Document:

EXHIBIT 10.5 

 

EXECUTION COPY

 

ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES
AGREEMENT

 

This is an Assignment
of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of June, 2012, 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 June 1, 2012 (the “Pooling and Servicing Agreement”), and Cole
Taylor Bank, an Illinois corporation (“Cole Taylor”).

 

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”) are subject to the terms of the Flow Mortgage Loan Purchase
and Sale Agreement dated as of August 1, 2011, between Assignor and Cole Taylor (the “Purchase 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 Purchase 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 

 

1.            Assignor
hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the representations and
warranties made by Cole Taylor pursuant to the Purchase Agreement to the extent relating to the Mortgage Loans, and Depositor hereby
accepts such assignment from Assignor.

 

2.            Depositor
hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the representations and
warranties made by Cole Taylor pursuant to the Purchase Agreement to the extent relating to the Mortgage Loans, Depositor is released
from all obligations under the Purchase Agreement, and Assignee hereby accepts such assignment from Depositor.

 

3.            Cole
Taylor hereby acknowledges the foregoing assignments.

 

Representations and Warranties

 

4.            Assignor warrants
and represents to, and covenants with, Depositor, Assignee and Cole Taylor as of the date hereof that:

 

(a)             Attached hereto
as Attachment 2 is a true and accurate copy of the Purchase 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 and rights under the Purchase Agreement to the extent of the Mortgage Loans, free and clear from
any and all claims and encumbrances whatsoever, and upon the transfer of the representations and warranties to Assignee as contemplated
herein, Assignee shall have good title to such representations and warranties under the Purchase 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 Cole Taylor with respect to the Purchase 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 Purchase 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 Assignee, 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

 

(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.

 

5.            Depositor warrants
and represents to, and covenants with, Assignor, Assignee and Cole Taylor 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;

 

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(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.

 

6.            Assignee warrants
and represents to, and covenants with, Assignor, Depositor and Cole Taylor 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

 

(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.

 

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

 

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(a)             Attached hereto
as Attachment 2 is a true and accurate copy of the Purchase 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)             Cole Taylor 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 perform its obligations under the Purchase Agreement;

 

(c)             Cole Taylor 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
Cole Taylor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of
Cole Taylor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Cole Taylor 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
Cole Taylor or its property is subject. The execution, delivery and performance by Cole Taylor 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 Cole Taylor.
This Agreement has been duly executed and delivered by Cole Taylor and, upon the due authorization, execution and delivery by Assignor,
Assignee and the Depositor, will constitute the valid and legally binding obligation of Cole Taylor enforceable against Cole Taylor
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

 

(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 Cole Taylor in connection with the execution, delivery or performance by Cole Taylor of this Agreement, or the consummation
by it of the transactions contemplated hereby.

 

Restated Cole Taylor Representations
and Warranties

 

8.             Pursuant to Section
32(d) of the Purchase Agreement, Cole Taylor hereby restates to Depositor and Assignee (a) the representations and warranties set
forth in Subsection 7.01 of the Purchase Agreement as of the related Closing Date and (b) the representations and warranties
set forth in Subsection 7.02 of the Purchase Agreement as of the date hereof, 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 related Closing Date or the date hereof,
as the case may be, Assignee shall be entitled to all the remedies under the Purchase Agreement, including, without limitation,
the right to compel Cole Taylor to repurchase Mortgage Loans pursuant to Section 7.03 of the Purchase Agreement, subject to the
provisions of Section 10.

 

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Recognition of Assignee

 

9.            From and after
the date hereof, subject to Section 10 below, Cole Taylor shall recognize Assignee as owner of the Mortgage Loans and will perform
its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby or as may
be amended from time to time, as if Assignee and Cole Taylor had entered into a separate purchase agreement for the purchase of
the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference, as amended by
this Agreement.

 

Enforcement of Rights 

 

10.             (a)             Controlling
Holder Rights. Cole Taylor 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 exercise all of Assignee's rights (and obligations under Section 7.03 in connection with the exercise
of such rights) as Purchaser under the following section of the Purchase Agreement:

 

Purchase
Agreement:

 

	Section
    or Subsection	 	Matter
	 	 	 
	7.03, other than 7.03(c)	 	Repurchase and Substitution

 

(b)             If there is no
Controlling Holder under the Pooling and Servicing Agreement, then all rights that are to be exercised by the Controlling Holder
pursuant to Section 10(a) (and obligations under Section 7.03 in connection with the exercise of such rights) shall be exercised
by Assignee.

 

Amendments to Purchase Agreement

 

11.          The parties
agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

 

(a)          Definitions.

 

(i)             The definitions
of “Arbitration,” “Business Day” and “Repurchase Price” set forth in Section 1 of the Purchase
Agreement shall be deleted and replaced in their entirety as follows:

 

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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 New York, New York 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, Illinois, Maryland, Minnesota,
Missouri or New York, (iii) a day on which banks in the states of California, Illinois, 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.

 

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 Interest 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.

 

(b)             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.

 

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

 

Miscellaneous

 

12.           All demands,
notices and communications related to the Mortgage Loans, the Purchase 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:

 

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(a)           In the case of Cole Taylor,

 

Cole Taylor Bank

 

2350 Green Road, Suite
100

Ann Arbor, MI  48105

Attention: Phil Miller

Tel: (734) 926-2450

Fax: (734) 926-2404

 

With a copy to

Cole Taylor Bank

9550 W. Higgins Road

Rosemont, IL 960018

Chicago, IL 60606

Attention: General Counsel

Fax: (847) 653-7890

 

(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

 

(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.

 

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9062 Old Annapolis Road

Columbia, Maryland 21045)

Telephone number: (410)
884-2000

Facsimile number: (410)
715-2380

Attention: Client Manager
— Sequoia Mortgage Trust 2012-3

 

(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

 

13.           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.

 

14.           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.

 

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

 

16.           This Agreement
shall survive the conveyance of the Mortgage Loans, the assignment of the representations and warranties made by Cole Taylor pursuant
to the Purchase Agreement to the extent of the Mortgage Loans by Assignor to Depositor and by Depositor to Assignee, and the termination
of the Purchase Agreement.

 

17.           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.

 

18.           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. Cole
Taylor hereby consents to such exercise and enforcement.

 

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19.           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 Assignor under the Purchase Agreement, as modified or supplemented by this 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.

 

20.           Master Servicer.
Cole Taylor 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 Cole Taylor hereunder and under the Purchase Agreement and the right to exercise the remedies
of the Purchaser hereunder and under the Purchase Agreement.

 

Cole Taylor 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 #48066700, Sequoia
Mortgage Trust 2012-3 Distribution Account

 

21.           Cole Taylor
acknowledges that the custodian will be Wells Fargo Bank, N.A. acting pursuant to the Custodial Agreement. Notwithstanding Section
10 of the Purchase Agreement, Cole Taylor 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 Purchase Agreement.

 

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22.           Rule 17g-5
Compliance. Cole Taylor hereby agrees that it shall provide information with respect to the Mortgage Loans or the origination
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 2012-3” 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 Cole Taylor in writing of any change in the
identity or contact information of the Rule 17g-5 Information Provider. Cole Taylor 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 22 prohibit or restrict oral or written communications, or providing information, between Cole Taylor, 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 Cole Taylor or (ii) such Rating Agency’s or NRSRO’s evaluation of Cole Taylor’s
operations in general; provided, however, that Cole Taylor 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.

 

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

  

	 	REDWOOD RESIDENTIAL ACQUISITION CORPORATION
	 	Assignor
	 	 
	 	By:	/s/ John Isbrandtsen	 
	 	Name:    	John Isbrandtsen 	 
	 	Title:	Authorized Officer	 
	 	 
	 	SEQUOIA RESIDENTIAL FUNDING, INC.
	 	Depositor
	 	 
	 	By:	/s/ John Isbrandtsen	 
	 	Name:	John Isbrandtsen 	 
	 	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 R. Everhart	 
	 	Name:	Jeffrey R. Everhart 	 
	 	Title:	AVP	 
	 	 
	 	COLE TAYLOR BANK
	 	 
	 	By:	/s/ Philip Miller	 
	 	Name:	Philip Miller	 
	 	Title:	GSVP	 

 

 

	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 – Assignment of Representations
and Warranties – Cole Taylor Bank (SEMT 2012-3)

 

    	 

    	 

    

 

ATTACHMENT 1

 

MORTGAGE LOAN SCHEDULE

 

 

	 	1	2	3	4	5	6	7	8	9	10
	KEY	Primary Servicer	Servicing Fee %	Servicing Fee—Flatdollar	Servicing Advance Methodology	Originator	Loan Group	Loan Number	Amortization Type	Lien Position	HELOC Indicator
	1	1000383	0.002500	 	 	1008808	 	1650002421	1	1	0
	2	1000383	0.002500	 	 	1008808	 	1650002987	1	1	0
	3	1000383	0.002500	 	 	1008808	 	1650003075	1	1	0
	4	1000383	0.002500	 	 	1008808	 	1650003002	1	1	0
	5	1000383	0.002500	 	 	1008808	 	1650003254	1	1	0
	6	1000383	0.002500	 	 	1008808	 	1650003338	1	1	0
	7	1000383	0.002500	 	 	1008808	 	1650003688	1	1	0

 

	 	11	12	13	14	15	16	17	18	19	20
	KEY	Loan Purpose	Cash Out Amount	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
	1	9	 	 	 	 	 	2	0	0	 
	2	7	 	 	 	 	 	2	0	0	 
	3	9	 	 	 	 	 	2	4	0	 
	4	9	 	 	 	 	 	1	0	0	 
	5	7	 	 	 	 	 	2	0	0	 
	6	7	 	 	 	 	 	2	4	0	 
	7	7	 	 	 	 	 	1	4	0	 

 

	 	21	22	23	24	25	26	27	28	29	30
	KEY	Hybrid Period of
 Most Senior Lien (in
 months)	Neg Am Limit of
 Most Senior Lien	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
	1	 	 	0.00	 	20120203	701880.00	0.045000	360	360	20120401
	2	 	 	0.00	 	20120423	750000.00	0.048750	360	360	20120601
	3	 	 	235000.00	 	20120413	1410000.00	0.042500	360	360	20120601
	4	 	 	0.00	 	20120309	757000.00	0.046250	360	360	20120501
	5	 	 	0.00	 	20120403	847500.00	0.043750	360	360	20120601
	6	 	 	0.00	 	20120416	700000.00	0.043750	360	360	20120601
	7	 	 	0.00	 	20120418	669750.00	0.047500	360	360	20120601

 

	 	31	32	33	34	35	36	37	38	39	40
	KEY	Interest Type
 Indicator	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
	1	1	0	0	0	699096.76	0.045000	3556.32	20120601	0	0
	2	1	0	0	0	749077.81	0.048750	3969.06	20120601	0	0
	3	1	0	0	0	1408057.39	0.042500	6936.35	20120601	0	0
	4	1	0	0	0	752831.20	0.046250	3892.04	20120601	0	0
	5	1	0	0	0	846358.40	0.043750	4231.44	20120601	0	0
	6	1	0	0	0	699057.08	0.043750	3495.00	20120601	0	0
	7	1	0	0	0	668907.36	0.047500	3493.73	20120601	0	0

 

	 	41	42	43	44	45	46	47	48	49	50
	KEY	ARM Look-back
 Days	Gross Margin	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)
	1	 	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 	 

 

	 	51	52	53	54	55	56	57	58	59	60
	KEY	Lifetime Maximum
 Rate (Ceiling)	Lifetime Minimum
 Rate (Floor)	Negative
 Amortization Limit	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
	1	 	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 	 

 

	 	61	62	63	64	65	66	67	68	69	70
	KEY	Subsequent
 Minimum Payment
 Reset Period	Option ARM
 Indicator	Options at Recast	Initial Minimum
 Payment	Current Minimum
 Payment	Prepayment Penalty
 Calculation	Prepayment Penalty
 Type	Prepayment Penalty
 Total Term	Prepayment Penalty
 Hard Term	Primary Borrower ID
	1	 	 	 	 	 	 	 	0	 	281
	2	 	 	 	 	 	 	 	0	 	82
	3	 	 	 	 	 	 	 	0	 	42
	4	 	 	 	 	 	 	 	0	 	174
	5	 	 	 	 	 	 	 	0	 	195
	6	 	 	 	 	 	 	 	0	 	40
	7	 	 	 	 	 	 	 	0	 	99

 

	 	71	72	73	74	75	76	77	78	79	80
	KEY	Number of
 Mortgaged
 Properties	Total Number of
 Borrowers	Self-employment
 Flag	Current ‘Other’
 Monthly Payment	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
	1	1	 	0	 	24	 	15	1	 	 
	2	1	 	1	 	15	 	0	1	 	 
	3	2	 	1	 	10	8	5	1	 	 
	4	1	 	0	 	3.1	 	6.3	1	 	 
	5	1	 	1	 	5	 	0	1	 	 
	6	1	 	0	 	8	 	0	1	 	 
	7	1	 	1	 	4	 	0	1	 	 

 

	 	81	82	83	84	85	86	87	88	89	90
	KEY	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	Original
 Primary Borrower
 FICO	Most Recent
 Primary Borrower
 FICO	Most Recent Co-
 Borrower FICO	Most Recent FICO
 Method	VantageScore:
 Primary Borrower
	1	 	 	 	 	 	728	 	 	 	 
	2	 	 	 	 	 	795	 	 	 	 
	3	 	 	 	 	 	763	 	 	 	 
	4	 	 	 	 	 	737	 	 	 	 
	5	 	 	 	 	 	801	 	 	 	 
	6	 	 	 	 	 	769	 	 	 	 
	7	 	 	 	 	 	768	 	 	 	 

 

	 	91	92	93	94	95	96	97	98	99	100
	KEY	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	Most Recent 12-
 month Pay History	Months Bankruptcy	Months Foreclosure
	1	 	 	 	 	 	 	 	000000000000	 	 
	2	 	 	 	 	 	 	 	000000000000	 	 
	3	 	 	 	 	 	 	 	000000000000	 	 
	4	 	 	 	 	 	 	 	000000000000	 	 
	5	 	 	 	 	 	 	 	000000000000	 	 
	6	 	 	 	 	 	 	 	000000000000	 	 
	7	 	 	 	 	 	 	 	000000000000	 	 

 

	 	101	102	103	104	105	106	107	108	109	110
	KEY	Primary Borrower
 Wage Income	Co-Borrower Wage
 Income	Primary Borrower
 Other Income	Co-Borrower Other
 Income	All Borrower Wage
 Income	All Borrower Total
 Income	4506-T Indicator	Borrower Income
 Verification Level	Co-Borrower
 Income Verification	Borrower
 Employment
 Verification
	1	0.00	 	23161.41	 	0.00	23161.41	1	5	 	3
	2	41261.00	0.00	-1268.00	0.00	41261.00	39993.00	1	5	 	3
	3	87598.00	9333.00	-328.00	0.00	96931.00	96603.00	1	5	 	3
	4	20833.74	 	-18.04	 	20833.74	20815.70	1	5	 	3
	5	0.00	0.00	18555.00	0.00	0.00	18555.00	1	5	 	3
	6	41600.00	 	-25.00	 	41600.00	41575.00	1	5	 	3
	7	19533.00	 	0.00	 	19533.00	19533.00	1	5	 	3

 

	 	111	112	113	114	115	116	117	118	119	120
	KEY	Co-Borrower
 Employment
 Verification	Borrower Asset
 Verification	Co-Borrower Asset
 Verification	Liquid / Cash
 Reserves	Monthly Debt All
 Borrowers	Originator DTI	Fully Indexed Rate	Qualification
 Method	Percentage of Down
 Payment from
 Borrower Own
 Funds	City
	1	 	4	 	6144662.02	8111.13	0.3502	 	 	 	Malibu
	2	 	4	 	372972.70	7594.67	0.1899	 	 	100	Dallas
	3	 	4	 	1500071.60	18847.25	0.1951	 	 	 	Manhasset
	4	 	4	 	126749.92	5611.91	0.2696	 	 	 	Dallas
	5	 	4	 	167041.90	6776.29	0.3652	 	 	100	Newport Beach
	6	 	4	 	433438.73	9208.86	0.2215	 	 	100	Saint Johns
	7	 	4	 	142433.94	6471.28	0.3313	 	 	100	Dallas

 

	 	121	122	123	124	125	126	127	128	129	130
	KEY	State	Postal Code	Property Type	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
	1	CA	90265	1	1	 	9000000.00	3	20111226	 	 
	2	TX	75229	1	1	1050000.00	1087000.00	3	20120210	 	 
	3	NY	11030	1	1	 	2350000.00	3	20120316	 	 
	4	TX	75205	1	1	 	1054000.00	3	20120215	 	 
	5	CA	92663	1	1	1130000.00	1130000.00	3	20120306	 	 
	6	FL	32259	7	1	1200000.00	1000000.00	3	20120312	 	 
	7	TX	75225	1	1	893000.00	895000.00	3	20120409	 	 

 

	 	131	132	133	134	135	136	137	138	139	140
	KEY	Most Recent
 Property Value2	Most Recent
 Property Valuation
 Type	Most Recent
 Property Valuation
 Date	Most Recent AVM
 Model Name	Most Recent AVM
 Confidence Score	Original CLTV	Original LTV	Original Pledged
 Assets	Mortgage Insurance
 Company Name	Mortgage Insurance
 Percent
	1	 	 	 	 	 	0.0779	0.0779	0	0	0
	2	 	 	 	 	 	0.7142	0.7142	0	0	0
	3	 	 	 	 	 	0.7000	0.6000	0	0	0
	4	 	 	 	 	 	0.7182	0.7182	0	0	0
	5	 	 	 	 	 	0.7500	0.7500	0	0	0
	6	 	 	 	 	 	0.7000	0.7000	0	0	0
	7	 	 	 	 	 	0.7500	0.7500	0	0	0

 

 

	 	141	142	143	144	145	146	147	148	149	150
	KEY	MI: Lender or
 Borrower Paid?	Pool Insurance Co.
 Name	Pool Insurance Stop
 Loss %	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
	1	 	 	 	 	 	 	 	 	 	 
	2	 	 	 	 	 	 	 	 	 	 
	3	 	 	 	 	 	 	 	 	 	 
	4	 	 	 	 	 	 	 	 	 	 
	5	 	 	 	 	 	 	 	 	 	 
	6	 	 	 	 	 	 	 	 	 	 
	7	 	 	 	 	 	 	 	 	 	 

 

	 	151	152	153	154	155	156	157	158	159	160
	KEY	Pre-Modification P&I
 Payment	Pre-Modification
 Initial Interest Rate
 Change Downward
 Cap	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
	1	 	 	 	 	 	 	 	 	 	24
	2	 	 	 	 	 	 	 	 	 	15
	3	 	 	 	 	 	 	 	 	 	15
	4	 	 	 	 	 	 	 	 	 	21
	5	 	 	 	 	 	 	 	 	 	10
	6	 	 	 	 	 	 	 	 	 	13
	7	 	 	 	 	 	 	 	 	 	6

 

	 	161	162	163	164	165	166	167	168	169	170
	KEY	CoBrrw - Yrs at in Industry	Junior Mortgage Drawn Amount	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
	1	 	0	20420301	0.00	0.00	0.00	 	 	 	Full
	2	 	0	20420501	41261.00	0.00	0.00	0.00	0.00	0.00	Full
	3	8	235000	20420501	87598.00	0.00	0.00	9333.00	0.00	0.00	Full
	4	 	0	20420401	20833.74	0.00	0.00	 	 	 	Full
	5	 	0	20420501	0.00	0.00	0.00	0.00	0.00	0.00	Full
	6	 	0	20420501	41600.00	0.00	0.00	 	 	 	Full
	7	 	0	20420501	19533.00	0.00	0.00	 	 	 	Full

 

 

	 	171	172
	KEY	RWT Income Verification	RWT Asset Verification
	1	2 Years	2 Months
	2	2 Years	2 Months
	3	2 Years	2 Months
	4	2 Years	2 Months
	5	2 Years	2 Months
	6	2 Years	2 Months
	7	2 Years	2 Months

 

 

 

 

 

	ASF RMBS DISCLOSURE PACKAGE

The American Securitization Forum is a broad-based professional forum through which participants in the U.S. securitization market advocate their common interests on important legal, regulatory and market practice issues. ASF members include over 380 firms, including issuers, investors, servicers, financial intermediaries, rating agencies, financial guarantors, legal and accounting firms, and other professional organizations involved in securitization transactions. The ASF also provides information, education and training on a range of securitization market issues and topics through industry conferences, seminars and similar initiatives. For more information about ASF, its members and activities, please go to www.americansecuritization.com.	 
	Field
    Number	Field
    Name	Field
    Description	Type
    of Field	Data
    Type	Sample
    Data	Format	When
    Applicable?	Valid
    Values	Proposed
    Unique Coding	Notes	 
	1	Primary
    Servicer	The
    MERS Organization ID of the company that has or will have the right to service the loan.	General
    Information	Numeric
    – Integer	2351805	9(7)	Always	”9999999”
    if Unknown	 	 	 
	2	Servicing
    Fee—Percentage	Aggregate
    monthly fee paid to all servicers, stated in decimal form.	General
    Information	Numeric
    - Decimal	0.0025	9.999999	Loans
    without flat-dollar servicing fees	>=
    0 and < 1	 	Must
    be populated if Field 3 is Null	 
	3	Servicing
    Fee—Flat-dollar	Aggregate
    monthly fee paid to all servicers, stated as a dollar amount.	General
    Information	Numeric
    – Decimal	7.5	9(3).99	Loans
    with flat-dollar servicing fees	>=
                                                                                                                                                           0
                                                                                                                                                           and

        <=
        999
	 	Must
    be populated if 2 is Null	 
	4	Servicing
    Advance Methodology	The
    manner in which principal and/or interest are to be advanced by the servicer.	General
    Information	Numeric
    – Integer	2	99	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Scheduled
                                                                                                                                                           Interest,
                                                                                                                                                           Scheduled
                                                                                                                                                           Principal

        2 = Actual Interest, Actual
        Principal

        3 = Scheduled Interest,
        Actual Principal

        99 = Unknown
	 	 
	5	Originator	The
    MERS Organization ID of the entity that lends funds to the borrower and, in return, places a lien on the mortgage property
    as collateral.	General
    Information	Numeric
    – Integer	5938671	9(7)	Always	”9999999”
    if Unknown	 	 	 
	6	Loan
    Group	Indicates
    the collateral group number in which the loan falls (for structures with multiple collateral groups). Use “1”
    if there is only one loan group.	General
    Information	Text	1A	XXXX	Always	“UNK”
    if Unknown	 	 	 
	7	Loan
    Number	Unique
    National Mortgage Loan ID Number (Vendor TBD).	General
    Information	Numeric
    – Integer	TBD	TBD	Always	TBD	 	Details
    to be provided by Vendor	 
	8	Amortization
    Type	Indicates
    whether the loan’s interest rate is fixed or adjustable (Hybrid ARMs are adjustable).	Loan
    Type	Numeric
    – Integer	2	99	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Fixed

        2 = Adjustable

        99 = Unknown
	 	 
	9	Lien
    Position	A
    number indicating the loan’s lien position (1 = first lien, etc.).	Loan
    Type	Numeric
    – Integer	1	99	Always	>0	99
    = Unknown	 	 
	10	HELOC
    Indicator	Indicates
    whether the loan is a home equity line of credit.	Loan
    Type	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	11	Loan
    Purpose	Indicates
    the purpose of the loan.	Loan
    Type	Numeric
    – Integer	9	99	Always	See
    Coding	See
    Appendix A	 	 
	12	Cash
    Out Amount	Cash
    Out Amount:   [New Loan] – [PIF Prior First Lien] – [Payoff of all Seasoned Seconds] – [Closing
    Costs] – [Prepays]
 
 For delayed purchases (refinances on homes purchased < 12 months prior to the mortgage
    application) with cash)  Cash Out Amount = 0.	Loan
    Type	Numeric
    – Decimal	72476.5	9(10).99	Always	>=
    0	 	 	 
	 
	 
	13	Total
    Origination and Discount Points (in dollars)	Amount
    paid to the lender to increase the lender’s effective yield and, in the case of discount points, to reduce the interest
    rate paid by the borrower.	Loan
    Type	Numeric
    – Decimal	5250	9(10).99	Always	>=
    0	 	Typically
    Lines 801 and 802 of HUD Settlement Statement	 
	14	Covered/High
    Cost Loan Indicator	Indicates
    whether the loan is categorized as “high cost” or “covered” according to state or federal statutes
    or regulations.	Loan
    Type	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	15	Relocation
    Loan Indicator	Indicates
    whether the loan is part of a corporate relocation program.	Loan
    Type	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	16	Broker
    Indicator	Indicates
    whether a broker took the application.	Loan
    Type	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	17	Channel	Code
    indicating the source (channel) from which the Issuer obtained the mortgage loan.	Loan
    Type	Numeric
    – Integer	2	99	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Retail

        2 = Broker

        3 = Correspondent Bulk

        4 = Correspondent Flow
        with delegated underwriting

        5 = Correspondent Flow
        without delegated underwriting

        99 = Unknown
	 	 
	18	Escrow
    Indicator	Indicates
    whether various homeownership expenses are paid by the borrower directly or through an escrow account (as of securitization
    cut-off date).	Loan
    Type	Numeric
    – Integer	3	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No
                                                                                                                                                           Escrows

        1 = Taxes

        2 = Insurance

        3 = HOA dues

        4 = Taxes and Insurance

        5 = All

        99 =Unknown
	 	 
	19	Senior
    Loan Amount(s)	For
    non-first mortgages, the sum of the balances of all associated senior mortgages at the time of origination of the subordinate
    lien. 	Mortgage
    Lien Info	Numeric
    – Decimal	611004.25	9(10).99	If
    Lien Position > 1	>=
    0	 	 	 
	20	Loan
    Type of Most Senior Lien	For
    non-first mortgages, indicates whether the associated first mortgage is a Fixed, ARM, Hybrid, or negative amortization loan.	Mortgage
    Lien Info	Numeric
    – Integer	2	99	If
    Lien Position > 1	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Fixed
                                                                                                                                                           Rate

        2 = ARM

        3 = Hybrid

        4 = Neg Am

        99 = Unknown
	 	 
	21	Hybrid
    Period of Most Senior Lien (in months)	For
    non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed
    interest rate period for the hybrid first mortgage.	Mortgage
    Lien Info	Numeric
    – Integer	23	999	If
                                                                                                                                                           Lien
                                                                                                                                                           Position
                                                                                                                                                           >
                                                                                                                                                           1

        AND
        the most senior lien is a hybrid ARM (see Field 20)
	>=
    0	 	 	 
	22	Neg
    Am Limit of Most Senior Lien	For
    non-first mortgages where the associated first mortgage features negative amortization, the maximum percentage by which the
    negatively amortizing balance may increase (expressed as a proportion of the senior lien’s original balance).	Mortgage
    Lien Info	Numeric
    – Decimal	1.25	9.999999	If
                                                                                                                                                           Lien
                                                                                                                                                           Position
                                                                                                                                                           >
                                                                                                                                                           1

        AND
        the senior lien is Neg Am (see Field 20)
	>=
    1 and <= 2	 	 	 
	23	Junior
    Mortgage Balance	For
    first mortgages with subordinate liens at the time of origination, the combined balance of the subordinate liens (if known).	Mortgage
    Lien Info	Numeric
    – Decimal	51775.12	9(10).99	If
    Lien Position = 1 and there is a 2nd lien on the subject property	>=
    0	 	Subject
    to Regulatory Confirmation	 
	24	Origination
    Date of Most Senior Lien	For
    non-first mortgages, the origination date of the associated first mortgage.	Mortgage
    Lien Info	Date	20090914	YYYYMMDD	If
    Lien Position > 1 and there is a 2nd lien on the subject property	“19010101”
    if unknown	 	 	 
	25	Origination
    Date	The
    date of the Mortgage Note and Mortgage/Deed of Trust	Loan
    Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101”
    if unknown	 	 	 
	26	Original
    Loan Amount	The
    dollar amount of the mortgage loan, as specified on the mortgage note at the time of the loan’s origination. For HELOCs,
    the maximum available line of credit.	Loan
    Term and Amortization Type	Numeric
    – Decimal	150000	9(10).99	Always	>0	 	 	 
	27	Original
    Interest Rate	The
    original note rate as indicated on the mortgage note.	Loan
    Term and Amortization Type	Numeric
    – Decimal	0.0475	9.999999	Always	>
    0 and <= 1	 	 	 
	28	Original
    Amortization Term	The
    number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each
    month.	Loan
    Term and Amortization Type	Numeric
    – Integer	360	999	Always	>=
    60	 	 	 
	29	Original
    Term to Maturity	The
    initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.	Loan
    Term and Amortization Type	Numeric
    – Integer	60	999	Always	>0	N/A	 	 
	30	First
    Payment Date of Loan	The
    date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note.	Loan
    Term and Amortization Type	Date	20090914	YYYYMMDD	Always	“19010101”
    if unknown	N/A	 	 
	31	Interest
    Type Indicator	Indicates
    whether the interest rate calculation method is simple or actuarial.	Loan
    Term and Amortization Type	Numeric
    – Integer	2	99	Always	See
    Coding	1=
                                                                                                                                                           Simple

        2 = Actuarial

        99 = Unknown
	 	 
	32	Original
    Interest Only Term	Original
    interest-only term for a loan in months (including NegAm Loans).	Loan
    Term and Amortization Type	Numeric
    – Integer	60	999	Always	>=
                                                                                                                                                           0
                                                                                                                                                           and
                                                                                                                                                           <=
                                                                                                                                                           240

        Unknown
        = Blank;

        No
        Interest Only Term = 0
	 	 	 
	33	Buy
    Down Period	The
    total number of months during which any buy down is in effect, representing the accumulation of all buy down periods.	Loan
    Term and Amortization Type	Numeric
    – Integer	65	999	Always	>=
                                                                                                                                                           0
                                                                                                                                                           and
                                                                                                                                                           <=
                                                                                                                                                           100

        Unknown
        = Blank;

        No
        Buy Down = 0
	 	 	 
	34	HELOC
    Draw Period	The
    original number of months during which the borrower may draw funds against the HELOC account.	Loan
    Term and Amortization Type	Numeric
    – Integer	24	999	HELOCs
    Only	>=
    12 and <= 120	 	 	 
	35	Scheduled
    Loan Amount	Mortgage
    loan scheduled principal balance as of cut-off date. For HELOCs, the current drawn amount.	Loan
    Term and Amortization Type	Numeric
    – Decimal	248951.19	9(10).99	Always	>=
    0	 	 	 
	36	Current
    Interest Rate	The
    interest rate used to calculate the current P&I or I/O payment.	Loan
    Term and Amortization Type	Numeric
    – Decimal	0.05875	9.999999	Always	>
    0 and <= 1	 	 	 
	37	Current
    Payment Amount Due	Next
    Total Payment due to be collected (including principal, interest or both—but Exclude Escrow Amounts).	Loan
    Term and Amortization Type	Numeric
    – Decimal	1250.15	9(10).99	Always	>
    0	 	 	 
	38	Scheduled
    Interest Paid
 Through Date	 	Loan
    Term and Amortization Type	Date	20090429	YYYYMMDD	Always	“19010101”
    if unknown	 	 	 
	39	Current
    Payment Status	Number
    of payments the borrower is past due as of the securitization cut-off date.	Loan
    Term and Amortization Type	Numeric
    – Integer	3	99	Always	>=
    0	 	 	 
	40	Index
    Type	Specifies
    the type of index to be used to determine the interest rate at each adjustment.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Integer	18	99	ARMs
    Only	See
    Coding	See
    Appendix B	 	 
	41	ARM
    Look-back Days	The
    number of days prior to the interest rate adjustment date to retrieve the index value.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Integer	45	99	ARMs
    Only	>=
    0 to <=99	 	 	 
	42	Gross
    Margin	The
    percentage stated on the mortgage note representing the spread between the ARM Index value and the mortgage interest rate.
    The gross mortgage margin is added to the index value to establish a new gross interest rate in the manner prescribed on the
    mortgage note.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.03	9.999999	ARMs
    Only	>0
    and <= 1	 	 	 
	43	ARM
    Round Flag	An
    indicator of whether an adjusted interest rate is rounded to the next higher ARM round factor, to the next lower round factor,
    or to the nearest round factor.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Integer	3	9	ARMs
    Only	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No
                                                                                                                                                           Rounding

        1 = Up

        2 = Down

        3 = Nearest

        99=Unknown
	 	 
	44	ARM
    Round Factor	The
    percentage to which an adjusted interest rate is to be rounded.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.0025
    or 0.00125	9.999999	ARMs
                                                                                                                                                           Only

        Where
        ARM Round Flag = 1, 2, or 3
	>=
    0 and < 1	 	 	 
	45	Initial
    Fixed Rate Period	For
    hybrid ARMs, the period between the first payment date of the mortgage and the first interest rate adjustment date.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Integer	60	999	Hybrid
    ARMs Only	>=
    1 to <=240	 	 	 
	46	Initial
    Interest Rate Cap (Change Up)	The
    maximum percentage by which the mortgage note rate may increase at the first interest rate adjustment date.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.02	9.999999	ARMs
    Only	>=
    0 and <= 1	99=no
    cap	 	 
	47	Initial
    Interest Rate  Cap (Change Down)	The
    maximum percentage by which the mortgage note rate may decrease at the first interest rate adjustment date.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.02	9.999999	ARMs
    Only	>=
    0 and <= 1	99=no
    cap	 	 
	48	Subsequent
    Interest Rate Reset Period	The
    number of months between subsequent rate adjustments.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Integer	60	999	ARMs
    Only	>=0
    and <= 120	 	0
    = Loan does not adjust after initial reset	 
	49	Subsequent
    Interest Rate (Change Down)	The
    maximum percentage by which the interest rate may decrease at each rate adjustment date after the initial adjustment.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.02	9.999999	ARMs
    Only	>=
    0 and <= 1	99=no
    cap	 	 
	50	Subsequent
    Interest Rate Cap (Change Up)	The
    maximum percentage by which the interest rate may increase at each rate adjustment date after the initial adjustment.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.02	9.999999	ARMs
    Only	>=
    0 and <= 1	99=no
    cap	 	 
	51	Lifetime
    Maximum Rate (Ceiling)	The
    maximum interest rate that can be in effect during the life of the loan.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.125	9.999999	ARMs
    Only	>=
    0 and <= 1	 	=1
    if no ceiling specified	 
	 
	 
	52	Lifetime
    Minimum Rate (Floor)	The
    minimum interest rate that can be in effect during the life of the loan.	Adjustable
    Rate Mortgages (ARMs)	Numeric
    – Decimal	0.015	9.999999	ARMs
    Only	>=
    0 and <= 1	 	If
    no floor is specified enter the greater of the margin or 0.	 
	53	Negative
    Amortization Limit	The
    maximum amount of negative amortization allowed before recast is required. (Expressed as a percentage of the original unpaid
    principal balance.)	Negative
    Amortization	Numeric
    – Decimal	1.25	9.999999	Negatively
    Amortizing ARMs Only	>=0,
    and <2	 	 	 
	54	Initial
    Negative Amortization Recast Period	The
    number of months in which the payment is required to recast if the loan does not reach the prescribed maximum balance earlier.	Negative
    Amortization	Numeric
    – Integer	60	999	Negatively
    Amortizing ARMs Only	>=0	 	 	 
	55	Subsequent
    Negative Amortization Recast Period	The
    number of months after which the payment is required to recast AFTER the first recast period.	Negative
    Amortization	Numeric
    – Integer	48	999	Negatively
    Amortizing ARMs Only	>=0	 	 	 
	56	Initial
    Fixed Payment Period	Number
    of months after origination during which the payment is fixed.	Negative
    Amortization	Numeric
    – Integer	60	999	Negatively
    Amortizing Hybrid ARMs Only	>=
    0 to <=120	 	 	 
	57	Subsequent
    Payment Reset Period	Number
    of months between payment adjustments after first payment reset.	Negative
    Amortization	Numeric
    – Integer	12	999	Negatively
    Amortizing ARMs Only	>=
    0 to <=120	 	 	 
	58	Initial
    Periodic Payment Cap	The
    maximum percentage by which a payment can change (increase or decrease) in the first period. 	Negative
    Amortization	Numeric
    – Decimal	0.075	9.999999	Negatively
    Amortizing ARMs Only	>=
    0 and < 1	 	 	 
	59	Subsequent
    Periodic Payment Cap	The
    maximum percentage by which a payment can change (increase or decrease) in one period after the initial cap. 	Negative
    Amortization	Numeric
    – Decimal	0.075	9.999999	Negatively
    Amortizing ARMs Only	>=
    0 and < 1	 	 	 
	60	Initial
    Minimum Payment Reset Period	The
    maximum number of months a borrower can initially pay the minimum payment before a new minimum payment is determined.	Negative
    Amortization	Numeric
    – Integer	12	999	Negatively
    Amortizing ARMs Only	>=
    0 to <=120	 	 	 
	61	Subsequent
    Minimum Payment Reset Period	The
    maximum number of months (after the initial period) a borrower can pay the minimum payment before a new minimum payment is
    determined after the initial period.	Negative
    Amortization	Numeric
    – Integer	12	999	Negatively
    Amortizing ARMs Only	>=
    0 to <=120	 	 	 
	62	Option
    ARM Indicator	An
    indicator of whether the loan is an Option ARM.	Negative
    Amortization	Numeric
    – Integer	1	99	ARMs
    Only	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	63	Options
    at Recast	The
    means of computing the lowest monthly payment available to the borrower after recast.	Option
    ARM	Numeric
    – Integer	2	99	Option
    ARMs Only	N/A	1=
                                                                                                                                                           Fully
                                                                                                                                                           amortizing
                                                                                                                                                           30
                                                                                                                                                           year

        2= Fully amortizing 15
        year

        3=Fully amortizing 40
        year

        4 = Interest-Only

        5 = Minimum Payment

        99= Unknown
	 	 
	64	Initial
    Minimum Payment	The
    initial minimum payment the borrower is permitted to make.	Option
    ARM	Numeric
    – Decimal	879.52	99	Option
    ARMs Only	>=0	 	 	 
	65	Current
    Minimum Payment	Current
    Minimum Payment (in dollars).	Negative
    Amortization	Numeric
    – Decimal	250	9(10).99	Option
    ARMs Only	>=
    0	 	 	 
	66	Prepayment
    Penalty Calculation	A
    description of how the prepayment penalty would be calculated during each phase of the prepayment penalty term.	Prepayment
    Penalties	Numeric
    – Integer	12	99	Always	See
    Coding	See
    Appendix C	 	 
	67	Prepayment
    Penalty Type	•
                                                                                                                                                           Hard:
                                                                                                                                                           The
                                                                                                                                                           prepayment
                                                                                                                                                           penalty
                                                                                                                                                           is
                                                                                                                                                           incurred
                                                                                                                                                           regardless
                                                                                                                                                           of
                                                                                                                                                           the
                                                                                                                                                           reason
                                                                                                                                                           the
                                                                                                                                                           loan
                                                                                                                                                           is
                                                                                                                                                           prepaid
                                                                                                                                                           in
                                                                                                                                                           full.

        • Hybrid:
        The prepayment penalty can be characterized as hard for a certain amount of time and as soft during another period.

         

         
	Prepayment
    Penalties	Numeric
    – Integer	1	99	All
    loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Hard

        2 = Soft

        3 = Hybrid

        99 = Unknown
	 	 
	68	Prepayment
    Penalty Total Term	The
    total number of months that the prepayment penalty may be in effect.	Prepayment
    Penalties	Numeric
    – Integer	60	999	All
    loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)	>0
    to <=120	 	 	 
	69	Prepayment
    Penalty Hard Term	For
    hybrid prepayment penalties, the number of months during which a “hard” prepayment penalty applies.	Prepayment
    Penalties	Numeric
    – Integer	12	999	Loans
    with Hybrid Prepayment Penalties (i.e., loans for which Field 67 = “3”)	>=
    0 to <=120	 	 	 
	70	Primary
    Borrower ID	A
    lender-generated ID number for the primary borrower on the mortgage	Borrower	Numeric—Integer	123456789	999999999	Always	>0	 	Used
    to identify the number of times a single borrower appears in a given deal.	 
	71	Number
    of Mortgaged Properties	The
    number of residential properties owned by the borrower that currently secure mortgage loans.	Borrower	Numeric
    – Integer	1	99	Always	>
    0	 	 	 
	72	Total
    Number of Borrowers	The
    number of Borrowers who are obligated to repay the mortgage note.	Borrower	Numeric
    – Integers	2	99	Always	>
    0	 	 	 
	73	Self-employment
    Flag	An
    indicator of whether the primary borrower is self-employed.	Borrower	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	74	Current
    ‘Other’ Monthly Payment	The
    aggregate of all payments pertaining to the subject property other than principal and interest (includes common charges, condo
    fees, T&I, HOA, etc.), whether escrowed or not.	Loan
    Term and Amortization Type	Numeric
    – Decimal	1789.25	9(10).99	Always	>
    0	 	 	 
	75	Length
    of Employment: Borrower	The
    number of years of service with the borrower’s current employer as of the date of the loan.	Borrower
    Qualification	Numeric
    – Decimal	3.5	99.99	Always	>=0	99
    = Retired, None employment income soure (social security, trust income, dividends, etc.)	 	 
	76	Length
    of Employment: Co-Borrower	The
    number of years of service with the co-borrower’s current employer as of the date of the loan.	Borrower
    Qualification	Numeric
    – Decimal	3.5	99.99	If
    “Total Number of Borrowers” > 1	>=
    0	99
    = Retired, None employment income soure (social security, trust income, dividends, etc.)	 	 
	77	Years
    in Home	Length
    of time that the borrower has been at current address.	Borrower
    Qualification	Numeric
    – Decimal	14.5	99.99	Refinances
    of Primary Residences Only (Loan Purpose = 1, 2, 3, 4, 8 or 9)	>
    0	 	 	 
	78	FICO
    Model Used	Indicates
    whether the FICO score was calculated using the Classic, Classic 08, or Next Generation model.	Borrower
    Qualification	Numeric
    – Integer	1	99	If
    a FICO score was obtained	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Classic

        2 = Classic 08

        3 = Next Generation

        99 = Unknown
	 	 
	79	Most
    Recent FICO Date	Specifies
    the date on which the most recent FICO score was obtained	Borrower
    Qualification	Date	20090914	YYYYMMDD	If
    a FICO score was obtained	“19010101”
    if unknown	 	Issuers
    unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date
    of issuance.	 
	80	Primary
    Wage Earner Original FICO:  Equifax	Equifax
    FICO score for primary borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a FICO score was obtained	>=
    350 and <= 850	 	 	 
	81	Primary
    Wage Earner Original FICO:  Experian	Experian
    FICO score for primary borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a FICO score was obtained	>=
    350 and <= 850	 	 	 
	82	Primary
    Wage Earner Original FICO:  TransUnion	TransUnion
    FICO score for primary borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a FICO score was obtained	>=
    350 and <= 850	 	 	 
	83	Secondary
    Wage Earner Original FICO:  Equifax	Equifax
    FICO score for Co-borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    “Total Number of Borrowers” > 1	>=
    350 and <= 850	 	 	 
	84	Secondary
    Wage Earner Original FICO:  Experian	Experian
    FICO score for Co-borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    “Total Number of Borrowers” > 1	>=
    350 and <= 850	 	 	 
	85	Secondary
    Wage Earner Original FICO: TransUnion	TransUnion
    FICO score for Co-borrower (if applicable).	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    “Total Number of Borrowers” > 1	>=
    350 and <= 850	 	 	 
	86	Most
    Recent Primary Borrower FICO	Most
    Recent Primary Borrower FICO score used by the lender to approve the loan.	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a FICO score was obtained	>=
    350 and <= 850	 	 	 
	87	Most
    Recent Co-Borrower FICO	Most
    Recent Co-Borrower FICO score used by the lender to approve the loan.	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    “Total Number of Borrowers” > 1	>=
    350 and <= 850	 	 	 
	88	Most
    Recent FICO Method	Number
    of credit repositories used to update the FICO Score.	Borrower
    Qualification	Numeric
    – Integer	2	9	If
    a FICO score was obtained	>0	 	 	 
	89	VantageScore:
    Primary Borrower	Credit
    Score for the Primary Borrower used to approve the loan and obtained using the Vantage credit evaluation model.	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a Vantage Credit Score was obtained	>=
    501 and <= 990	 	 	 
	90	VantageScore:
    Co-Borrower	Credit
    Score for the Co-borrower used to approve the loan and obtained using the Vantage credit evaluation model.	Borrower
    Qualification	Numeric
    – Integer	720	9999	If
    a VantageScore was obtained AND “Total Number of Borrowers” > 1	>=
    501 and <= 990	 	 	 
	91	Most
    Recent VantageScore Method	Number
    of credit repositories used to update the Vantage Score.	Borrower
    Qualification	Numeric
    – Integer	2	9	If
    a Vantage Credit Score was obtained	>0	 	 	 
	92	VantageScore
    Date	Date
    Vantage Credit Score was obtained.	Borrower
    Qualification	Date	20090914	YYYYMMDD	If
    a Vantage Credit Score was obtained	“19010101”
    if unknown	 	 	 
	93	Credit
    Report: Longest Trade Line	The
    length of time in months that the oldest active trade line, installment or revolving, has been outstanding. For a loan with
    more than one borrower, populate field based on status for the primary borrower.	Borrower
    Qualification	Numeric
    – Integer	999	999	Always	>
    =0	 	Subject
    to Regulatory Confirmation	 
	94	Credit
    Report: Maximum Trade Line	The
    dollar amount for the trade line, installment or revolving, with the largest unpaid balance. For revolving lines of credit,
    e.g. credit card, the dollar amount reported should reflect the maximum amount of credit available under the credit line whether
    used or not. For a loan with more than one borrower, populate field based on status for the primary borrower.	Borrower
    Qualification	Numeric
    – Decimal	339420.19	9(10).99	Always	>=0	 	Subject
    to Regulatory Confirmation	 
	95	Credit
    Report: Number of Trade Lines	A
    count of non-derogatory, currently open and active, consumer trade lines (installment or revolving) for the borrower. For
    a loan with more than one borrower, populate field based on status for the primary borrower.	Borrower
    Qualification	Numeric
    – Integer	57	999	Always	>=0	 	Subject
    to Regulatory Confirmation	 
	96	Credit
    Line Usage Ratio	Sum
    of credit balances divided by sum of total open credit available.	Borrower
    Qualification	Numeric
    – Decimal	0.27	9.999999	Always	>=
    0 and <= 1	 	Subject
    to Regulatory Confirmation	 
	97	Most
    Recent 12-month Pay History	String
    indicating the payment status per month listed from oldest to most recent.	Borrower
    Qualification	Text	77X123200001	X(12)	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           Current

        1 = 30-59 days delinquent

        2 = 60-89 days delinquent

        3 = 90-119 days delinquent

        4 = 120+ days delinquent

        5 = Foreclosure

        6 = REO

        7 = Loan did not exist
        in period

        X = Unavailable
	 	 
	98	Months
    Bankruptcy	Number
    of months since any borrower was discharged from bankruptcy. (Issuers unable to provide this information may rep and warrant
    that at least x years—as specified in the loan program—have passed since most recent discharge from bankruptcy.)	Borrower
    Qualification	Numeric
    – Integer	12	999	If
    Borrower has ever been in Bankruptcy	>=
    0	 	Blank
    = Borrower is not known to have been in bankruptcy	 
	99	Months
    Foreclosure	Number
    of months since foreclosure sale date. (Issuers unable to provide this information may rep and warrant that at least x
    years—as specified in the loan program— have passed since most recent foreclosure.)	Borrower
    Qualification	Numeric
    – Integer	12	999	If
    Borrower has ever been in Foreclosure	>=
    0	 	Blank
    = Borrower is not known to have been in foreclosure	 
	100	Primary
    Borrower Wage Income	Monthly
    base wage income for primary borrower.	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	Always	>=
    0	 	 	 
	101	Co-Borrower
    Wage Income	Monthly
    base wage income for all other borrowers.	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	If
    “Total Number of Borrowers” > 1	>=
    0	 	 	 
	102	Primary
    Borrower Other Income	Monthly
    Other (non-wage) income for primary borrower. (This figure should include net rental income and be reduced by any net rental
    loss.)	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	Always	>=
    0	 	 	 
	103	Co-Borrower
    Other Income	Monthly
    Other (non-wage) income for all other borrowers. (This figure should include net rental income and be reduced by any net rental
    loss.)	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	If
    “Total Number of Borrowers” > 1	>=
    0	 	 	 
	104	All
    Borrower Wage Income	Monthly
    income of all borrowers derived from base salary only.	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	Always	>=
    0	 	 	 
	105	All
    Borrower Total Income	Monthly
    income of all borrowers derived from base salary, commission, tips and gratuities, overtime and bonuses, part-time or second-job
    earnings, alimony, child support, interest and dividend income, notes receivable, trust income, net rental income,
    retirement income, social security, veterans income, military income, foster care income, and self-employed income.	Borrower
    Qualification	Numeric
    – Decimal	9000	9(9).99	Always	>=
    0	 	 	 
	106	4506-T
    Indicator	A
    yes/no indicator of whether a Transcript of Tax Return (received pursuant to the filing of IRS Form 4506-T) was obtained and
    considered.	Borrower
    Qualification	Numeric
    – Integer	1	99	Always	See
    Coding	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unknown
	 	 
	107	Borrower
    Income Verification Level	A
                                                                                                                                                           code
                                                                                                                                                           indicating
                                                                                                                                                           the
                                                                                                                                                           extent
                                                                                                                                                           to
                                                                                                                                                           which
                                                                                                                                                           the
                                                                                                                                                           borrower’s
                                                                                                                                                           income
                                                                                                                                                           has
                                                                                                                                                           been
                                                                                                                                                           verified:

        Level
        4 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if
        salaried)

        Level
        5 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)

        *For self-employed
        borrowers: Level 4 Income Verification:

        • 2 Years Tax Returns

        • Self-prepared tax returns (regardless of 4506 and tax transcripts)

        

        ** For self-employed borrowers: Level 5 Income Verification:

        • 2 Years tax returns

        • Tax returns prepared and not executed by a CPA, with

        o CPA name & phone number shown on the Preparer section of the tax return

        o Executed 4506 and tax transcripts (matching returns in file)

        • Tax returns prepared and executed by a CPA (regardless of 4506 and tax transcripts)
	Borrower
    Qualification	Numeric
    – Integer	1	9	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, “Partially”
        Verified

        4 = Stated, “Level
        4” Verified (as defined)

        5 = Stated, “Level
        5” Verified (as defined)

         
	 	 
	108	Co-Borrower
    Income Verification	A
                                                                                                                                                                       code
                                                                                                                                                                       indicating
                                                                                                                                                                       the
                                                                                                                                                                       extent
                                                                                                                                                                       to
                                                                                                                                                                       which
                                                                                                                                                                       the
                                                                                                                                                                       co-borrower’s
                                                                                                                                                                       income
                                                                                                                                                                       has
                                                                                                                                                                       been
                                                                                                                                                                       verified:

         

        Level 4 Income Verification
        = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried)

         

        Level 5 Income Verification
        = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)

        *For self-employed borrowers:
        Level 4 Income Verification:

        • 2 Years Tax Returns

        • Self-prepared tax returns (regardless of 4506 and tax transcripts)

        

        ** For self-employed borrowers: Level 5 Income Verification:

        • 2 Years tax returns

        • Tax returns prepared and not executed by a CPA, with

        o CPA name & phone number shown on the Preparer section of the tax return

        o Executed 4506 and tax transcripts (matching returns in file)

        • Tax returns prepared and executed by a CPA (regardless of 4506 and tax transcripts)
	Borrower
    Qualification	Numeric
    – Integer	2	9	If
    “Total Number of Borrowers” > 1	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, “Partially”
        Verified

        4 = Stated, “Level
        4” Verified (as defined)

        5 = Stated, “Level
        5” Verified (as defined)
	 	 
	 	 	 
	109	Borrower
    Employment Verification	A
                                                                                                                                                           code
                                                                                                                                                           indicating
                                                                                                                                                           the
                                                                                                                                                           extent
                                                                                                                                                           to
                                                                                                                                                           which
                                                                                                                                                           the
                                                                                                                                                           primary
                                                                                                                                                           borrower’s
                                                                                                                                                           employment
                                                                                                                                                           has
                                                                                                                                                           been
                                                                                                                                                           verified:

         

        Level 3 Verified = Direct
        Independent Verification with a third party of the borrower’s current employment.
	Borrower
    Qualification	Numeric
    – Integer	2	9	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, Level 3 Verified
        (as defined)
	 	 
	110	Co-Borrower
    Employment Verification	A
                                                                                                                                                           code
                                                                                                                                                           indicating
                                                                                                                                                           the
                                                                                                                                                           extent
                                                                                                                                                           to
                                                                                                                                                           which
                                                                                                                                                           the
                                                                                                                                                           co-borrower’s
                                                                                                                                                           employment
                                                                                                                                                           has
                                                                                                                                                           been
                                                                                                                                                           verified:

         

        Level 3 Verified = Direct
        Independent Verification with a third party of the co-borrower’s current employment.
	Borrower
    Qualification	Numeric
    – Integer	1	9	If
    “Total Number of Borrowers” > 1	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, Level 3 Verified
        (as defined)
	 	 
	111	Borrower
    Asset Verification	A
                                                                                                                                                           code
                                                                                                                                                           indicating
                                                                                                                                                           the
                                                                                                                                                           extent
                                                                                                                                                           to
                                                                                                                                                           which
                                                                                                                                                           the
                                                                                                                                                           primary
                                                                                                                                                           borrower’s
                                                                                                                                                           assets
                                                                                                                                                           used
                                                                                                                                                           to
                                                                                                                                                           qualify
                                                                                                                                                           the
                                                                                                                                                           loan
                                                                                                                                                           have
                                                                                                                                                           been
                                                                                                                                                           verified:

         

        Level 4 Verified = 2 months
        of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).

         
	Borrower
    Qualification	Numeric
    – Integer	3	9	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, “Partially”
        Verified

        4 = Stated, Level 4 Verified
        (as defined)
	 	 
	112	Co-Borrower
    Asset Verification	A
                                                                                                                                                           code
                                                                                                                                                           indicating
                                                                                                                                                           the
                                                                                                                                                           extent
                                                                                                                                                           to
                                                                                                                                                           which
                                                                                                                                                           the
                                                                                                                                                           co-borrower’s
                                                                                                                                                           assets
                                                                                                                                                           used
                                                                                                                                                           to
                                                                                                                                                           qualify
                                                                                                                                                           the
                                                                                                                                                           loan
                                                                                                                                                           have
                                                                                                                                                           been
                                                                                                                                                           verified:

         

        Level 4 = 2 months of
        bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).

         
	Borrower
    Qualification	Numeric
    – Integer	2	9	If
    “Total Number of Borrowers” > 1	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Not
                                                                                                                                                           Stated,
                                                                                                                                                           Not
                                                                                                                                                           Verified

        2 = Stated, Not Verified

        3 = Stated, “Partially”
        Verified

        4 = Stated, Level 4 Verified
        (as defined)
	 	 
	113	Liquid
    / Cash Reserves	The
    actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject
    loan.)	Borrower
    Qualification	Numeric
    – Decimal	3242.76	9(9).99	Always	>=
    0	 	 	 
	114	Monthly
    Debt All Borrowers	The
    aggregate monthly payment due on other debt (excluding only installment loans with fewer than 10 payments remaining and other
    real estate loans used to compute net rental income-- which is added/subtracted in the income fields).	Borrower
    Qualification	Numeric
    – Decimal	3472.43	9(9).99	Always	>=
    0	 	 	 
	115	Originator
    DTI	Total
    Debt to income ratio used by the originator to qualify the loan.	Borrower
    Qualification	Numeric
    – Decimal	0.35	9.999999	Always	>=
    0 and >= 1	 	 	 
	116	Fully
    Indexed Rate	The
    fully indexed interest rate as of securitization cut-off.	Borrower
    Qualification	Numeric
    – Decimal	0.0975	9.999999	ARMs
    Only	>=
    0 and >= 1	 	 	 
	117	Qualification
    Method	Type
    of mortgage payment used to qualify the borrower for the loan.	Borrower
    Qualification	Numeric
    – Integer	3	99	Always	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Start
                                                                                                                                                           Rate

        2 = First Year Cap Rate

        3 = I/O Amount

        4 = Fully Indexed

        5 = Min Payment

        98 = Other

        99 = Unknown
	 	 
	118	Percentage
    of Down Payment from Borrower Own Funds	Include
    only borrower funds, do not include any gift or borrowed funds. (Issuers may provide the actual percentage for each loan,
    or the guideline percentage and note departure concentration on the transaction summary.)	Borrower
    Qualification	Numeric
    – Decimal	0.5	9.999999	Purchase
    Loans Only	>=
    0 and >= 1	 	 	 
	119	City	The
    name of the city.	Subject
    Property	Text	New
    York	X(45)	Always	Unk=Unknown	 	 	 
	120	State	The
    name of the state as a 2-digit Abbreviation.	Subject
    Property	Text	NY	XX	Always	See
    Coding	See
    Appendix H	 	 
	121	Postal
    Code	The
    postal code (zip code in the US) where the subject property is located.	Subject
    Property	Text	10022	X(5)	Always	Unk=Unknown	 	 	 
	122	Property
    Type	Specifies
    the type of property being used to secure the loan.	Subject
    Property	Numeric
    – Integer	11	99	Always	See
    Coding	See
    Appendix D	 	 
	123	Occupancy	Specifies
    the property occupancy status (e.g., owner-occupied, investment property, second home, etc.).	Subject
    Property	Numeric
    – Integer	4	9	Always	See
    Coding	See
    Appendix E	 	 
	124	Sales
    Price	The
    negotiated price of a given property between the buyer and seller.	Subject
    Property	Numeric
    – Decimal	450000.23	9(10).99	Purchase
    Loans Only	>
    0	 	 	 
	125	Original
    Appraised Property Value	The
    appraised value of the property used to approve the loan.	Subject
    Property	Numeric
    – Decimal	550000.23	9(10).99	Always	>
    0	 	 	 
	126	Original
    Property Valuation Type	Specifies
    the method by which the property value (at the time of underwriting) was reported.	Subject
    Property	Numeric
    – Integer	8	99	Always	See
    Coding	See
    Appendix F	 	 
	127	Original
    Property Valuation Date	Specifies
    the date on which the original property value (at the time of underwriting) was reported. (Issuers unable to provide may
    Rep and Warrant that the appraisal used for underwriting was not more than x days old at time of loan closing.)	Subject
    Property	Date	20090914	YYYYMMDD	Always	“19010101”
    if unknown	 	 	 
	128	Original
    Automated Valuation Model (AVM) Model Name	The
    name of the AVM Vendor if an AVM was used to determine the original property valuation.	Subject
    Property	Numeric
    – Integer	1	99	Always	See
    Appendix I	See
    Appendix I	 	 
	129	Original
    AVM Confidence Score	The
    confidence range presented on the AVM report.	Subject
    Property	Numeric
    – Decimal	0.74	9.999999	If
    AVM Model Name (Field 127) > 0	>=
    0 to <= 1	 	 	 
	130	Most
    Recent Property Value[1]	If
    a valuation was obtained subsequent to the valuation used to calculate LTV, the most recent property value.	Subject
    Property	Numeric
    – Decimal	500000	9(10).99	If
    updated value was obtained subsequent to loan approval	>
    0	 	 	 
	131	Most
    Recent Property Valuation Type	If
    an additional property valuation was obtained after the valuation used for underwriting purposes, the method by which the
    property value was reported.	Subject
    Property	Numeric
    – Integer	6	9	If
    updated value was obtained subsequent to loan approval	See
    Coding	See
    Appendix F	 	 
	132	Most
    Recent Property Valuation Date	Specifies
    the date on which the updated property value was reported.	Subject
    Property	Date	20090914	YYYYMMDD	If
    updated value was obtained subsequent to loan approval	“19010101”
    if unknown	 	 	 
	133	Most
    Recent AVM Model Name	The
    name of the AVM Vendor if an AVM was used to determine the updated property valuation.	Subject
    Property	Numeric
    – Integer	19	99	If
    updated value was obtained subsequent to loan approval	See
    Coding	See
    Appendix I	 	 
	134	Most
    Recent AVM Confidence Score	If
    AVM used to determine the updated property valuation, the confidence range presented on the AVM report.	Subject
    Property	Numeric
    – Decimal	0.85	9.999999	If
    “Most Recent AVM Model Name” > 0	>=
    0 to <= 1	 	 	 
	135	Original
    CLTV	The
    ratio obtained by dividing the amount of all known outstanding mortgage liens on a property at origination by the lesser of
    the appraised value or the sales price.  The value is then truncated to four decimal places.	Loan-to-Value
    (LTV)	Numeric
    – Decimal	0.96	9.999999	Always	>=
    0 and <= 1.5	 	 	 
	136	Original
    LTV	The
    ratio obtained by dividing the original mortgage loan amount on the note date by the lesser of the mortgaged property’s
    appraised value on the note date or its purchase price.  The value is then truncated to four decimal places.	Loan-to-Value
    (LTV)	Numeric
    – Decimal	0.8	9.999999	Always	>=
    0 and <= 1.25	 	 	 
	137	Original
    Pledged Assets	The
    total value of assets pledged as collateral for the loan at the time of origination. Pledged assets may include cash or marketable
    securities.	Loan-to-Value
    (LTV)	Numeric
    – Decimal	75000	9(10).99	Always	>=0	 	 	 
	138	Mortgage
    Insurance Company Name	The
    name of the entity providing mortgage insurance for a loan.	Mortgage
    Insurance	Numeric
    – Integer	3	99	Always	See
    Coding	See
    Appendix G	 	 
	139	Mortgage
    Insurance Percent	Mortgage
    Insurance coverage percentage.	Mortgage
    Insurance	Numeric
    – Decimal	0.25	9.999999	“Mortgage
    Insurance Company Name” > 0	>=
    0 to <= 1	 	 	 
	140	MI:
    Lender or Borrower Paid?	An
    indicator of whether mortgage insurance is paid by the borrower or the lender.	Mortgage
    Insurance	Numeric
    – Integer	1	99	“Mortgage
    Insurance Company Name” > 0	See
    Coding	1
                                                                                                                                                           =
                                                                                                                                                           Borrower-Paid

        2 = Lender- Paid

        99 = Unknown
	 	 
	141	Pool
    Insurance Co. Name	Name
    of pool insurance provider.	Mortgage
    Insurance	Numeric
    – Integer	8	99	Always	See
    Coding	See
    Appendix G	 	 
	142	Pool
    Insurance Stop Loss %	The
    aggregate amount that a pool insurer will pay, calculated as a percentage of the pool balance.	Mortgage
    Insurance	Numeric
    – Decimal	0.25	9.999999	Pool
    MI Company > 0	>=
    0 to <= 1	 	 	 
	143	MI
    Certificate Number	The
    unique number assigned to each individual loan insured under an MI policy.	Mortgage
    Insurance	Text	123456789G	X(20)	MI
                                                                                                                                                           Company

        >
        0
	UNK
    = Unknown	 	 	 
	144	Updated
                                                                                                                                                           DTI

        (Front-end)
	Updated
    front-end DTI ratio (total monthly housing expense divided by total monthly income) used to qualify the loan modification.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	0.35	9.999999	Modified
    Loans Only	>=
    0 and >= 1	 	 	 
	145	Updated
                                                                                                                                                           DTI

        (Back-end)
	Updated
    back-end DTI ratio (total monthly debt expense divided by total monthly income) used to qualify the loan modification.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	0.35	9.999999	Modified
    Loans Only	>=
    0 and >= 1	 	 	 
	146	Modification
    Effective Payment Date	Date
    of first payment due post modification.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Date	20090914	YYYYMMDD	Modified
    Loans Only	“19010101”
    if unknown	 	 	 
	147	Total
    Capitalized Amount	Amount
    added to the principal balance of a loan due to the modification.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	12000	9(10).99	Modified
    Loans Only	>=
    0	 	 	 
	148	Total
    Deferred Amount	Any
    non-interest-bearing deferred amount (e.g., principal, interest and fees).	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	12000	9(10).99	Modified
    Loans Only	>=
    0	 	 	 
	149	Pre-Modification
    Interest (Note) Rate	Scheduled
    Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	0.075	9.999999	Modified
    Loans Only	>=
    0 to <= 1	 	 	 
	150	Pre-Modification
    P&I Payment	Scheduled
    Total Principal And Interest Payment Amount Preceding The Modification Effective Payment Date – or if servicer is no
    longer advancing P&I, the payment that would be in effect if the loan were current.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	2310.57	9(10).99	Modified
    Loans Only	>
    0	 	 	 
	151	Pre-Modification
    Initial Interest Rate Change Downward Cap	Maximum
    amount the rate can adjust downward on the first interest rate adjustment date (prior to modification) – Only provide
    if the rate floor is modified.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	0.015	9.999999	Modified
    Loans Only	>=
    0 to <= 1	 	 	 
	152	Pre-Modification
    Subsequent Interest Rate Cap	Maximum
    increment the rate can adjust upward AFTER the initial rate adjustment (prior to modification) – Only provide if the
    Cap is modified.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	0.015	9.999999	Modified
    Loans Only	>=
    0 to <= 1	 	 	 
	153	Pre-Modification
    Next Interest Rate Change Date	Next
    Interest Reset Date Under The Original Terms Of The Loan (one month prior to new payment due date).	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Date	20090914	YYYYMMDD	Modified
    Loans Only	“19010101”
    if unknown	 	 	 
	154	Pre-Modification
    I/O Term	Interest
    Only Term (in months) preceding The Modification Effective Payment Date.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Integer	36	999	Modified
    Loans Only	>=
    0 to <= 120	 	 	 
	155	Forgiven
    Principal Amount	The
    sum total of all principal balance reductions (as a result of loan modification) over the life of the loan.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	12000	9(10).99	Modified
    Loans Only	>=
    0	 	 	 
	156	Forgiven
    Interest Amount	The
    sum total of all interest incurred and forgiven (as a result of loan modification) over the life of the loan.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Decimal	12000	9(10).99	Modified
    Loans Only	>=
    0	 	 	 
	157	Number
    of Modifications	The
    number of times the loan has been modified.	Loan
    Modifications (Pertains only to loans modified for loss mitigation purposes)	Numeric
    – Integer	1	9	Modified
    Loans Only	>=
    0	 	 	 
	158	Cash
    To/From Brrw at Closing	Indicates
    the amount of cash the borrower(s) paid into or received at closing. 
 
 [HUD-1 Bottom Line] + [Earnest money] + [Paid
    Outside Closing Items]	 	Numeric
    – Decimal	100000.01	9(10).99	 	 	 	 	 
	159	Brrw
    - Yrs at in Industry	Number
    of years the primary borrower has been working in their current industry	 	Numeric
    – Decimal	9.9	9.999999	 	 	 	 	 
	160	CoBrrw
    - Yrs at in Industry	Number
    of years the co-borrower has been working in their current industry	 	Numeric
    – Decimal	8	9.999999	 	 	 	 	 
	161	Junior
    Mortgage Drawn Amount	Applicable
    if the subject loan is a first mortgage.   At the time of origination for the subject loan, the sum of the outstanding
    balance(s) for any junior mortgages (HELOCs and closed-end).	 	Numeric
    – Decimal	100000.01	9(10).99	 	 	 	 	 
	162	Maturity
    Date	Maturity
    date of mortgage	 	Date	20420501	YYYYMMDD	 	 	 	 	 
	163	Primary
    Borrower Wage Income (Salary)	The
    primary borrower's salary wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	164	Primary
    Borrower Wage Income (Bonus)	The
    primary borrower's bonus wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	165	Primary
    Borrower Wage Income (Commission)	The
    primary borrower's commission wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	166	Co-Borrower
    Wage Income (Salary)	The
    coborrower's salary wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	167	Co-Borrower
    Wage Income (Bonus)	The
    coborrower's bonus wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	168	Co-Borrower
    Wage Income (Commission)	The
    coborrower's commission wage income	 	Numeric
    – Decimal	10000.44	9(10).99	 	 	 	 	 
	169	Originator
    Doc Code	Documentation
    Code value as presented by the seller.	 	Text	Full	XXXX	 	 	 	 	 
	170	RWT
    Income Verification	Internal
    Redwood Derived field.  Due Diligence / Trade Desk derived value indicating the level of primary borrower asset verification	 	Text	2
    Years	XXXX	 	 	 	 	 
	171	RWT
    Asset Verification	Internal
    Redwood Derived field.  Due Diligence / Trade Desk derived value indicating the level of primary borrower Income verification	 	Text	2
    Months	XXXX	 	 	 	 	 
	MH-1	Real
    Estate Interest	Indicates
    whether the property on which the manufactured home is situated is owned outright or subject to the terms of a short- or long-term
    lease. (A long-term lease is defined as a lease whose term is greater than or equal to the loan term.)	Manufactured
    Housing	Numeric
    – Integer	2	99	Manufactured
    Housing Loans Only	See
    Coding	1
                                                                                                                      = Owned

        2 = Short-term lease

        3 = Long-term lease

        99 = Unavailable
	 	 
	MH-2	Community
    Ownership Structure	If
    the manufactured home is situated in a community, a means of classifying ownership of the community.	Manufactured
    Housing	Numeric
    – Integer	2	99	Manufactured
    Housing Loans Only	See
    Coding	1
                                                                                                                = Public Institutional

        2 = Public Non-Institutional

        3 = Private Institutional

        4 = Private Non-Institutional

        5 = HOA-Owned

        6 = Non-Community

        99 = Unavailable
	 	 
	MH-3	Year
    of Manufacture	The
    year in which the home was manufactured (Model Year -- YYYY Format). Required only in cases where a full appraisal is not
    provided.	Manufactured
    Housing	Numeric
    – Integer	2006	YYYY	Manufactured
    Housing Loans Only	1901
    = Unavailable	 	 	 
	MH-4	HUD
    Code Compliance  Indicator (Y/N)	Indicates
    whether the home was constructed in accordance with the 1976 HUD code. In general, homes manufactured after 1976 comply with
    this code.	Manufactured
    Housing	Numeric
    – Integer	1	9	Manufactured
    Housing Loans Only	See
    Codes	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unavailable
	 	 
	MH-5	Gross
    Manufacturer’s Invoice Price	The
    total amount that appears on the manufacturer’s invoice (typically includes intangible costs such as transportation,
    association, on-site setup, service and warranty costs, taxes, dealer incentives, and other fees).	Manufactured
    Housing	Numeric
    – Decimal	72570.62	9(10).99	Manufactured
    Housing Loans Only	>=
    0	 	 	 
	MH-6	LTI
    (Loan-to-Invoice) Gross	The
    ratio of the loan amount divided by the Gross Manufacturer’s Invoice Price (Field MH-5).	Manufactured
    Housing	Numeric
    – Decimal	0.75	9.999999	Manufactured
    Housing Loans Only	>=
    0 to <= 1	 	 	 
	MH-7	Net
    Manufacturer’s Invoice Price	The
    Gross Manufacturer’s Invoice Price (Field MH-5) minus intangible costs, including: transportation, association,
    on-site setup, service, and warranty costs, taxes, dealer incentives, and other fees.	Manufactured
    Housing	Numeric
    – Decimal	61570.62	9(10).99	Manufactured
    Housing Loans Only	>=
    0	 	 	 
	MH-8	LTI
    (Net)	The
    ratio of the loan amount divided by the Net Manufacturer’s Invoice Price (Field MH-7).	Manufactured
    Housing	Numeric
    – Decimal	0.62	9.999999	Manufactured
    Housing Loans Only	>=
    0 to <= 1	 	 	 
	MH-9	Manufacturer
    Name	The
    manufacturer of the subject property. (To be applied only in cases where no appraised value/other type of property valuation
    is available.)	Manufactured
    Housing	Text	“XYZ
    Corp”	Char
    (100)	Manufactured
    Housing Loans Only (where no appraised value is provided)	MH
    Manufacturer name in double quotation marks	 	 	 
	MH-10	Model
    Name	The
    model name of the subject property. (To be applied only in cases where no appraised value/other type of property valuation
    is available.)	Manufactured
    Housing	Text	“DX5-916-X”	Char
    (100)	Manufactured
    Housing Loans Only (where no appraised value is provided)	MH
    Model name in double quotation marks	 	 	 
	MH-11	Down
    Payment Source	An
    indicator of the source of the down payment used by the borrower to acquire the property and qualify for the mortgage.	Manufactured
    Housing	Numeric
    – Integer	2	99	Manufactured
    Housing Loans Only	See
    Codes	1
                                                                                                                                                           =
                                                                                                                                                           Cash

        2 = Proceeds from trade
        in

        3 = Land in Lieu

        4 = Other

        99 = Unavailable
	 	 
	MH-12	Community/Related
    Party Lender (Y/N)	An
    indicator of whether the loan was made by the community owner, an affiliate of the community owner or the owner of the real
    estate upon which the collateral is located.	Manufactured
    Housing	Numeric
    – Integer	1	99	Manufactured
    Housing Loans Only	See
    Codes	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unavailable
	 	 
	MH-13	Defined
    Underwriting Criteria (Y/N)	An
    indicator of whether the loan was made in accordance with a defined and/or standardized set of underwriting criteria.	Manufactured
    Housing	Numeric
    – Integer	1	99	Manufactured
    Housing Loans Only	See
    Codes	0
                                                                                                                                                           =
                                                                                                                                                           No

        1 = Yes

        99 = Unavailable
	 	 
	MH-14	Chattel
    Indicator	An
    Indicator of whether the secured property is classified as chattel or Real Estate.	Manufactured
    Housing	Numeric
    – Integer	1	99	Manufactured
    Housing Loans Only	See
    Codes	0
                                                                                                                                                           =
                                                                                                                                                           Real
                                                                                                                                                           Estate

        1 = Chattel

        99 = Unavailable
	 	 

 

 

 

 

 

 

 

 

    	12

    	 

    

 

ATTACHMENT 2

 

PURCHASE AGREEMENT

 

 

 

See Exhibit 10.11 to Form 8-K filed by
the Issuing Entity on June 29, 2012EXHIBIT 10.6

 

EXECUTION COPY

 

ASSIGNMENT OF REPRESENTATIONS AND WARRANTIES
AGREEMENT

 

This is an Assignment
of Representations and Warranties Agreement (the “Agreement”) made as of the 27th day of June, 2012, 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 June 1, 2012 (the “Pooling and Servicing Agreement”), and PrimeLending,
a PlainsCapital Company, a Texas corporation (“PrimeLending”).

 

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”) are subject to the terms of the Flow Mortgage Loan Purchase
and Sale Agreement dated as of January 30, 2011, between Assignor and PrimeLending (the “Purchase 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 Purchase 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 

 

1.          Assignor
hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the representations and
warranties made by PrimeLending pursuant to the Purchase Agreement to the extent relating to the Mortgage Loans, and Depositor
hereby accepts such assignment from Assignor.

 

2.          Depositor
hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the representations and
warranties made by PrimeLending pursuant to the Purchase Agreement to the extent relating to the Mortgage Loans, Depositor is released
from all obligations under the Purchase Agreement, and Assignee hereby accepts such assignment from Depositor.

 

3.        PrimeLending hereby acknowledges
the foregoing assignments.

 

Representations and Warranties

 

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

 

             (a)          Attached
hereto as Attachment 2 is a true and accurate copy of the Purchase 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 and rights under the Purchase Agreement to the extent of the Mortgage Loans, free and clear
from any and all claims and encumbrances whatsoever, and upon the transfer of the representations and warranties to Assignee as
contemplated herein, Assignee shall have good title to such representations and warranties under the Purchase 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 PrimeLending with respect to the Purchase 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 Purchase 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 Assignee,
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

 

             (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.

 

5.          Depositor
warrants and represents to, and covenants with, Assignor, Assignee and PrimeLending 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;

 

    	2

    	 

    

 

             (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.

 

6.          Assignee
warrants and represents to, and covenants with, Assignor, Depositor and PrimeLending 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

 

             (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.

 

    	3

    	 

    

 

7.          PrimeLending
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 Purchase 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)          PrimeLending
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 perform its obligations under the Purchase Agreement;

 

            (c)          PrimeLending
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 PrimeLending’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions
of PrimeLending’s charter or by-laws or any legal restriction, or any material agreement or instrument to which PrimeLending
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
PrimeLending or its property is subject. The execution, delivery and performance by PrimeLending 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 PrimeLending.
This Agreement has been duly executed and delivered by PrimeLending and, upon the due authorization, execution and delivery by
Assignor, Assignee and the Depositor, will constitute the valid and legally binding obligation of PrimeLending enforceable against
PrimeLending 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

   

             (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 PrimeLending in connection with the execution, delivery or performance by PrimeLending of this Agreement,
or the consummation by it of the transactions contemplated hereby.

 

Restated PrimeLending Representations
and Warranties

 

8.          Pursuant
to Section 32(d) of the Purchase Agreement, PrimeLending hereby restates to Depositor and Assignee (a) the representations and
warranties set forth in Subsection 7.01 of the Purchase Agreement as of the related Closing Date and (b) the representations
and warranties set forth in Subsection 7.02 of the Purchase Agreement as of the date hereof, as if such representations and warranties
were set forth herein in full.

 

    	4

    	 

    

 

             In the event of a breach
of any representations and warranties referred to in clauses (a) or (b) above as of the related Closing Date or the date hereof,
as the case may be, Assignee shall be entitled to all the remedies under the Purchase Agreement, including, without limitation,
the right to compel PrimeLending to repurchase Mortgage Loans pursuant to Section 7.03 of the Purchase Agreement, subject to the
provisions of Section 10.

 

Recognition of Assignee

 

9.          From
and after the date hereof, subject to Section 10 below, PrimeLending shall recognize Assignee as owner of the Mortgage Loans and
will perform its obligations hereunder for the benefit of the Assignee in accordance with the Purchase Agreement, as modified hereby
or as may be amended from time to time, as if Assignee and PrimeLending had entered into a separate purchase agreement for the
purchase of the Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference,
as amended by this Agreement.

  

Enforcement of Rights 

 

10.         (a)          Controlling
Holder Rights. PrimeLending 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 exercise all of Assignee's rights as Purchaser under the following section of the Purchase Agreement:

 

Purchase
Agreement:

 

	Section or Subsection	 	Matter
	 	 	 
	7.03, other than 7.03(c)		
        Repurchase and
Substitution 

 

              (b)          If
there is no Controlling Holder under the Pooling and Servicing Agreement, then all rights that are to be exercised by the Controlling
Holder pursuant to Section 10(a) shall be exercised by Assignee.

 

Amendments to Purchase Agreement

 

11.         The
parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

 

    	5

    	 

    

 

              (a)              Definitions.

 

                                (i)          The
definitions of “Arbitration,” “Business Day” and “Repurchase Price” set forth in Section 1
of the Purchase Agreement shall be deleted and replaced in their entirety as follows:

 

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 New York, New York 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, Maryland, Minnesota,
Missouri or New York, (iii) a day on which banks in the states of California, 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.         

 

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 Interest 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 for future distribution in connection with such Mortgage Loan.

 

              (b)             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.

 

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

 

Miscellaneous

 

12.         All
demands, notices and communications related to the Mortgage Loans, the Purchase 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:

 

    	6

    	 

    

 

(a)         In the case of PrimeLending,

 

PrimeLending, a PlainsCapital
Company

18111 Preston Road, Suite
900

Dallas, Texas 75252

Attention: Mr. Scott
Eggen, SVP

Phone: 972-248-7866

 

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

 

(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 2012-3

 

    	7

    	 

    
 

(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

  

13.          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.

 

14.          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.

 

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

 

16.          This
Agreement shall survive the conveyance of the Mortgage Loans, the assignment of the representations and warranties made by PrimeLending
pursuant to the Purchase Agreement to the extent of the Mortgage Loans by Assignor to Depositor and by Depositor to Assignee, and
the termination of the Purchase Agreement.

 

17.          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.

 

18.
       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. PrimeLending hereby consents to such exercise
and enforcement.

 

    	8

    	 

    

 

19.         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 Assignor under the Purchase Agreement, as modified or supplemented by this 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.

 

20.         Master
Servicer. PrimeLending 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 PrimeLending hereunder and under the Purchase Agreement and the right
to exercise the remedies of the Purchaser hereunder and under the Purchase Agreement.

 

              PrimeLending 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 #48066700, Sequoia Mortgage Trust 2012-3 Distribution Account

 

21.         PrimeLending
acknowledges that the custodian will be Wells Fargo Bank, N.A. acting pursuant to the Custodial Agreement. Notwithstanding Section
10 of the Purchase Agreement, PrimeLending 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 Purchase Agreement.

 

    	9

    	 

    

 

22.         Rule
17g-5 Compliance. PrimeLending hereby agrees that it shall provide information with respect to the Mortgage Loans or the origination
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 2012-3” 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 PrimeLending in writing of any change in
the identity or contact information of the Rule 17g-5 Information Provider. PrimeLending 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 22 prohibit or restrict oral or written communications, or providing information, between PrimeLending, 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 PrimeLending or (ii) such Rating Agency’s or NRSRO’s evaluation of PrimeLending’s
operations in general; provided, however, that PrimeLending 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.

 

    	10

    	 

    

 

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

 

	 	REDWOOD RESIDENTIAL ACQUISITION CORPORATION
	 	Assignor
	 	 
	 	By:	/s/ John Isbrandtsen	 
	 	Name:    	John Isbrandtsen 	 
	 	Title:	Authorized Officer	 
	 	 
	 	SEQUOIA RESIDENTIAL FUNDING, INC.
	 	Depositor
	 	 
	 	By:	/s/ John Isbrandtsen	 
	 	Name:	John Isbrandtsen 	 
	 	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 R. Everhart	 
	 	Name:	Jeffrey R. Everhart 	 
	 	Title:	AVP	 
	 	 
	 	PRIMELENDING, A PLAINSCAPITAL COMPANY
	 	 
	 	By:	/s/ Scott Egger	 
	 	Name:	Scott Egger	 
	 	Title:	SVP Capital Market	 

 

 

	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 – Assignment of Representations
and Warranties – Cole Taylor Bank (SEMT 2012-3)

 

    	 

    	 

    

 

ATTACHMENT 1

 

MORTGAGE LOAN SCHEDULE

 

	 	1	2	3	4	5	6	7	8	9	10
	 	Primary Servicer	Servicing Fee %	Servicing Fee—Flatdollar	Servicing Advance Methodology	Originator	Loan Group	Loan Number	Amortization Type	Lien Position	HELOC Indicator
	1	1000383	0.002500	 	 	1000536	 	1050002036	1	1	0
	2	1000383	0.002500	 	 	1000536	 	1050002752	1	1	0
	3	1000383	0.002500	 	 	1000536	 	1050003469	1	1	0
	4	1000383	0.002500	 	 	1000536	 	1050002726	1	1	0
	5	1000383	0.002500	 	 	1000536	 	1050003404	1	1	0
	6	1000383	0.002500	 	 	1000536	 	1050002263	1	1	0
	7	1000383	0.002500	 	 	1000536	 	1050002607	1	1	0
	8	1000383	0.002500	 	 	1000536	 	1050003309	1	1	0
	9	1000383	0.002500	 	 	1000536	 	1050002778	1	1	0
	10	1000383	0.002500	 	 	1000536	 	1050002649	1	1	0
	11	1000383	0.002500	 	 	1000536	 	1050001977	1	1	0
	12	1000383	0.002500	 	 	1000536	 	1050002725	1	1	0
	13	1000383	0.002500	 	 	1000536	 	1050002535	1	1	0
	14	1000383	0.002500	 	 	1000536	 	1050003955	1	1	0
	15	1000383	0.002500	 	 	1000536	 	1050001301	1	1	0
	16	1000383	0.002500	 	 	1000536	 	1050003018	1	1	0
	17	1000383	0.002500	 	 	1000536	 	1050003006	1	1	0
	18	1000383	0.002500	 	 	1000536	 	1050002642	1	1	0
	19	1000383	0.002500	 	 	1000536	 	1050003029	1	1	0
	20	1000383	0.002500	 	 	1000536	 	1050003446	1	1	0
	21	1000383	0.002500	 	 	1000536	 	1050003034	1	1	0
	22	1000383	0.002500	 	 	1000536	 	1050003447	1	1	0
	23	1000383	0.002500	 	 	1000536	 	1050002592	1	1	0
	24	1000383	0.002500	 	 	1000536	 	1050002397	1	1	0
	25	1000383	0.002500	 	 	1000536	 	1050002826	1	1	0
	26	1000383	0.002500	 	 	1000536	 	1050002292	1	1	0
	27	1000383	0.002500	 	 	1000536	 	1050003642	1	1	0
	28	1000383	0.002500	 	 	1000536	 	1050002651	1	1	0
	29	1000383	0.002500	 	 	1000536	 	1050002793	1	1	0
	30	1000383	0.002500	 	 	1000536	 	1050003079	1	1	0
	31	1000383	0.002500	 	 	1000536	 	1050003822	1	1	0
	32	1000383	0.002500	 	 	1000536	 	1050003597	1	1	0
	33	1000383	0.002500	 	 	1000536	 	1050002608	1	1	0
	34	1000383	0.002500	 	 	1000536	 	1050000952	1	1	0
	35	1000383	0.002500	 	 	1000536	 	1050002645	1	1	0
	36	1000383	0.002500	 	 	1000536	 	1050002684	1	1	0
	37	1000383	0.002500	 	 	1000536	 	1050003284	1	1	0
	38	1000383	0.002500	 	 	1000536	 	1050004186	1	1	0
	39	1000383	0.002500	 	 	1000536	 	1050002763	1	1	0
	40	1000383	0.002500	 	 	1000536	 	1050003131	1	1	0
	41	1000383	0.002500	 	 	1000536	 	1050003048	1	1	0
	42	1000383	0.002500	 	 	1000536	 	1050003831	1	1	0
	43	1000383	0.002500	 	 	1000536	 	1050003403	1	1	0
	44	1000383	0.002500	 	 	1000536	 	1050003628	1	1	0
	45	1000383	0.002500	 	 	1000536	 	1050002385	1	1	0
	46	1000383	0.002500	 	 	1000536	 	1050003030	1	1	0
	47	1000383	0.002500	 	 	1000536	 	1050003462	1	1	0
	48	1000383	0.002500	 	 	1000536	 	1050004123	1	1	0
	49	1000383	0.002500	 	 	1000536	 	1050003363	1	1	0
	50	1000383	0.002500	 	 	1000536	 	1050003155	1	1	0
	51	1000383	0.002500	 	 	1000536	 	1050002779	1	1	0
	52	1000383	0.002500	 	 	1000536	 	1050003017	1	1	0
	53	1000383	0.002500	 	 	1000536	 	1050002680	1	1	0
	54	1000383	0.002500	 	 	1000536	 	1050003399	1	1	0
	55	1000383	0.002500	 	 	1000536	 	1050002741	1	1	0
	56	1000383	0.002500	 	 	1000536	 	1050002594	1	1	0
	57	1000383	0.002500	 	 	1000536	 	1050002278	1	1	0
	58	1000383	0.002500	 	 	1000536	 	1050003359	1	1	0
	59	1000383	0.002500	 	 	1000536	 	1050003876	1	1	0
	60	1000383	0.002500	 	 	1000536	 	1050003431	1	1	0
	61	1000383	0.002500	 	 	1000536	 	1050003506	1	1	0
	62	1000383	0.002500	 	 	1000536	 	1050003367	1	1	0

 

	 	11	12	13	14	15	16	17	18	19	20
	 	Loan Purpose	Cash Out Amount	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
	1	6	 	 	 	 	 	1	0	0	 
	2	7	 	 	 	 	 	1	0	0	 
	3	3	 	 	 	 	 	1	0	0	 
	4	7	 	 	 	 	 	1	4	0	 
	5	7	 	 	 	 	 	1	4	0	 
	6	7	 	 	 	 	 	1	4	0	 
	7	7	 	 	 	 	 	1	4	0	 
	8	9	 	 	 	 	 	1	0	0	 
	9	3	 	 	 	 	 	1	4	0	 
	10	7	 	 	 	 	 	1	4	0	 
	11	9	 	 	 	 	 	1	4	0	 
	12	7	 	 	 	 	 	1	4	0	 
	13	9	 	 	 	 	 	1	0	0	 
	14	7	 	 	 	 	 	1	0	0	 
	15	9	 	 	 	 	 	1	0	0	 
	16	9	 	 	 	 	 	1	4	0	 
	17	7	 	 	 	 	 	1	0	0	 
	18	9	 	 	 	 	 	1	4	0	 
	19	7	 	 	 	 	 	1	4	0	 
	20	7	 	 	 	 	 	1	4	0	 
	21	9	 	 	 	 	 	1	0	0	 
	22	7	 	 	 	 	 	1	0	0	 
	23	9	 	 	 	 	 	1	0	0	 
	24	9	 	 	 	 	 	1	0	0	 
	25	9	 	 	 	 	 	1	0	0	 
	26	7	 	 	 	 	 	1	4	0	 
	27	9	 	 	 	 	 	1	4	0	 
	28	9	 	 	 	 	 	1	0	0	 
	29	9	 	 	 	 	 	1	0	0	 
	30	6	 	 	 	 	 	1	4	0	 
	31	7	 	 	 	 	 	1	4	0	 
	32	9	 	 	 	 	 	1	4	0	 
	33	9	 	 	 	 	 	1	0	0	 
	34	9	 	 	 	 	 	1	4	0	 
	35	9	 	 	 	 	 	1	4	0	 
	36	9	 	 	 	 	 	1	4	0	 
	37	6	 	 	 	 	 	1	4	0	 
	38	7	 	 	 	 	 	1	0	0	 
	39	9	 	 	 	 	 	1	0	0	 
	40	9	 	 	 	 	 	1	0	0	 
	41	9	 	 	 	 	 	1	4	0	 
	42	9	 	 	 	 	 	1	0	0	 
	43	7	 	 	 	 	 	1	4	0	 
	44	7	 	 	 	 	 	1	4	0	 
	45	9	 	 	 	 	 	1	4	0	 
	46	9	 	 	 	 	 	1	0	0	 
	47	7	 	 	 	 	 	1	0	0	 
	48	7	 	 	 	 	 	1	0	0	 
	49	9	 	 	 	 	 	1	4	0	 
	50	9	 	 	 	 	 	1	4	0	 
	51	9	 	 	 	 	 	1	0	0	 
	52	9	 	 	 	 	 	1	4	0	 
	53	9	 	 	 	 	 	1	0	0	 
	54	7	 	 	 	 	 	1	4	0	 
	55	9	 	 	 	 	 	1	0	0	 
	56	7	 	 	 	 	 	1	4	0	 
	57	9	 	 	 	 	 	1	0	0	 
	58	9	 	 	 	 	 	1	0	0	 
	59	7	 	 	 	 	 	1	4	0	 
	60	7	 	 	 	 	 	1	0	0	 
	61	9	 	 	 	 	 	1	0	0	 
	62	7	 	 	 	 	 	1	4	0	 

 

	 	21	22	23	24	25	26	27	28	29	30
	 	Hybrid Period of
 Most Senior Lien (in
 months)	Neg Am Limit of
 Most Senior Lien	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
	1	 	 	0.00	 	20120215	910000.00	0.048750	360	360	20120401
	2	 	 	0.00	 	20120328	700000.00	0.045000	360	360	20120501
	3	 	 	0.00	 	20120427	657100.00	0.047500	360	360	20120601
	4	 	 	0.00	 	20120229	540000.00	0.045000	360	360	20120401
	5	 	 	0.00	 	20120327	668000.00	0.042500	360	360	20120501
	6	 	 	0.00	 	20120109	555000.00	0.048750	360	360	20120301
	7	 	 	0.00	 	20111121	560000.00	0.047500	360	360	20120101
	8	 	 	0.00	 	20120501	735000.00	0.043750	360	360	20120601
	9	 	 	0.00	 	20120224	725000.00	0.045000	360	360	20120401
	10	 	 	0.00	 	20120313	1500000.00	0.045000	360	360	20120501
	11	 	 	0.00	 	20120214	1350000.00	0.047500	360	360	20120401
	12	 	 	0.00	 	20120221	992000.00	0.045000	360	360	20120401
	13	 	 	0.00	 	20120210	733500.00	0.048750	360	360	20120401
	14	 	 	0.00	 	20120503	1000000.00	0.040000	360	360	20120601
	15	 	 	0.00	 	20111021	940000.00	0.046250	360	360	20111201
	16	 	 	0.00	 	20120314	603000.00	0.042500	360	360	20120501
	17	 	 	0.00	 	20120229	999999.00	0.045000	360	360	20120401
	18	 	 	0.00	 	20120215	627500.00	0.046250	360	360	20120401
	19	 	 	0.00	 	20120316	562500.00	0.042500	360	360	20120501
	20	 	 	0.00	 	20120410	600000.00	0.045000	360	360	20120601
	21	 	 	0.00	 	20120329	1652000.00	0.045000	360	360	20120501
	22	 	 	0.00	 	20120402	760000.00	0.047500	360	360	20120601
	23	 	 	0.00	 	20120126	617000.00	0.048750	360	360	20120301
	24	 	 	0.00	 	20120130	960000.00	0.048750	360	360	20120301
	25	 	 	0.00	 	20120218	880000.00	0.046250	360	360	20120401
	26	 	 	0.00	 	20120119	700000.00	0.048750	360	360	20120301
	27	 	 	0.00	 	20120425	680000.00	0.043750	360	360	20120601
	28	 	 	0.00	 	20120326	820000.00	0.047500	360	360	20120501
	29	 	 	0.00	 	20120314	997500.00	0.045000	360	360	20120501
	30	 	 	0.00	 	20120320	670550.00	0.046250	360	360	20120501
	31	 	 	0.00	 	20120417	455000.00	0.046250	360	360	20120601
	32	 	 	58800.00	 	20120420	557200.00	0.048750	360	360	20120601
	33	 	 	0.00	 	20120309	827100.00	0.047500	360	360	20120501
	34	 	 	0.00	 	20110711	577500.00	0.051250	360	360	20110901
	35	 	 	0.00	 	20120319	803000.00	0.046250	360	360	20120501
	36	 	 	0.00	 	20120226	688000.00	0.046250	360	360	20120401
	37	 	 	0.00	 	20120315	637400.00	0.042500	360	360	20120501
	38	 	 	0.00	 	20120503	1023750.00	0.045000	360	360	20120701
	39	 	 	0.00	 	20120315	782800.00	0.046250	360	360	20120501
	40	 	 	0.00	 	20120323	1000000.00	0.046250	360	360	20120501
	41	 	 	0.00	 	20120322	1000000.00	0.043750	360	360	20120501
	42	 	 	0.00	 	20120417	700000.00	0.043750	360	360	20120601
	43	 	 	0.00	 	20120417	789600.00	0.043750	360	360	20120601
	44	 	 	0.00	 	20120418	770950.00	0.045000	360	360	20120601
	45	 	 	0.00	 	20120127	637500.00	0.048750	360	360	20120301
	46	 	 	0.00	 	20120307	732000.00	0.041250	360	360	20120501
	47	 	 	0.00	 	20120320	630850.00	0.046250	360	360	20120501
	48	 	 	0.00	 	20120509	501700.00	0.046250	360	360	20120701
	49	 	 	0.00	 	20120413	955400.00	0.043750	360	360	20120601
	50	 	 	0.00	 	20120112	532000.00	0.045000	360	360	20120301
	51	 	 	0.00	 	20120319	822250.00	0.046250	360	360	20120501
	52	 	 	0.00	 	20120310	683000.00	0.046250	360	360	20120501
	53	 	 	0.00	 	20120223	917350.00	0.047500	360	360	20120401
	54	 	 	0.00	 	20120312	640000.00	0.047500	360	360	20120501
	55	 	 	0.00	 	20120316	1761200.00	0.045000	360	360	20120501
	56	 	 	0.00	 	20120209	600000.00	0.045000	360	360	20120401
	57	 	 	0.00	 	20120123	660000.00	0.043750	360	360	20120301
	58	 	 	0.00	 	20120323	912800.00	0.043750	360	360	20120501
	59	 	 	0.00	 	20120430	600000.00	0.043750	360	360	20120601
	60	 	 	0.00	 	20120330	650000.00	0.041250	360	360	20120501
	61	 	 	0.00	 	20120416	500000.00	0.047500	360	360	20120601
	62	 	 	0.00	 	20120404	1495000.00	0.045000	360	360	20120601

 

	 	31	32	33	34	35	36	37	38	39	40
	 	Interest Type
 Indicator	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
	1	1	0	0	0	906629.61	0.048750	4815.79	20120601	0	0
	2	1	0	0	0	698152.94	0.045000	3546.80	20120601	0	0
	3	1	0	0	0	656273.28	0.047500	3427.74	20120601	0	0
	4	1	0	0	0	537858.69	0.045000	2736.10	20120601	0	0
	5	1	0	0	0	666156.08	0.042500	3286.16	20120601	0	0
	6	1	0	0	0	552253.64	0.048750	2937.11	20120601	0	0
	7	1	0	0	0	555730.56	0.047500	2921.23	20120601	0	0
	8	1	0	0	0	734009.94	0.043750	3669.75	20120601	0	0
	9	1	0	0	0	721838.88	0.045000	3673.47	20120601	0	0
	10	1	0	0	0	1496042.03	0.045000	7600.28	20120601	0	0
	11	1	0	0	0	1344884.34	0.047500	7042.24	20120601	0	0
	12	1	0	0	0	988066.32	0.045000	5026.32	20120601	0	0
	13	1	0	0	0	730783.30	0.048750	3881.74	20120601	0	0
	14	1	0	0	0	998559.18	0.040000	4774.15	20120601	0	0
	15	1	0	0	0	931431.47	0.046250	4832.91	20120601	0	0
	16	1	0	0	0	601335.51	0.042500	2966.40	20120601	0	0
	17	1	0	0	0	996033.61	0.045000	5066.85	20120601	0	0
	18	1	0	0	0	624466.28	0.046250	3226.23	20120601	0	0
	19	1	0	0	0	560947.31	0.042500	2767.16	20120601	0	0
	20	1	0	0	0	599096.06	0.045000	3040.11	20120601	0	0
	21	1	0	0	0	1647640.96	0.045000	8370.44	20120601	0	0
	22	1	0	0	0	759008.33	0.047500	3964.52	20120601	0	0
	23	1	0	0	0	613946.87	0.048750	3265.21	20120601	0	0
	24	1	0	0	0	955249.55	0.048750	5080.40	20120601	0	0
	25	1	0	0	0	876588.60	0.046250	4524.43	20120601	0	0
	26	1	0	0	0	696536.12	0.048750	3704.46	20120601	0	0
	27	1	0	0	0	679084.03	0.043750	3395.14	20120601	0	0
	28	1	0	0	0	817932.56	0.047500	4277.51	20120601	0	0
	29	1	0	0	0	994867.95	0.045000	5054.19	20120601	0	0
	30	1	0	0	0	668820.37	0.046250	3447.56	20120601	0	0
	31	1	0	0	0	454414.32	0.046250	2339.33	20120601	0	0
	32	1	0	0	0	556155.89	0.048750	2948.75	20120601	0	0
	33	1	0	0	0	825014.66	0.047500	4314.55	20120601	0	0
	34	1	0	0	0	566649.79	0.051250	3144.41	20120601	0	0
	35	1	0	0	0	800928.73	0.046250	4128.54	20120601	0	0
	36	1	0	0	0	685332.91	0.046250	3537.28	20120601	0	0
	37	1	0	0	0	635640.57	0.042500	3135.62	20120601	0	0
	38	1	0	0	0	1023750.00	0.045000	5187.19	20120601	0	0
	39	1	0	0	0	780780.84	0.046250	4024.68	20120601	0	0
	40	1	0	0	0	997420.58	0.046250	5141.40	20120601	0	0
	41	1	0	0	0	997301.05	0.043750	4992.85	20120601	0	0
	42	1	0	0	0	699057.08	0.043750	3495.00	20120601	0	0
	43	1	0	0	0	788536.39	0.043750	3942.36	20120601	0	0
	44	1	0	0	0	769934.77	0.045000	3906.29	20120601	0	0
	45	1	0	0	0	634345.41	0.048750	3373.70	20120601	0	0
	46	1	0	0	0	729933.67	0.041250	3547.64	20120601	0	0
	47	1	0	0	0	629222.77	0.046250	3243.45	20120601	0	0
	48	1	0	0	0	501700.00	0.046250	2579.44	20120601	0	0
	49	1	0	0	0	954113.06	0.043750	4770.17	20120601	0	0
	50	1	0	0	0	529181.92	0.045000	2695.57	20120601	0	0
	51	1	0	0	0	820129.08	0.046250	4227.51	20120601	0	0
	52	1	0	0	0	681238.27	0.046250	3511.57	20120601	0	0
	53	1	0	0	0	913873.82	0.047500	4785.33	20120601	0	0
	54	1	0	0	0	638386.40	0.047500	3338.54	20120601	0	0
	55	1	0	0	0	1756552.82	0.045000	8923.74	20120601	0	0
	56	1	0	0	0	597620.77	0.045000	3040.11	20120601	0	0
	57	1	0	0	0	656424.39	0.043750	3295.28	20120601	0	0
	58	1	0	0	0	910336.39	0.043750	4557.48	20120601	0	0
	59	1	0	0	0	599191.79	0.043750	2995.71	20120601	0	0
	60	1	0	0	0	648165.17	0.041250	3150.22	20120601	0	0
	61	1	0	0	0	499370.93	0.047500	2608.24	20120601	0	0
	62	1	0	0	0	1493031.30	0.045000	7574.95	20120601	0	0

 

	 	41	42	43	44	45	46	47	48	49	50
	 	ARM Look-back
 Days	Gross Margin	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)
	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	 	 	 	 	 	 	 	 	 	 
	61	 	 	 	 	 	 	 	 	 	 
	62	 	 	 	 	 	 	 	 	 	 

 

	 	51	52	53	54	55	56	57	58	59	60
	 	Lifetime Maximum
 Rate (Ceiling)	Lifetime Minimum
 Rate (Floor)	Negative
 Amortization Limit	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
	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	 	 	 	 	 	 	 	 	 	 
	61	 	 	 	 	 	 	 	 	 	 
	62	 	 	 	 	 	 	 	 	 	 

 

 

	 	61	62	63	64	65	66	67	68	69	70
	 	Subsequent
 Minimum Payment
 Reset Period	Option ARM
 Indicator	Options at Recast	Initial Minimum
 Payment	Current Minimum
 Payment	Prepayment Penalty
 Calculation	Prepayment Penalty
 Type	Prepayment Penalty
 Total Term	Prepayment Penalty
 Hard Term	Primary Borrower ID
	1	 	 	 	 	 	 	 	0	 	172
	2	 	 	 	 	 	 	 	0	 	173
	3	 	 	 	 	 	 	 	0	 	139
	4	 	 	 	 	 	 	 	0	 	207
	5	 	 	 	 	 	 	 	0	 	216
	6	 	 	 	 	 	 	 	0	 	141
	7	 	 	 	 	 	 	 	0	 	297
	8	 	 	 	 	 	 	 	0	 	177
	9	 	 	 	 	 	 	 	0	 	19
	10	 	 	 	 	 	 	 	0	 	44
	11	 	 	 	 	 	 	 	0	 	69
	12	 	 	 	 	 	 	 	0	 	164
	13	 	 	 	 	 	 	 	0	 	77
	14	 	 	 	 	 	 	 	0	 	20
	15	 	 	 	 	 	 	 	0	 	316
	16	 	 	 	 	 	 	 	0	 	256
	17	 	 	 	 	 	 	 	0	 	95
	18	 	 	 	 	 	 	 	0	 	75
	19	 	 	 	 	 	 	 	0	 	266
	20	 	 	 	 	 	 	 	0	 	235
	21	 	 	 	 	 	 	 	0	 	179
	22	 	 	 	 	 	 	 	0	 	247
	23	 	 	 	 	 	 	 	0	 	94
	24	 	 	 	 	 	 	 	0	 	238
	25	 	 	 	 	 	 	 	0	 	79
	26	 	 	 	 	 	 	 	0	 	242
	27	 	 	 	 	 	 	 	0	 	67
	28	 	 	 	 	 	 	 	0	 	186
	29	 	 	 	 	 	 	 	0	 	149
	30	 	 	 	 	 	 	 	0	 	183
	31	 	 	 	 	 	 	 	0	 	170
	32	 	 	 	 	 	 	 	0	 	325
	33	 	 	 	 	 	 	 	0	 	151
	34	 	 	 	 	 	 	 	0	 	188
	35	 	 	 	 	 	 	 	0	 	279
	36	 	 	 	 	 	 	 	0	 	116
	37	 	 	 	 	 	 	 	0	 	46
	38	 	 	 	 	 	 	 	0	 	87
	39	 	 	 	 	 	 	 	0	 	192
	40	 	 	 	 	 	 	 	0	 	90
	41	 	 	 	 	 	 	 	0	 	142
	42	 	 	 	 	 	 	 	0	 	176
	43	 	 	 	 	 	 	 	0	 	244
	44	 	 	 	 	 	 	 	0	 	34
	45	 	 	 	 	 	 	 	0	 	125
	46	 	 	 	 	 	 	 	0	 	147
	47	 	 	 	 	 	 	 	0	 	315
	48	 	 	 	 	 	 	 	0	 	84
	49	 	 	 	 	 	 	 	0	 	161
	50	 	 	 	 	 	 	 	0	 	133
	51	 	 	 	 	 	 	 	0	 	264
	52	 	 	 	 	 	 	 	0	 	143
	53	 	 	 	 	 	 	 	0	 	168
	54	 	 	 	 	 	 	 	0	 	115
	55	 	 	 	 	 	 	 	0	 	76
	56	 	 	 	 	 	 	 	0	 	29
	57	 	 	 	 	 	 	 	0	 	113
	58	 	 	 	 	 	 	 	0	 	301
	59	 	 	 	 	 	 	 	0	 	122
	60	 	 	 	 	 	 	 	0	 	162
	61	 	 	 	 	 	 	 	0	 	70
	62	 	 	 	 	 	 	 	0	 	334

 

	 	71	72	73	74	75	76	77	78	79	80
	 	Number of
 Mortgaged
 Properties	Total Number of
 Borrowers	Self-employment
 Flag	Current ‘Other’
 Monthly Payment	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
	1	1	 	0	 	0	 	0	1	 	 
	2	2	 	0	 	0	 	0	1	 	 
	3	1	 	0	 	11	 	10	1	 	 
	4	2	 	0	 	0	 	0	1	 	 
	5	1	 	0	 	0	 	0	1	 	 
	6	2	 	1	 	25	25	0	1	 	 
	7	2	 	0	 	0	 	0	1	5/16/2012	 
	8	2	 	1	 	12	 	1	1	 	 
	9	2	 	1	 	13	 	1	1	 	 
	10	1	 	1	 	5	 	0	1	 	 
	11	1	 	1	 	35	 	4	1	 	 
	12	2	 	1	 	23	 	0	1	 	 
	13	1	 	1	 	45	 	4	1	 	 
	14	2	 	0	 	22	 	0	1	 	 
	15	1	 	0	 	3	 	1.5	1	5/16/2012	 
	16	1	 	0	 	11	 	7	1	 	 
	17	1	 	1	 	12	 	0	1	 	 
	18	1	 	0	 	2	 	0.58	1	 	 
	19	2	 	0	 	4	11	0	1	 	 
	20	1	 	0	 	8	 	0	1	 	 
	21	1	 	1	 	12	 	1	1	 	 
	22	1	 	0	 	1	 	0	1	 	 
	23	2	 	1	 	25	 	2	1	 	 
	24	1	 	0	 	7	15	0.67	1	 	 
	25	1	 	0	 	3	 	6	1	 	 
	26	2	 	1	 	8	0	0	1	 	 
	27	3	 	0	 	18	5	8	1	 	 
	28	1	 	1	 	19	 	4	1	 	 
	29	1	 	0	 	4	0	5	1	 	 
	30	1	 	0	 	9	1	0	1	 	 
	31	2	 	1	 	32	 	0	1	 	 
	32	2	 	0	 	3	 	4	1	 	 
	33	1	 	0	 	7	 	1	1	 	 
	34	3	 	1	 	2	 	1	1	5/16/2012	 
	35	1	 	1	 	8	 	2	1	 	 
	36	1	 	0	 	6	 	5	1	 	 
	37	1	 	0	 	5	2	0	1	 	 
	38	1	 	1	 	4	 	0	1	 	 
	39	2	 	0	 	7	6	0.5	1	 	 
	40	1	 	0	 	1	1	1	1	 	 
	41	1	 	1	 	4	4	1	1	 	 
	42	1	 	0	 	9	 	0.9	1	 	 
	43	1	 	0	 	6	 	0	1	 	 
	44	1	 	0	 	0	 	0	1	 	 
	45	4	 	0	 	0	36	16	1	 	 
	46	1	 	0	 	19	 	5	1	 	 
	47	2	 	0	 	3	 	0	1	 	 
	48	2	 	0	 	2	6	0	1	 	 
	49	1	 	0	 	2	 	3	1	 	 
	50	1	 	0	 	26	2	4	1	 	 
	51	1	 	0	 	7	 	1	1	 	 
	52	1	 	1	 	4	 	1	1	 	 
	53	1	 	0	 	11	 	5	1	 	 
	54	1	 	0	 	16.5	16	0	1	 	 
	55	2	 	0	 	21	 	15	1	 	 
	56	1	 	0	 	2	 	0	1	 	 
	57	2	 	0	 	1	4	2	1	 	 
	58	1	 	0	 	2	1	2	1	 	 
	59	2	 	0	 	10	5	0	1	 	 
	60	3	 	1	 	9	11	0	1	 	 
	61	1	 	0	 	12	 	9	1	 	 
	62	3	 	1	 	8	8	0	1	 	 

 

	 	81	82	83	84	85	86	87	88	89	90
	 	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	Original
 Primary Borrower
 FICO	Most Recent
 Primary Borrower
 FICO	Most Recent Co-
 Borrower FICO	Most Recent FICO
 Method	VantageScore:
 Primary Borrower
	1	 	 	 	 	 	689	 	 	 	 
	2	 	 	 	 	 	780	 	 	 	 
	3	 	 	 	 	 	744	 	 	 	 
	4	 	 	 	 	 	800	 	 	 	 
	5	 	 	 	 	 	787	 	 	 	 
	6	 	 	 	 	 	759	 	 	 	 
	7	 	 	 	 	 	730	654	 	 	 
	8	 	 	 	 	 	805	 	 	 	 
	9	 	 	 	 	 	703	 	 	 	 
	10	 	 	 	 	 	768	 	 	 	 
	11	 	 	 	 	 	804	 	 	 	 
	12	 	 	 	 	 	804	 	 	 	 
	13	 	 	 	 	 	716	 	 	 	 
	14	 	 	 	 	 	790	 	 	 	 
	15	 	 	 	 	 	803	786	 	 	 
	16	 	 	 	 	 	759	 	 	 	 
	17	 	 	 	 	 	783	 	 	 	 
	18	 	 	 	 	 	787	 	 	 	 
	19	 	 	 	 	 	791	 	 	 	 
	20	 	 	 	 	 	784	 	 	 	 
	21	 	 	 	 	 	790	 	 	 	 
	22	 	 	 	 	 	805	 	 	 	 
	23	 	 	 	 	 	739	 	 	 	 
	24	 	 	 	 	 	808	 	 	 	 
	25	 	 	 	 	 	781	 	 	 	 
	26	 	 	 	 	 	783	 	 	 	 
	27	 	 	 	 	 	788	 	 	 	 
	28	 	 	 	 	 	772	 	 	 	 
	29	 	 	 	 	 	704	 	 	 	 
	30	 	 	 	 	 	784	 	 	 	 
	31	 	 	 	 	 	708	 	 	 	 
	32	 	 	 	 	 	780	 	 	 	 
	33	 	 	 	 	 	787	 	 	 	 
	34	 	 	 	 	 	730	743	 	 	 
	35	 	 	 	 	 	767	 	 	 	 
	36	 	 	 	 	 	772	 	 	 	 
	37	 	 	 	 	 	781	 	 	 	 
	38	 	 	 	 	 	725	 	 	 	 
	39	 	 	 	 	 	751	 	 	 	 
	40	 	 	 	 	 	736	 	 	 	 
	41	 	 	 	 	 	768	 	 	 	 
	42	 	 	 	 	 	721	 	 	 	 
	43	 	 	 	 	 	773	 	 	 	 
	44	 	 	 	 	 	732	 	 	 	 
	45	 	 	 	 	 	750	 	 	 	 
	46	 	 	 	 	 	747	 	 	 	 
	47	 	 	 	 	 	722	 	 	 	 
	48	 	 	 	 	 	776	 	 	 	 
	49	 	 	 	 	 	785	 	 	 	 
	50	 	 	 	 	 	749	 	 	 	 
	51	 	 	 	 	 	789	 	 	 	 
	52	 	 	 	 	 	808	 	 	 	 
	53	 	 	 	 	 	787	 	 	 	 
	54	 	 	 	 	 	730	 	 	 	 
	55	 	 	 	 	 	783	 	 	 	 
	56	 	 	 	 	 	798	 	 	 	 
	57	 	 	 	 	 	734	 	 	 	 
	58	 	 	 	 	 	751	 	 	 	 
	59	 	 	 	 	 	762	 	 	 	 
	60	 	 	 	 	 	764	 	 	 	 
	61	 	 	 	 	 	786	 	 	 	 
	62	 	 	 	 	 	797	 	 	 	 

 

 

	 	91	92	93	94	95	96	97	98	99	100
	 	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	Most Recent 12-
 month Pay History	Months Bankruptcy	Months Foreclosure
	1	 	 	 	 	 	 	 	000000000000	 	 
	2	 	 	 	 	 	 	 	000000000000	 	 
	3	 	 	 	 	 	 	 	000000000000	 	 
	4	 	 	 	 	 	 	 	000000000000	 	 
	5	 	 	 	 	 	 	 	000000000000	 	 
	6	 	 	 	 	 	 	 	000000000000	 	 
	7	 	 	 	 	 	 	 	000000000000	 	 
	8	 	 	 	 	 	 	 	000000000000	 	 
	9	 	 	 	 	 	 	 	000000000000	 	 
	10	 	 	 	 	 	 	 	000000000000	 	 
	11	 	 	 	 	 	 	 	000000000000	 	 
	12	 	 	 	 	 	 	 	000000000000	 	 
	13	 	 	 	 	 	 	 	000000000000	 	 
	14	 	 	 	 	 	 	 	000000000000	 	 
	15	 	 	 	 	 	 	 	000000000000	 	 
	16	 	 	 	 	 	 	 	000000000000	 	 
	17	 	 	 	 	 	 	 	000000000000	 	 
	18	 	 	 	 	 	 	 	000000000000	 	 
	19	 	 	 	 	 	 	 	000000000000	 	 
	20	 	 	 	 	 	 	 	000000000000	 	 
	21	 	 	 	 	 	 	 	000000000000	 	 
	22	 	 	 	 	 	 	 	000000000000	 	 
	23	 	 	 	 	 	 	 	000000000000	 	 
	24	 	 	 	 	 	 	 	000000000000	 	 
	25	 	 	 	 	 	 	 	000000000000	 	 
	26	 	 	 	 	 	 	 	000000000000	 	 
	27	 	 	 	 	 	 	 	000000000000	 	 
	28	 	 	 	 	 	 	 	000000000000	 	 
	29	 	 	 	 	 	 	 	000000000000	 	 
	30	 	 	 	 	 	 	 	000000000000	 	 
	31	 	 	 	 	 	 	 	000000000000	 	 
	32	 	 	 	 	 	 	 	000000000000	 	 
	33	 	 	 	 	 	 	 	000000000000	 	 
	34	 	 	 	 	 	 	 	000000000000	 	 
	35	 	 	 	 	 	 	 	000000000000	 	 
	36	 	 	 	 	 	 	 	000000000000	 	 
	37	 	 	 	 	 	 	 	000000000000	 	 
	38	 	 	 	 	 	 	 	000000000000	 	 
	39	 	 	 	 	 	 	 	000000000000	 	 
	40	 	 	 	 	 	 	 	000000000000	 	 
	41	 	 	 	 	 	 	 	000000000000	 	 
	42	 	 	 	 	 	 	 	000000000000	 	 
	43	 	 	 	 	 	 	 	000000000000	 	 
	44	 	 	 	 	 	 	 	000000000000	 	 
	45	 	 	 	 	 	 	 	000000000000	 	 
	46	 	 	 	 	 	 	 	000000000000	 	 
	47	 	 	 	 	 	 	 	000000000000	 	 
	48	 	 	 	 	 	 	 	000000000000	 	 
	49	 	 	 	 	 	 	 	000000000000	 	 
	50	 	 	 	 	 	 	 	000000000000	 	 
	51	 	 	 	 	 	 	 	000000000000	 	 
	52	 	 	 	 	 	 	 	000000000000	 	 
	53	 	 	 	 	 	 	 	000000000000	 	 
	54	 	 	 	 	 	 	 	000000000000	 	 
	55	 	 	 	 	 	 	 	000000000000	 	 
	56	 	 	 	 	 	 	 	000000000000	 	 
	57	 	 	 	 	 	 	 	000000000000	 	 
	58	 	 	 	 	 	 	 	000000000000	 	 
	59	 	 	 	 	 	 	 	000000000000	 	 
	60	 	 	 	 	 	 	 	000000000000	 	 
	61	 	 	 	 	 	 	 	000000000000	 	 
	62	 	 	 	 	 	 	 	000000000000	 	 

 

	 	101	102	103	104	105	106	107	108	109	110
	 	Primary Borrower
 Wage Income	Co-Borrower Wage
 Income	Primary Borrower
 Other Income	Co-Borrower Other
 Income	All Borrower Wage
 Income	All Borrower Total
 Income	4506-T Indicator	Borrower Income
 Verification Level	Co-Borrower
 Income Verification	Borrower
 Employment
 Verification
	1	0.00	 	45597.00	 	0.00	45597.00	1	5	 	3
	2	20000.00	0.00	5926.86	0.00	20000.00	25926.86	1	5	 	3
	3	16666.67	0.00	0.00	0.00	16666.67	16666.67	1	5	 	3
	4	15666.67	0.00	0.00	0.00	15666.67	15666.67	1	5	 	3
	5	18333.33	0.00	0.00	0.00	18333.33	18333.33	1	5	 	3
	6	23554.00	35685.00	-5620.00	0.00	59239.00	53619.00	1	5	 	3
	7	17471.76	 	0.00	 	17471.76	17471.76	1	5	 	3
	8	3390.33	 	6736.00	 	3390.33	10126.33	1	5	 	3
	9	34430.00	 	-4655.00	 	34430.00	29775.00	1	5	 	3
	10	801359.00	 	-5254.00	 	801359.00	796105.00	1	5	 	3
	11	30869.13	 	0.00	 	30869.13	30869.13	1	5	 	3
	12	0.00	0.00	92621.00	0.00	0.00	92621.00	1	5	 	3
	13	20648.62	0.00	1173.17	0.00	20648.62	21821.79	1	5	 	3
	14	25025.00	0.00	0.00	0.00	25025.00	25025.00	1	5	 	3
	15	34932.00	 	-80.50	 	34932.00	34851.50	1	5	 	3
	16	10033.33	 	0.00	 	10033.33	10033.33	1	5	 	3
	17	69904.25	0.00	-2317.43	0.00	69904.25	67586.82	1	5	 	3
	18	17083.16	0.00	0.00	0.00	17083.16	17083.16	1	5	 	3
	19	12500.00	5925.25	0.00	0.00	18425.25	18425.25	1	5	 	3
	20	14102.40	0.00	0.00	0.00	14102.40	14102.40	1	5	 	3
	21	35250.00	0.00	0.00	0.00	35250.00	35250.00	1	5	 	3
	22	12916.67	0.00	0.00	0.00	12916.67	12916.67	1	5	 	3
	23	12745.00	 	679.00	 	12745.00	13424.00	1	5	 	3
	24	23750.00	6358.00	0.00	0.00	30108.00	30108.00	1	5	 	3
	25	31303.77	 	0.00	 	31303.77	31303.77	1	5	 	3
	26	15409.00	0.00	-1642.00	0.00	15409.00	13767.00	1	5	 	3
	27	33821.00	0.00	0.00	0.00	33821.00	33821.00	1	5	 	3
	28	56227.38	0.00	0.00	0.00	56227.38	56227.38	1	5	 	3
	29	22838.22	5368.00	0.00	0.00	28206.22	28206.22	1	5	 	3
	30	0.00	5000.00	11620.00	0.00	5000.00	16620.00	1	5	 	3
	31	40275.00	 	0.00	 	40275.00	40275.00	1	5	 	3
	32	18166.67	 	4158.67	 	18166.67	22325.34	1	5	 	3
	33	27016.71	0.00	0.00	0.00	27016.71	27016.71	1	5	 	3
	34	5385.00	146034.00	0.00	0.00	151419.00	151419.00	1	5	 	3
	35	22822.00	0.00	0.00	0.00	22822.00	22822.00	1	5	 	3
	36	5182.00	0.00	33998.00	0.00	5182.00	39180.00	1	5	 	3
	37	8375.00	10758.32	0.00	0.00	19133.32	19133.32	1	5	 	3
	38	37683.00	0.00	0.00	0.00	37683.00	37683.00	1	5	 	3
	39	12133.33	9200.00	560.33	0.00	21333.33	21893.66	1	5	 	3
	40	5416.66	8749.97	0.00	0.00	14166.63	14166.63	1	5	 	3
	41	29076.08	5050.00	0.00	0.00	34126.08	34126.08	1	5	 	3
	42	4409.99	0.00	18221.58	0.00	4409.99	22631.57	1	5	 	3
	43	15745.77	0.00	0.00	0.00	15745.77	15745.77	1	5	 	3
	44	22102.25	 	0.00	 	22102.25	22102.25	1	5	 	3
	45	1705.90	12514.00	-170.00	0.00	14219.90	14049.90	1	5	 	3
	46	23006.71	0.00	0.00	0.00	23006.71	23006.71	1	5	 	3
	47	14501.67	 	3129.00	 	14501.67	17630.67	1	5	 	3
	48	9833.34	1197.88	140.75	0.00	11031.22	11171.97	1	5	 	3
	49	24915.50	0.00	0.00	0.00	24915.50	24915.50	1	5	 	3
	50	8698.21	15714.16	-1221.00	0.00	24412.37	23191.37	1	5	 	3
	51	16666.67	0.00	8333.33	0.00	16666.67	25000.00	1	5	 	3
	52	12043.00	0.00	0.00	0.00	12043.00	12043.00	1	5	 	3
	53	21327.00	0.00	0.00	0.00	21327.00	21327.00	1	5	 	3
	54	0.00	27527.00	0.00	0.00	27527.00	27527.00	1	5	 	3
	55	29625.50	 	-1227.31	 	29625.50	28398.19	1	5	 	3
	56	22500.00	 	0.00	 	22500.00	22500.00	1	5	 	3
	57	0.00	14998.53	26145.46	0.00	14998.53	41143.99	1	5	 	3
	58	11544.10	29211.67	0.00	0.00	40755.77	40755.77	1	5	 	3
	59	43396.44	6106.53	0.00	0.00	49502.97	49502.97	1	5	 	3
	60	79343.00	20616.66	0.00	0.00	99959.66	99959.66	1	5	 	3
	61	8817.32	 	0.00	 	8817.32	8817.32	1	5	 	3
	62	24530.00	24530.00	0.00	0.00	49060.00	49060.00	1	5	 	3

 

	 	111	112	113	114	115	116	117	118	119	120
	 	Co-Borrower
 Employment
 Verification	Borrower Asset
 Verification	Co-Borrower Asset
 Verification	Liquid / Cash
 Reserves	Monthly Debt All
 Borrowers	Originator DTI	Fully Indexed Rate	Qualification
 Method	Percentage of Down
 Payment from
 Borrower Own
 Funds	City
	1	 	4	 	263228.73	15220.78	0.3338	 	 	100	SAN ANTONIO
	2	 	4	 	1995341.58	11907.92	0.4593	 	 	100	DALLAS
	3	 	4	 	493778.82	7074.85	0.4245	 	 	 	DALLAS
	4	 	4	 	258379.48	4212.13	0.2689	 	 	100	FAIR OAKS RANCH
	5	 	4	 	424662.90	5645.42	0.3079	 	 	100	BOERNE
	6	 	4	 	1177393.62	9050.14	0.1688	 	 	100	SCOTTSDALE
	7	 	4	 	211546.33	7262.49	0.4157	 	 	100	CARY
	8	 	4	 	235173.06	4555.26	0.4498	 	 	 	DALLAS
	9	 	4	 	126083.00	9712.37	0.3262	 	 	 	FORT LAUDERDALE
	10	 	4	 	9591997.64	16939.52	0.0213	 	 	100	GREENWICH
	11	 	4	 	196215.08	9440.00	0.3058	 	 	 	STATEN ISLAND
	12	 	4	 	1266397.50	11826.13	0.1277	 	 	100	MIDLAND
	13	 	4	 	2118145.71	7838.58	0.3592	 	 	 	BALTIMORE
	14	 	4	 	2692600.01	8311.85	0.3321	 	 	100	COCKEYSVILLE
	15	 	4	 	125757.96	6450.63	0.1851	 	 	0	DANVILLE
	16	 	4	 	154873.63	4097.19	0.4084	 	 	 	SAN DIEGO
	17	 	4	 	1001184.40	9722.57	0.1439	 	 	100	MIRAMAR BEACH
	18	 	4	 	141872.17	4746.21	0.2778	 	 	 	WINCHESTER
	19	 	4	 	180563.33	5758.83	0.3126	 	 	100	CORONA
	20	 	4	 	523863.57	4986.99	0.3536	 	 	100	SAN DIEGO
	21	 	4	 	174516.23	13544.32	0.3842	 	 	 	HERMOSA BEACH
	22	 	4	 	436013.33	5747.34	0.4450	 	 	100	LA CANADA FLINTRIDGE
	23	 	4	 	38155.75	5257.90	0.3917	 	 	 	HENDERSONVILLE
	24	 	4	 	176857.00	8063.46	0.2678	 	 	 	HUNTINGTON BEACH
	25	 	4	 	47513.86	7011.61	0.2240	 	 	 	MASON
	26	 	4	 	54515.87	5997.51	0.4356	 	 	60.4502	REDDING
	27	 	4	 	1124121.85	10235.66	0.3026	 	 	 	CHADDS FORD
	28	 	4	 	718116.61	6931.82	0.1233	 	 	 	SOUTHLAKE
	29	 	4	 	657402.30	11025.30	0.3909	 	 	 	HOUSTON
	30	 	4	 	69525.76	6765.45	0.4071	 	 	43.0527	AUSTIN
	31	 	4	 	167307.26	7692.48	0.1910	 	 	100	FRISCO
	32	 	4	 	106351.20	8341.86	0.3737	 	 	 	COLLEYVILLE
	33	 	4	 	193220.70	8042.55	0.2977	 	 	 	SOUTHLAKE
	34	 	3	 	199657.57	15324.66	0.1012	 	 	 	NASHVILLE
	35	 	4	 	47546.00	6848.27	0.3001	 	 	 	LOOMIS
	36	 	4	 	248394.38	5050.81	0.1289	 	 	 	SPOKANE
	37	 	4	 	192093.76	4123.77	0.2155	 	 	100	SAN DIEGO
	38	 	4	 	162491.18	7834.90	0.2079	 	 	100	HOUSTON
	39	 	4	 	84014.68	8161.02	0.3728	 	 	 	HOUSTON
	40	 	4	 	536101.32	5835.50	0.4119	 	 	 	ATLANTA
	41	 	4	 	120897.12	7809.92	0.2289	 	 	 	HIGHLAND PARK
	42	 	4	 	433981.49	9752.08	0.4309	 	 	 	UNIVERSITY PARK
	43	 	4	 	184501.89	5747.80	0.3650	 	 	100	SIERRA MADRE
	44	 	4	 	133430.02	8676.99	0.3926	 	 	78.1141	SAINT JOHNS
	45	 	4	 	215163.05	4618.85	0.3287	 	 	 	QUEENSTOWN
	46	 	4	 	233101.99	9967.15	0.4332	 	 	 	THE WOODLANDS
	47	 	4	 	109421.28	7921.67	0.4493	 	 	100	THE WOODLANDS
	48	 	4	 	192139.85	5385.52	0.4821	 	 	100	JUPITER
	49	 	4	 	49573.71	7518.05	0.3017	 	 	 	DALLAS
	50	 	4	 	206023.75	7046.40	0.3038	 	 	 	GARDEN RIDGE
	51	 	4	 	169875.55	7063.90	0.2826	 	 	 	UNIVERSITY PARK
	52	 	4	 	58084.33	4809.10	0.3993	 	 	 	UNIVERSITY PARK
	53	 	4	 	85768.10	9036.98	0.4237	 	 	 	FRISCO
	54	 	4	 	79208.35	5982.66	0.2173	 	 	100	DALLAS
	55	 	4	 	225513.51	11865.90	0.4178	 	 	 	LAGUNA BEACH
	56	 	4	 	320372.58	4515.57	0.2007	 	 	100	ALBUQUERQUE
	57	 	4	 	110319.33	8505.74	0.2067	 	 	 	GLENCOE
	58	 	4	 	88885.46	6493.17	0.1593	 	 	 	HINSDALE
	59	 	4	 	852355.12	7198.67	0.1454	 	 	100	HINSDALE
	60	 	4	 	774520.61	18957.55	0.1897	 	 	100	AUSTIN
	61	 	4	 	190666.40	3585.11	0.4066	 	 	 	AUSTIN
	62	 	4	 	889431.66	13506.22	0.2753	 	 	100	LAGUNA NIGUEL

 

	 	121	122	123	124	125	126	127	128	129	130
	 	State	Postal Code	Property Type	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
	1	TX	78209	1	1	1300000.00	1400000.00	3	20120117	 	 
	2	TX	75225	1	1	1100000.00	1185000.00	3	20120308	 	 
	3	TX	75209	1	1	 	980000.00	3	20120320	 	 
	4	TX	78015	7	1	675000.00	675000.00	3	20120222	 	 
	5	TX	78006	7	1	835000.00	850000.00	3	20120306	 	 
	6	AZ	85266	7	1	740000.00	742000.00	3	20111130	 	 
	7	NC	27511	7	1	700000.00	720000.00	3	20111012	 	 
	8	TX	75218	1	1	 	1050000.00	3	20120228	 	 
	9	FL	33301	1	1	 	1250000.00	3	20120205	 	 
	10	CT	06830	3	3	2500000.00	2500000.00	3	20120130	 	 
	11	NY	10304	1	1	 	1800000.00	3	20120125	 	 
	12	TX	79705	1	1	1266250.00	1275000.00	3	20120112	 	 
	13	MD	21212	3	1	 	1070000.00	3	20120107	 	 
	14	MD	21030	1	1	1995000.00	2000000.00	3	20120315	 	 
	15	CA	94526	1	1	 	1175000.00	3	20110824	 	 
	16	CA	92122	7	1	 	930000.00	3	20120218	 	 
	17	FL	32550	3	2	1550000.00	1550000.00	3	20120221	 	 
	18	MA	01890	1	1	 	795000.00	3	20120126	 	 
	19	CA	92881	1	1	750000.00	750000.00	3	20120131	 	 
	20	CA	92130	7	1	1125000.00	1125000.00	3	20120316	 	 
	21	CA	90254	1	1	 	2215000.00	3	20120225	 	 
	22	CA	91011	1	1	950000.00	950000.00	3	20120319	 	 
	23	TN	37075	1	1	 	805000.00	3	20111110	 	 
	24	CA	92648	7	1	 	1400000.00	3	20111221	 	 
	25	OH	45040	7	1	 	1100000.00	3	20120128	 	 
	26	CA	96001	1	1	875000.00	875000.00	3	20111209	 	 
	27	PA	19317	1	1	 	850000.00	3	20120216	 	 
	28	TX	76092	7	1	 	1103000.00	3	20120224	 	 
	29	TX	77024	7	1	 	1425000.00	3	20120215	 	 
	30	TX	78746	1	1	838235.00	840000.00	3	20120208	 	 
	31	TX	75033	7	1	650000.00	655000.00	3	20120321	 	 
	32	TX	76034	7	1	 	770000.00	3	20120405	 	 
	33	TX	76092	7	1	 	1235000.00	3	20120220	 	 
	34	TN	37215	7	1	 	770000.00	3	20110321	 	 
	35	CA	95650	7	1	 	1029224.00	3	20120127	 	 
	36	WA	99223	1	1	 	860000.00	3	20120131	 	 
	37	CA	92107	1	1	849900.00	860000.00	3	20120223	 	 
	38	TX	77005	1	1	1365000.00	1365000.00	3	20120316	 	 
	39	TX	77025	1	1	 	978500.00	3	20120211	 	 
	40	GA	30342	1	1	 	1556000.00	3	20120215	 	 
	41	TX	75205	1	1	 	1680000.00	3	20120202	 	 
	42	TX	75225	1	1	 	2300000.00	3	20120328	 	 
	43	CA	91024	1	1	987000.00	990000.00	3	20120309	 	 
	44	FL	32259	7	1	963749.00	970000.00	3	20120302	 	 
	45	MD	21658	7	1	 	850000.00	3	20111208	 	 
	46	TX	77381	7	1	 	1220000.00	3	20120224	 	 
	47	TX	77382	7	1	788580.00	800000.00	3	20120308	 	 
	48	FL	33458	7	1	627165.00	650000.00	3	20120409	 	 
	49	TX	75205	1	1	 	1500000.00	3	20120306	 	 
	50	TX	78266	7	1	 	665000.00	3	20111117	 	 
	51	TX	75225	1	1	 	1265000.00	3	20120216	 	 
	52	TX	75225	1	1	 	895000.00	3	20120221	 	 
	53	TX	75034	7	1	 	1180000.00	3	20120124	 	 
	54	TX	75230	1	1	840000.00	800000.00	3	20120215	 	 
	55	CA	92654	1	1	 	5000000.00	3	20120206	 	 
	56	NM	87111	7	1	1275000.00	1300000.00	3	20120126	 	 
	57	IL	60022	1	1	 	1365000.00	3	20111207	 	 
	58	IL	60521	1	1	 	1150000.00	3	20120308	 	 
	59	IL	60521	1	1	1195000.00	1195000.00	3	20120419	 	 
	60	TX	78701	4	1	1107150.00	1200000.00	3	20120322	 	 
	61	TX	78733	7	1	 	695000.00	3	20120402	 	 
	62	CA	92677	6	1	2300000.00	2300000.00	3	20120308	 	 

 

	 	131	132	133	134	135	136	137	138	139	140
	 	Most Recent
 Property Value2	Most Recent
 Property Valuation
 Type	Most Recent
 Property Valuation
 Date	Most Recent AVM
 Model Name	Most Recent AVM
 Confidence Score	Original CLTV	Original LTV	Original Pledged
 Assets	Mortgage Insurance
 Company Name	Mortgage Insurance
 Percent
	1	 	 	 	 	 	0.7000	0.7000	0	0	0
	2	 	 	 	 	 	0.6363	0.6363	0	0	0
	3	 	 	 	 	 	0.6705	0.6705	0	0	0
	4	 	 	 	 	 	0.8000	0.8000	0	0	0
	5	 	 	 	 	 	0.8000	0.8000	0	0	0
	6	 	 	 	 	 	0.7500	0.7500	0	0	0
	7	 	 	 	 	 	0.8000	0.8000	0	0	0
	8	 	 	 	 	 	0.7000	0.7000	0	0	0
	9	 	 	 	 	 	0.5800	0.5800	0	0	0
	10	 	 	 	 	 	0.6000	0.6000	0	0	0
	11	 	 	 	 	 	0.7500	0.7500	0	0	0
	12	 	 	 	 	 	0.7834	0.7834	0	0	0
	13	 	 	 	 	 	0.6855	0.6855	0	0	0
	14	 	 	 	 	 	0.5012	0.5012	0	0	0
	15	 	 	 	 	 	0.8000	0.8000	0	0	0
	16	 	 	 	 	 	0.6483	0.6483	0	0	0
	17	 	 	 	 	 	0.6451	0.6451	0	0	0
	18	 	 	 	 	 	0.7893	0.7893	0	0	0
	19	 	 	 	 	 	0.7500	0.7500	0	0	0
	20	 	 	 	 	 	0.5333	0.5333	0	0	0
	21	 	 	 	 	 	0.7458	0.7458	0	0	0
	22	 	 	 	 	 	0.8000	0.8000	0	0	0
	23	 	 	 	 	 	0.7664	0.7664	0	0	0
	24	 	 	 	 	 	0.6857	0.6857	0	0	0
	25	 	 	 	 	 	0.8000	0.8000	0	0	0
	26	 	 	 	 	 	0.8000	0.8000	0	0	0
	27	 	 	 	 	 	0.8000	0.8000	0	0	0
	28	 	 	 	 	 	0.7434	0.7434	0	0	0
	29	 	 	 	 	 	0.7000	0.7000	0	0	0
	30	 	 	 	 	 	0.7999	0.7999	0	0	0
	31	 	 	 	 	 	0.7000	0.7000	0	0	0
	32	 	 	 	 	 	0.8000	0.7236	0	0	0
	33	 	 	 	 	 	0.6697	0.6697	0	0	0
	34	 	 	 	 	 	0.7500	0.7500	0	0	0
	35	 	 	 	 	 	0.7801	0.7801	0	0	0
	36	 	 	 	 	 	0.8000	0.8000	0	0	0
	37	 	 	 	 	 	0.7499	0.7499	0	0	0
	38	 	 	 	 	 	0.7500	0.7500	0	0	0
	39	 	 	 	 	 	0.8000	0.8000	0	0	0
	40	 	 	 	 	 	0.6426	0.6426	0	0	0
	41	 	 	 	 	 	0.5952	0.5952	0	0	0
	42	 	 	 	 	 	0.3043	0.3043	0	0	0
	43	 	 	 	 	 	0.8000	0.8000	0	0	0
	44	 	 	 	 	 	0.7999	0.7999	0	0	0
	45	 	 	 	 	 	0.7500	0.7500	0	0	0
	46	 	 	 	 	 	0.6000	0.6000	0	0	0
	47	 	 	 	 	 	0.7999	0.7999	0	0	0
	48	 	 	 	 	 	0.7999	0.7999	0	0	0
	49	 	 	 	 	 	0.6369	0.6369	0	0	0
	50	 	 	 	 	 	0.8000	0.8000	0	0	0
	51	 	 	 	 	 	0.6500	0.6500	0	0	0
	52	 	 	 	 	 	0.7631	0.7631	0	0	0
	53	 	 	 	 	 	0.7774	0.7774	0	0	0
	54	 	 	 	 	 	0.8000	0.8000	0	0	0
	55	 	 	 	 	 	0.3522	0.3522	0	0	0
	56	 	 	 	 	 	0.4705	0.4705	0	0	0
	57	 	 	 	 	 	0.4835	0.4835	0	0	0
	58	 	 	 	 	 	0.7937	0.7937	0	0	0
	59	 	 	 	 	 	0.5020	0.5020	0	0	0
	60	 	 	 	 	 	0.5870	0.5870	0	0	0
	61	 	 	 	 	 	0.7194	0.7194	0	0	0
	62	 	 	 	 	 	0.6500	0.6500	0	0	0

 

	 	141	142	143	144	145	146	147	148	149	150
	 	MI: Lender or
 Borrower Paid?	Pool Insurance Co.
 Name	Pool Insurance Stop
 Loss %	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
	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	 	 	 	 	 	 	 	 	 	 
	61	 	 	 	 	 	 	 	 	 	 
	62	 	 	 	 	 	 	 	 	 	 

 

	 	151	152	153	154	155	156	157	158	159	160
	 	Pre-Modification P&I
 Payment	Pre-Modification
 Initial Interest Rate
 Change Downward
 Cap	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
	1	 	 	 	 	 	 	 	 	 	0
	2	 	 	 	 	 	 	 	 	 	25
	3	 	 	 	 	 	 	 	 	 	39
	4	 	 	 	 	 	 	 	 	 	15
	5	 	 	 	 	 	 	 	 	 	20
	6	 	 	 	 	 	 	 	 	 	25
	7	 	 	 	 	 	 	 	 	 	15
	8	 	 	 	 	 	 	 	 	 	18
	9	 	 	 	 	 	 	 	 	 	13
	10	 	 	 	 	 	 	 	 	 	17
	11	 	 	 	 	 	 	 	 	 	35
	12	 	 	 	 	 	 	 	 	 	30
	13	 	 	 	 	 	 	 	 	 	45
	14	 	 	 	 	 	 	 	 	 	22
	15	 	 	 	 	 	 	 	 	 	15
	16	 	 	 	 	 	 	 	 	 	20
	17	 	 	 	 	 	 	 	 	 	20
	18	 	 	 	 	 	 	 	 	 	2
	19	 	 	 	 	 	 	 	 	 	10
	20	 	 	 	 	 	 	 	 	 	15
	21	 	 	 	 	 	 	 	 	 	12
	22	 	 	 	 	 	 	 	 	 	14
	23	 	 	 	 	 	 	 	 	 	25
	24	 	 	 	 	 	 	 	 	 	14
	25	 	 	 	 	 	 	 	 	-13967.78	12
	26	 	 	 	 	 	 	 	 	-168098.98	8
	27	 	 	 	 	 	 	 	 	-71816.15	22
	28	 	 	 	 	 	 	 	 	-15721.86	19
	29	 	 	 	 	 	 	 	 	-18933.86	10
	30	 	 	 	 	 	 	 	 	-163667.17	9
	31	 	 	 	 	 	 	 	 	-157241.03	32
	32	 	 	 	 	 	 	 	 	-7410.8	10
	33	 	 	 	 	 	 	 	 	-2323.5	7
	34	 	 	 	 	 	 	 	 	0	3
	35	 	 	 	 	 	 	 	 	315.17	8
	36	 	 	 	 	 	 	 	 	0	11
	37	 	 	 	 	 	 	 	 	1607.06	5
	38	 	 	 	 	 	 	 	 	-317643.06	5
	39	 	 	 	 	 	 	 	 	-2440.07	8
	40	 	 	 	 	 	 	 	 	-21736.19	8
	41	 	 	 	 	 	 	 	 	-329833.88	11
	42	 	 	 	 	 	 	 	 	-45.91	29
	43	 	 	 	 	 	 	 	 	590.97	6
	44	 	 	 	 	 	 	 	 	-17173.1	32
	45	 	 	 	 	 	 	 	 	-174917.47	0
	46	 	 	 	 	 	 	 	 	-36.01	19
	47	 	 	 	 	 	 	 	 	-117345.87	3
	48	 	 	 	 	 	 	 	 	-84058.15	6
	49	 	 	 	 	 	 	 	 	0	12
	50	 	 	 	 	 	 	 	 	-75730.25	26
	51	 	 	 	 	 	 	 	 	-13058.5	7
	52	 	 	 	 	 	 	 	 	-447.67	4
	53	 	 	 	 	 	 	 	 	-229.95	11
	54	 	 	 	 	 	 	 	 	-204413.4	16.5
	55	 	 	 	 	 	 	 	 	0	21
	56	 	 	 	 	 	 	 	 	-665523.42	31
	57	 	 	 	 	 	 	 	 	-86856.67	6
	58	 	 	 	 	 	 	 	 	583.34	10
	59	 	 	 	 	 	 	 	 	-468787.92	10
	60	 	 	 	 	 	 	 	 	-364959.82	17
	61	 	 	 	 	 	 	 	 	-19.38	20
	62	 	 	 	 	 	 	 	 	1894.52	9

 

	 	161	162	163	164	165	166	167	168	169	170
	 	CoBrrw - Yrs at in Industry	Junior Mortgage Drawn Amount	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
	1	 	0	20420301	0.00	0.00	0.00	 	 	 	Full
	2	 	0	20420401	20000.00	5926.86	0.00	0.00	0.00	0.00	Full
	3	 	0	20420501	16666.67	0.00	0.00	0.00	0.00	0.00	Full
	4	 	0	20420301	15666.67	0.00	0.00	0.00	0.00	0.00	Full
	5	 	0	20420401	18333.33	0.00	0.00	0.00	0.00	0.00	Full
	6	25	0	20420201	23554.00	0.00	0.00	35685.00	0.00	0.00	Full
	7	 	0	20411201	17471.76	0.00	0.00	 	 	 	Full
	8	 	0	20420501	3390.33	0.00	0.00	 	 	 	Full
	9	 	0	20420301	34430.00	0.00	0.00	 	 	 	Full
	10	 	0	20420401	801359.00	0.00	0.00	 	 	 	Full
	11	 	0	20420301	30869.13	0.00	0.00	 	 	 	Full
	12	 	0	20420301	0.00	0.00	0.00	0.00	0.00	0.00	Full
	13	 	0	20420301	20648.62	0.00	0.00	0.00	0.00	0.00	Full
	14	 	0	20420501	25025.00	0.00	0.00	0.00	0.00	0.00	Full
	15	 	0	20411101	34932.00	0.00	0.00	 	 	 	Full
	16	 	0	20420401	10033.33	0.00	0.00	 	 	 	Full
	17	 	0	20420301	69904.25	0.00	0.00	0.00	0.00	0.00	Full
	18	 	0	20420301	17083.16	0.00	0.00	0.00	0.00	0.00	Full
	19	12	0	20420401	12500.00	0.00	0.00	5925.25	0.00	0.00	Full
	20	 	0	20420501	14102.40	0.00	0.00	0.00	0.00	0.00	Full
	21	 	0	20420401	35250.00	0.00	0.00	0.00	0.00	0.00	Full
	22	 	0	20420501	12916.67	0.00	0.00	0.00	0.00	0.00	Full
	23	 	0	20420201	12745.00	0.00	0.00	 	 	 	Full
	24	15	0	20420201	23750.00	0.00	0.00	6358.00	0.00	0.00	Full
	25	 	0	20420301	31303.77	0.00	0.00	 	 	 	Full
	26	0	0	20420201	15409.00	0.00	0.00	0.00	0.00	0.00	Full
	27	5	0	20420501	33821.00	0.00	0.00	0.00	0.00	0.00	Full
	28	 	0	20420401	56227.38	0.00	0.00	0.00	0.00	0.00	Full
	29	10	0	20420401	22838.22	0.00	0.00	5368.00	0.00	0.00	Full
	30	1	0	20420401	0.00	0.00	11620.00	5000.00	0.00	0.00	Full
	31	 	0	20420501	40275.00	0.00	0.00	 	 	 	Full
	32	 	56998	20420501	18166.67	4158.67	0.00	 	 	 	Full
	33	 	0	20420401	27016.71	0.00	0.00	0.00	0.00	0.00	Full
	34	17	0	20410801	5385.00	0.00	0.00	146034.00	0.00	0.00	Full
	35	 	0	20420401	22822.00	0.00	0.00	0.00	0.00	0.00	Full
	36	 	0	20420301	5182.00	0.00	33998.00	0.00	0.00	0.00	Full
	37	12	0	20420401	8375.00	0.00	0.00	10758.32	0.00	0.00	Full
	38	 	0	20420601	37683.00	0.00	0.00	0.00	0.00	0.00	Full
	39	6	0	20420401	12133.33	3604.33	0.00	9200.00	0.00	0.00	Full
	40	12	0	20420401	5416.66	0.00	0.00	8749.97	0.00	0.00	Full
	41	12	0	20420401	29076.08	0.00	0.00	5050.00	0.00	0.00	Full
	42	 	0	20420501	4409.99	11681.58	6540.00	0.00	0.00	0.00	Full
	43	 	0	20420501	15745.77	0.00	0.00	0.00	0.00	0.00	Full
	44	 	0	20420501	22102.25	0.00	0.00	 	 	 	Full
	45	36	0	20420201	1705.90	0.00	0.00	12514.00	0.00	0.00	Full
	46	 	0	20420401	23006.71	0.00	0.00	0.00	0.00	0.00	Full
	47	 	0	20420401	14501.67	5159.00	0.00	 	 	 	Full
	48	7	0	20420601	9833.34	140.75	0.00	1197.88	0.00	0.00	Full
	49	 	0	20420501	24915.50	0.00	0.00	0.00	0.00	0.00	Full
	50	46	0	20420201	8698.21	0.00	0.00	15714.16	0.00	0.00	Full
	51	 	0	20420401	16666.67	8333.33	0.00	0.00	0.00	0.00	Full
	52	 	0	20420401	12043.00	0.00	0.00	0.00	0.00	0.00	Full
	53	 	0	20420301	21327.00	0.00	0.00	0.00	0.00	0.00	Full
	54	16	0	20420401	0.00	0.00	0.00	27527.00	0.00	0.00	Full
	55	 	0	20420401	29625.50	0.00	0.00	 	 	 	Full
	56	 	0	20420301	22500.00	0.00	0.00	 	 	 	Full
	57	6	0	20420201	0.00	0.00	0.00	14998.53	0.00	0.00	Full
	58	10	0	20420401	11544.10	0.00	0.00	29211.67	0.00	0.00	Full
	59	5	0	20420501	43396.44	0.00	0.00	6106.53	0.00	0.00	Full
	60	17	0	20420401	79343.00	0.00	0.00	20616.66	0.00	0.00	Full
	61	 	0	20420501	8817.32	0.00	0.00	 	 	 	Full
	62	9	0	20420501	24530.00	0.00	0.00	24530.00	0.00	0.00	Full

 

	 	171	172
	 	RWT Income Verification	RWT Asset Verification
	1	2 Years	2 Months
	2	2 Years	2 Months
	3	2 Years	2 Months
	4	2 Years	2 Months
	5	2 Years	2 Months
	6	2 Years	2 Months
	7	2 Years	2 Months
	8	2 Years	2 Months
	9	2 Years	2 Months
	10	2 Years	2 Months
	11	2 Years	2 Months
	12	2 Years	2 Months
	13	2 Years	2 Months
	14	2 Years	2 Months
	15	2 Years	2 Months
	16	2 Years	2 Months
	17	2 Years	2 Months
	18	2 Years	2 Months
	19	2 Years	2 Months
	20	2 Years	2 Months
	21	2 Years	2 Months
	22	2 Years	2 Months
	23	2 Years	2 Months
	24	2 Years	2 Months
	25	2 Years	2 Months
	26	2 Years	2 Months
	27	2 Years	2 Months
	28	2 Years	2 Months
	29	2 Years	2 Months
	30	2 Years	2 Months
	31	2 Years	2 Months
	32	2 Years	2 Months
	33	2 Years	2 Months
	34	2 Years	1 Month
	35	2 Years	2 Months
	36	2 Years	2 Months
	37	2 Years	2 Months
	38	2 Years	2 Months
	39	2 Years	2 Months
	40	2 Years	2 Months
	41	2 Years	2 Months
	42	2 Years	2 Months
	43	2 Years	2 Months
	44	2 Years	2 Months
	45	2 Years	2 Months
	46	2 Years	2 Months
	47	2 Years	2 Months
	48	2 Years	2 Months
	49	2 Years	2 Months
	50	2 Years	2 Months
	51	2 Years	2 Months
	52	2 Years	2 Months
	53	2 Years	2 Months
	54	2 Years	2 Months
	55	2 Years	2 Months
	56	2 Years	2 Months
	57	2 Years	2 Months
	58	2 Years	2 Months
	59	2 Years	2 Months
	60	2 Years	2 Months
	61	2 Years	2 Months
	62	2 Years	2 Months

 

 

ASF RMBS DISCLOSURE PACKAGE

 

The American Securitization Forum is a
broad-based professional forum through which participants in the U.S. securitization market advocate their common interests on
important legal, regulatory and market practice issues. ASF members include over 380 firms, including issuers, investors, servicers,
financial intermediaries, rating agencies, financial guarantors, legal and accounting firms, and other professional organizations
involved in securitization transactions. The ASF also provides information, education and training on a range of securitization
market issues and topics through industry conferences, seminars and similar initiatives. For more information about ASF, its members
and activities, please go to www.americansecuritization.com.

	
Field

Number

	
Field Name

	
Field Description

	
Type of

Field

	
Data Type

	
Sample Data

	
Format

	
When

Applicable?

	
Valid Values

	
Proposed

Unique

Coding

	
Notes

	
1

	
Primary Servicer

	
The MERS Organization ID of the company that has or will have the right to service the loan.

	
General Information

	
Numeric – Integer

	
2351805

	
9(7)

	
Always

	
”9999999” if Unknown

	  	  
	
2

	
Servicing Fee—Percentage

	
Aggregate monthly fee paid to all servicers, stated in decimal form.

	
General Information

	
Numeric - Decimal

	
0.0025

	
9.999999

	
Loans without flat-dollar servicing fees

	
>= 0 and < 1

	  	
Must be populated if Field 3 is Null

	
3

	
Servicing Fee—Flat-dollar

	
Aggregate monthly fee paid to all servicers, stated as a dollar amount.

	
General Information

	
Numeric – Decimal

	
7.5

	
9(3).99

	
Loans with flat-dollar servicing fees

	
>= 0 and

<= 999

	  	
Must be populated if 2 is Null

	
4

	
Servicing Advance Methodology

	
The manner in which principal and/or interest are to be advanced by the servicer.

	
General Information

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Scheduled Interest, Scheduled Principal

2 = Actual Interest, Actual Principal

3 = Scheduled Interest, Actual Principal

99 = Unknown

	  
	
5

	
Originator

	
The MERS Organization ID of the entity that lends funds to the borrower and, in return, places a lien on the mortgage property as collateral.

	
General Information

	
Numeric – Integer

	
5938671

	
9(7)

	
Always

	
”9999999” if Unknown

	  	  
	
6

	
Loan Group

	
Indicates the collateral group number in which the loan falls (for structures with multiple collateral groups). Use “1” if there is only one loan group.

	
General Information

	
Text

	
1A

	
XXXX

	
Always

	
“UNK” if Unknown

	  	  
	
7

	
Loan Number

	
Unique National Mortgage Loan ID Number (Vendor TBD).

	
General Information

	
Numeric – Integer

	
TBD

	
TBD

	
Always

	
TBD

	  	
Details to be provided by Vendor

	
8

	
Amortization Type

	
Indicates whether the loan’s interest rate is fixed or adjustable (Hybrid ARMs are adjustable).

	
Loan Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Fixed

2 = Adjustable

99 = Unknown

	  
	
9

	
Lien Position

	
A number indicating the loan’s lien position (1 = first lien, etc.).

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
>0

	
99 = Unknown

	  
	
10

	
HELOC Indicator

	
Indicates whether the loan is a home equity line of credit.

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
11

	
Loan Purpose

	
Indicates the purpose of the loan.

	
Loan Type

	
Numeric – Integer

	
9

	
99

	
Always

	
See Coding

	
See Appendix A

	  
	
12

	
Cash Out Amount

	
For “Cash-out” loans (see Glossary):

 

[NEW LOAN AMOUNT] – [PAID-OFF FIRST MORTGAGE LOAN AMOUNT] – [PAID-OFF SECOND MORTGAGE LOAN AMOUNT (if Second was used to purchase the property)] – [CLOSING COSTS].

	
Loan Type

	
Numeric – Decimal

	
72476.5

	
9(10).99

	
Always

	
>= 0

	  	  
	
13

	
Total Origination and Discount Points (in dollars)

	
Amount paid to the lender to increase the lender’s effective yield and, in the case of discount points, to reduce the interest rate paid by the borrower.

	
Loan Type

	
Numeric – Decimal

	
5250

	
9(10).99

	
Always

	
>= 0

	  	
Typically Lines 801 and 802 of HUD Settlement Statement

	
14

	
Covered/High Cost Loan Indicator

	
Indicates whether the loan is categorized as “high cost” or “covered” according to state or federal statutes or regulations.

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
15

	
Relocation Loan Indicator

	
Indicates whether the loan is part of a corporate relocation program.

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
16

	
Broker Indicator

	
Indicates whether a broker took the application.

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
17

	
Channel

	
Code indicating the source (channel) from which the Issuer obtained the mortgage loan.

	
Loan Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Retail

2 = Broker

3 = Correspondent Bulk

4 = Correspondent Flow with delegated underwriting

5 = Correspondent Flow without delegated underwriting

99 = Unknown

	  
	
18

	
Escrow Indicator

	
Indicates whether various homeownership expenses are paid by the borrower directly or through an escrow account (as of securitization cut-off date).

	
Loan Type

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
0 = No Escrows

1 = Taxes

2 = Insurance

3 = HOA dues

4 = Taxes and Insurance

5 = All

99 =Unknown

	  
	
19

	
Senior Loan Amount(s)

	
For non-first mortgages, the sum of the balances of all associated senior mortgages at the time of origination of the subordinate lien.

	
Mortgage Lien Info

	
Numeric – Decimal

	
611004.25

	
9(10).99

	
If Lien Position > 1

	
>= 0

	  	  
	
20

	
Loan Type of Most Senior Lien

	
For non-first mortgages, indicates whether the associated first mortgage is a Fixed, ARM, Hybrid, or negative amortization loan.

	
Mortgage Lien Info

	
Numeric – Integer

	
2

	
99

	
If Lien Position > 1

	
See Coding

	
1 = Fixed Rate

2 = ARM

3 = Hybrid

4 = Neg Am

99 = Unknown

	  
	
21

	
Hybrid Period of Most Senior Lien (in months)

	
For non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed interest rate period for the hybrid first mortgage.

	
Mortgage Lien Info

	
Numeric – Integer

	
23

	
999

	
If Lien Position > 1

AND the most senior lien is a hybrid ARM (see Field 20)

	
>= 0

	  	  
	
22

	
Neg Am Limit of Most Senior Lien

	
For non-first mortgages where the associated first mortgage features negative amortization, the maximum percentage by which the negatively amortizing balance may increase (expressed as a proportion of the senior lien’s original balance).

	
Mortgage Lien Info

	
Numeric – Decimal

	
1.25

	
9.999999

	
If Lien Position > 1

AND the senior lien is Neg Am (see Field 20)

	
>= 1 and <= 2

	  	  
	
23

	
Junior Mortgage Balance

	
For first mortgages with subordinate liens at the time of origination, the combined balance of the subordinate liens (if known).

	
Mortgage Lien Info

	
Numeric – Decimal

	
51775.12

	
9(10).99

	
If Lien Position = 1 and there is a 2nd lien on the subject property

	
>= 0

	  	
Subject to Regulatory Confirmation

	
24

	
Origination Date of Most Senior Lien

	
For non-first mortgages, the origination date of the associated first mortgage.

	
Mortgage Lien Info

	
Date

	
20090914

	
YYYYMMDD

	
If Lien Position > 1 and there is a 2nd lien on the subject property

	
“19010101” if unknown

	  	  
	
25

	
Origination Date

	
The date of the Mortgage Note and Mortgage/Deed of Trust

	
Loan Term and Amortization Type

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
26

	
Original Loan Amount

	
The dollar amount of the mortgage loan, as specified on the mortgage note at the time of the loan’s origination. For HELOCs, the maximum available line of credit.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
150000

	
9(10).99

	
Always

	
>0

	  	  
	
27

	
Original Interest Rate

	
The original note rate as indicated on the mortgage note.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
0.0475

	
9.999999

	
Always

	
> 0 and <= 1

	  	  
	
28

	
Original Amortization Term

	
The number of months in which the loan would be retired if the amortizing principal and interest payment were to be paid each month.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
360

	
999

	
Always

	
>= 60

	  	  
	
29

	
Original Term to Maturity

	
The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
60

	
999

	
Always

	
>0

	
N/A

	  
	
30

	
First Payment Date of Loan

	
The date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note.

	
Loan Term and Amortization Type

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	
N/A

	  
	
31

	
Interest Type Indicator

	
Indicates whether the interest rate calculation method is simple or actuarial.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1= Simple

2 = Actuarial

99 = Unknown

	  
	
32

	
Original Interest Only Term

	
Original interest-only term for a loan in months (including NegAm Loans).

	
Loan Term and Amortization Type

	
Numeric – Integer

	
60

	
999

	
Always

	
>= 0 and <= 240

Unknown = Blank;

No Interest Only Term = 0

	  	  
	
33

	
Buy Down Period

	
The total number of months during which any buy down is in effect, representing the accumulation of all buy down periods.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
65

	
999

	
Always

	
>= 0 and <= 100

Unknown = Blank;

No Buy Down = 0

	  	  
	
34

	
HELOC Draw Period

	
The original number of months during which the borrower may draw funds against the HELOC account.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
24

	
999

	
HELOCs Only

	
>= 12 and <= 120

	  	  
	
35

	
Scheduled Loan Amount

	
Mortgage loan scheduled principal balance as of cut-off date. For HELOCs, the current drawn amount.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
248951.19

	
9(10).99

	
Always

	
>= 0

	  	  
	
36

	
Current Interest Rate

	
The interest rate used to calculate the current P&I or I/O payment.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
0.05875

	
9.999999

	
Always

	
> 0 and <= 1

	  	  
	
37

	
Current Payment Amount Due

	
Next Total Payment due to be collected (including principal, interest or both—but Exclude Escrow Amounts).

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
1250.15

	
9(10).99

	
Always

	
> 0

	  	  
	
38

	
Scheduled Interest Paid

Through Date

	  	
Loan Term and Amortization Type

	
Date

	
20090429

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
39

	
Current Payment Status

	
Number of payments the borrower is past due as of the securitization cut-off date.

	
Loan Term and Amortization Type

	
Numeric – Integer

	
3

	
99

	
Always

	
>= 0

	  	  
	
40

	
Index Type

	
Specifies the type of index to be used to determine the interest rate at each adjustment.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
18

	
99

	
ARMs Only

	
See Coding

	
See Appendix B

	  
	
41

	
ARM Look-back Days

	
The number of days prior to the interest rate adjustment date to retrieve the index value.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
45

	
99

	
ARMs Only

	
>= 0 to <=99

	  	  
	
42

	
Gross Margin

	
The percentage stated on the mortgage note representing the spread between the ARM Index value and the mortgage interest rate. The gross mortgage margin is added to the index value to establish a new gross interest rate in the manner prescribed on the mortgage note.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.03

	
9.999999

	
ARMs Only

	
>0 and <= 1

	  	  
	
43

	
ARM Round Flag

	
An indicator of whether an adjusted interest rate is rounded to the next higher ARM round factor, to the next lower round factor, or to the nearest round factor.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
3

	
9

	
ARMs Only

	
See Coding

	
0 = No Rounding

1 = Up

2 = Down

3 = Nearest

99=Unknown

	  
	
44

	
ARM Round Factor

	
The percentage to which an adjusted interest rate is to be rounded.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.0025 or 0.00125

	
9.999999

	
ARMs Only

Where ARM Round Flag = 1, 2, or 3

	
>= 0 and < 1

	  	  
	
45

	
Initial Fixed Rate Period

	
For hybrid ARMs, the period between the first payment date of the mortgage and the first interest rate adjustment date.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
60

	
999

	
Hybrid ARMs Only

	
>= 1 to <=240

	  	  
	
46

	
Initial Interest Rate Cap (Change Up)

	
The maximum percentage by which the mortgage note rate may increase at the first interest rate adjustment date.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
47

	
Initial Interest Rate  Cap (Change Down)

	
The maximum percentage by which the mortgage note rate may decrease at the first interest rate adjustment date.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
48

	
Subsequent Interest Rate Reset Period

	
The number of months between subsequent rate adjustments.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
60

	
999

	
ARMs Only

	
>=0 and <= 120

	  	
0 = Loan does not adjust after initial reset

	
49

	
Subsequent Interest Rate (Change Down)

	
The maximum percentage by which the interest rate may decrease at each rate adjustment date after the initial adjustment.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
50

	
Subsequent Interest Rate Cap (Change Up)

	
The maximum percentage by which the interest rate may increase at each rate adjustment date after the initial adjustment.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
51

	
Lifetime Maximum Rate (Ceiling)

	
The maximum interest rate that can be in effect during the life of the loan.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.125

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	  	
=1 if no ceiling specified

	 
	 
	
52

	
Lifetime Minimum Rate (Floor)

	
The minimum interest rate that can be in effect during the life of the loan.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.015

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	  	
If no floor is specified enter the greater of the margin or 0.

	
53

	
Negative Amortization Limit

	
The maximum amount of negative amortization allowed before recast is required. (Expressed as a percentage of the original unpaid principal balance.)

	
Negative Amortization

	
Numeric – Decimal

	
1.25

	
9.999999

	
Negatively Amortizing ARMs Only

	
>=0, and <2

	  	  
	
54

	
Initial Negative Amortization Recast Period

	
The number of months in which the payment is required to recast if the loan does not reach the prescribed maximum balance earlier.

	
Negative Amortization

	
Numeric – Integer

	
60

	
999

	
Negatively Amortizing ARMs Only

	
>=0

	  	  
	
55

	
Subsequent Negative Amortization Recast Period

	
The number of months after which the payment is required to recast AFTER the first recast period.

	
Negative Amortization

	
Numeric – Integer

	
48

	
999

	
Negatively Amortizing ARMs Only

	
>=0

	  	  
	
56

	
Initial Fixed Payment Period

	
Number of months after origination during which the payment is fixed.

	
Negative Amortization

	
Numeric – Integer

	
60

	
999

	
Negatively Amortizing Hybrid ARMs Only

	
>= 0 to <=120

	  	  
	
57

	
Subsequent Payment Reset Period

	
Number of months between payment adjustments after first payment reset.

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
58

	
Initial Periodic Payment Cap

	
The maximum percentage by which a payment can change (increase or decrease) in the first period.

	
Negative Amortization

	
Numeric – Decimal

	
0.075

	
9.999999

	
Negatively Amortizing ARMs Only

	
>= 0 and < 1

	  	  
	
59

	
Subsequent Periodic Payment Cap

	
The maximum percentage by which a payment can change (increase or decrease) in one period after the initial cap.

	
Negative Amortization

	
Numeric – Decimal

	
0.075

	
9.999999

	
Negatively Amortizing ARMs Only

	
>= 0 and < 1

	  	  
	
60

	
Initial Minimum Payment Reset Period

	
The maximum number of months a borrower can initially pay the minimum payment before a new minimum payment is determined.

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
61

	
Subsequent Minimum Payment Reset Period

	
The maximum number of months (after the initial period) a borrower can pay the minimum payment before a new minimum payment is determined after the initial period.

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
62

	
Option ARM Indicator

	
An indicator of whether the loan is an Option ARM.

	
Negative Amortization

	
Numeric – Integer

	
1

	
99

	
ARMs Only

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
63

	
Options at Recast

	
The means of computing the lowest monthly payment available to the borrower after recast.

	
Option ARM

	
Numeric – Integer

	
2

	
99

	
Option ARMs Only

	
N/A

	
1= Fully amortizing 30 year

2= Fully amortizing 15 year

3=Fully amortizing 40 year

4 = Interest-Only

5 = Minimum Payment

99= Unknown

	  
	
64

	
Initial Minimum Payment

	
The initial minimum payment the borrower is permitted to make.

	
Option ARM

	
Numeric – Decimal

	
879.52

	
99

	
Option ARMs Only

	
>=0

	  	  
	
65

	
Current Minimum Payment

	
Current Minimum Payment (in dollars).

	
Negative Amortization

	
Numeric – Decimal

	
250

	
9(10).99

	
Option ARMs Only

	
>= 0

	  	  
	
66

	
Prepayment Penalty Calculation

	
A description of how the prepayment penalty would be calculated during each phase of the prepayment penalty term.

	
Prepayment Penalties

	
Numeric – Integer

	
12

	
99

	
Always

	
See Coding

	
See Appendix C

	  
	
67

	
Prepayment Penalty Type

	
• Hard: The prepayment penalty is incurred regardless of the reason the loan is prepaid in full.

• Hybrid: The prepayment penalty can be characterized as hard for a certain amount of time and as soft during another period.

 

	
Prepayment Penalties

	
Numeric – Integer

	
1

	
99

	
All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)

	
See Coding

	
1 = Hard

2 = Soft

3 = Hybrid

99 = Unknown

	  
	
68

	
Prepayment Penalty Total Term

	
The total number of months that the prepayment penalty may be in effect.

	
Prepayment Penalties

	
Numeric – Integer

	
60

	
999

	
All loans with Prepayment Penalties (i.e., loans for which Field 66 = something other than “0”)

	
>0 to <=120

	  	  
	
69

	
Prepayment Penalty Hard Term

	
For hybrid prepayment penalties, the number of months during which a “hard” prepayment penalty applies.

	
Prepayment Penalties

	
Numeric – Integer

	
12

	
999

	
Loans with Hybrid Prepayment Penalties (i.e., loans for which Field 67 = “3”)

	
>= 0 to <=120

	  	  
	
70

	
Primary Borrower ID

	
A lender-generated ID number for the primary borrower on the mortgage

	
Borrower

	
Numeric—Integer

	
123456789

	
999999999

	
Always

	
>0

	  	
Used to identify the number of times a single borrower appears in a given deal.

	
71

	
Number of Mortgaged Properties

	
The number of residential properties owned by the borrower that currently secure mortgage loans.

	
Borrower

	
Numeric – Integer

	
1

	
99

	
Always

	
> 0

	  	  
	
72

	
Total Number of Borrowers

	
The number of Borrowers who are obligated to repay the mortgage note.

	
Borrower

	
Numeric – Integers

	
2

	
99

	
Always

	
> 0

	  	  
	
73

	
Self-employment Flag

	
An indicator of whether the primary borrower is self-employed.

	
Borrower

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
74

	
Current ‘Other’ Monthly Payment

	
The aggregate of all payments pertaining to the subject property other than principal and interest (includes common charges, condo fees, T&I, HOA, etc.), whether escrowed or not.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
1789.25

	
9(10).99

	
Always

	
> 0

	  	  
	
75

	
Length of Employment: Borrower

	
The number of years of service with the borrower’s current employer as of the date of the loan.

	
Borrower Qualification

	
Numeric – Decimal

	
3.5

	
99.99

	
Always

	
>=0

	
99 = Retired, None employment income soure (social security, trust income, dividends, etc.)

	  
	
76

	
Length of Employment: Co-Borrower

	
The number of years of service with the co-borrower’s current employer as of the date of the loan.

	
Borrower Qualification

	
Numeric – Decimal

	
3.5

	
99.99

	
If “Total Number of Borrowers” > 1

	
>= 0

	
99 = Retired, None employment income soure (social security, trust income, dividends, etc.)

	  
	
77

	
Years in Home

	
Length of time that the borrower has been at current address.

	
Borrower Qualification

	
Numeric – Decimal

	
14.5

	
99.99

	
Refinances of Primary Residences Only (Loan Purpose = 1, 2, 3, 4, 8 or 9)

	
> 0

	  	  
	
78

	
FICO Model Used

	
Indicates whether the FICO score was calculated using the Classic, Classic 08, or Next Generation model.

	
Borrower Qualification

	
Numeric – Integer

	
1

	
99

	
If a FICO score was obtained

	
See Coding

	
1 = Classic

2 = Classic 08

3 = Next Generation

99 = Unknown

	  
	
79

	
Most Recent FICO Date

	
Specifies the date on which the most recent FICO score was obtained

	
Borrower Qualification

	
Date

	
20090914

	
YYYYMMDD

	
If a FICO score was obtained

	
“19010101” if unknown

	  	
Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance.

	
80

	
Primary Wage Earner Original FICO:  Equifax

	
Equifax FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
81

	
Primary Wage Earner Original FICO:  Experian

	
Experian FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
82

	
Primary Wage Earner Original FICO:  TransUnion

	
TransUnion FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
83

	
Secondary Wage Earner Original FICO:  Equifax

	
Equifax FICO score for Co-borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
84

	
Secondary Wage Earner Original FICO:  Experian

	
Experian FICO score for Co-borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
85

	
Secondary Wage Earner Original FICO: TransUnion

	
TransUnion FICO score for Co-borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
86

	
Most Recent Primary Borrower FICO

	
Most Recent Primary Borrower FICO score used by the lender to approve the loan.

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
87

	
Most Recent Co-Borrower FICO

	
Most Recent Co-Borrower FICO score used by the lender to approve the loan.

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
88

	
Most Recent FICO Method

	
Number of credit repositories used to update the FICO Score.

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If a FICO score was obtained

	
>0

	  	  
	
89

	
VantageScore: Primary Borrower

	
Credit Score for the Primary Borrower used to approve the loan and obtained using the Vantage credit evaluation model.

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a Vantage Credit Score was obtained

	
>= 501 and <= 990

	  	  
	
90

	
VantageScore: Co-Borrower

	
Credit Score for the Co-borrower used to approve the loan and obtained using the Vantage credit evaluation model.

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a VantageScore was obtained AND “Total Number of Borrowers” > 1

	
>= 501 and <= 990

	  	  
	
91

	
Most Recent VantageScore Method

	
Number of credit repositories used to update the Vantage Score.

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If a Vantage Credit Score was obtained

	
>0

	  	  
	
92

	
VantageScore Date

	
Date Vantage Credit Score was obtained.

	
Borrower Qualification

	
Date

	
20090914

	
YYYYMMDD

	
If a Vantage Credit Score was obtained

	
“19010101” if unknown

	  	  
	
93

	
Credit Report: Longest Trade Line

	
The length of time in months that the oldest active trade line, installment or revolving, has been outstanding. For a loan with more than one borrower, populate field based on status for the primary borrower.

	
Borrower Qualification

	
Numeric – Integer

	
999

	
999

	
Always

	
> =0

	  	
Subject to Regulatory Confirmation

	
94

	
Credit Report: Maximum Trade Line

	
The dollar amount for the trade line, installment or revolving, with the largest unpaid balance. For revolving lines of credit, e.g. credit card, the dollar amount reported should reflect the maximum amount of credit available under the credit line whether used or not. For a loan with more than one borrower, populate field based on status for the primary borrower.

	
Borrower Qualification

	
Numeric – Decimal

	
339420.19

	
9(10).99

	
Always

	
>=0

	  	
Subject to Regulatory Confirmation

	
95

	
Credit Report: Number of Trade Lines

	
A count of non-derogatory, currently open and active, consumer trade lines (installment or revolving) for the borrower. For a loan with more than one borrower, populate field based on status for the primary borrower.

	
Borrower Qualification

	
Numeric – Integer

	
57

	
999

	
Always

	
>=0

	  	
Subject to Regulatory Confirmation

	
96

	
Credit Line Usage Ratio

	
Sum of credit balances divided by sum of total open credit available.

	
Borrower Qualification

	
Numeric – Decimal

	
0.27

	
9.999999

	
Always

	
>= 0 and <= 1

	  	
Subject to Regulatory Confirmation

	
97

	
Most Recent 12-month Pay History

	
String indicating the payment status per month listed from oldest to most recent.

	
Borrower Qualification

	
Text

	
77X123200001

	
X(12)

	
Always

	
See Coding

	
0 = Current

1 = 30-59 days delinquent

2 = 60-89 days delinquent

3 = 90-119 days delinquent

4 = 120+ days delinquent

5 = Foreclosure

6 = REO

7 = Loan did not exist in period

X = Unavailable

	  
	
98

	
Months Bankruptcy

	
Number of months since any borrower was discharged from bankruptcy. (Issuers unable to provide this information may rep and warrant that at least x years—as specified in the loan program—have passed since most recent discharge from bankruptcy.)

	
Borrower Qualification

	
Numeric – Integer

	
12

	
999

	
If Borrower has ever been in Bankruptcy

	
>= 0

	  	
Blank = Borrower is not known to have been in bankruptcy

	
99

	
Months Foreclosure

	
Number of months since foreclosure sale date. (Issuers unable to provide this information may rep and warrant that at least x years—as specified in the loan program— have passed since most recent foreclosure.)

	
Borrower Qualification

	
Numeric – Integer

	
12

	
999

	
If Borrower has ever been in Foreclosure

	
>= 0

	  	
Blank = Borrower is not known to have been in foreclosure

	
100

	
Primary Borrower Wage Income

	
Monthly base wage income for primary borrower.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
101

	
Co-Borrower Wage Income

	
Monthly base wage income for all other borrowers.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
If “Total Number of Borrowers” > 1

	
>= 0

	  	  
	
102

	
Primary Borrower Other Income

	
Monthly Other (non-wage) income for primary borrower. (This figure should include net rental income and be reduced by any net rental loss.)

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
103

	
Co-Borrower Other Income

	
Monthly Other (non-wage) income for all other borrowers. (This figure should include net rental income and be reduced by any net rental loss.)

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
If “Total Number of Borrowers” > 1

	
>= 0

	  	  
	
104

	
All Borrower Wage Income

	
Monthly income of all borrowers derived from base salary only.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
105

	
All Borrower Total Income

	
Monthly income of all borrowers derived from base salary, commission, tips and gratuities, overtime and bonuses, part-time or second-job earnings, alimony, child support, interest and dividend income, notes receivable, trust income, net rental income, retirement income, social security, veterans income, military income, foster care income, and self-employed income.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
106

	
4506-T Indicator

	
A yes/no indicator of whether a Transcript of Tax Return (received pursuant to the filing of IRS Form 4506-T) was obtained and considered.

	
Borrower Qualification

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
107

	
Borrower Income Verification Level

	
A code indicating the extent to which the borrower’s income has been verified:

Level 4 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried)

Level 5 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)

*For self-employed borrowers:  Level 4 Income Verification:

• 2 Years Tax Returns

• Self-prepared tax returns (regardless of 4506 and tax transcripts)

 

** For self-employed borrowers: Level 5 Income Verification:

• 2 Years tax returns

• Tax returns prepared and not executed by a CPA, with

          o CPA name & phone number shown on the Preparer section of the tax return

          o Executed 4506 and tax transcripts (matching returns in file)

• Tax returns prepared and executed by a CPA  (regardless of 4506 and tax transcripts)

	
Borrower Qualification

	
Numeric – Integer

	
1

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, “Level 4” Verified  (as defined)

5 = Stated, “Level 5” Verified  (as defined)

 

	  
	
108

	
Co-Borrower Income Verification

	
A code indicating the extent to which the co-borrower’s income has been verified:

 

Level 4 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried)

 

Level 5 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**)

*For self-employed borrowers:  Level 4 Income Verification:

• 2 Years Tax Returns

• Self-prepared tax returns (regardless of 4506 and tax transcripts)

 

** For self-employed borrowers: Level 5 Income Verification:

• 2 Years tax returns

• Tax returns prepared and not executed by a CPA, with

          o CPA name & phone number shown on the Preparer section of the tax return

          o Executed 4506 and tax transcripts (matching returns in file)

• Tax returns prepared and executed by a CPA  (regardless of 4506 and tax transcripts)

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, “Level 4” Verified  (as defined)

5 = Stated, “Level 5” Verified  (as defined)

 

	  
	
109

	
Borrower Employment Verification

	
A code indicating the extent to which the primary borrower’s employment has been verified:

 

Level 3 Verified = Direct Independent Verification with a third party of the borrower’s current employment.

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, Level 3 Verified (as defined)

	  
	
110

	
Co-Borrower Employment Verification

	
A code indicating the extent to which the co-borrower’s employment has been verified:

 

Level 3 Verified = Direct Independent Verification with a third party of the co-borrower’s current employment.

	
Borrower Qualification

	
Numeric – Integer

	
1

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, Level 3 Verified (as defined)

	  
	
111

	
Borrower Asset Verification

	
A code indicating the extent to which the primary borrower’s assets used to qualify the loan have been verified:

 

Level 4 Verified = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).

 

	
Borrower Qualification

	
Numeric – Integer

	
3

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, Level 4 Verified  (as defined)

	  
	
112

	
Co-Borrower Asset Verification

	
A code indicating the extent to which the co-borrower’s assets used to qualify the loan have been verified:

 

Level 4 = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter).

 

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, Level 4 Verified  (as defined)

	  
	
113

	
Liquid / Cash Reserves

	
The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.)

	
Borrower Qualification

	
Numeric – Decimal

	
3242.76

	
9(9).99

	
Always

	
>= 0

	  	  
	
114

	
Monthly Debt All Borrowers

	
The aggregate monthly payment due on other debt (excluding only installment loans with fewer than 10 payments remaining and other real estate loans used to compute net rental income— which is added/subtracted in the income fields).

	
Borrower Qualification

	
Numeric – Decimal

	
3472.43

	
9(9).99

	
Always

	
>= 0

	  	  
	
115

	
Originator DTI

	
Total Debt to income ratio used by the originator to qualify the loan.

	
Borrower Qualification

	
Numeric – Decimal

	
0.35

	
9.999999

	
Always

	
>= 0 and >= 1

	  	  
	
116

	
Fully Indexed Rate

	
The fully indexed interest rate as of securitization cut-off.

	
Borrower Qualification

	
Numeric – Decimal

	
0.0975

	
9.999999

	
ARMs Only

	
>= 0 and >= 1

	  	  
	
117

	
Qualification Method

	
Type of mortgage payment used to qualify the borrower for the loan.

	
Borrower Qualification

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
1 = Start Rate

2 = First Year Cap Rate

3 = I/O Amount

4 = Fully Indexed

5 = Min Payment

98 = Other

99 = Unknown

	  
	
118

	
Percentage of Down Payment from Borrower Own Funds

	
Include only borrower funds, do not include any gift or borrowed funds. (Issuers may provide the actual percentage for each loan, or the guideline percentage and note departure concentration on the transaction summary.)

	
Borrower Qualification

	
Numeric – Decimal

	
0.5

	
9.999999

	
Purchase Loans Only

	
>= 0 and >= 1

	  	  
	
119

	
City

	
The name of the city.

	
Subject Property

	
Text

	
New York

	
X(45)

	
Always

	
Unk=Unknown

	  	  
	
120

	
State

	
The name of the state as a 2-digit Abbreviation.

	
Subject Property

	
Text

	
NY

	
XX

	
Always

	
See Coding

	
See Appendix H

	  
	
121

	
Postal Code

	
The postal code (zip code in the US) where the subject property is located.

	
Subject Property

	
Text

	
10022

	
X(5)

	
Always

	
Unk=Unknown

	  	  
	
122

	
Property Type

	
Specifies the type of property being used to secure the loan.

	
Subject Property

	
Numeric – Integer

	
11

	
99

	
Always

	
See Coding

	
See Appendix D

	  
	
123

	
Occupancy

	
Specifies the property occupancy status (e.g., owner-occupied, investment property, second home, etc.).

	
Subject Property

	
Numeric – Integer

	
4

	
9

	
Always

	
See Coding

	
See Appendix E

	  
	
124

	
Sales Price

	
The negotiated price of a given property between the buyer and seller.

	
Subject Property

	
Numeric – Decimal

	
450000.23

	
9(10).99

	
Purchase Loans Only

	
> 0

	  	  
	
125

	
Original Appraised Property Value

	
The appraised value of the property used to approve the loan.

	
Subject Property

	
Numeric – Decimal

	
550000.23

	
9(10).99

	
Always

	
> 0

	  	  
	
126

	
Original Property Valuation Type

	
Specifies the method by which the property value (at the time of underwriting) was reported.

	
Subject Property

	
Numeric – Integer

	
8

	
99

	
Always

	
See Coding

	
See Appendix F

	  
	
127

	
Original Property Valuation Date

	
Specifies the date on which the original property value (at the time of underwriting) was reported. (Issuers unable to provide may Rep and Warrant that the appraisal used for underwriting was not more than x days old at time of loan closing.)

	
Subject Property

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
128

	
Original Automated Valuation Model (AVM) Model Name

	
The name of the AVM Vendor if an AVM was used to determine the original property valuation.

	
Subject Property

	
Numeric – Integer

	
1

	
99

	
Always

	
See Appendix I

	
See Appendix I

	  
	
129

	
Original AVM Confidence Score

	
The confidence range presented on the AVM report.

	
Subject Property

	
Numeric – Decimal

	
0.74

	
9.999999

	
If AVM Model Name (Field 127) > 0

	
>= 0 to <= 1

	  	  
	
130

	
Most Recent Property Value[1]

	
If a valuation was obtained subsequent to the valuation used to calculate LTV, the most recent property value.

	
Subject Property

	
Numeric – Decimal

	
500000

	
9(10).99

	
If updated value was obtained subsequent to loan approval

	
> 0

	  	  
	
131

	
Most Recent Property Valuation Type

	
If an additional property valuation was obtained after the valuation used for underwriting purposes, the method by which the property value was reported.

	
Subject Property

	
Numeric – Integer

	
6

	
9

	
If updated value was obtained subsequent to loan approval

	
See Coding

	
See Appendix F

	  
	
132

	
Most Recent Property Valuation Date

	
Specifies the date on which the updated property value was reported.

	
Subject Property

	
Date

	
20090914

	
YYYYMMDD

	
If updated value was obtained subsequent to loan approval

	
“19010101” if unknown

	  	  
	
133

	
Most Recent AVM Model Name

	
The name of the AVM Vendor if an AVM was used to determine the updated property valuation.

	
Subject Property

	
Numeric – Integer

	
19

	
99

	
If updated value was obtained subsequent to loan approval

	
See Coding

	
See Appendix I

	  
	
134

	
Most Recent AVM Confidence Score

	
If AVM used to determine the updated property valuation, the confidence range presented on the AVM report.

	
Subject Property

	
Numeric – Decimal

	
0.85

	
9.999999

	
If “Most Recent AVM Model Name” > 0

	
>= 0 to <= 1

	  	  
	
135

	
Original CLTV

	
The ratio obtained by dividing the amount of all known outstanding mortgage liens on a property at origination by the lesser of the appraised value or the sales price.

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
0.96

	
9.999999

	
Always

	
>= 0 and <= 1.5

	  	  
	
136

	
Original LTV

	
The ratio obtained by dividing the original mortgage loan amount on the note date by the lesser of the mortgaged property’s appraised value on the note date or its purchase price.

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
0.8

	
9.999999

	
Always

	
>= 0 and <= 1.25

	  	  
	
137

	
Original Pledged Assets

	
The total value of assets pledged as collateral for the loan at the time of origination. Pledged assets may include cash or marketable securities.

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
75000

	
9(10).99

	
Always

	
>=0

	  	  
	
138

	
Mortgage Insurance Company Name

	
The name of the entity providing mortgage insurance for a loan.

	
Mortgage Insurance

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
See Appendix G

	  
	
139

	
Mortgage Insurance Percent

	
Mortgage Insurance coverage percentage.

	
Mortgage Insurance

	
Numeric – Decimal

	
0.25

	
9.999999

	
“Mortgage Insurance Company Name” > 0

	
>= 0 to <= 1

	  	  
	
140

	
MI: Lender or Borrower Paid?

	
An indicator of whether mortgage insurance is paid by the borrower or the lender.

	
Mortgage Insurance

	
Numeric – Integer

	
1

	
99

	
“Mortgage Insurance Company Name” > 0

	
See Coding

	
1 = Borrower-Paid

2 = Lender- Paid

99 = Unknown

	  
	
141

	
Pool Insurance Co. Name

	
Name of pool insurance provider.

	
Mortgage Insurance

	
Numeric – Integer

	
8

	
99

	
Always

	
See Coding

	
See Appendix G

	  
	
142

	
Pool Insurance Stop Loss %

	
The aggregate amount that a pool insurer will pay, calculated as a percentage of the pool balance.

	
Mortgage Insurance

	
Numeric – Decimal

	
0.25

	
9.999999

	
Pool MI Company > 0

	
>= 0 to <= 1

	  	  
	
143

	
MI Certificate Number

	
The unique number assigned to each individual loan insured under an MI policy.

	
Mortgage Insurance

	
Text

	
123456789G

	
X(20)

	
MI Company

> 0

	
UNK = Unknown

	  	  
	
144

	
Updated DTI

(Front-end)

	
Updated front-end DTI ratio (total monthly housing expense divided by total monthly income) used to qualify the loan modification.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
0.35

	
9.999999

	
Modified Loans Only

	
>= 0 and >= 1

	  	  
	
145

	
Updated DTI

(Back-end)

	
Updated back-end DTI ratio (total monthly debt expense divided by total monthly income) used to qualify the loan modification.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
0.35

	
9.999999

	
Modified Loans Only

	
>= 0 and >= 1

	  	  
	
146

	
Modification Effective Payment Date

	
Date of first payment due post modification.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Date

	
20090914

	
YYYYMMDD

	
Modified Loans Only

	
“19010101” if unknown

	  	  
	
147

	
Total Capitalized Amount

	
Amount added to the principal balance of a loan due to the modification.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
148

	
Total Deferred Amount

	
Any non-interest-bearing deferred amount (e.g., principal, interest and fees).

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
149

	
Pre-Modification Interest (Note) Rate

	
Scheduled Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
0.075

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
150

	
Pre-Modification P&I Payment

	
Scheduled Total Principal And Interest Payment Amount Preceding The Modification Effective Payment Date – or if servicer is no longer advancing P&I, the payment that would be in effect if the loan were current.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
2310.57

	
9(10).99

	
Modified Loans Only

	
> 0

	  	  
	
151

	
Pre-Modification Initial Interest Rate Change Downward Cap

	
Maximum amount the rate can adjust downward on the first interest rate adjustment date (prior to modification) – Only provide if the rate floor is modified.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
0.015

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
152

	
Pre-Modification Subsequent Interest Rate Cap

	
Maximum increment the rate can adjust upward AFTER the initial rate adjustment (prior to modification) – Only provide if the Cap is modified.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
0.015

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
153

	
Pre-Modification Next Interest Rate Change Date

	
Next Interest Reset Date Under The Original Terms Of The Loan (one month prior to new payment due date).

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Date

	
20090914

	
YYYYMMDD

	
Modified Loans Only

	
“19010101” if unknown

	  	  
	
154

	
Pre-Modification I/O Term

	
Interest Only Term (in months) preceding The Modification Effective Payment Date.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Integer

	
36

	
999

	
Modified Loans Only

	
>= 0 to <= 120

	  	  
	
155

	
Forgiven Principal Amount

	
The sum total of all principal balance reductions (as a result of loan modification) over the life of the loan.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
156

	
Forgiven Interest Amount

	
The sum total of all interest incurred and forgiven (as a result of loan modification) over the life of the loan.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
157

	
Number of Modifications

	
The number of times the loan has been modified.

	
Loan Modifications (Pertains only to loans modified for loss mitigation purposes)

	
Numeric – Integer

	
1

	
9

	
Modified Loans Only

	
>= 0

	  	  
	
MH-1

	
Real Estate Interest

	
Indicates whether the property on which the manufactured home is situated is owned outright or subject to the terms of a short- or long-term lease. (A long-term lease is defined as a lease whose term is greater than or equal to the loan term.)

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Coding

	
1 = Owned

2 = Short-term lease

3 = Long-term lease

99 = Unavailable

	  
	
MH-2

	
Community Ownership Structure

	
If the manufactured home is situated in a community, a means of classifying ownership of the community.

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Coding

	
1 = Public Institutional

2 = Public Non-Institutional

3 = Private Institutional

4 = Private Non-Institutional

5 = HOA-Owned

6 = Non-Community

99 = Unavailable

	  
	
MH-3

	
Year of Manufacture

	
The year in which the home was manufactured (Model Year — YYYY Format). Required only in cases where a full appraisal is not provided.

	
Manufactured Housing

	
Numeric – Integer

	
2006

	
YYYY

	
Manufactured Housing Loans Only

	
1901 = Unavailable

	  	  
	
MH-4

	
HUD Code Compliance  Indicator (Y/N)

	
Indicates whether the home was constructed in accordance with the 1976 HUD code. In general, homes manufactured after 1976 comply with this code.

	
Manufactured Housing

	
Numeric – Integer

	
1

	
9

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-5

	
Gross Manufacturer’s Invoice Price

	
The total amount that appears on the manufacturer’s invoice (typically includes intangible costs such as transportation, association, on-site setup, service and warranty costs, taxes, dealer incentives, and other fees).

	
Manufactured Housing

	
Numeric – Decimal

	
72570.62

	
9(10).99

	
Manufactured Housing Loans Only

	
>= 0

	  	  
	
MH-6

	
LTI (Loan-to-Invoice) Gross

	
The ratio of the loan amount divided by the Gross Manufacturer’s Invoice Price (Field MH-5).

	
Manufactured Housing

	
Numeric – Decimal

	
0.75

	
9.999999

	
Manufactured Housing Loans Only

	
>= 0 to <= 1

	  	  
	
MH-7

	
Net Manufacturer’s Invoice Price

	
The Gross Manufacturer’s Invoice Price (Field MH-5) minus intangible costs, including: transportation, association, on-site setup, service, and warranty costs, taxes, dealer incentives, and other fees.

	
Manufactured Housing

	
Numeric – Decimal

	
61570.62

	
9(10).99

	
Manufactured Housing Loans Only

	
>= 0

	  	  
	
MH-8

	
LTI (Net)

	
The ratio of the loan amount divided by the Net Manufacturer’s Invoice Price (Field MH-7).

	
Manufactured Housing

	
Numeric – Decimal

	
0.62

	
9.999999

	
Manufactured Housing Loans Only

	
>= 0 to <= 1

	  	  
	
MH-9

	
Manufacturer Name

	
The manufacturer of the subject property. (To be applied only in cases where no appraised value/other type of property valuation is available.)

	
Manufactured Housing

	
Text

	
“XYZ Corp”

	
Char (100)

	
Manufactured Housing Loans Only (where no appraised value is provided)

	
MH Manufacturer name in double quotation marks

	  	  
	
MH-10

	
Model Name

	
The model name of the subject property. (To be applied only in cases where no appraised value/other type of property valuation is available.)

	
Manufactured Housing

	
Text

	
“DX5-916-X”

	
Char (100)

	
Manufactured Housing Loans Only (where no appraised value is provided)

	
MH Model name in double quotation marks

	  	  
	
MH-11

	
Down Payment Source

	
An indicator of the source of the down payment used by the borrower to acquire the property and qualify for the mortgage.

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
1 = Cash

2 = Proceeds from trade in

3 = Land in Lieu

4 = Other

99 = Unavailable

	  
	
MH-12

	
Community/Related Party Lender (Y/N)

	
An indicator of whether the loan was made by the community owner, an affiliate of the community owner or the owner of the real estate upon which the collateral is located.

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-13

	
Defined Underwriting Criteria (Y/N)

	
An indicator of whether the loan was made in accordance with a defined and/or standardized set of underwriting criteria.

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-14

	
Chattel Indicator

	
An Indicator of whether the secured property is classified as chattel or Real Estate.

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = Real Estate

1 = Chattel

99 = Unavailable

	  

 

 

 

    	12

    	 

    

 

ATTACHMENT 2

 

PURCHASE AGREEMENT

 

Refer to Exhibit 10.13 to Form 8-K
filed by the Issuing Entity on June 29, 2012

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]