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**REPORT      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

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**MANAGEMENT'S        ASSERTION ON **

**MINIMUM        SERVICING STANDARDS**

*Uniform        Single Attestation Program for Mortgage Bankers.*

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**MINIMUM        SERVICING STANDARDS AS SET FORTH IN THE MORTGAGE BANKERS **
**ASSOCIATION        OF AMERICA'S UNIFORM SINGLE ATTESTATION PROGRAM FOR **

**MORTGAGE        BANKERS**

**I. CUSTODIAL        BANK ACCOUNTS**

|  1.   | Reconciliations                      shall be prepared on a monthly basis for all custodial bank                      accounts and                      related bank clearing accounts. These reconciliations                      shall: |
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|                                    • |     Be                      mathematically accurate                                                             |
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|                                    • |     Be                      prepared within forty-five (45) calendar days after the cutoff                      date |

|                           •   |       Be                      reviewed and approved by someone other than the person who                      prepared                      the reconciliation |
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| •   |       Document                      explanations for reconciling items. These reconciling items                      shall be                      resolved within ninety (90) calendar days of their original                      identification. |
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| 2.   | Funds                      of the servicing entity shall be advanced in cases where there                      is an                      overdraft in an investor's or a mortgagor's                      account. |
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| 3.   | Each                      custodial account shall be maintained at a federally insured                      depository                      institution in trust for the applicable                      investor. |
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| 4.   | Escrow                      funds held in trust for a mortgagor shall be returned to the                      mortgagor                      within thirty (30) calendar days of payoff of the mortgage                      loan. |
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**II. MORTGAGE            PAYMENTS**

| 1.   | Mortgage                      payments shall be deposited into the custodial bank accounts                      and related                      bank clearing accounts within two business days of                      receipt. |
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| 2.   | Mortgage                      payments made in accordance with the mortgagor's loan documents                      shall be                      posted to the applicable mortgagor records within two business                      days of                      receipt. |
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| 3.   | Mortgage                      payments shall be allocated to principal, interest, insurance,                      taxes or                      other escrow items in accordance with the mortgagor's loan                      documents. |
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| 4.   | Mortgage                      payments identified as loan payoffs shall be allocated in accordance                      with                      the mortgagor's loan documents. |
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**III. DISBURSEMENTS**

| 1.                                                                                                                           | Disbursements                        made via wire transfer on behalf of a mortgagor or investor                        shall be made                        only by authorized personnel.                                                                                                                                                                                                                                                                                                                             |
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|                                           2. | Disbursements                        made on behalf of a mortgagor or investor shall be posted                        within two                        business days to the mortgagor's or investor's records maintained                        by the                        servicing entity.                                                                                                                                                                                                                       |
| 3.                                                                                                                           | Tax                        and insurance payments shall be made on or before the penalty                        or insurance                        policy expiration dates, as indicated on tax bills and insurance                        premium                        notices, respectively, provided that such support has been                        received by the                        servicing entity at least thirty (30) calendar days prior                        to these                        dates. |

| 4.   | Any                        late payment penalties paid in conjunction with the payment                        of any tax                        bill or insurance premium notice shall be paid from the servicing                        entity's                        funds and not charged to the mortgagor, unless the late payment                        was due to                        the mortgagor's error or omission. |
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| 5.   | Amounts                        remitted to investors per the servicer's investor reports                        shall agree with                        cancelled checks, or other form of payment, or custodial                        bank                        statements. |
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| 6.                          | Unused                        checks shall be safeguarded so as to prevent unauthorized                        access. |
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**IV. INVESTOR            ACCOUNTING AND REPORTING**

| 1.  | The                      servicing entity's investor reports shall agree with, or reconcile                      to,                      investors' records on a monthly basis as to the total unpaid                      principal                      balance and number of loans serviced by the servicing                      entity. |
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**V. MORTGAGOR            LOAN ACCOUNTING**

| 1.   | The                      servicing entity's mortgage loan records shall agree with,                      or reconcile                      to. the records of mortgagors with respect to the unpaid principal                      balance                      on a monthly basis. |
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| 2.   | Adjustments                      on ARM loans shall be computed based on the related mortgage                      note and any                      ARM rider |
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| 3.   | Escrow                      accounts shall be analyzed, in accordance with the mortgagor's                      loan                      documents, on at least an annual                      basis. |
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| 4.   | Interest                      on escrow accounts shall be paid, or credited, to mortgagors                      in accordance                      with the applicable state laws. |
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**VI. DELINQUENCIES**

| 1.  | Records                      documenting collection efforts shall be maintained during the                      period a                      loan is in default and shall be updated at least monthly. Such                      records                      shall describe the entity's activities in monitoring delinquent                      loans                      including, for example, phone calls, letters and mortgage payment                      rescheduling plans in cases where the delinquency is deemed                      temporary                      (e.g., illness or unemployment). |
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**VII. INSURANCE            POLICIES**

| 1.  | A                      fidelity bond and errors and omissions policy shall be in effect                      on the                      servicing entity throughout the reporting period in the amount                      of coverage                      represented to investors in management's                      assertion. |
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