EX-10.36(b)






Exhibit 10.36(b)




SECOND AMENDMENT

TO THE SUMMARY OF TERMS




This SECOND AMENDMENT TO THE SUMMARY OF TERMS (the “Amendment”) is made and entered
into as of August 5, 2005 by and among SPS Holding Corp., a Delaware corporation (“SPS”),
Select Portfolio Servicing, Inc., a Utah corporation (the “Servicer”), Credit Suisse First
Boston (USA), Inc., a Delaware corporation (the “Investor”), DLJ Mortgage Capital, Inc., a
Delaware corporation (“DLJ”), The PMI Group, Inc., a Delaware corporation, and FSA
Portfolio Management Inc., a New York corporation.



WHEREAS, each of the parties hereto has entered into the Summary of Terms, dated January 19,
2005, as amended by the First Amendment to the Summary of Terms, dated as of July 28, 2005
(together, the “Summary of Terms”), that grants the Investor an option exercisable on or
before August 5, 2005 to acquire all outstanding shares of capital stock of SPS;



WHEREAS, each of the parties hereto have been working together diligently and in good faith to
negotiate definitive agreements and believe that it is in the best interest of all parties to
further amend the Summary of Terms to extend the expiration date of the option granted therein from
August 5, 2005 to August 12, 2005;



NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:



1. Amendment of Exercise Date. The Summary of Terms is hereby amended such that the
date “August 5, 2005” included therein is deleted and replaced with “August 12, 2005”.
Accordingly, after giving effect to such amendment, the Exercise Date shall be August 12, 2005.



2. No Other Amendments; Summary of Terms Remains in Effect. Except as expressly
amended by Section 1 of this Amendment, the Summary of Terms shall remain in full force and effect
in the form in which it existed immediately prior to the execution and delivery of this Amendment.
This Amendment shall not amend or otherwise modify, or constitute a waiver of any provision in, the
Flow Servicing Rights Purchase Agreement, dated as of January 28, 2005 (the “Flow Purchase
Agreement”), between DLJ and the Servicer and such agreement shall remain in full force and
effect.



3. Amendments. No amendments, changes or modifications to this Amendment shall be
valid unless the same are in writing and signed by the parties hereto.



4. Counterparts. This Amendment may be executed in multiple counterparts. Each
counterpart shall be an original, but altogether shall constitute one and the same instrument.



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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
and delivered as of the day and year first above written.



SPS HOLDING CORP.


By /s/ Matt Hollingsworth


Name: Matt Hollingsworth


Title: CEO



SELECT PORTFOLIO SERVICING, INC.


By /s/ Matt Hollingsworth


Name: Matt Hollingsworth


Title: CEO



CREDIT SUISSE FIRST BOSTON (USA), INC.


By /s/ Brady Dougan


Name: Brady Dougan


Title: CEO



DLJ MORTGAGE CAPITAL, INC.


By /s/ Bruce S. Kaiserman


Name: Bruce S. Kaiserman

Title: Vice President



THE PMI GROUP, INC.


By /s/ Arthur P. Slepian


Name: Arthur P. Slepian


Title: SVP & Managing Director, PMI Capital Corporation



FSA PORTFOLIO MANAGEMENT INC.


By /s/ Bruce E. Stern


Name: Bruce E. Stern

Title: General Counsel & Managing Director



Signature Page to Second Amendment to the Summary of Terms





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