EXHIBIT 10.27

                               AMENDMENT NO. 15
                        TO MASTER REPURCHASE AGREEMENT

           Amendment No. 15, dated as  of April 22, 2004 (this  "Amendment"),
 between CREDIT SUISSE FIRST  BOSTON MORTGAGE CAPITAL  LLC (the "Buyer")  and
 UNITED FINANCIAL MORTGAGE CORP. (the "Seller").

                                   RECITALS
                                   --------

           The Buyer  and  the Seller  are  parties to  that  certain  Master
 Repurchase Agreement, dated as of August  29, 2001, as amended by  Amendment
 No. 1,  dated  as  of  August  28,  2002,  Amendment  No. 2,  dated  as   of
 September 3,  2002,  Amendment  No. 3,  dated  as  of  September 26,   2002,
 Amendment No. 4, dated as of October 1, 2002,  Amendment No. 5, dated as  of
 December 2, 2002, Amendment  No. 6 dated as  of January 30, 2003,  Amendment
 No. 7, dated as  of March 15,  2003, Amendment  No. 8, dated  as of  May 30,
 2003, Amendment No. 9, dated as of July 16, 2003, Amendment No. 10, dated as
 of July 23, 2003, Amendment No. 11, dated  as of August 27, 2003,  Amendment
 No. 12, dated  as  of  December 16, 2003,  Amendment  No. 13,  dated  as  of
 February  2, 2004  and Amendment  No. 14, dated  as of  March 31, 2004  (the
 "Existing  Repurchase  Agreement";  as   amended  by  this  Amendment,   the
 "Repurchase Agreement").  Capitalized terms  used but not otherwise  defined
 herein shall have  the meanings  given to  them in  the Existing  Repurchase
 Agreement.

           The Buyer and  the Seller have  agreed, subject to  the terms  and
 conditions of  this Amendment,  that the  Existing Repurchase  Agreement  be
 amended to  reflect  certain agreed  upon  revisions  to the  terms  of  the
 Existing Repurchase Agreement.

           Accordingly,  the   Buyer  and   the  Seller   hereby  agree,   in
 consideration of  the  mutual  premises and  mutual  obligations  set  forth
 herein, that the Existing Repurchase Agreement is hereby amended as follows:

           Section 1. Increased Maximum Aggregate Purchase Price Period.  For
 purposes of this Amendment, this Section 1 will be effective only during the
 Increased Maximum Aggregate Purchase Price Period.

           1.1 Definitions.

           (a) Section  2 of  the Existing  Repurchase  Agreement  is  hereby
 temporarily amended by adding the  following defined terms, which  amendment
 shall be effective  solely during the  Increased Maximum Aggregate  Purchase
 Price Period (as defined below):

           ""Increased Maximum Aggregate  Purchase Price  Period" shall  mean
 the period beginning  on April  22, 2004  through and  including August  26,
 2004."

           (b) Section 2  of  the Existing  Repurchase  Agreement  is  hereby
      temporarily amended by  deleting the definition  of "Maximum  Aggregate
      Purchase Price" in  its entirety and  replacing it  with the  following
      language,  which  amendment  shall  be  effective  solely  during   the
      Increased Maximum Aggregate Purchase Price Period:

           ""Maximum  Aggregate  Purchase  Price"  means  ONE  HUNDRED  FIFTY
 MILLION DOLLARS ($150,000,000)."

           Section 2.  Permanent Amendments.  Section  2   of  the   Existing
 Repurchase Agreement is hereby amended by deleting the definition of "Market
 Value" in its entirety and replacing it with the following:

           "Market Value" means, with respect to any Purchased Mortgage  Loan
 as of any  date of  determination, the  whole loan  servicing retained  fair
 market value of such Purchased Mortgage  Loan on such date as determined  by
 Buyer (or an Affiliate  thereof) in its sole  discretion.  Without  limiting
 the generality of the foregoing, Seller  acknowledges that the Market  Value
 of a Purchased Mortgage Loan may be reduced to zero by Buyer if:

           (i)  a breach of  a representation, warranty  or covenant made  by
      Seller in this Agreement with respect  to such Purchased Mortgage  Loan
      has occurred and is continuing;

           (ii) such Purchased Mortgage  Loan is  more than  (a) twenty  nine
      (29) days past due,  other than a Non-Performing  Mortgage Loan or  (b)
      one hundred eighty (180) days past due or foreclosed upon or  otherwise
      liquidated for Non-Performing Mortgage Loans;

           (iii)     such Purchased Mortgage Loan has been released from  the
      possession of the Custodian under  the Custodial Agreement (other  than
      to a Take-out  Investor pursuant to  a Bailee Letter)  for a period  in
      excess of ten (10) calendar days;

           (iv) such Purchased  Mortgage  Loan  has been  released  from  the
      possession of the Custodian under the Custodial Agreement to a Take-out
      Investor pursuant  to a  Bailee Letter  for a  period in  excess of  45
      calendar days;

           (v)  such  Purchased  Mortgage   Loan  has  been   subject  to   a
      Transaction hereunder for a period of greater than (a) 60 days for  all
      Mortgage Loans other than Aged Loans  (b) 90 days with respect to  each
      Ninety Day Aged Loan or (c) 180  days with respect to each One  Hundred
      Eighty Day Aged Loan;

           (vi) such Purchased Mortgage Loan  is a Repurchased Mortgage  Loan
      which has  been subject  to a  Transaction hereunder  for a  period  of
      greater than 180 days;

           (vii)     such Purchased Mortgage Loan is a Wet-Ink Mortgage  Loan
      for which  the  Wet-Ink  Documents  have  not  been  delivered  to  the
      Custodian on or  prior to the  seventh Business Day  after the  related
      Purchase Date;

           (viii)    when the Purchase Price for such Purchased Mortgage Loan
      is added to  other Purchased Mortgage  Loans, the sum  of the  Purchase
      Price of  all (A)  Non-Performing Mortgage  Loans and  (B)  Repurchased
      Mortgage Loans  that  are, in  either  case, Purchased  Mortgage  Loans
      exceeds $2,000,000;

           (ix) when the Purchase Price for  such Purchased Mortgage Loan  is
      added to other Purchased Mortgage  Loans, the aggregate Purchase  Price
      of all Ninety Day Aged Loans that are Purchased Mortgage Loans  exceeds
      $7.5 million;

           (x)  when the Purchase Price for  such Purchased Mortgage Loan  is
      added to other Purchased Mortgage  Loans, the aggregate Purchase  Price
      of all One Hundred  Eighty Day Aged Loans  that are Purchased  Mortgage
      Loans exceeds $500,000;

           (xi) when the Purchase Price for  such Purchased Mortgage Loan  is
      added to other Purchased Mortgage  Loans, the aggregate Purchase  Price
      of all Second  Lien Mortgage Loans  that are  Purchased Mortgage  Loans
      exceeds $3.75 million;

           (xii)     when the Purchase Price for such Purchased Mortgage Loan
      is added  to other  Purchased Mortgage  Loans, the  aggregate  Purchase
      Price of all  Alt A Mortgage  Loans that are  Purchased Mortgage  Loans
      exceeds $40 million;

           (xiii)    when the Purchase Price for such Purchased Mortgage Loan
      is added  to other  Purchased Mortgage  Loans, the  aggregate  Purchase
      Price of all Sub-Prime Mortgage Loans that are Purchased Mortgage Loans
      exceeds $30 million;

           (xiv)     during the first  five (5)  Business Days  and the  last
      five (5) Business Days of each calendar month, when the Purchase  Price
      for such Purchased Mortgage Loan is  added to other Purchased  Mortgage
      Loans, the aggregate Purchase Price of all Wet-Ink Mortgage Loans  that
      are Purchased  Mortgage  Loans exceeds  40%  of the  Maximum  Aggregate
      Purchase Price;

           (xv) other than during the  first five (5)  Business Days and  the
      last five (5) Business Days of  each calendar month, when the  Purchase
      Price for  such Purchased  Mortgage Loan  is added  to other  Purchased
      Mortgage Loans, the  aggregate Purchase Price  of all Wet-Ink  Mortgage
      Loans that  are Purchased  Mortgage Loans  exceeds 30%  of the  Maximum
      Aggregate Purchase Price; or

           (xvi)     such Purchased Mortgage Loan is no longer acceptable for
      purchase by  Buyer (or  an Affiliate  thereof) under  any of  the  flow
      purchase or conduit programs  for which Seller  then has been  approved
      due to  a  Requirement of  Law  relating  to consumer  credit  laws  or
      otherwise.

           Section 3. Conditions  Precedent.   This  Amendment  shall  become
 effective on April 22, 2004 (the "Amendment Effective Date"), subject to the
 satisfaction of the following conditions precedent:

           3.1 Delivered  Documents.   On the  Amendment Effective  Date, the
 Buyer shall have received  the following documents, each  of which shall  be
 satisfactory to the Buyer in form and substance:

           (a) this Amendment, executed and  delivered by  a duly  authorized
 officer of the Buyer and Seller;

           (b) such other documents as the Buyer or counsel to the Buyer  may
 reasonably request.

           Section 4. Representations  and  Warranties.   The  Seller  hereby
 represents and warrants to  the Buyer that they  are in compliance with  all
 the terms and provisions set forth in the Repurchase Agreement on their part
 to be observed or performed, and that no  Event of  Default has occurred  or
 is continuing,  and  hereby confirm  and  reaffirm the  representations  and
 warranties contained in Section 13 of the Repurchase Agreement.

           Section 5. Limited Effect.    Except  as  expressly  amended   and
 modified by this Amendment, the Existing Repurchase Agreement shall continue
 to be, and shall  remain, in full  force and effect  in accordance with  its
 terms.

           Section 6. Counterparts.  This Amendment may  be executed by  each
 of the parties hereto on any number of separate counterparts, each of  which
 shall be an original  and all of which  taken together shall constitute  one
 and the same instrument.


           Section 7. GOVERNING LAW.  THIS  AMENDMENT SHALL  BE GOVERNED  BY,
 AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK  WITHOUT
 REFERENCE TO THE CHOICE OF LAW PROVISIONS THEREOF.

                           [SIGNATURE PAGE FOLLOWS]



           IN WITNESS  WHEREOF, the  parties have  caused their  names to  be
 signed hereto by their respective officers  thereunto duly authorized as  of
 the day and year first above written.


 Buyer:                      CREDIT SUISSE FIRST BOSTON MORTGAGE CAPITAL LLC,
                             as Buyer

                             By:________________________________
                                Name:
                                Title:


 Seller:                     UNITED FINANCIAL MORTGAGE CORP.,
                             as Seller

                             By:________________________________
                                Name:
                                Title: