, respectively, hereunder.


 


19.         This
Agreement shall survive the conveyance of the Mortgage Loans, the assignment of the Sale and Servicing Agreement to the extent
of the Mortgage Loans by Assignor to Depositor and by Depositor to Assignee, and the termination of the Sale and Servicing Agreement.


 


20.         This
Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original, and
all such counterparts shall constitute one and the same instrument.


 


21.        The Controlling
Holder under the Pooling and Servicing Agreement is an express third party beneficiary of this Agreement, and shall have the same
power and ability to exercise and enforce the rights stated to be provided to it hereunder as if it were a signatory hereto. The
Bank hereby consents to such exercise and enforcement.


 


22.         It
is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Trustee (i) this Agreement
is executed and delivered by Christiana Trust, a division of Wilmington Savings Fund Society, FSB (“Christiana Trust”)
not in its individual capacity but solely as Trustee on behalf of the trust created by the Pooling and Servicing Agreement referred
to herein (the “Trust”) in the exercise of the powers and authority conferred upon and vested in it, and as directed
in the Pooling and Servicing Agreement, (ii) each of the undertakings and agreements herein made on behalf of the Trust is made
and intended not as a personal undertaking or agreement of or by Christiana Trust but is made and intended for purposes of binding
only the Trust, (iii) nothing herein contained shall be construed as creating any liability on the part of Christiana Trust, individually
or personally, to perform any covenant either express or implied in this Agreement, all such liability, if any, being expressly
waived by the parties hereto and by any person claiming by, through or under the parties hereto, and (iv) under no circumstances
shall Christiana Trust in its individual capacity or in its capacity as Trustee be personally liable for the payment of any indebtedness,
amounts or expenses owed by the Purchaser under the Sale and Servicing Agreement (such indebtedness, expenses and other amounts
being payable solely from and to the extent of funds of the Trust) or be personally liable for the breach or failure of any obligation,
representation, warranty or covenant made under this Agreement or any other related documents.


 




    	22



    	 



    

 








23.       Master Servicer. The Bank hereby acknowledges that the Assignee has appointed Wells Fargo
Bank, N.A. to act as master servicer and securities administrator under the Pooling and Servicing Agreement and hereby agrees
to treat all inquiries, demands, instructions, authorizations and other communications from the Master Servicer as if the same
had been received from the Assignee. The Master Servicer, acting on behalf of the Assignee, shall have the rights of the Assignee
as the Purchaser under this Agreement, including, without limitation, the right to enforce the obligations of the Bank and the
Servicer hereunder and under the Sale and Servicing Agreement and the right to exercise the remedies of the Purchaser hereunder
and under the Sale and Servicing Agreement, other than the rights assumed by the Controlling Holder assumed under Section 13(a)
above.


 


   The Bank shall make
all remittances due by it to the Purchaser with respect to the Mortgage Loans to the following account by wire transfer of immediately
available funds:


 


Wells Fargo Bank, N.A.


San Francisco, California


ABA# 121-000-248


Account #3970771416


Account Name: SAS Clearing


FFC: Account #39167300, Sequoia
Mortgage Trust 2013-4 Distribution Account


 


24.      The Bank acknowledges that the
custodian will be Wells Fargo Bank, N.A. acting pursuant to the Custodial Agreement. Requests for Mortgage Loan Documents required
by the Bank to perform its duties under the Sale and Servicing Agreement shall be directed to Wells Fargo Bank, N.A., as custodian,
using the form of Request for Release in the form of Exhibit F hereto. The Bank shall provide the Custodian with the specimen signatures
of the Bank's authorized servicing representatives using the form in Exhibit D-3 hereto. Notwithstanding Section 10 of the Sale
and Servicing Agreement, the Bank shall pay shipping expenses for any Mortgage Loan Documents if there has been a breach of any
representation or warranty made with respect to the related Mortgage Loan in Subsection 7.01 of the Sale and Servicing Agreement.


 


25.       Helping Families Act Notice.
Assignor hereby requests that the Bank furnish each Mortgagor with the notice described in Subsection 6.04 of the Sale and
Servicing Agreement, in the form attached as Exhibit 8 thereto and using Christiana Trust, a division of Wilmington Savings Fund
Society, FSB, as trustee of the Sequoia Mortgage Trust 2013-4 as the investor name, in accordance with the terms of Subsection
6.04 therein, and the Bank hereby covenants that it shall furnish each Mortgagor with such notice as provided therein. Assignor
and Assignee each agree that it will not send such notices to the Mortgagors.


 




    	23



    	 



    

 


26.      Rule
17g-5 Compliance. The Bank hereby agrees that it shall provide information with respect to the Mortgage Loans or the origination
or servicing thereof to any Rating Agency or nationally recognized statistical rating organization (“NRSRO”) via electronic
mail at rmbs17g5informationprovider@wellsfargo.com, with a subject reference of “SEMT 2013-4” and an identification
of the type of information being provided in the body of such electronic mail. The Securities Administrator, as the initial Rule
17g-5 Information Provider (the “Rule 17g-5 Information Provider”) shall notify the Bank in writing of any change
in the identity or contact information of the Rule 17g-5 Information Provider. The Bank shall have no liability for (i) the Rule
17g-5 Information Provider’s failure to post information provided by it in accordance with the terms of this Agreement or
(ii) any malfunction or disabling of the website maintained by the Rule 17g-5 Information Provider. None of the foregoing restrictions
in this Section 26 prohibit or restrict oral or written communications, or providing information, between the Bank, on the one
hand, and any Rating Agency or NRSRO, on the other hand, with regard to (i) such Rating Agency’s or NRSRO’s review
of the ratings it assigns to the Bank, (ii) such Rating Agency’s or NRSRO’s approval of the Bank as a residential
mortgage master, special or primary servicer, or (iii) such Rating Agency’s or NRSRO’s evaluation of the Bank’s
servicing operations in general; provided, however, that the Bank shall not provide any information relating to the Mortgage Loans
to such Rating Agency or NRSRO in connection with such review and evaluation by such Rating Agency or NRSRO unless: (x) borrower,
property or deal specific identifiers are redacted; or (y) such information has already been provided to the Rule 17g-5 Information
Provider. 


 




    	24



    	 



    

 


IN WITNESS WHEREOF,
the parties hereto have executed this Agreement the day and year first above written.


 


	 	REDWOOD RESIDENTIAL ACQUISITION CORPORATION
	 	Assignor
	 	 
	 	By:	/s/ W. J. Moliski
	 	Name:	 W. J. Moliski
	 	Title:	Authorized Officer
	 	 
	 	SEQUOIA RESIDENTIAL FUNDING, INC.
	 	Depositor
	 	 
	 	By:	 /s/ W. J. Moliski 
	 	Name:	W. J. Moliski 
	 	Title:	Authorized Officer
	 	 
	 	Christiana Trust, a division of Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as Trustee,
	 	Assignee
	 	 
	 	By:	/s/ Jeffrey Everhart
	 	Name:	Jeffrey Everhart
	 	Title:	AVP
	 	 
	 	FIRST REPUBLIC BANK
	 	 
	 	By:	/s/ Tony Sachs
	 	Name:	Tony Sachs
	 	Title:	Vice President


 


	Accepted and agreed to by:	 
	 	 
	WELLS FARGO BANK, N.A.	 
	Master Servicer	 
	 	 
	By:	/s/ Graham M. Oglesby	 
	Name:	Graham M. Oglesby	 
	Title:	Vice President	 


 


Signature Page to Assignment, Assumption
and Recognition Agreement – First Republic (SEMT 2013-4)


 




    	 



    	 



    

 


ATTACHMENT 1


 


MORTGAGE LOAN SCHEDULE


 




    	 



    	 



    

 


	 	1	2	3	4	5	6	7	8	9	10	11
	 	Primary
    Servicer	Servicing
    Fee %	Servicing
    

    Fee—Flatdollar	Servicing
    Advance 

    Methodology	Originator	Loan
    Number	Amortization
    Type	Lien
    Position	HELOC
    Indicator	Loan
    Purpose	Cash
    Out Amount
	1	1002338	0.002500	 	 	First
    Republic	12-495234-7	1	1	0	3	 
	2	1002338	0.002500	 	 	First
    Republic	12-497309-5	1	1	0	9	 
	3	1002338	0.002500	 	 	First
    Republic	12-496982-0	1	1	0	9	 
	4	1002338	0.002500	 	 	First
    Republic	12-496859-0	1	1	0	7	 
	5	1002338	0.002500	 	 	First
    Republic	12-495876-5	1	1	0	7	 
	6	1002338	0.002500	 	 	First
    Republic	12-496501-8	1	1	0	9	 
	7	1002338	0.002500	 	 	First
    Republic	12-496502-6	1	1	0	3	 
	8	1002338	0.002500	 	 	First
    Republic	12-496108-2	1	1	0	9	 
	9	1002338	0.002500	 	 	First
    Republic	12-496038-1	1	1	0	7	 
	10	1002338	0.002500	 	 	First
    Republic	12-496044-9	1	1	0	9	 
	11	1002338	0.002500	 	 	First
    Republic	12-495836-9	1	1	0	9	 
	12	1002338	0.002500	 	 	First
    Republic	12-495603-3	1	1	0	9	 
	13	1002338	0.002500	 	 	First
    Republic	12-495747-8	1	1	0	9	 
	14	1002338	0.002500	 	 	First
    Republic	12-495862-5	1	1	0	3	 
	15	1002338	0.002500	 	 	First
    Republic	12-494619-0	1	1	0	7	 
	16	1002338	0.002500	 	 	First
    Republic	12-495691-8	1	1	0	3	 
	17	1002338	0.002500	 	 	First
    Republic	12-495332-9	1	1	0	9	 
	18	1002338	0.002500	 	 	First
    Republic	12-495850-0	1	1	0	9	 
	19	1002338	0.002500	 	 	First
    Republic	12-495629-8	1	1	0	7	 
	20	1002338	0.002500	 	 	First
    Republic	12-495748-6	1	1	0	3	 
	21	1002338	0.002500	 	 	First
    Republic	12-495661-1	1	1	0	3	 
	22	1002338	0.002500	 	 	First
    Republic	12-495331-1	1	1	0	9	 
	23	1002338	0.002500	 	 	First
    Republic	12-495594-4	1	1	0	3	 
	24	1002338	0.002500	 	 	First
    Republic	12-495559-7	1	1	0	9	 
	25	1002338	0.002500	 	 	First
    Republic	12-495524-1	1	1	0	9	 
	26	1002338	0.002500	 	 	First
    Republic	12-494434-4	1	1	0	7	 
	27	1002338	0.002500	 	 	First
    Republic	12-490711-9	1	1	0	9	 
	28	1002338	0.002500	 	 	First
    Republic	12-493510-2	1	1	0	9	 
	29	1002338	0.002500	 	 	First
    Republic	12-494718-0	1	1	0	7	 
	30	1002338	0.002500	 	 	First
    Republic	12-495360-0	1	1	0	9	 
	31	1002338	0.002500	 	 	First
    Republic	12-495010-1	1	1	0	3	 
	32	1002338	0.002500	 	 	First
    Republic	12-495212-3	1	1	0	9	 
	33	1002338	0.002500	 	 	First
    Republic	12-490075-9	1	1	0	3	 
	34	1002338	0.002500	 	 	First
    Republic	12-495413-7	1	1	0	9	 
	35	1002338	0.002500	 	 	First
    Republic	12-495289-1	1	1	0	9	 
	36	1002338	0.002500	 	 	First
    Republic	12-494210-8	1	1	0	9	 
	37	1002338	0.002500	 	 	First
    Republic	12-495210-7	1	1	0	9	 
	38	1002338	0.002500	 	 	First
    Republic	12-494717-2	1	1	0	9	 
	39	1002338	0.002500	 	 	First
    Republic	12-494201-7	1	1	0	9	 
	40	1002338	0.002500	 	 	First
    Republic	12-493457-6	1	1	0	9	 
	41	1002338	0.002500	 	 	First
    Republic	12-493183-8	1	1	0	7	 
	42	1002338	0.002500	 	 	First
    Republic	12-492473-4	1	1	0	9	 
	43	1002338	0.002500	 	 	First
    Republic	12-494298-3	1	1	0	9	 
	44	1002338	0.002500	 	 	First
    Republic	12-494623-2	1	1	0	7	 
	45	1002338	0.002500	 	 	First
    Republic	12-494426-0	1	1	0	9	 
	46	1002338	0.002500	 	 	First
    Republic	12-494845-1	1	1	0	3	 
	47	1002338	0.002500	 	 	First
    Republic	12-494815-4	1	1	0	9	 
	48	1002338	0.002500	 	 	First
    Republic	12-494678-6	1	1	0	7	 
	49	1002338	0.002500	 	 	First
    Republic	12-494674-5	1	1	0	9	 
	50	1002338	0.002500	 	 	First
    Republic	12-494591-1	1	1	0	9	 
	51	1002338	0.002500	 	 	First
    Republic	12-494185-2	1	1	0	9	 
	52	1002338	0.002500	 	 	First
    Republic	12-492759-6	1	1	0	7	 
	53	1002338	0.002500	 	 	First
    Republic	12-494446-8	1	1	0	7	 
	54	1002338	0.002500	 	 	First
    Republic	12-494383-3	1	1	0	3	 
	55	1002338	0.002500	 	 	First
    Republic	12-494321-3	1	1	0	9	 
	56	1002338	0.002500	 	 	First
    Republic	12-493505-2	1	1	0	3	 
	57	1002338	0.002500	 	 	First
    Republic	12-491345-5	1	1	0	7	 
	58	1002338	0.002500	 	 	First
    Republic	12-493146-5	1	1	0	3	 
	59	1002338	0.002500	 	 	First
    Republic	12-494713-1	1	1	0	9	 
	60	1002338	0.002500	 	 	First
    Republic	12-496498-7	1	1	0	3	 


  


	 	12	13	14	15	16	17	18	19	20	21
	 	Total
    Origination 

    and Discount 

    Points	Covered/High
    Cost 

    Loan Indicator	Relocation
    Loan Indicator	Broker
    Indicator	Channel	Escrow
    Indicator	Senior
    Loan

    Amount(s)	Loan
    Type of Most

    Senior Lien	Hybrid
    Period of

    Most Senior Lien (in

    months)	Neg
    Am Limit of

    Most Senior Lien
	1	 	 	 	 	1	0	0	 	 	 
	2	 	 	 	 	1	0	0	 	 	 
	3	 	 	 	 	1	0	0	 	 	 
	4	 	 	 	 	1	0	0	 	 	 
	5	 	 	 	 	1	0	0	 	 	 
	6	 	 	 	 	1	0	0	 	 	 
	7	 	 	 	 	1	0	0	 	 	 
	8	 	 	 	 	1	0	0	 	 	 
	9	 	 	 	 	1	0	0	 	 	 
	10	 	 	 	 	1	0	0	 	 	 
	11	 	 	 	 	1	0	0	 	 	 
	12	 	 	 	 	1	0	0	 	 	 
	13	 	 	 	 	1	0	0	 	 	 
	14	 	 	 	 	1	0	0	 	 	 
	15	 	 	 	 	1	0	0	 	 	 
	16	 	 	 	 	1	0	0	 	 	 
	17	 	 	 	 	1	0	0	 	 	 
	18	 	 	 	 	1	0	0	 	 	 
	19	 	 	 	 	1	0	0	 	 	 
	20	 	 	 	 	1	0	0	 	 	 
	21	 	 	 	 	1	0	0	 	 	 
	22	 	 	 	 	1	0	0	 	 	 
	23	 	 	 	 	1	0	0	 	 	 
	24	 	 	 	 	1	0	0	 	 	 
	25	 	 	 	 	1	0	0	 	 	 
	26	 	 	 	 	1	0	0	 	 	 
	27	 	 	 	 	1	0	0	 	 	 
	28	 	 	 	 	1	0	0	 	 	 
	29	 	 	 	 	1	0	0	 	 	 
	30	 	 	 	 	1	0	0	 	 	 
	31	 	 	 	 	1	0	0	 	 	 
	32	 	 	 	 	1	0	0	 	 	 
	33	 	 	 	 	1	4	0	 	 	 
	34	 	 	 	 	1	0	0	 	 	 
	35	 	 	 	 	1	0	0	 	 	 
	36	 	 	 	 	1	0	0	 	 	 
	37	 	 	 	 	1	0	0	 	 	 
	38	 	 	 	 	1	0	0	 	 	 
	39	 	 	 	 	1	0	0	 	 	 
	40	 	 	 	 	1	0	0	 	 	 
	41	 	 	 	 	1	0	0	 	 	 
	42	 	 	 	 	1	0	0	 	 	 
	43	 	 	 	 	1	0	0	 	 	 
	44	 	 	 	 	1	0	0	 	 	 
	45	 	 	 	 	1	0	0	 	 	 
	46	 	 	 	 	1	0	0	 	 	 
	47	 	 	 	 	1	0	0	 	 	 
	48	 	 	 	 	1	0	0	 	 	 
	49	 	 	 	 	1	0	0	 	 	 
	50	 	 	 	 	1	0	0	 	 	 
	51	 	 	 	 	1	0	0	 	 	 
	52	 	 	 	 	1	0	0	 	 	 
	53	 	 	 	 	1	0	0	 	 	 
	54	 	 	 	 	1	0	0	 	 	 
	55	 	 	 	 	1	0	0	 	 	 
	56	 	 	 	 	1	0	0	 	 	 
	57	 	 	 	 	1	0	0	 	 	 
	58	 	 	 	 	1	0	0	 	 	 
	59	 	 	 	 	1	0	0	 	 	 
	60	 	 	 	 	1	0	0	 	 	 


  


	 	22	23	24	25	26	27	28	29	30
	 	Junior
    Mortgage

    Balance	Origination
    Date of

    Most Senior Lien	Origination
    Date	Original
    Loan

    Amount	Original
    Interest

    Rate	Original

    Amortization Term	Original
    Term to

    Maturity	First
    Payment Date

    of Loan	Interest
    Type

    Indicator
	1	300000.00	 	20121226	1300000.00	0.034000	240	240	20130301	1
	2	0.00	 	20130123	1000000.00	0.031000	240	240	20130301	1
	3	170000.00	 	20130108	690000.00	0.035500	360	360	20130301	1
	4	0.00	 	20121219	1028000.00	0.034500	360	360	20130201	1
	5	0.00	 	20121207	1900000.00	0.033500	240	240	20130201	1
	6	1000000.00	 	20121226	675000.00	0.031500	240	240	20130201	1
	7	200000.00	 	20121226	385000.00	0.031500	240	240	20130201	1
	8	0.00	 	20130103	711000.00	0.036500	360	360	20130301	1
	9	0.00	 	20121206	1239000.00	0.037000	360	360	20130201	1
	10	120000.00	 	20121217	765000.00	0.036500	360	360	20130201	1
	11	0.00	 	20121217	960000.00	0.037000	360	360	20130201	1
	12	0.00	 	20130110	600000.00	0.042000	360	360	20130301	1
	13	0.00	 	20121218	1330000.00	0.035000	360	360	20130201	1
	14	100000.00	 	20130103	750000.00	0.041500	360	360	20130301	1
	15	0.00	 	20130114	1875000.00	0.037500	360	360	20130301	1
	16	0.00	 	20130102	877500.00	0.037000	360	360	20130301	1
	17	0.00	 	20121130	792000.00	0.034500	360	360	20130201	1
	18	0.00	 	20130108	1280000.00	0.037000	360	360	20130301	1
	19	0.00	 	20130117	2000000.00	0.037500	360	360	20130301	1
	20	0.00	 	20130116	1600000.00	0.033500	360	360	20130301	1
	21	0.00	 	20121231	775000.00	0.036500	360	360	20130301	1
	22	0.00	 	20130114	955000.00	0.036500	360	360	20130301	1
	23	0.00	 	20121229	587000.00	0.037000	360	360	20130201	1
	24	0.00	 	20130107	1100000.00	0.036000	360	360	20130301	1
	25	0.00	 	20130115	1000000.00	0.035500	360	360	20130301	1
	26	500000.00	 	20121221	2029100.00	0.039000	360	360	20130201	1
	27	0.00	 	20130125	544000.00	0.036000	360	360	20130301	1
	28	0.00	 	20121206	1120000.00	0.036000	360	360	20130201	1
	29	0.00	 	20121220	2000000.00	0.036000	360	360	20130201	1
	30	180000.00	 	20121203	1060000.00	0.036500	360	360	20130201	1
	31	50000.00	 	20121217	945000.00	0.037000	360	360	20130201	1
	32	0.00	 	20121220	461000.00	0.037500	360	360	20130201	1
	33	160000.00	 	20121211	1000000.00	0.042000	360	360	20130201	1
	34	0.00	 	20121219	714000.00	0.038000	360	360	20130201	1
	35	0.00	 	20130123	700000.00	0.034500	360	360	20130301	1
	36	0.00	 	20121203	1828000.00	0.038000	360	360	20130201	1
	37	0.00	 	20130118	1040000.00	0.037500	360	360	20130301	1
	38	400000.00	 	20121228	710000.00	0.037500	360	360	20130301	1
	39	0.00	 	20121228	525966.00	0.040000	240	240	20130301	1
	40	0.00	 	20121226	740000.00	0.042500	360	360	20130201	1
	41	0.00	 	20130129	1347500.00	0.039500	360	360	20130301	1
	42	0.00	 	20121212	2107000.00	0.037500	360	360	20130101	1
	43	0.00	 	20130109	473843.00	0.035000	240	240	20130301	1
	44	0.00	 	20130115	1200000.00	0.036500	360	360	20130301	1
	45	0.00	 	20121211	1500000.00	0.037500	360	360	20130201	1
	46	183000.00	 	20130102	985000.00	0.035500	360	360	20130301	1
	47	0.00	 	20121212	1564966.00	0.036000	360	360	20130201	1
	48	0.00	 	20121107	1036000.00	0.031000	360	360	20130101	1
	49	0.00	 	20121210	3565000.00	0.036000	360	360	20130201	1
	50	0.00	 	20121126	1060000.00	0.036000	360	360	20130201	1
	51	100000.00	 	20121228	1232864.00	0.035000	360	360	20130301	1
	52	75000.00	 	20121025	417000.00	0.038500	360	360	20121201	1
	53	0.00	 	20121120	1257000.00	0.042500	360	360	20130101	1
	54	0.00	 	20121207	1100000.00	0.039000	360	360	20130201	1
	55	0.00	 	20121211	920000.00	0.037500	360	360	20130201	1
	56	0.00	 	20121115	600000.00	0.037500	360	360	20130101	1
	57	0.00	 	20121016	1002750.00	0.040000	360	360	20121201	1
	58	0.00	 	20130128	800000.00	0.036500	360	360	20130401	1
	59	0.00	 	20121217	1322800.00	0.038500	360	360	20130201	1
	60	200000.00	 	20121226	400000.00	0.031500	240	240	20130201	1


 


	 	31	32	33	34	35	36	37	38	39	40	41
	 	Original
    Interest

    Only Term	Buy
    Down Period	HELOC
    Draw 

    Period	Current
    Loan

    Amount	Current
    Interest

    Rate	Current
    Payment

    Amount Due	Interest
    Paid

    Through Date	Current
    Payment

    Status	Index
    Type	ARM
    Look-back

    Days	Gross
    Margin
	1	0	0	 	1300000.00	0.034000	7472.85	20130301	0	0	 	 
	2	0	0	 	996987.16	0.031000	5596.17	20130301	0	0	 	 
	3	0	0	 	688923.55	0.035500	3117.70	20130301	0	0	 	 
	4	0	0	 	1024731.23	0.034500	4587.54	20130301	0	0	 	 
	5	0	0	 	1888846.09	0.033500	10873.35	20130301	0	0	 	 
	6	0	0	 	670949.59	0.031500	3794.42	20130301	0	0	 	 
	7	0	0	 	382689.77	0.031500	2164.23	20130301	0	0	 	 
	8	0	0	 	709910.09	0.036500	3252.54	20130301	0	0	 	 
	9	120	0	 	1239000.00	0.037000	3820.25	20130301	0	0	 	 
	10	0	0	 	762651.05	0.036500	3499.57	20130301	0	0	 	 
	11	0	0	 	957078.06	0.037000	4418.72	20130301	0	0	 	 
	12	0	0	 	599165.89	0.042000	2934.10	20130301	0	0	 	 
	13	0	0	 	1325807.63	0.035000	5972.29	20130301	0	0	 	 
	14	0	0	 	748947.97	0.041500	3645.77	20130301	0	0	 	 
	15	120	0	 	1875000.00	0.037500	5859.38	20130301	0	0	 	 
	16	0	0	 	876166.64	0.037000	4038.98	20130301	0	0	 	 
	17	0	0	 	789481.65	0.034500	3534.37	20130301	0	0	 	 
	18	0	0	 	1278055.04	0.037000	5891.62	20130301	0	0	 	 
	19	120	0	 	2000000.00	0.037500	6250.00	20130301	0	0	 	 
	20	0	0	 	1597415.25	0.033500	7051.42	20130301	0	0	 	 
	21	0	0	 	773811.97	0.036500	3545.31	20130301	0	0	 	 
	22	0	0	 	953536.05	0.036500	4368.74	20130301	0	0	 	 
	23	0	0	 	585213.35	0.037000	2701.86	20130301	0	0	 	 
	24	0	0	 	1098298.90	0.036000	5001.10	20130301	0	0	 	 
	25	120	0	 	1000000.00	0.035500	2958.33	20130301	0	0	 	 
	26	120	0	 	2029100.00	0.039000	6594.58	20130301	0	0	 	 
	27	0	0	 	543158.72	0.036000	2473.27	20130301	0	0	 	 
	28	0	0	 	1116530.74	0.036000	5092.03	20130301	0	0	 	 
	29	0	0	 	1993804.90	0.036000	9092.91	20130301	0	0	 	 
	30	0	0	 	1050952.00	0.036500	4849.07	20130301	0	0	 	 
	31	0	0	 	942123.71	0.037000	4349.67	20130301	0	0	 	 
	32	0	0	 	459609.15	0.037500	2134.96	20130301	0	0	 	 
	33	0	0	 	997214.77	0.042000	4890.17	20130301	0	0	 	 
	34	0	0	 	711864.74	0.038000	3326.94	20130301	0	0	 	 
	35	0	0	 	698888.69	0.034500	3123.81	20130301	0	0	 	 
	36	0	0	 	1822533.27	0.038000	8517.70	20130301	0	0	 	 
	37	0	0	 	1038433.59	0.037500	4816.40	20130301	0	0	 	 
	38	0	0	 	708930.62	0.037500	3288.12	20130301	0	0	 	 
	39	0	0	 	524531.96	0.040000	3187.25	20130301	0	0	 	 
	40	0	0	 	737235.51	0.042500	3640.36	20130301	0	0	 	 
	41	120	0	 	1347500.00	0.039500	4435.52	20130301	0	0	 	 
	42	0	0	 	2097449.80	0.037500	9757.85	20130301	0	0	 	 
	43	0	0	 	472476.94	0.035000	2748.10	20130301	0	0	 	 
	44	0	0	 	1198160.48	0.036500	5489.51	20130301	0	0	 	 
	45	0	0	 	1495474.46	0.037500	6946.73	20130301	0	0	 	 
	46	0	0	 	983463.33	0.035500	4450.63	20130301	0	0	 	 
	47	0	0	 	1560118.44	0.036000	7115.05	20130301	0	0	 	 
	48	0	0	 	1030948.84	0.031000	4423.89	20130301	0	0	 	 
	49	0	0	 	3553957.24	0.036000	16208.11	20130301	0	0	 	 
	50	0	0	 	1055713.58	0.036000	4819.24	20130301	0	0	 	 
	51	0	0	 	1230923.73	0.035000	5536.11	20130301	0	0	 	 
	52	0	0	 	414519.85	0.038500	1954.93	20130301	0	0	 	 
	53	0	0	 	1251786.14	0.042500	6183.68	20130301	0	0	 	 
	54	120	0	 	1100000.00	0.039000	3575.00	20130301	0	0	 	 
	55	0	0	 	917224.33	0.037500	4260.66	20130301	0	0	 	 
	56	0	0	 	597280.42	0.037500	2778.69	20130301	0	0	 	 
	57	0	0	 	996941.87	0.040000	4787.28	20130301	0	0	 	 
	58	120	0	 	800000.00	0.036500	2433.33	20130301	0	0	 	 
	59	120	0	 	1322800.00	0.038500	4243.98	20130301	0	0	 	 
	60	0	0	 	397599.75	0.031500	2248.55	20130301	0	0	 	 


 


	 	42	43	44	45	46	47	48	49	50	51	52
	 	ARM
    Round Flag	ARM
    Round Factor	Initial
    Fixed Rate

    Period	Initial
    Interest Rate

    Cap (Change Up)	Initial
    Interest Rate

    Cap (Change Down)	Subsequent
    Interest

    Rate Reset Period	Subsequent
    Interest

    Rate Cap (Change Down)	Subsequent
    Interest

    Rate Cap (Change

    Up)	Lifetime
    Maximum

    Rate (Ceiling)	Lifetime
    Minimum

    Rate (Floor)	Negative

    Amortization Limit
	1	 	 	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 	 	 
	8	 	 	 	 	 	 	 	 	 	 	 
	9	 	 	 	 	 	 	 	 	 	 	 
	10	 	 	 	 	 	 	 	 	 	 	 
	11	 	 	 	 	 	 	 	 	 	 	 
	12	 	 	 	 	 	 	 	 	 	 	 
	13	 	 	 	 	 	 	 	 	 	 	 
	14	 	 	 	 	 	 	 	 	 	 	 
	15	 	 	 	 	 	 	 	 	 	 	 
	16	 	 	 	 	 	 	 	 	 	 	 
	17	 	 	 	 	 	 	 	 	 	 	 
	18	 	 	 	 	 	 	 	 	 	 	 
	19	 	 	 	 	 	 	 	 	 	 	 
	20	 	 	 	 	 	 	 	 	 	 	 
	21	 	 	 	 	 	 	 	 	 	 	 
	22	 	 	 	 	 	 	 	 	 	 	 
	23	 	 	 	 	 	 	 	 	 	 	 
	24	 	 	 	 	 	 	 	 	 	 	 
	25	 	 	 	 	 	 	 	 	 	 	 
	26	 	 	 	 	 	 	 	 	 	 	 
	27	 	 	 	 	 	 	 	 	 	 	 
	28	 	 	 	 	 	 	 	 	 	 	 
	29	 	 	 	 	 	 	 	 	 	 	 
	30	 	 	 	 	 	 	 	 	 	 	 
	31	 	 	 	 	 	 	 	 	 	 	 
	32	 	 	 	 	 	 	 	 	 	 	 
	33	 	 	 	 	 	 	 	 	 	 	 
	34	 	 	 	 	 	 	 	 	 	 	 
	35	 	 	 	 	 	 	 	 	 	 	 
	36	 	 	 	 	 	 	 	 	 	 	 
	37	 	 	 	 	 	 	 	 	 	 	 
	38	 	 	 	 	 	 	 	 	 	 	 
	39	 	 	 	 	 	 	 	 	 	 	 
	40	 	 	 	 	 	 	 	 	 	 	 
	41	 	 	 	 	 	 	 	 	 	 	 
	42	 	 	 	 	 	 	 	 	 	 	 
	43	 	 	 	 	 	 	 	 	 	 	 
	44	 	 	 	 	 	 	 	 	 	 	 
	45	 	 	 	 	 	 	 	 	 	 	 
	46	 	 	 	 	 	 	 	 	 	 	 
	47	 	 	 	 	 	 	 	 	 	 	 
	48	 	 	 	 	 	 	 	 	 	 	 
	49	 	 	 	 	 	 	 	 	 	 	 
	50	 	 	 	 	 	 	 	 	 	 	 
	51	 	 	 	 	 	 	 	 	 	 	 
	52	 	 	 	 	 	 	 	 	 	 	 
	53	 	 	 	 	 	 	 	 	 	 	 
	54	 	 	 	 	 	 	 	 	 	 	 
	55	 	 	 	 	 	 	 	 	 	 	 
	56	 	 	 	 	 	 	 	 	 	 	 
	57	 	 	 	 	 	 	 	 	 	 	 
	58	 	 	 	 	 	 	 	 	 	 	 
	59	 	 	 	 	 	 	 	 	 	 	 
	60	 	 	 	 	 	 	 	 	 	 	 


 


	 	53	54	55	56	57	58	59	60	61	62	63
	 	Initial
    Negative

    Amortization Recast

    Period	Subsequent

    Negative

    Amortization Recast

    Period	Initial
    Fixed

    Payment Period	Subsequent

    Payment Reset

    Period	Initial
    Periodic

    Payment Cap	Subsequent

    Periodic Payment

    Cap	Initial
    Minimum

    Payment Reset

    Period	Subsequent

    Minimum Payment

    Reset Period	Option
    ARM

    Indicator	Options
    at Recast	Initial
    Minimum

    Payment
	1	 	 	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 	 	 
	8	 	 	 	 	 	 	 	 	 	 	 
	9	 	 	 	 	 	 	 	 	 	 	 
	10	 	 	 	 	 	 	 	 	 	 	 
	11	 	 	 	 	 	 	 	 	 	 	 
	12	 	 	 	 	 	 	 	 	 	 	 
	13	 	 	 	 	 	 	 	 	 	 	 
	14	 	 	 	 	 	 	 	 	 	 	 
	15	 	 	 	 	 	 	 	 	 	 	 
	16	 	 	 	 	 	 	 	 	 	 	 
	17	 	 	 	 	 	 	 	 	 	 	 
	18	 	 	 	 	 	 	 	 	 	 	 
	19	 	 	 	 	 	 	 	 	 	 	 
	20	 	 	 	 	 	 	 	 	 	 	 
	21	 	 	 	 	 	 	 	 	 	 	 
	22	 	 	 	 	 	 	 	 	 	 	 
	23	 	 	 	 	 	 	 	 	 	 	 
	24	 	 	 	 	 	 	 	 	 	 	 
	25	 	 	 	 	 	 	 	 	 	 	 
	26	 	 	 	 	 	 	 	 	 	 	 
	27	 	 	 	 	 	 	 	 	 	 	 
	28	 	 	 	 	 	 	 	 	 	 	 
	29	 	 	 	 	 	 	 	 	 	 	 
	30	 	 	 	 	 	 	 	 	 	 	 
	31	 	 	 	 	 	 	 	 	 	 	 
	32	 	 	 	 	 	 	 	 	 	 	 
	33	 	 	 	 	 	 	 	 	 	 	 
	34	 	 	 	 	 	 	 	 	 	 	 
	35	 	 	 	 	 	 	 	 	 	 	 
	36	 	 	 	 	 	 	 	 	 	 	 
	37	 	 	 	 	 	 	 	 	 	 	 
	38	 	 	 	 	 	 	 	 	 	 	 
	39	 	 	 	 	 	 	 	 	 	 	 
	40	 	 	 	 	 	 	 	 	 	 	 
	41	 	 	 	 	 	 	 	 	 	 	 
	42	 	 	 	 	 	 	 	 	 	 	 
	43	 	 	 	 	 	 	 	 	 	 	 
	44	 	 	 	 	 	 	 	 	 	 	 
	45	 	 	 	 	 	 	 	 	 	 	 
	46	 	 	 	 	 	 	 	 	 	 	 
	47	 	 	 	 	 	 	 	 	 	 	 
	48	 	 	 	 	 	 	 	 	 	 	 
	49	 	 	 	 	 	 	 	 	 	 	 
	50	 	 	 	 	 	 	 	 	 	 	 
	51	 	 	 	 	 	 	 	 	 	 	 
	52	 	 	 	 	 	 	 	 	 	 	 
	53	 	 	 	 	 	 	 	 	 	 	 
	54	 	 	 	 	 	 	 	 	 	 	 
	55	 	 	 	 	 	 	 	 	 	 	 
	56	 	 	 	 	 	 	 	 	 	 	 
	57	 	 	 	 	 	 	 	 	 	 	 
	58	 	 	 	 	 	 	 	 	 	 	 
	59	 	 	 	 	 	 	 	 	 	 	 
	60	 	 	 	 	 	 	 	 	 	 	 


 


	 	64	65	66	67	68	69	70	71	72	73
	 	Current
    Minimum

    Payment	Prepayment
    Penalty

    Calculation	Prepayment
    Penalty

    Type	Prepayment
    Penalty

    Total Term	Prepayment
    Penalty

    Hard Term	Primary
    Borrower ID	Number
    of

    Mortgaged

    Properties	Total
    Number of

    Borrowers	Self-employment

    Flag	Current
    ‘Other’

    Monthly Payment
	1	 	99	99	60	 	119	1	 	0	 
	2	 	 	 	0	 	586	1	 	0	 
	3	 	99	99	60	 	29	1	 	0	 
	4	 	99	99	60	 	23	2	 	0	 
	5	 	99	99	60	 	522	4	 	0	 
	6	 	99	99	60	 	1	3	 	0	 
	7	 	99	99	60	 	1	3	 	0	 
	8	 	99	99	60	 	172	1	 	0	 
	9	 	99	99	60	 	470	1	 	0	 
	10	 	99	99	60	 	534	1	 	0	 
	11	 	99	99	60	 	703	2	 	0	 
	12	 	99	99	60	 	209	2	 	0	 
	13	 	99	99	60	 	371	2	 	0	 
	14	 	99	99	60	 	669	2	 	0	 
	15	 	99	99	60	 	144	2	 	1	 
	16	 	99	99	60	 	658	3	 	1	 
	17	 	99	99	60	 	54	1	 	0	 
	18	 	 	 	0	 	693	1	 	1	 
	19	 	99	99	60	 	125	1	 	0	 
	20	 	99	99	60	 	75	1	 	0	 
	21	 	99	99	60	 	326	1	 	0	 
	22	 	99	99	60	 	56	3	 	0	 
	23	 	99	99	60	 	488	2	 	0	 
	24	 	99	99	60	 	619	1	 	0	 
	25	 	99	99	60	 	77	2	 	0	 
	26	 	99	99	60	 	288	2	 	0	 
	27	 	99	99	60	 	122	2	 	0	 
	28	 	99	99	60	 	622	1	 	0	 
	29	 	99	99	60	 	307	3	 	1	 
	30	 	99	99	60	 	612	2	 	0	 
	31	 	99	99	60	 	584	1	 	0	 
	32	 	99	99	60	 	580	1	 	0	 
	33	 	99	99	60	 	374	4	 	0	 
	34	 	99	99	60	 	621	1	 	1	 
	35	 	99	99	60	 	674	2	 	1	 
	36	 	99	99	60	 	207	2	 	0	 
	37	 	99	99	36	 	79	2	 	0	 
	38	 	99	99	60	 	466	3	 	1	 
	39	 	99	99	60	 	2	3	 	0	 
	40	 	99	99	60	 	324	4	 	0	 
	41	 	99	99	36	 	447	1	 	0	 
	42	 	99	99	60	 	654	3	 	0	 
	43	 	99	99	60	 	636	1	 	1	 
	44	 	99	99	60	 	15	3	 	1	 
	45	 	99	99	60	 	423	1	 	0	 
	46	 	 	 	0	 	159	1	 	1	 
	47	 	99	99	60	 	533	1	 	1	 
	48	 	99	99	60	 	156	2	 	0	 
	49	 	99	99	60	 	646	3	 	0	 
	50	 	99	99	60	 	642	1	 	1	 
	51	 	99	99	60	 	2	3	 	0	 
	52	 	 	 	0	 	614	3	 	1	 
	53	 	99	99	60	 	618	2	 	1	 
	54	 	99	99	60	 	588	2	 	0	 
	55	 	99	99	60	 	379	1	 	1	 
	56	 	99	99	60	 	137	2	 	0	 
	57	 	99	99	60	 	14	1	 	0	 
	58	 	 	 	0	 	103	1	 	1	 
	59	 	99	99	60	 	193	1	 	0	 
	60	 	 	 	0	 	1	3	 	0	 


  


	 	74	75	76	77	78	79	80	81	82	83	84
	 	Length
    of

    Employment:

    Borrower	Length
    of

    Employment: Co-

    Borrower	Years
    in Home	FICO
    Model Used	Most
    Recent FICO

    Date	Primary
    Wage

    Earner Original

    FICO: Equifax	Primary
    Wage

    Earner Original

    FICO: Experian	Primary
    Wage

    Earner Original

    FICO: TransUnion	Secondary
    Wage

    Earner Original

    FICO: Equifax	Secondary
    Wage

    Earner Original

    FICO: Experian	Secondary
    Wage

    Earner Original

    FICO: TransUnion
	1	11.5	 	14	1	 	 	 	 	 	 	 
	2	10	 	2	1	 	 	 	 	 	 	 
	3	12	2	5	1	 	 	 	 	 	 	 
	4	3.5	 	0	1	 	 	 	 	 	 	 
	5	30	 	0	1	 	 	 	 	 	 	 
	6	22	 	19	1	 	 	 	 	 	 	 
	7	0	 	0	1	 	 	 	 	 	 	 
	8	4	 	4	1	 	 	 	 	 	 	 
	9	2.5	 	0	1	 	 	 	 	 	 	 
	10	4	5	1	1	 	 	 	 	 	 	 
	11	4	 	1	1	 	 	 	 	 	 	 
	12	4	1	0	1	 	 	 	 	 	 	 
	13	2	 	1	1	 	 	 	 	 	 	 
	14	10	4	0	1	 	 	 	 	 	 	 
	15	0	11	0	1	 	 	 	 	 	 	 
	16	7	3	11	1	 	 	 	 	 	 	 
	17	0	25	6	1	 	 	 	 	 	 	 
	18	9	 	3	1	 	 	 	 	 	 	 
	19	1	 	0	1	 	 	 	 	 	 	 
	20	5	16	4	1	 	 	 	 	 	 	 
	21	1.25	 	14	1	 	 	 	 	 	 	 
	22	7	 	0	1	 	 	 	 	 	 	 
	23	0	 	2	1	 	 	 	 	 	 	 
	24	27	 	0	1	 	 	 	 	 	 	 
	25	4	 	1	1	 	 	 	 	 	 	 
	26	2	 	0	1	 	 	 	 	 	 	 
	27	33	 	0	1	 	 	 	 	 	 	 
	28	7	6	0	1	 	 	 	 	 	 	 
	29	12	3	0	1	 	 	 	 	 	 	 
	30	30	 	8	1	 	 	 	 	 	 	 
	31	10	4	5	1	 	 	 	 	 	 	 
	32	1	 	8	1	 	 	 	 	 	 	 
	33	0	 	0	1	 	 	 	 	 	 	 
	34	26	 	7	1	 	 	 	 	 	 	 
	35	6	 	2	1	 	 	 	 	 	 	 
	36	11	11	4	1	 	 	 	 	 	 	 
	37	3	 	0	1	 	 	 	 	 	 	 
	38	30	 	29	1	 	 	 	 	 	 	 
	39	3	 	0	1	 	 	 	 	 	 	 
	40	0	 	0	1	 	 	 	 	 	 	 
	41	7	 	0	1	 	 	 	 	 	 	 
	42	3	 	1	1	 	 	 	 	 	 	 
	43	27	 	10	1	 	 	 	 	 	 	 
	44	7	 	0	1	 	 	 	 	 	 	 
	45	2	2	6	1	 	 	 	 	 	 	 
	46	20	15	2	1	 	 	 	 	 	 	 
	47	1	26	5	1	 	 	 	 	 	 	 
	48	2	 	0	1	 	 	 	 	 	 	 
	49	0	 	0	1	 	 	 	 	 	 	 
	50	5	6	2	1	 	 	 	 	 	 	 
	51	3	 	1	1	 	 	 	 	 	 	 
	52	25	 	0	1	 	 	 	 	 	 	 
	53	20	13	0	1	 	 	 	 	 	 	 
	54	17	 	1	1	 	 	 	 	 	 	 
	55	6	 	1	1	 	 	 	 	 	 	 
	56	0	 	45	1	 	 	 	 	 	 	 
	57	0	 	0	1	 	 	 	 	 	 	 
	58	10	2.5	11	1	 	 	 	 	 	 	 
	59	0	 	4	1	 	 	 	 	 	 	 
	60	22	 	0	1	 	 	 	 	 	 	 


 


	 	85	86	87	88	89	90	91	92	93	94	95	96
	 	Original

    Primary Borrower

    FICO	Most
    Recent

    Primary Borrower

    FICO	Most
    Recent Co-

    Borrower FICO	Most
    Recent FICO

    Method	VantageScore:

    Primary Borrower	VantageScore:
    Co-

    Borrower	Most
    Recent

    VantageScore

    Method	VantageScore
    

    Date	Credit
    Report:

    Longest Trade Line	Credit
    Report:

    Maximum Trade

    Line	Credit
    Report:

    Number of Trade

    Lines	Credit
    Line Usage

    Ratio
	1	794	 	 	 	 	 	 	 	 	 	 	 
	2	781	 	 	 	 	 	 	 	 	 	 	 
	3	803	 	 	 	 	 	 	 	 	 	 	 
	4	790	 	 	 	 	 	 	 	 	 	 	 
	5	767	 	 	 	 	 	 	 	 	 	 	 
	6	697	 	 	 	 	 	 	 	 	 	 	 
	7	697	 	 	 	 	 	 	 	 	 	 	 
	8	783	 	 	 	 	 	 	 	 	 	 	 
	9	807	 	 	 	 	 	 	 	 	 	 	 
	10	797	 	 	 	 	 	 	 	 	 	 	 
	11	769	 	 	 	 	 	 	 	 	 	 	 
	12	739	 	 	 	 	 	 	 	 	 	 	 
	13	724	 	 	 	 	 	 	 	 	 	 	 
	14	750	 	 	 	 	 	 	 	 	 	 	 
	15	759	 	 	 	 	 	 	 	 	 	 	 
	16	782	 	 	 	 	 	 	 	 	 	 	 
	17	809	 	 	 	 	 	 	 	 	 	 	 
	18	767	 	 	 	 	 	 	 	 	 	 	 
	19	737	 	 	 	 	 	 	 	 	 	 	 
	20	759	 	 	 	 	 	 	 	 	 	 	 
	21	779	 	 	 	 	 	 	 	 	 	 	 
	22	791	 	 	 	 	 	 	 	 	 	 	 
	23	780	 	 	 	 	 	 	 	 	 	 	 
	24	766	 	 	 	 	 	 	 	 	 	 	 
	25	793	 	 	 	 	 	 	 	 	 	 	 
	26	769	 	 	 	 	 	 	 	 	 	 	 
	27	801	 	 	 	 	 	 	 	 	 	 	 
	28	788	 	 	 	 	 	 	 	 	 	 	 
	29	767	 	 	 	 	 	 	 	 	 	 	 
	30	806	 	 	 	 	 	 	 	 	 	 	 
	31	802	 	 	 	 	 	 	 	 	 	 	 
	32	771	 	 	 	 	 	 	 	 	 	 	 
	33	790	 	 	 	 	 	 	 	 	 	 	 
	34	697	 	 	 	 	 	 	 	 	 	 	 
	35	786	 	 	 	 	 	 	 	 	 	 	 
	36	776	 	 	 	 	 	 	 	 	 	 	 
	37	814	 	 	 	 	 	 	 	 	 	 	 
	38	780	 	 	 	 	 	 	 	 	 	 	 
	39	766	 	 	 	 	 	 	 	 	 	 	 
	40	807	 	 	 	 	 	 	 	 	 	 	 
	41	757	 	 	 	 	 	 	 	 	 	 	 
	42	743	 	 	 	 	 	 	 	 	 	 	 
	43	763	 	 	 	 	 	 	 	 	 	 	 
	44	777	 	 	 	 	 	 	 	 	 	 	 
	45	806	 	 	 	 	 	 	 	 	 	 	 
	46	780	 	 	 	 	 	 	 	 	 	 	 
	47	769	 	 	 	 	 	 	 	 	 	 	 
	48	803	 	 	 	 	 	 	 	 	 	 	 
	49	752	 	 	 	 	 	 	 	 	 	 	 
	50	798	 	 	 	 	 	 	 	 	 	 	 
	51	766	 	 	 	 	 	 	 	 	 	 	 
	52	791	 	 	 	 	 	 	 	 	 	 	 
	53	795	 	 	 	 	 	 	 	 	 	 	 
	54	788	 	 	 	 	 	 	 	 	 	 	 
	55	790	 	 	 	 	 	 	 	 	 	 	 
	56	803	 	 	 	 	 	 	 	 	 	 	 
	57	777	 	 	 	 	 	 	 	 	 	 	 
	58	708	 	 	 	 	 	 	 	 	 	 	 
	59	794	 	 	 	 	 	 	 	 	 	 	 
	60	697	 	 	 	 	 	 	 	 	 	 	 


  


	 	97	98	99	100	101	102	103	104
	 	Most
    Recent 12-

    month Pay History	Months
    Bankruptcy	Months
    

    Foreclosure	Primary
    Borrower

    Wage Income	Co-Borrower
    

    Wage

    Income	Primary
    Borrower

    Other Income	Co-Borrower
    Other

    Income	All
    Borrower Wage

    Income
	1	000000000000	 	 	41666.67	0.00	0.00	0.00	41666.67
	2	000000000000	 	 	57500.00	0.00	0.00	0.00	57500.00
	3	000000000000	 	 	25701.88	10416.66	32491.67	0.00	36118.54
	4	000000000000	 	 	18333.34	0.00	7250.00	0.00	18333.34
	5	000000000000	 	 	80294.00	 	0.00	 	80294.00
	6	000000000000	 	 	44633.33	0.00	29942.00	0.00	44633.33
	7	000000000000	 	 	44633.33	0.00	29942.00	0.00	44633.33
	8	000000000000	 	 	0.00	0.00	28348.41	0.00	0.00
	9	000000000000	 	 	0.00	0.00	37480.72	0.00	0.00
	10	000000000000	 	 	23498.00	0.00	0.00	5559.25	23498.00
	11	000000000000	 	 	20833.00	 	17516.00	 	20833.00
	12	000000000000	 	 	9638.13	7333.33	0.00	0.00	16971.46
	13	000000000000	 	 	48333.00	0.00	0.00	0.00	48333.00
	14	000000000000	 	 	14025.00	0.00	14712.25	0.00	14025.00
	15	000000000000	 	 	47916.00	47916.00	0.00	0.00	95832.00
	16	000000000000	 	 	18816.92	0.00	0.00	0.00	18816.92
	17	000000000000	 	 	0.00	0.00	20620.82	0.00	0.00
	18	000000000000	 	 	50287.00	0.00	0.00	0.00	50287.00
	19	000000000000	 	 	20833.33	 	18995.21	 	20833.33
	20	000000000000	 	 	0.00	0.00	20988.00	4029.00	0.00
	21	000000000000	 	 	15300.00	0.00	0.00	0.00	15300.00
	22	000000000000	 	 	39958.34	 	0.00	 	39958.34
	23	000000000000	 	 	10419.07	0.00	905.75	0.00	10419.07
	24	000000000000	 	 	130289.08	0.00	0.00	0.00	130289.08
	25	000000000000	 	 	37131.00	 	0.00	 	37131.00
	26	000000000000	 	 	38625.00	0.00	37500.00	0.00	38625.00
	27	000000000000	 	 	41416.00	 	0.00	 	41416.00
	28	000000000000	 	 	28901.25	22794.83	13126.58	20566.59	51696.08
	29	000000000000	 	 	81027.55	7075.67	0.00	0.00	88103.22
	30	000000000000	 	 	12500.00	 	17631.48	 	12500.00
	31	000000000000	 	 	15740.00	10075.00	0.00	0.00	25815.00
	32	000000000000	 	 	15583.33	 	0.00	 	15583.33
	33	000000000000	 	 	0.00	0.00	13109.75	1054.01	0.00
	34	000000000000	 	 	14314.75	 	5392.05	 	14314.75
	35	000000000000	 	 	27928.33	0.00	27928.33	0.00	27928.33
	36	000000000000	 	 	0.00	49166.67	0.00	0.00	49166.67
	37	000000000000	 	 	18750.00	 	30416.67	 	18750.00
	38	000000000000	 	 	0.00	 	15195.82	 	0.00
	39	000000000000	 	 	47018.00	0.00	0.00	0.00	47018.00
	40	000000000000	 	 	0.00	 	7113.25	 	0.00
	41	000000000000	 	 	16666.66	0.00	52399.16	0.00	16666.66
	42	000000000000	 	 	0.00	0.00	0.00	64176.00	0.00
	43	000000000000	 	 	0.00	 	9000.00	 	0.00
	44	000000000000	 	 	0.00	0.00	25451.00	0.00	0.00
	45	000000000000	 	 	35416.66	6250.00	0.00	0.00	41666.66
	46	000000000000	 	 	0.00	29323.00	40482.75	0.00	29323.00
	47	000000000000	 	 	0.00	0.00	33881.00	14467.00	0.00
	48	000000000000	 	 	45603.00	 	0.00	 	45603.00
	49	000000000000	 	 	0.00	0.00	0.00	23751.34	0.00
	50	000000000000	 	 	21537.79	0.00	0.00	0.00	21537.79
	51	000000000000	 	 	47018.00	0.00	0.00	0.00	47018.00
	52	000000000000	 	 	13378.22	 	31061.41	 	13378.22
	53	000000000000	 	 	22274.00	29200.00	0.00	0.00	51474.00
	54	000000000000	 	 	0.00	0.00	24745.83	0.00	0.00
	55	000000000000	 	 	0.00	0.00	69315.00	0.00	0.00
	56	000000000000	 	 	0.00	0.00	0.00	13009.01	0.00
	57	000000000000	 	 	0.00	 	51746.00	 	0.00
	58	000000000000	 	 	0.00	5320.35	14148.92	0.00	5320.35
	59	000000000000	 	 	16666.66	0.00	0.00	0.00	16666.66
	60	000000000000	 	 	44633.34	0.00	29941.67	0.00	44633.34


 


	 	105	106	107	108	109	110	111	112	113
	 	All
    Borrower Total

    Income	4506-T
    Indicator	Borrower
    Income

    Verification Level	Co-Borrower

    Income Verification	Borrower

    Employment

    Verification	Co-Borrower

    Employment

    Verification	Borrower
    Asset

    Verification	Co-Borrower
    Asset

    Verification	Liquid
    / Cash

    Reserves
	1	41666.67	0	5	 	2	 	4	 	1007085.00
	2	57500.00	0	5	 	2	 	4	 	2109314.00
	3	68610.21	0	5	 	2	 	4	 	823661.92
	4	25583.34	0	5	 	2	 	4	 	556926.82
	5	80294.00	0	5	 	2	 	4	 	10772640.00
	6	74575.33	0	5	 	2	 	4	 	9649651.24
	7	74575.33	0	5	 	2	 	4	 	10701687.83
	8	28348.41	0	5	 	2	 	4	 	2326464.00
	9	37480.72	0	5	 	2	 	4	 	732391.92
	10	29057.25	0	5	 	2	 	4	 	548505.27
	11	38349.00	0	5	 	2	 	4	 	734501.68
	12	16971.46	0	5	 	2	 	4	 	130464.79
	13	48333.00	0	5	 	2	 	4	 	837007.79
	14	28737.25	0	5	 	2	 	4	 	363543.00
	15	95832.00	0	4	 	2	 	4	 	1007882.18
	16	18816.92	0	4	 	2	 	4	 	732081.28
	17	20620.82	0	5	 	2	 	4	 	886318.43
	18	50287.00	0	4	 	2	 	4	 	508142.64
	19	39828.54	0	5	 	2	 	4	 	1133382.39
	20	25017.00	0	5	 	2	 	4	 	1271083.72
	21	15300.00	0	5	 	2	 	4	 	76250.00
	22	39958.34	0	5	 	2	 	4	 	276591.29
	23	11324.82	0	5	 	2	 	4	 	312564.30
	24	130289.08	0	5	 	2	 	4	 	603800.72
	25	37131.00	0	5	 	2	 	4	 	6418931.03
	26	76125.00	0	5	 	2	 	4	 	2712933.82
	27	41416.00	0	5	 	2	 	4	 	1044518.00
	28	85389.25	0	5	 	2	 	4	 	1399068.60
	29	88103.22	0	4	 	2	 	3	 	658992.06
	30	30131.48	0	5	 	2	 	4	 	2124166.32
	31	25815.00	0	5	 	2	 	4	 	47263.58
	32	15583.33	0	5	 	2	 	4	 	217705.42
	33	14163.76	0	5	 	2	 	4	 	671847.32
	34	19706.80	0	5	 	2	 	3	 	7524454.31
	35	55856.66	0	4	 	2	 	4	 	3845390.25
	36	49166.67	0	5	 	2	 	4	 	94705.15
	37	49166.67	0	5	 	2	 	4	 	332309.76
	38	15195.82	0	4	 	2	 	4	 	1741686.00
	39	47018.00	0	5	 	2	 	4	 	196470.26
	40	7113.25	0	5	 	2	 	4	 	673269.08
	41	69065.82	0	5	 	2	 	4	 	796892.94
	42	64176.00	0	5	 	2	 	4	 	327141.00
	43	9000.00	0	4	 	2	 	4	 	201802.02
	44	25451.00	0	4	 	2	 	4	 	922892.72
	45	41666.66	0	5	 	2	 	4	 	315597.42
	46	69805.75	0	4	 	2	 	4	 	604554.00
	47	48348.00	0	4	 	2	 	4	 	861488.61
	48	45603.00	0	5	 	2	 	4	 	4922852.93
	49	23751.34	0	5	 	2	 	4	 	2612658.89
	50	21537.79	0	5	 	2	 	3	 	74268.20
	51	47018.00	0	5	 	2	 	4	 	449247.32
	52	44439.63	0	4	 	2	 	4	 	711193.25
	53	51474.00	0	4	 	2	 	4	 	1446698.78
	54	24745.83	0	5	 	2	 	4	 	451865.62
	55	69315.00	0	4	 	2	 	4	 	192671.20
	56	13009.01	0	5	 	2	 	4	 	2307487.80
	57	51746.00	0	5	 	2	 	4	 	16156061.58
	58	19469.27	0	4	 	2	 	4	 	675977.00
	59	16666.66	0	5	 	2	 	4	 	89983.44
	60	74575.01	0	5	 	2	 	4	 	722849.35


 


	 	114	115	116	117	118	119	120	121	122
	 	Monthly
    Debt All

    Borrowers	Originator
    DTI	Fully
    Indexed Rate	Qualification

    Method	Percentage
    of Down

    Payment from

    Borrower Own

    Funds	City	State	Postal
    Code	Property
    Type
	1	11634.75	0.279234	 	 	 	SAN
    FRANCISCO	CA	94118	1
	2	8992.94	0.156399	 	 	 	TIBURON	CA	94920	1
	3	7584.65	0.110547	 	 	 	SAN
    FRANCISCO	CA	94116	1
	4	5673.11	0.221750	 	 	100.000000	ORINDA	CA	94563	1
	5	26207.16	0.326390	 	 	100.000000	HOMEWOOD	CA	96141	3
	6	24201.86	0.324529	 	 	 	LINCOLN	MA	01773	1
	7	23159.59	0.310553	 	 	 	CHATHAM	MA	02633	1
	8	5954.78	0.210057	 	 	 	Novato	CA	94949	1
	9	7315.75	0.195187	 	 	100.000000	COTO
    DE CAZA	CA	92679	7
	10	6576.88	0.226342	 	 	 	TIBURON	CA	94920	1
	11	9372.96	0.244412	 	 	 	MILL
    VALLEY	CA	94941	1
	12	7267.84	0.428239	 	 	 	San
    Mateo	CA	94401	14
	13	11708.72	0.242251	 	 	 	ORINDA	CA	94563	1
	14	11952.28	0.415916	 	 	 	SAN
    FRANCISCO	CA	94123	3
	15	16625.70	0.173488	 	 	100.000000	BROOKLYN	NY	11217	12
	16	7176.32	0.381376	 	 	 	SAN
    DIEGO	CA	92130	1
	17	5592.06	0.271185	 	 	 	PALO
    ALTO	CA	94301	1
	18	8906.08	0.177105	 	 	 	LOS
    ANGELES	CA	90036	1
	19	12246.48	0.307480	 	 	100.000000	Manhattan
    Beach	CA	90266	1
	20	10971.93	0.438579	 	 	 	Los
    Gatos	CA	95032	1
	21	5059.34	0.330676	 	 	 	SAN
    FRANCISCO	CA	94121	1
	22	15434.43	0.386263	 	 	 	STINSON
    BEACH	CA	94970	1
	23	6649.49	0.587161	 	 	 	LAKE
    OSWEGO	OR	97034	1
	24	15289.94	0.117354	 	 	 	Orinda	CA	94563	1
	25	8742.35	0.235446	 	 	 	NEW
    YORK	NY	10128	2
	26	23021.57	0.302418	 	 	100.000000	WATER
    MILL	NY	11976	1
	27	9224.13	0.222719	 	 	 	NEW
    YORK	NY	10011	4
	28	7191.23	0.084217	 	 	 	Claremont	CA	91711	1
	29	29490.00	0.334721	 	 	100.000000	ENCINITAS	CA	92024	1
	30	9575.66	0.317796	 	 	 	SAN
    FRANCISCO	CA	94116	7
	31	7129.07	0.276160	 	 	 	SAN
    FRANCISCO	CA	94131	1
	32	1980.52	0.127092	 	 	 	San
    Francisco	CA	94105	4
	33	6515.33	0.460000	 	 	 	OAKLAND	CA	94618	15
	34	5558.38	0.282054	 	 	 	SAN
    FRANCISCO	CA	94109	3
	35	11579.20	0.207302	 	 	 	NEW
    YORK	NY	10013	4
	36	16984.97	0.345457	 	 	 	NEWPORT
    BEACH	CA	92662	1
	37	8731.90	0.177598	 	 	 	SCARSDALE	NY	10583	1
	38	7634.21	0.502389	 	 	 	BEVERLY
    HILLS	CA	90210	1
	39	13593.52	0.289113	 	 	 	San
    Francisco	CA	94117	3
	40	2179.20	0.306358	 	 	 	SAN
    FRANCISCO	CA	94117	13
	41	15087.98	0.218458	 	 	100.000000	QUOGUE	NY	11959	1
	42	14707.73	0.229178	 	 	 	HILLSBOROUGH	CA	94010	1
	43	3814.95	0.423883	 	 	 	BURBANK	CA	91504	1
	44	11007.12	0.432483	 	 	100.000000	WELLESLEY	MA	02482	1
	45	11585.21	0.278045	 	 	 	PORTOLA
    VALLEY	CA	94028	1
	46	8474.14	0.121396	 	 	 	LOS
    ANGELES ENCINO AREA	CA	91436	1
	47	15129.20	0.312923	 	 	 	MENLO
    PARK	CA	94025	1
	48	9416.24	0.206483	 	 	100.000000	SAN
    FRANCISCO	CA	94110	3
	49	11618.51	0.489173	 	 	 	SAN
    FRANCISCO	CA	94118	1
	50	9465.66	0.439491	 	 	 	LOS
    ANGELES	CA	90077	7
	51	14005.20	0.297869	 	 	 	Menlo
    Park	CA	94025	1
	52	19072.42	0.429176	 	 	100.000000	ENCINO
    AREA LOS ANGELES	CA	91436	1
	53	19812.03	0.384894	 	 	100.000000	SAN
    FRANCISCO	CA	94109	2
	54	9489.21	0.383467	 	 	 	Kentfield	CA	94904	7
	55	7322.09	0.105635	 	 	 	TIBURON	CA	94920	1
	56	3645.55	0.280233	 	 	 	SAN
    FRANSCICO	CA	94115	1
	57	13990.62	0.270371	 	 	0.000000	NANTUCKET	MA	02554	1
	58	6191.33	0.318005	 	 	 	NEW
    YORK	NY	10025	2
	59	6595.66	0.395740	 	 	 	PORTOLA
    VALLEY	CA	94028	1
	60	22321.27	0.299313	 	 	 	CHATHAM	MA	02633	1


 


	 	123	124	125	126	127	128	129	130	131	132
	 	Occupancy	Sales
    Price	Original
    Appraised

    Property Value	Original
    Property

    Valuation Type	Original
    Property

    Valuation Date	Original
    Automated

    Valuation Model

    (AVM) Model Name	Original
    AVM

    Confidence Score	Most
    Recent

    Property Value2	Most
    Recent

    Property Valuation

    Type	Most
    Recent

    Property Valuation

    Date
	1	1	 	3400000.00	3	20121119	 	 	 	 	 
	2	1	 	3300000.00	3	20130108	 	 	 	 	 
	3	1	 	1550000.00	3	20121212	 	 	 	 	 
	4	1	1285000.00	1285000.00	3	20121206	 	 	 	 	 
	5	2	3900000.00	3900000.00	3	20121125	 	 	 	 	 
	6	1	 	2325000.00	3	20121203	 	 	 	 	 
	7	2	 	3350000.00	3	20121201	 	 	 	 	 
	8	1	 	1190000.00	3	20121214	 	 	 	 	 
	9	1	2100000.00	2100000.00	3	20121126	 	 	 	 	 
	10	1	 	1300000.00	3	20121126	 	 	 	 	 
	11	1	 	1210000.00	3	20121127	 	 	 	 	 
	12	3	 	1050000.00	3	20121210	 	 	 	 	 
	13	1	 	1900000.00	3	20121127	 	 	 	 	 
	14	3	 	1430000.00	3	20121204	 	 	 	 	 
	15	1	2500000.00	2500000.00	3	20121114	 	 	 	 	 
	16	1	 	1350000.00	3	20121206	 	 	 	 	 
	17	1	 	1750000.00	3	20121115	 	 	 	 	 
	18	1	 	1950000.00	3	20121203	 	 	 	 	 
	19	1	2555000.00	2555000.00	3	20121119	 	 	 	 	 
	20	1	 	2850000.00	3	20130107	 	 	 	 	 
	21	1	 	1340000.00	3	20121127	 	 	 	 	 
	22	2	 	1250000.00	3	20121116	 	 	 	 	 
	23	1	 	1700000.00	3	20121126	 	 	 	 	 
	24	1	 	3000000.00	3	20121128	 	 	 	 	 
	25	1	 	2850000.00	3	20121207	 	 	 	 	 
	26	2	3613000.00	3613000.00	3	20121109	 	 	 	 	 
	27	2	 	850000.00	3	20121114	 	 	 	 	 
	28	1	 	1550000.00	3	20121101	 	 	 	 	 
	29	1	2700000.00	2700000.00	3	20121105	 	 	 	 	 
	30	1	 	1800000.00	3	20121121	 	 	 	 	 
	31	1	 	1525000.00	3	20121121	 	 	 	 	 
	32	1	 	600000.00	3	20121109	 	 	 	 	 
	33	3	 	1850000.00	3	20121113	 	 	 	 	 
	34	1	 	1800000.00	3	20121119	 	 	 	 	 
	35	1	 	2100000.00	3	20121116	 	 	 	 	 
	36	1	 	2440000.00	3	20121113	 	 	 	 	 
	37	1	 	1330000.00	3	20121114	 	 	 	 	 
	38	1	 	4750000.00	3	20121114	 	 	 	 	 
	39	3	 	860000.00	3	20121030	 	 	 	 	 
	40	3	 	1625000.00	3	20121105	 	 	 	 	 
	41	2	1925000.00	1950000.00	3	20121031	 	 	 	 	 
	42	1	 	4100000.00	3	20121029	 	 	 	 	 
	43	1	 	820000.00	3	20121113	 	 	 	 	 
	44	1	1587500.00	1600000.00	3	20121029	 	 	 	 	 
	45	1	 	2000000.00	3	20121102	 	 	 	 	 
	46	1	 	1685000.00	3	20121112	 	 	 	 	 
	47	1	 	2850000.00	3	20121114	 	 	 	 	 
	48	1	1295000.00	1295000.00	3	20121029	 	 	 	 	 
	49	1	 	6400000.00	3	20121115	 	 	 	 	 
	50	1	 	1550000.00	3	20121106	 	 	 	 	 
	51	1	 	1950000.00	3	20121026	 	 	 	 	 
	52	3	730000.00	730000.00	3	20121004	 	 	 	 	 
	53	3	1935000.00	2000000.00	3	20121026	 	 	 	 	 
	54	1	 	1650000.00	3	20121114	 	 	 	 	 
	55	1	 	1250000.00	3	20121107	 	 	 	 	 
	56	1	 	2700000.00	3	20121030	 	 	 	 	 
	57	3	1337500.00	1400000.00	3	20120911	 	 	 	 	 
	58	1	 	1775000.00	3	20121221	 	 	 	 	 
	59	1	 	2450000.00	3	20121105	 	 	 	 	 
	60	2	 	1250000.00	3	20121201	 	 	 	 	 


 


	 	133	134	135	136	137	138	139	140	141	142
	 	Most
    Recent AVM

    Model Name	Most
    Recent AVM

    Confidence Score	Original
    CLTV	Original
    LTV	Original
    Pledged

    Assets	Mortgage
    

    Insurance

    Company Name	Mortgage
    

    Insurance

    Percent	MI:
    Lender or

    Borrower Paid?	Pool
    Insurance Co.

    Name	Pool
    Insurance 

    Stop

    Loss %
	1	 	 	0.470500	0.382300	0	0	0	 	 	 
	2	 	 	0.303000	0.303000	0	0	0	 	 	 
	3	 	 	0.554800	0.445100	0	0	0	 	 	 
	4	 	 	0.800000	0.800000	0	0	0	 	 	 
	5	 	 	0.487100	0.487100	0	0	0	 	 	 
	6	 	 	0.720400	0.290300	0	0	0	 	 	 
	7	 	 	0.174600	0.114900	0	0	0	 	 	 
	8	 	 	0.597400	0.597400	0	0	0	 	 	 
	9	 	 	0.590000	0.590000	0	0	0	 	 	 
	10	 	 	0.680700	0.588400	0	0	0	 	 	 
	11	 	 	0.793300	0.793300	0	0	0	 	 	 
	12	 	 	0.571400	0.571400	0	0	0	 	 	 
	13	 	 	0.700000	0.700000	0	0	0	 	 	 
	14	 	 	0.594400	0.524400	0	0	0	 	 	 
	15	 	 	0.750000	0.750000	0	0	0	 	 	 
	16	 	 	0.650000	0.650000	0	0	0	 	 	 
	17	 	 	0.452500	0.452500	0	0	0	 	 	 
	18	 	 	0.656400	0.656400	0	0	0	 	 	 
	19	 	 	0.782700	0.782700	0	0	0	 	 	 
	20	 	 	0.561400	0.561400	0	0	0	 	 	 
	21	 	 	0.578300	0.578300	0	0	0	 	 	 
	22	 	 	0.764000	0.764000	0	0	0	 	 	 
	23	 	 	0.345200	0.345200	0	0	0	 	 	 
	24	 	 	0.366600	0.366600	0	0	0	 	 	 
	25	 	 	0.350800	0.350800	0	0	0	 	 	 
	26	 	 	0.700000	0.561600	0	0	0	 	 	 
	27	 	 	0.640000	0.640000	0	0	0	 	 	 
	28	 	 	0.722500	0.722500	0	0	0	 	 	 
	29	 	 	0.740700	0.740700	0	0	0	 	 	 
	30	 	 	0.688800	0.588800	0	0	0	 	 	 
	31	 	 	0.652400	0.619600	0	0	0	 	 	 
	32	 	 	0.768300	0.768300	0	0	0	 	 	 
	33	 	 	0.627000	0.540500	0	0	0	 	 	 
	34	 	 	0.396600	0.396600	0	0	0	 	 	 
	35	 	 	0.333300	0.333300	0	0	0	 	 	 
	36	 	 	0.749100	0.749100	0	0	0	 	 	 
	37	 	 	0.781900	0.781900	0	0	0	 	 	 
	38	 	 	0.233600	0.149400	0	0	0	 	 	 
	39	 	 	0.611500	0.611500	0	0	0	 	 	 
	40	 	 	0.455300	0.455300	0	0	0	 	 	 
	41	 	 	0.700000	0.700000	0	0	0	 	 	 
	42	 	 	0.513900	0.513900	0	0	0	 	 	 
	43	 	 	0.577800	0.577800	0	0	0	 	 	 
	44	 	 	0.755900	0.755900	0	0	0	 	 	 
	45	 	 	0.750000	0.750000	0	0	0	 	 	 
	46	 	 	0.693100	0.584500	0	0	0	 	 	 
	47	 	 	0.549100	0.549100	0	0	0	 	 	 
	48	 	 	0.800000	0.800000	0	0	0	 	 	 
	49	 	 	0.557000	0.557000	0	0	0	 	 	 
	50	 	 	0.683800	0.683800	0	0	0	 	 	 
	51	 	 	0.683500	0.632200	0	0	0	 	 	 
	52	 	 	0.673900	0.571200	0	0	0	 	 	 
	53	 	 	0.649600	0.649600	0	0	0	 	 	 
	54	 	 	0.666600	0.666600	0	0	0	 	 	 
	55	 	 	0.736000	0.736000	0	0	0	 	 	 
	56	 	 	0.222200	0.222200	0	0	0	 	 	 
	57	 	 	0.749700	0.749700	0	0	0	 	 	 
	58	 	 	0.450700	0.450700	0	0	0	 	 	 
	59	 	 	0.539900	0.539900	0	0	0	 	 	 
	60	 	 	0.480000	0.320000	0	0	0	 	 	 


 


	 	143	144	145	146	147	148	149	150	151
	 	MI
    Certificate

    Number	Updated
    DTI

    (Front-end)	Updated
    DTI

    (Back-end)	Modification

    Effective Payment

    Date	Total
    Capitalized

    Amount	Total
    Deferred

    Amount	Pre-Modification

    Interest (Note) Rate	Pre-Modification
    P&I

    Payment	Pre-Modification

    Initial Interest Rate

    Change 

    Downward

    Cap
	1	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 
	8	 	 	 	 	 	 	 	 	 
	9	 	 	 	 	 	 	 	 	 
	10	 	 	 	 	 	 	 	 	 
	11	 	 	 	 	 	 	 	 	 
	12	 	 	 	 	 	 	 	 	 
	13	 	 	 	 	 	 	 	 	 
	14	 	 	 	 	 	 	 	 	 
	15	 	 	 	 	 	 	 	 	 
	16	 	 	 	 	 	 	 	 	 
	17	 	 	 	 	 	 	 	 	 
	18	 	 	 	 	 	 	 	 	 
	19	 	 	 	 	 	 	 	 	 
	20	 	 	 	 	 	 	 	 	 
	21	 	 	 	 	 	 	 	 	 
	22	 	 	 	 	 	 	 	 	 
	23	 	 	 	 	 	 	 	 	 
	24	 	 	 	 	 	 	 	 	 
	25	 	 	 	 	 	 	 	 	 
	26	 	 	 	 	 	 	 	 	 
	27	 	 	 	 	 	 	 	 	 
	28	 	 	 	 	 	 	 	 	 
	29	 	 	 	 	 	 	 	 	 
	30	 	 	 	 	 	 	 	 	 
	31	 	 	 	 	 	 	 	 	 
	32	 	 	 	 	 	 	 	 	 
	33	 	 	 	 	 	 	 	 	 
	34	 	 	 	 	 	 	 	 	 
	35	 	 	 	 	 	 	 	 	 
	36	 	 	 	 	 	 	 	 	 
	37	 	 	 	 	 	 	 	 	 
	38	 	 	 	 	 	 	 	 	 
	39	 	 	 	 	 	 	 	 	 
	40	 	 	 	 	 	 	 	 	 
	41	 	 	 	 	 	 	 	 	 
	42	 	 	 	 	 	 	 	 	 
	43	 	 	 	 	 	 	 	 	 
	44	 	 	 	 	 	 	 	 	 
	45	 	 	 	 	 	 	 	 	 
	46	 	 	 	 	 	 	 	 	 
	47	 	 	 	 	 	 	 	 	 
	48	 	 	 	20130129	 	 	0.0345	4623.24	 
	49	 	 	 	 	 	 	 	 	 
	50	 	 	 	 	 	 	 	 	 
	51	 	 	 	 	 	 	 	 	 
	52	 	 	 	 	 	 	 	 	 
	53	 	 	 	 	 	 	 	 	 
	54	 	 	 	 	 	 	 	 	 
	55	 	 	 	 	 	 	 	 	 
	56	 	 	 	 	 	 	 	 	 
	57	 	 	 	 	 	 	 	 	 
	58	 	 	 	 	 	 	 	 	 
	59	 	 	 	 	 	 	 	 	 
	60	 	 	 	 	 	 	 	 	 


  


	 	152	153	154	155	156	157	158	159	160	161
	 	Pre-Modification

    Subsequent 

    Interest

    Rate Cap	Pre-Modification

    Next Interest Rate

    Change Date	Pre-Modification
    I/O

    Term	Forgiven
    Principal

    Amount	Forgiven
    Interest

    Amount	Number
    of

    Modifications	Cash
    To/From 

    Brrw at Closing	Brrw
    - Yrs at in 

    Industry	CoBrrw
    - Yrs at in 

    Industry	Junior
    Mortgage 

    Drawn Amount
	1	 	 	 	 	 	 	 	25	 	300000
	2	 	 	 	 	 	 	 	12	 	0
	3	 	 	 	 	 	 	 	12	12	170000
	4	 	 	 	 	 	 	 	21	 	0
	5	 	 	 	 	 	 	 	30	 	0
	6	 	 	 	 	 	 	 	22	 	1000000
	7	 	 	 	 	 	 	 	0	 	200000
	8	 	 	 	 	 	 	 	42	 	0
	9	 	 	 	 	 	 	 	2.5	 	0
	10	 	 	 	 	 	 	 	9	100	120000
	11	 	 	 	 	 	 	 	20	 	0
	12	 	 	 	 	 	 	 	4	6	0
	13	 	 	 	 	 	 	 	11	 	0
	14	 	 	 	 	 	 	 	10	7	100000
	15	 	 	 	 	 	 	 	0	11	0
	16	 	 	 	 	 	 	 	20	7	0
	17	 	 	 	 	 	 	 	19	25	0
	18	 	 	 	 	 	 	 	9	 	0
	19	 	 	 	 	 	 	 	10	 	0
	20	 	 	 	 	 	 	 	10	16	0
	21	 	 	 	 	 	 	 	25	 	0
	22	 	 	 	 	 	 	 	26	 	0
	23	 	 	 	 	 	 	 	20	 	0
	24	 	 	 	 	 	 	 	27	 	0
	25	 	 	 	 	 	 	 	4	 	0
	26	 	 	 	 	 	 	 	14	 	500000
	27	 	 	 	 	 	 	 	37	 	0
	28	 	 	 	 	 	 	 	36	31	0
	29	 	 	 	 	 	 	 	25	25	0
	30	 	 	 	 	 	 	 	30	 	180000
	31	 	 	 	 	 	 	 	15	10	50000
	32	 	 	 	 	 	 	 	1	 	0
	33	 	 	 	 	 	 	 	0	 	160000
	34	 	 	 	 	 	 	 	26	 	0
	35	 	 	 	 	 	 	 	20	 	0
	36	 	 	 	 	 	 	 	11	11	0
	37	 	 	 	 	 	 	 	22	 	0
	38	 	 	 	 	 	 	 	44	 	400000
	39	 	 	 	 	 	 	 	9	 	0
	40	 	 	 	 	 	 	 	0	 	0
	41	 	 	 	 	 	 	 	7	 	0
	42	 	 	 	 	 	 	 	10	 	0
	43	 	 	 	 	 	 	 	27	 	0
	44	 	 	 	 	 	 	 	20	 	0
	45	 	 	 	 	 	 	 	12	20	0
	46	 	 	 	 	 	 	 	20	15	183000
	47	 	 	 	 	 	 	 	7	26	0
	48	 	 	 	 	 	 	 	2	 	0
	49	 	 	 	 	 	 	 	0	 	0
	50	 	 	 	 	 	 	 	5	6	0
	51	 	 	 	 	 	 	 	9	 	100000
	52	 	 	 	 	 	 	 	25	 	75000
	53	 	 	 	 	 	 	 	20	18	0
	54	 	 	 	 	 	 	 	21	 	0
	55	 	 	 	 	 	 	 	10	 	0
	56	 	 	 	 	 	 	 	0	 	0
	57	 	 	 	 	 	 	 	0	 	0
	58	 	 	 	 	 	 	 	10	5	0
	59	 	 	 	 	 	 	 	20	 	0
	60	 	 	 	 	 	 	 	22	 	200000


 


	 	162	163	164	165	166	167	168	169	170	171
	 	Maturity
    Date	Primary
    Borrower 

    Wage Income 

    (Salary)	Primary
    Borrower 

    Wage Income 

    (Bonus)	Primary
    Borrower 

    Wage Income 

    (Commission)	Co-Borrower
    

    Wage Income 

    (Salary)	Co-Borrower
    

    Wage Income 

    (Bonus)	Co-Borrower
    

    Wage Income 

    (Commission)	Originator
    Doc 

    Code	RWT
    Income 

    Verification	RWT
    Asset 

    Verification
	1	20330201	41666.67	0	0	0	0	0	Full	Two
    Years	Two
    Months
	2	20330201	57500	0	0	0	0	0	Full	Two
    Years	Two
    Months
	3	20430201	25701.88	32491.67	0	10416.66	0	0	Full	Two
    Years	Two
    Months
	4	20430101	18333.34	7250	0	0	0	0	Full	Two
    Years	Two
    Months
	5	20330101	80294	0	0	0	0	0	Full	Two
    Years	Two
    Months
	6	20330101	44633.33	29942	0	0	0	0	Full	Two
    Years	Two
    Months
	7	20330101	44633.33	29942	0	0	0	0	Full	Two
    Years	Two
    Months
	8	20430201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	9	20430101	0	0	37480.72	0	0	0	Full	Two
    Years	Two
    Months
	10	20430101	23498	0	0	0	0	0	Full	Two
    Years	Two
    Months
	11	20430101	20833	0	0	0	0	0	Full	Two
    Years	Two
    Months
	12	20430201	9638.13	0	0	7333.33	0	0	Full	Two
    Years	Two
    Months
	13	20430101	48333	0	0	0	0	0	Full	Two
    Years	Two
    Months
	14	20430201	14025	0	14307	0	0	0	Full	Two
    Years	Two
    Months
	15	20430201	47916	0	0	47916	0	0	Full	Two
    Years	Two
    Months
	16	20430201	18816.92	0	0	0	0	0	Full	Two
    Years	Two
    Months
	17	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	18	20430201	50287	0	0	0	0	0	Full	Two
    Years	Two
    Months
	19	20430201	20833.33	16666.67	0	0	0	0	Full	Two
    Years	Two
    Months
	20	20430201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	21	20430201	15300	0	0	0	0	0	Full	Two
    Years	Two
    Months
	22	20430201	39958.34	0	0	0	0	0	Full	Two
    Years	Two
    Months
	23	20430101	10419.07	0	0	0	0	0	Full	Two
    Years	Two
    Months
	24	20430201	130289.08	0	0	0	0	0	Full	Two
    Years	Two
    Months
	25	20430201	37131	0	0	0	0	0	Full	Two
    Years	Two
    Months
	26	20430101	38625	37500	0	0	0	0	Full	Two
    Years	Two
    Months
	27	20430201	41416	0	0	0	0	0	Full	Two
    Years	Two
    Months
	28	20430101	28901.25	0	0	22794.83	0	0	Full	Two
    Years	Two
    Months
	29	20430101	81027.55	0	0	7075.67	0	0	Full	Two
    Years	One
    Month
	30	20430101	12500	17631.48	0	0	0	0	Full	Two
    Years	Two
    Months
	31	20430101	15740	0	0	10075	0	0	Full	Two
    Years	Two
    Months
	32	20430101	15583.33	0	0	0	0	0	Full	Two
    Years	Two
    Months
	33	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	34	20430101	14314.75	0	0	0	0	0	Full	Two
    Years	One
    Month
	35	20430201	27928.33	0	0	0	0	0	Full	Two
    Years	Two
    Months
	36	20430101	0	0	0	49166.67	0	0	Full	Two
    Years	Two
    Months
	37	20430201	18750	30416.67	0	0	0	0	Full	Two
    Years	Two
    Months
	38	20430201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	39	20330201	47018	0	0	0	0	0	Full	Two
    Years	Two
    Months
	40	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	41	20430201	16666.66	52399.16	0	0	0	0	Full	Two
    Years	Two
    Months
	42	20421201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	43	20330201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	44	20430201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	45	20430101	35416.66	0	0	6250	0	0	Full	Two
    Years	Two
    Months
	46	20430201	0	0	0	29323	0	0	Full	Two
    Years	Two
    Months
	47	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	48	20421201	45603	0	0	0	0	0	Full	Two
    Years	Two
    Months
	49	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	50	20430101	21537.79	0	0	0	0	0	Full	Two
    Years	One
    Month
	51	20430201	47018	0	0	0	0	0	Full	Two
    Years	Two
    Months
	52	20421101	13378.22	0	0	0	0	0	Full	Two
    Years	Two
    Months
	53	20421201	22274	0	0	29200	0	0	Full	Two
    Years	Two
    Months
	54	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	55	20430101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	56	20421201	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	57	20421101	0	0	0	0	0	0	Full	Two
    Years	Two
    Months
	58	20430301	0	0	0	5320.35	0	0	Full	Two
    Years	Two
    Months
	59	20430101	16666.66	0	0	0	0	0	Full	Two
    Years	Two
    Months
	60	20330101	44633.34	29941.67	0	0	0	0	Full	Two
    Years	Two
    Months


  








    	 



    	 



    

 


ATTACHMENT 2


 


SALE AND SERVICING
AGREEMENT


 


See Exhibit 10.1 to Form 8-K filed by


the Issuing Entity on March 20, 2013


 




    	 



    	 



    

 


EXHIBIT D-3


 


INITIAL AUTHORIZED REPRESENTATIVES OF
THE SERVICER


 


	Name	 	Title	 	Specimen Signature
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 


  




    	 



    	 



    

 


EXHIBIT F


 


REQUEST FOR RELEASE OF DOCUMENTS


 


	To:	Wells Fargo Bank, N.A.	Date:  _______________
	 	751 Kasota Avenue	 
	 	Minneapolis, MN  55414	 
	 	Attn:  WFDC Release Department.	 


 


		Re:	Custodial Agreement, dated as of March 1, 2013, among Christiana Trust, a division of Wilmington Savings Fund Society, FSB,
as Trustee, Wells Fargo Bank, N.A., as Custodian, Sequoia Residential Funding, Inc., as Depositor, and Redwood Residential Acquisition
Corporation, as Seller



 


In connection with the administration
of the Mortgage Loans held by you as Custodian for the Trustee pursuant to the above-captioned Custodial Agreement, we request
the release of the Custodian’s Mortgage File for the Mortgage Loan described below, for the reason indicated.


 


	Mortgage Loan Number:	 	Investor Number: 
	 	 	 
	Mortgagor Name, Address & Zip Code:	 	Pool Number:


 


Reason for Requesting Documents (check one):


 


_______ 1. Mortgage Paid in Full


 


_______ 2. Foreclosure


 


_______ 3. Substitution


 


_______ 4. Other Liquidation


 


	_______ 5. Non-liquidation	Reason:__________________
	 	 
	 	For CMI Use Only:_____________


 


	By:	 	 	 
	 	(Authorized Signature)	 
	 	 	 
	Printed Name	 	 
	 	 	 
	Servicer Name:	 	 
	 	 	 
	Ship To Address:	 	 
	 	 	 
	 	 	 
	 	 	 
	Phone:	 	 


  



    	 



    	 



    

 





Custodian


 


	Please acknowledge the execution of the above request by your signature and date below:
	 
	 	 	Date
	Signature
	 
	Documents returned to Custodian:
	 
	 	 	Date
	Custodian


  




    	 



    	 



    

 


EXHIBIT 10


 


FORM OF MONTHLY LOSS REPORT


 




    	 



    	 



    

 


Exhibit
: Calculation of Realized Loss/Gain Form 332–
Instruction Sheet


NOTE: Do not net or combine items. Show all expenses
individually and all credits as separate line items. Claim packages are due on the remittance report date. Late submissions may
result in claims not being passed until the following month. The Servicer is responsible to remit all funds pending loss approval
and /or resolution of any disputed items. 


 


The numbers on the 332 form correspond with the
numbers listed below.


 


Liquidation and Acquisition Expenses:


		1.	The Actual Unpaid Principal Balance of the Mortgage Loan. For documentation, an Amortization Schedule from date of default
through liquidation breaking out the net interest and servicing fees advanced is required.



 


		2.	The Total Interest Due less the aggregate amount of servicing fee that would have been earned if
all delinquent payments had been made as agreed. For documentation, an Amortization Schedule from date of default through liquidation
breaking out the net interest and servicing fees advanced is required.



		3.	Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated
on a monthly basis. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest
and servicing fees advanced is required.



		4-12.	Complete as applicable. Required documentation:



*  For
taxes and insurance advances – see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest,
penalty. Advances prior to default require evidence of servicer efforts to recover advances.


 *  For
escrow advances - complete payment history


    (to calculate advances from last positive escrow balance forward)


*  Other expenses -  copies of corporate advance history showing all payments 


*  REO repairs > $1500 require explanation


*  REO repairs >$3000 require evidence of at least 2 bids.


*  Short
Sale or Charge Off require P&L supporting the decision and WFB’s approved Officer Certificate


*  Unusual
or extraordinary items may require further documentation.


		13.	The total of lines 1 through 12.



 


Credits: 


 


		14-21.	Complete as applicable. Required documentation:



* Copy of
the HUD 1 from the REO sale. If a 3rd Party Sale, bid instructions and Escrow Agent / Attorney Letter of Proceeds Breakdown.


*  Copy
of EOB for any MI or gov't guarantee


* All other
credits need to be clearly defined on the 332 form


		22.	The total of lines 14 through 21.










    	Page 1 of 5
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Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 


		Please Note:	For HUD/VA loans, use line (18a) for Part A/Initial proceeds
and line (18b) for Part B/Supplemental proceeds.



 


Total Realized Loss (or Amount
of Any Gain)


		23.	The total derived from subtracting line 22 from 13. If the amount
represents a realized gain, show the amount in parenthesis ( ).











    	Page 2 of 5
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	Exhibit 3A:
    Calculation of Realized Loss/Gain Form 332


 







	Prepared by:  __________________	Date:  _______________
	Phone:  ______________________	Email Address:_____________________


  


	
        Servicer Loan No.

         
	 	
        Servicer Name

         
	 	
        Servicer Address

         

         



 


WELLS FARGO BANK, N.A. Loan No._____________________________


 


Borrower's Name: _________________________________________________________


Property Address: _________________________________________________________


 


	Liquidation Type:  REO Sale	3rd Party Sale	Short Sale	Charge Off


 


Was this loan granted a Bankruptcy deficiency or
cramdown    Yes        No


If “Yes”, provide deficiency
or cramdown amount _______________________________


 


Liquidation and Acquisition Expenses:


	 	(1)	Actual Unpaid Principal Balance of Mortgage Loan	$ ______________
	 	 	(1)	 
	 	(2)	Interest accrued at Net Rate	________________
	 	 	(2)	 
	 	(3)	Accrued Servicing Fees	________________
	 	 	(3)	 
	 	(4)	Attorney's Fees	________________
	 	 	(4)	 
	 	(5)	Taxes (see page 2)	________________
	 	 	(5)	 
	 	(6)	Property Maintenance	________________
	 	 	(6)	 
	 	(7)	MI/Hazard Insurance Premiums (see page 2)	________________
	 	 	(7)	 
	 	(8)	Utility Expenses	________________
	 	 	(8)	 
	 	(9)	Appraisal/BPO	________________
	 	 	(9)	 
	 	(10)	Property Inspections	________________
	 	 	(10)	 
	 	(11)	FC Costs/Other Legal Expenses	________________
	 	 	(11)	 


  




    	Page 3 of 5
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	 	(12)	Other
    (itemize)	________________
	 	 	(12)	 
	 	 	       Cash
    for Keys__________________________	________________
	 	 	(12)	 
	 	 	       HOA/Condo
    Fees_______________________	________________
	 	 	(12)	 
	 	 	       ______________________________________	________________
	 	 	(12)	 


 


	 	 	       Total
    Expenses	$
    _______________
	 	 	(13)	 
	 	Credits:	 
	 	(14)	Escrow
    Balance	$ _______________
	 	 	(14)	 
	 	(15)	HIP Refund	________________
	 	 	(15)	 
	 	(16)	Rental
    Receipts	________________
	 	 	(16)	 
	 	(17)	Hazard
    Loss Proceeds	________________
	 	 	(17)	 
	 	(18)	Primary
    Mortgage Insurance / Gov’t Insurance	________________
	 	 	(18a)
    HUD Part A	________________
	 	(18b)
    	HUD Part
    B	 
	 	(19)	Pool
    Insurance Proceeds	________________
	 	 	(19)	 
	 	(20)	Proceeds
    from Sale of Acquired Property	________________
	 	 	(20)	 
	 	(21)	Other
    (itemize)	________________
	 	 	(21)	 
	 	 	_________________________________________	________________
	 	 	(21)	 
	 	 	 	 
	 	 	Total
    Credits	$________________
	 	 	(22)	 
	 	Total
    Realized Loss (or Amount of Gain)	$________________
	 	 	         (23)	 







    	Page 4 of 5
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Escrow Disbursement Detail


 


	
        Type

        (Tax

        /Ins.)
	
        Date

        Paid
	
        Period of

        Coverage
	
        Total

        Paid
	
        Base

        Amount
	Penalties	Interest
	 

                                                                                 
	 	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 
	 	 

                                                                                 
	 	 	 	 	 







    	Page 5 of 5
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EXHIBIT 11


 


FORM OF DELINQUENCY REPORTING 










    	Page 1 of 8
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© Copyright Wells Fargo Bank, Corporate Trust Services
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Exhibit
: Standard File Layout – Delinquency Reporting


 


*The column/header names in bold
are the minimum fields Wells Fargo must receive from every Servicer


	Column/Header Name	Description	Decimal	
        Format

        Comment

	SERVICER_LOAN_NBR	A unique number assigned to a loan by the Servicer.  This may be different than the LOAN_NBR	 	 
	LOAN_NBR	A unique identifier assigned to each loan by the originator.	 	 
	CLIENT_NBR	Servicer Client Number	 	 
	SERV_INVESTOR_NBR	Contains a unique number as assigned by an external servicer to identify a group of loans in their system.	 	 
	BORROWER_FIRST_NAME	First Name of the Borrower.	 	 
	BORROWER_LAST_NAME	Last name of the borrower.	 	 
	PROP_ADDRESS	Street Name and Number of Property	 	 
	PROP_STATE	The state where the  property located.	 	 
	PROP_ZIP	Zip code where the property is located.	 	 
	BORR_NEXT_PAY_DUE_DATE	The date that the borrower's next payment is due to the servicer at the end of processing cycle, as reported by Servicer.	 	MM/DD/YYYY
	LOAN_TYPE	Loan Type (i.e. FHA, VA, Conv)	 	 
	BANKRUPTCY_FILED_DATE	The date a particular bankruptcy claim was filed.	 	MM/DD/YYYY
	BANKRUPTCY_CHAPTER_CODE	The chapter under which the bankruptcy was filed.	 	 
	BANKRUPTCY_CASE_NBR	The case number assigned by the court to the bankruptcy filing.	 	 
	POST_PETITION_DUE_DATE	The payment due date once the bankruptcy has been approved by the courts	 	MM/DD/YYYY
	BANKRUPTCY_DCHRG_DISM_DATE	The Date The Loan Is Removed From Bankruptcy. Either by Dismissal, Discharged and/or a Motion For Relief Was Granted. 	 	MM/DD/YYYY
	LOSS_MIT_APPR_DATE	The Date The Loss Mitigation Was Approved By The Servicer	 	MM/DD/YYYY
	LOSS_MIT_TYPE	The Type Of Loss Mitigation Approved For A Loan Such As;	 	 
	LOSS_MIT_EST_COMP_DATE	The Date The Loss Mitigation /Plan Is Scheduled To End/Close	 	MM/DD/YYYY
	LOSS_MIT_ACT_COMP_DATE	The Date The Loss Mitigation Is Actually Completed	 	MM/DD/YYYY







    	Page 2 of 8
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	FRCLSR_APPROVED_DATE	The date DA Admin sends a letter to the servicer with instructions to begin foreclosure proceedings.	 	MM/DD/YYYY
	ATTORNEY_REFERRAL_DATE	Date File Was Referred To Attorney to Pursue Foreclosure	 	MM/DD/YYYY
	FIRST_LEGAL_DATE	Notice of 1st legal filed by an Attorney in a Foreclosure Action	 	MM/DD/YYYY
	FRCLSR_SALE_EXPECTED_DATE	The date by which a foreclosure sale is expected to occur.	 	MM/DD/YYYY
	FRCLSR_SALE_DATE	The actual date of the foreclosure sale.	 	MM/DD/YYYY
	FRCLSR_SALE_AMT	The amount a property sold for at the foreclosure sale.	2	No commas(,) or dollar signs ($)
	EVICTION_START_DATE	The date the servicer initiates eviction of the borrower.	 	MM/DD/YYYY
	EVICTION_COMPLETED_DATE	The date the court revokes legal possession of the property from the borrower.	 	MM/DD/YYYY
	LIST_PRICE	The price at which an REO property is marketed.	2	No commas(,) or dollar signs ($)
	LIST_DATE	The date an REO property is listed at a particular price.	 	MM/DD/YYYY
	OFFER_AMT	The dollar value of an offer for an REO property.	2	No commas(,) or dollar signs ($)
	OFFER_DATE_TIME	The date an offer is received by DA Admin or by the Servicer.	 	MM/DD/YYYY
	REO_CLOSING_DATE	The date the REO sale of the property is scheduled to close.	 	MM/DD/YYYY
	REO_ACTUAL_CLOSING_DATE	Actual Date Of REO Sale	 	MM/DD/YYYY
	OCCUPANT_CODE	Classification of how the property is occupied.	 	 
	PROP_CONDITION_CODE	A code that indicates the condition of the property.	 	 
	PROP_INSPECTION_DATE	The date a  property inspection is performed.	 	MM/DD/YYYY
	APPRAISAL_DATE	The date the appraisal was done.	 	MM/DD/YYYY
	CURR_PROP_VAL	 The current "as is" value of the property based on brokers price opinion or appraisal.	2	 
	REPAIRED_PROP_VAL	The amount the property would be worth if repairs are completed pursuant to a broker's price opinion or appraisal.	2	 










    	Page 3 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 


	If applicable:	 	 	 
	DELINQ_STATUS_CODE	FNMA Code Describing Status of Loan	 	 
	DELINQ_REASON_CODE	The circumstances which caused a borrower to stop paying on a loan.   Code indicates the reason why the loan is in default for this cycle.	 	 
	MI_CLAIM_FILED_DATE	Date Mortgage Insurance Claim Was Filed With Mortgage Insurance Company.	 	MM/DD/YYYY
	MI_CLAIM_AMT	Amount of Mortgage Insurance Claim Filed	 	No commas(,) or dollar signs ($)
	MI_CLAIM_PAID_DATE	Date Mortgage Insurance Company Disbursed Claim Payment	 	MM/DD/YYYY
	MI_CLAIM_AMT_PAID	Amount Mortgage Insurance Company Paid On Claim	2	No commas(,) or dollar signs ($)
	POOL_CLAIM_FILED_DATE	Date Claim Was Filed With Pool Insurance Company	 	MM/DD/YYYY
	POOL_CLAIM_AMT	Amount of Claim Filed With Pool Insurance Company	2	No commas(,) or dollar signs ($)
	POOL_CLAIM_PAID_DATE	Date Claim Was Settled and The Check Was Issued By The Pool Insurer	 	MM/DD/YYYY
	POOL_CLAIM_AMT_PAID	Amount Paid On Claim By Pool Insurance Company	2	No commas(,) or dollar signs ($)
	FHA_PART_A_CLAIM_FILED_DATE	 Date FHA Part A Claim Was Filed With HUD	 	MM/DD/YYYY
	FHA_PART_A_CLAIM_AMT	 Amount of FHA Part A Claim Filed	2	No commas(,) or dollar signs ($)
	FHA_PART_A_CLAIM_PAID_DATE	 Date HUD Disbursed Part A Claim Payment	 	MM/DD/YYYY
	FHA_PART_A_CLAIM_PAID_AMT	 Amount HUD Paid on Part A Claim	2	No commas(,) or dollar signs ($)
	FHA_PART_B_CLAIM_FILED_DATE	Date
    FHA Part B Claim Was Filed With HUD	 	MM/DD/YYYY
	FHA_PART_B_CLAIM_AMT	  Amount of FHA Part B Claim Filed	2	No commas(,) or dollar signs ($)
	FHA_PART_B_CLAIM_PAID_DATE	   Date HUD Disbursed Part B Claim Payment	 	MM/DD/YYYY
	FHA_PART_B_CLAIM_PAID_AMT	Amount
    HUD Paid on Part B Claim	2	No commas(,) or dollar signs ($)










    	Page 4 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 





	VA_CLAIM_FILED_DATE	 Date VA Claim Was Filed With the Veterans Admin	 	MM/DD/YYYY
	VA_CLAIM_PAID_DATE	 Date Veterans Admin. Disbursed VA Claim Payment	 	MM/DD/YYYY
	VA_CLAIM_PAID_AMT	 Amount Veterans Admin. Paid on VA Claim	2	No commas(,) or dollar signs ($)
	MOTION_FOR_RELIEF_DATE	The date the Motion for Relief was filed	10	MM/DD/YYYY
	FRCLSR_BID_AMT	The foreclosure sale bid amount	11	No commas(,) or dollar signs ($)
	FRCLSR_SALE_TYPE	The foreclosure sales results: REO, Third Party, Conveyance to HUD/VA	 	 
	REO_PROCEEDS	The net proceeds from the sale of the REO property.  	 	No commas(,) or dollar signs ($)
	BPO_DATE	The date the BPO was done.	 	 
	CURRENT_FICO	The current FICO score	 	 
	HAZARD_CLAIM_FILED_DATE	The date the Hazard Claim was filed with the Hazard Insurance Company.	10	MM/DD/YYYY
	HAZARD_CLAIM_AMT	The amount of the Hazard Insurance Claim filed.	11	No commas(,) or dollar signs ($)
	HAZARD_CLAIM_PAID_DATE	The date the Hazard Insurance Company disbursed the claim payment.	10	MM/DD/YYYY
	HAZARD_CLAIM_PAID_AMT	The amount the Hazard Insurance Company paid on the claim.	11	No commas(,) or dollar signs ($)
	ACTION_CODE	Indicates loan status	 	Number
	NOD_DATE	 	 	MM/DD/YYYY
	NOI_DATE	 	 	MM/DD/YYYY
	ACTUAL_PAYMENT_PLAN_START_DATE	 	 	MM/DD/YYYY
	ACTUAL_PAYMENT_ PLAN_END_DATE	 	 	 
	ACTUAL_REO_START_DATE	 	 	MM/DD/YYYY
	REO_SALES_PRICE	 	 	Number
	REALIZED_LOSS/GAIN	As defined in the Servicing Agreement	 	Number




 





Exhibit
2: Standard File Codes – Delinquency Reporting


 


The Loss Mit Type field should show the approved
Loss Mitigation Code as follows:


	 	·	ASUM-	Approved Assumption
	 	·	BAP-	Borrower Assistance Program
	 	·	CO-	Charge Off
	 	·	DIL-	Deed-in-Lieu
	 	·	FFA-	Formal Forbearance Agreement
	 	·	MOD-	Loan Modification
	 	·	PRE-	Pre-Sale










    	Page 5 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 


	 	·	SS-	Short Sale
	 	·	MISC-	Anything else approved by the PMI or Pool Insurer


 


NOTE: Wells Fargo Bank will accept alternative
Loss Mitigation Types to those above, provided that they are consistent with industry standards. If Loss Mitigation Types other
than those above are used, the Servicer must supply Wells Fargo Bank with a description of each of the Loss Mitigation Types prior
to sending the file.


 


The Occupant Code field should show the current
status of the property code as follows:


		·	Mortgagor



		·	Tenant



		·	Unknown 



		·	Vacant



 


The Property Condition field should show the last
reported condition of the property as follows:


		·	Damaged



		·	Excellent



		·	Fair



		·	Gone



		·	Good



		·	Poor



		·	Special Hazard



		·	Unknown








    	Page 6 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 


Exhibit
2: Standard File Codes – Delinquency Reporting, Continued


 


The FNMA Delinquent Reason Code field should show
the Reason for Delinquency as follows:


 


	
        Delinquency

        Code
	Delinquency Description
	001	FNMA-Death of principal mortgagor
	002	FNMA-Illness of principal mortgagor
	003	FNMA-Illness of mortgagor’s family member
	004	FNMA-Death of mortgagor’s family member
	005	FNMA-Marital difficulties
	006	FNMA-Curtailment of income
	007	FNMA-Excessive Obligation
	008	FNMA-Abandonment of property
	009	FNMA-Distant employee transfer
	011	FNMA-Property problem
	012	FNMA-Inability to sell property
	013	FNMA-Inability to rent property
	014	FNMA-Military Service
	015	FNMA-Other
	016	FNMA-Unemployment
	017	FNMA-Business failure
	019	FNMA-Casualty loss
	022	FNMA-Energy environment costs
	023	FNMA-Servicing problems
	026	FNMA-Payment adjustment
	027	FNMA-Payment dispute
	029	FNMA-Transfer of ownership pending
	030	FNMA-Fraud
	031	FNMA-Unable to contact borrower
	INC	FNMA-Incarceration







    	Page 7 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com



    	 



    

 


Exhibit
2: Standard File Codes – Delinquency Reporting, Continued


 


The FNMA Delinquent Status Code field should show
the Status of Default as follows:


 


	Status Code	Status Description
	09	Forbearance
	17	Pre-foreclosure Sale Closing Plan Accepted
	24	Government Seizure
	26	Refinance
	27	Assumption
	28	Modification
	29	Charge-Off
	30	Third Party Sale
	31	Probate
	32	Military Indulgence
	43	Foreclosure Started
	44	Deed-in-Lieu Started
	49	Assignment Completed
	61	Second Lien Considerations
	62	Veteran’s Affairs-No Bid
	63	Veteran’s Affairs-Refund
	64	Veteran’s Affairs-Buydown
	65	Chapter 7 Bankruptcy
	66	Chapter 11 Bankruptcy
	67	Chapter 13 Bankruptcy














    	Page 8 of 8
Please be advised that failure to comply with ANY or all of the guidelines entailed herein may result in issuance of late reporting fees.
© Copyright Wells Fargo Bank, Corporate Trust Services
Contact us with Reporting Questions: CTSDefaultSRG@WellsFargo.com