Exhibit 10.7
 Execution Copy




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Agreement Amendment Effective Date RFC GMAC Mortgage Borrower Borrowers Guarantor Obligor Lender Agent
 Loan Agreement
      
  
 Amendments to the Loan Agreement
 Section 2.03(a)
 Section 2.08
 Subject Disposition
 First Amendment
 1




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minus minus
 Section 2.09
  Section 2.10(c)
 Section
2.08(c) Prepayment Amount
 Section 4.02(b)
 provided further Section 2.09
 First Amendment
 2




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Section 5.02 paragraphs (b)-(f) paragraphs (b)-(e)
 Section 7.01(f)(ii)
 Section 7.01(f)(iii)
 Section 7.01(n)
 Section 7.02(r)
 Section 2.09
 Amendments to Definitions
 Eligible Asset Schedule 1.01
 Schedule 1.01
 Cash Equivalents
 First Amendment
 3




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clause clauses
 Collection Accounts
 Eligible UK Assets Exhibit A
 English Note Issuance Facility Deed
 Reinvestment Collateral Section 7.01(g) provided
 First Amendment
 4




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Retained Proceeds plus
 Servicing Advance Exception End Date
 Schedule 1.01
 GMAC
 Amendments to Schedules and Exhibits
 Schedule 5.02 Exhibit A
 Clause (i) Exhibit A
  Exhibit 7.01
 First Amendment
 5




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Amendment Effective Date :
 Agreement
 Other
 
 Notice
 Confirmation of the Facility Documents
 Representations and Warranties
   First Amendment
 6




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GOVERNING LAW
 Execution in Counterparts
 WAIVER OF JURY TRIAL
 Entire Agreement
 Captions
 Severability
 SUBMISSION TO JURISDICTION
 First Amendment
 7




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First Amendment
 8




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RESIDENTIAL FUNDING COMPANY, LLC,as BorrowerBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: TreasurerGMAC MORTGAGE, LLC,as BorrowerBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Assistant Treasurer
 First Amendment




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GMAC LLC,as Lender Agent and LenderBy:
    
    /s/ David C. WalkerName: David C. WalkerTitle: Group Vice President & Treasurer
 First Amendment




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Acknowledged and Agreed:RESIDENTIAL CAPITAL, LLC,as GuarantorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Assistant TreasurerGMAC RESIDENTIAL HOLDING COMPANY, LLC, as GuarantorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Assistant TreasurerGMAC-RFC HOLDING COMPANY, LLC,as GuarantorBy:
    
    /s/ John M. Peterson

Name: John M. PetersonTitle: TreasurerHOMECOMINGS FINANCIAL, LLC,as GuarantorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Treasurer
 First Amendment




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Acknowledged and Agreed:RESIDENTIAL MORTGAGE REAL ESTATE 
HOLDINGS, LLC, as ObligorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Assistant TreasurerRESIDENTIAL FUNDING REAL ESTATE HOLDINGS, LLC, as ObligorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: TreasurerHOMECOMINGS FINANCIAL REAL ESTATE 
HOLDINGS, LLC, as ObligorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: TreasurerEQUITY INVESTMENT I, LLC, 
as ObligorBy:
    
    /s/ Laura MolletName: Laura MolletTitle: SecretaryDEVELOPERS OF HIDDEN SPRINGS, LLC, 
as ObligorBy:
    
    /s/ Laura MolletName: Laura MolletTitle: Secretary
 First Amendment




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DOA HOLDING PROPERTIES, LLC, 
as ObligorBy:
    
    /s/ Laura MolletName: Laura MolletTitle: SecretaryRFC ASSET HOLDINGS II, LLC, 
as ObligorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: TreasurerPASSIVE ASSET TRANSACTIONS, LLC, as ObligorBy:
    
    /s/ John M. PetersonName: John M. PetersonTitle: Assistant TreasurerGMAC MODEL HOME FINANCE I, LLC as ObligorBy:
    
    /s/ Laura MolletName: Laura MolletTitle: Secretary
 First Amendment




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Exhibit A to Amendment
  CONDITIONS PRECEDENT TO EACH LOAN
 paragraphs (b)-(e)
 Section 2.03
           Section
2.03
 First Amendment




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First Amendment